Midterm Exam - International Management - Test 3

What does the internal environment of a firm consist of?

• Members, vision, structure, and physical resources

• Sociocultural, technological, economic, and government forces

• Culture, members, events, and factors within the organization

• Exchange rates, wages, employment statistics, and inflation

Which of the following is a part of the company's vision?

• Tangible assets of the organization

• Technical know-how of the organization

• Future position, business mission, and objectives

• Values, beliefs, and behavior of the organization

What does the structure of the organization determine?

• Tangible assets of the organization

• Values, beliefs, and behavior of the organization

• Delegation of tasks, coordination, and supervision

• Future position, business mission, and objectives

What does corporate culture refer to?

• Values, beliefs, and behavior of the organization

• Future position, business mission, and objectives

• Delegation of tasks, coordination, and supervision

• Tangible assets of the organization

Which is the most valuable asset of the organization?

• Tangible assets of the organization

• Delegation of tasks, coordination, and supervision

• Human resource

• Values, beliefs, and behavior of the organization

What do physical resources of the organization refer to?

• Human resource

• Technical know-how of the organization

• Tangible assets of the organization

• Values, beliefs, and behavior of the organization

What is the big picture of an organization's external environment inclusive of?

• Delegation of tasks, coordination, and supervision

• Future position, business mission, and objectives

• Sociocultural, technological, economic, and government forces

• Values, beliefs, and behavior of the organization

What does globalization refer to?

• Tangible assets of the organization

• Future position, business mission, and objectives

• Development of an integrated global economy

• Values, beliefs, and behavior of the organization

What are the processes of globalization characterized by?

• Future position, business mission, and objectives

• Free trade, capital flows, communications, and cheaper foreign labor markets

• Tangible assets of the organization

• Values, beliefs, and behavior of the organization

Which of the following companies operates internationally and has prospered in the global economy?

• Future position, business mission, and objectives

• Values, beliefs, and behavior of the organization

• Amazon, selling low-end products through its brand AmazonBasics

• Tangible assets of the organization