UNIVERSITY OF HARGEISA.

FACULTY OF BUSINESS AND ECONOMICS.

INTERNATIONAL MANAGEMENT
MID TERM.
4D.

SECTION A (10%) CONSISTIS TEN QUESTIONS

SECTION B (10%) CONSISTIS FIVE QUESTION .(Answer all of them)
1) The term globalism or globalization generally refers to _____.
A. increasing loyalty to your own country
B. global competition characterized by networks that bind countries,
institutions, and people.
C. competition in an increasingly borderless world
D. b and c only
2) Which of the following is correct about measuring globalization:
A. The United States is the most globalized country.
B. Globalization is measured using only economic factors.
C. Trade, travel, technology, and links with the rest of the world are
four comprehensive measures of globalization.
D. The United States leads all countries in trade, travel, and links with
the rest of the world.
3) Small and medium-sized enterprises (SMEs)
A. are generally not competing internationally.
B. are major investors in world markets.
C. face good opportunities currently as a result of trade shows, export initiatives, and
the Internet.
D. are unaffected by globalism
4) In which of the following three regional free-trade blocs does most of todays world trade
take place?
A. Western Europe, Eastern Europe, and North America
B. Western Europe, Asia, and the United States
C. Western Europe, Asia, and North America
D. Europe, Southeast Asia, and the Americas
5) Which of the following countries is not one of the Four Tigers?
A. South Korea
B. Hong Kong
C. Taiwan
D. Thailand
6) Which of the following is not correct?
A. Foreign investors have become wary of Russia because of recent
government action against the Yukos oil group.
B. Africa has been ignored by most of the worlds investors

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 C. Because of the political and economic risks in LDCs, they offer no potential
international business opportunities
D. South Africa has the biggest economy in Africa.
7) Of all the developments propelling global business today, the one that is transforming the
international managers agenda the most is
A. information technology
B. political unrest
C. increased nationalism
D. ethnic strife
8) An important aspect of the political environment is the phenomenon of _____ - a driving
force behind political instability around the world.
A. ethnicity
B. government oppression
C. fascism
D. racism
9) Political risks are any governmental actions or politically motivated events that adversely
affect the _____.
A. capacity of the company to survive
B. long-run profitability or value of the company
C. personal safety of corporate managers and employees
D. companys capacity to meet consumer needs
10) Which of the following best describes nationalization?
A. use of locals in management positions
B. giving hiring precedence to locals over employees from the companys headquarters
C. governments gradual and subtle actions against a firm
D. forced sale of an MNCs assets to local buyers

SHORT ESSAY QUESTIONS (10%)

1) List five proposed global labor standards that would be monitored by outside
organizations to certify that plants are meeting minimal ethical standards ?

2) Define and discuss the purpose of the Foreign Corrupt Practices Act (FCPA) of 1977. ?

3) What are some of the major criticisms of MNC subsidiary activities?

4) How is a manager operating abroad to know what is the right decision when faced with
questionable or unfamiliar circumstances of doing business?

5) Discuss the difference between parochialism and ethnocentrism.?

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