Question 1

The population of the United States is shifting from the Northeast to the Southwest. This is an example of which type of force in the general environment?
A)political
B)legal
C)sociocultural
D)demographic

Accepted Answer

The shift in population from one region to another is a demographic change, as it involves changes in the characteristics of a population, such as location, age, or size.

Question 2

Willard wants to be an expatriate, but he violated a folkway on a recent international trip. Because of this violation, his international hosts thought of him as
A)powerful and socially refined.
B)immoral or wicked.
C)eccentric or ill-mannered.
D)unfamiliar with religion.

Accepted Answer

Violating a folkway, which is a social norm that is not morally significant, typically results in being perceived as eccentric or ill-mannered rather than immoral or wicked.

Question 3

One of the reasons that world trade has increased so dramatically is that tariff barriers have
A)vanished.
B)changed little, leading to a sense of stability.
C)become much stronger.
D)fallen significantly.

Accepted Answer

Tariff barriers have fallen significantly due to trade agreements and globalization, facilitating increased world trade.

Question 4

Values are deeply embedded in society and
A)change through a slow and painful process.
B)are static and remain unchanged.
C)change quickly via smooth transitions.
D)are the same across all societies.

Accepted Answer

Values are deeply embedded in society and tend to change through a slow and often challenging process due to cultural, historical, and social influences.

Question 5

If a society values the group more than the individual, and believes that people should be judged by the quality of their contribution to the group instead of their individual achievement, then the society is said to value
A)individualism.
B)power distance.
C)collectivism.
D)objectivism.

Accepted Answer

Collectivism emphasizes the importance of the group over individual achievements, aligning with the society's values described.

Question 6

A rural bank in Texas loses customers when those customers decide to invest their money in foreign banks that they access online. The rural bank's management considers this to be an example of
A)a negative effect related to human capital.
B)a negative effect related to financial capital.
C)a positive effect related to human capital.
D)a positive effect related to financial capital.

Accepted Answer

The rural bank losing customers to foreign banks is a negative effect related to financial capital because it involves the outflow of financial resources from the local bank to foreign institutions.

Question 7

Jessica is moving to another country to manage a call center for her employer. The country she is moving to has low power distance. Which of these situations is Jessica most likely to discover in this new country?
A)rudeness and insubordination among the employees who report to her
B)CEOs who make dozens or hundreds of times as much as the average worker makes
C)many and varied social welfare programs, such as childcare assistance and subsidized doctor visits
D)fear and nervousness among the employees who report to her

Accepted Answer

In countries with low power distance, there is often a focus on equality and social welfare, leading to programs that support the well-being of all citizens, such as childcare assistance and subsidized healthcare.

Question 8

Companies from the nation of Moldavia are more efficient in the production of certain types of apparel, while companies from the United States are more efficient in the production of certain types of computers. Which economic theory predicts that capital would move to Moldavia to be invested there in the apparel industry and to the United States to be invested in its computer companies?
A)rapid specialization theory
B)investor collectivism theory
C)free-trade doctrine
D)investor individualism doctrine

Accepted Answer

The free-trade doctrine suggests that resources, including capital, will move to where they are most efficiently used, promoting investment in industries where countries have a comparative advantage.

Question 9

The society of the nation of Atlantis has commonly accepted laws against driving while intoxicated, and violations of those laws bring severe penalties. This is an example of which type of norm?
A)mores
B)sanctions
C)folkways
D)rituals

Accepted Answer

Mores are norms that are widely observed and have great moral significance, often enforced by laws and severe penalties.

Question 10

If a society believes that self-expression is important to the people in that society, then the society is said to value
A)social background.
B)individualism.
C)objectivism.
D)power distance.

Accepted Answer

A society that values self-expression is one that emphasizes the importance of individual expression and autonomy. This is in contrast to societies that value social background, objectivism, or power distance, which emphasize conformity, objectivity, and hierarchy, respectively.

Question 11

Ifaneyi's company transfers him to the United States, where he finds that he is expected to be much more casual than he is used to in terms of what he wears and how he speaks to people. In the context of social norms, the customs and practices related to correct dress and social manners are known as
A)folkways.
B)artifacts.
C)values.
D)rites.

Accepted Answer

Folkways are the informal norms or everyday customs that may be violated without serious consequences within a particular culture, such as dress codes and social manners.

Question 12

Norms that are central to the functioning of a society and whose violation brings serious retribution are known as
A)sanctions.
B)folkways.
C)mores.
D)rituals.

Accepted Answer

Mores are norms that are considered essential to the core values of a society, and violations of mores are met with severe consequences.

Question 13

A tax that a government imposes on goods imported into the country is known as a(n)
A)sanction.
B)quota.
C)embargo.
D)tariff.

Accepted Answer

A tariff is a tax imposed by a government on goods imported into the country.

Question 14

A society has a common practice that men should remove their hats whenever they ride in elevators that are also carrying women. This is an example of which type of norm?
A)rituals
B)folkways
C)standards
D)mantras

Accepted Answer

Folkways are social norms that are not as strictly enforced as laws or customs, but they are still considered to be important by members of a society. In this case, the practice of men removing their hats in elevators is a folkway because it is a common practice that is not strictly enforced, but it is still considered to be important by members of the society.

Question 15

Ingrid moves to a different country to manage IT employees. She discovers that this society has what she considers surprising ideas about what is bad, wrong, undesirable, or unattractive. These ideas are
A)values.
B)mores.
C)rites.
D)folkways.

Accepted Answer

Values are the deeply held beliefs about what is good, bad, right, or wrong in a society, which Ingrid finds surprising in the new country.

Question 16

In a society, the unwritten rules of conduct that state how people should act in particular situations in that society are known as
A)values.
B)norms.
C)rituals.
D)goals.

Accepted Answer

Norms are the unwritten rules of conduct that state how people should act in particular situations in a society.

Question 17

In the North American Free Trade Agreement (NAFTA), what percentage of the tariffs on the goods traded between Mexico, Canada, and the United States were supposed to be abolished by the year 2004?
A)30 percent
B)99 percent
C)70 percent
D)55 percent

Accepted Answer

NAFTA aimed to eliminate tariffs on most goods traded between the U.S., Canada, and Mexico, with 99% of tariffs scheduled to be abolished by 2004.

Question 18

Susan's company sends her to "expat training" before her international posting. The training teaches the values, norms, knowledge, beliefs, moral principles, laws, customs, and other practices that unite the citizens of the country where she is going. These values, norms, beliefs, etc. are also known as
A)a representative democracy.
B)a free-trade economy.
C)the national culture.
D)culture shock.

Accepted Answer

The training Susan receives is focused on understanding the national culture, which encompasses the values, norms, beliefs, and practices that are characteristic of the citizens of a particular country.

Question 19

Deregulation and privatization are a part of which of the following forces in the general environment?
A)political and legal
B)technological and industrial
C)cognitive and sociocultural
D)macroeconomic and microeconomic

Accepted Answer

Deregulation and privatization are influenced by government policies and legal frameworks, which are part of the political and legal forces in the general environment.

Question 20

The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a foreign car manufacturer to be sold in the U.S. What type of tax is the U.S. government imposing?
A)an export tariff
B)an import tariff
C)a franchise tax
D)a licensing tax

Accepted Answer

An import tariff is a tax imposed on goods brought into a country from abroad. In this case, the 25 percent tax on foreign SUVs entering the U.S. is an import tariff.

Quiz 4: Managing in the Global Environment

The population of the United States is shifting from the Northeast to the Southwest. This is an example of which type of force in the general environment?

Willard wants to be an expatriate, but he violated a folkway on a recent international trip. Because of this violation, his international hosts thought of him as

One of the reasons that world trade has increased so dramatically is that tariff barriers have

Values are deeply embedded in society and

If a society values the group more than the individual, and believes that people should be judged by the quality of their contribution to the group instead of their individual achievement, then the society is said to value

A rural bank in Texas loses customers when those customers decide to invest their money in foreign banks that they access online. The rural bank's management considers this to be an example of

Jessica is moving to another country to manage a call center for her employer. The country she is moving to has low power distance. Which of these situations is Jessica most likely to discover in this new country?

The society of the nation of Atlantis has commonly accepted laws against driving while intoxicated, and violations of those laws bring severe penalties. This is an example of which type of norm?

If a society believes that self-expression is important to the people in that society, then the society is said to value

Ifaneyi's company transfers him to the United States, where he finds that he is expected to be much more casual than he is used to in terms of what he wears and how he speaks to people. In the context of social norms, the customs and practices related to correct dress and social manners are known as

Norms that are central to the functioning of a society and whose violation brings serious retribution are known as

A tax that a government imposes on goods imported into the country is known as a(n)

A society has a common practice that men should remove their hats whenever they ride in elevators that are also carrying women. This is an example of which type of norm?

Ingrid moves to a different country to manage IT employees. She discovers that this society has what she considers surprising ideas about what is bad, wrong, undesirable, or unattractive. These ideas are

In a society, the unwritten rules of conduct that state how people should act in particular situations in that society are known as

In the North American Free Trade Agreement (NAFTA) , what percentage of the tariffs on the goods traded between Mexico, Canada, and the United States were supposed to be abolished by the year 2004?

Deregulation and privatization are a part of which of the following forces in the general environment?

The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a foreign car manufacturer to be sold in the U.S. What type of tax is the U.S. government imposing?