Cultural determinants include which of the following;

Language, religion, geography, politics and history

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Unit 2 (Culture, Politics and Economics) Quiz

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Questions 10

Answers

1
Hofstede's cultural dimension that describes when a person's future is prescribed for them is;
Collectivism
High power distance
Low power distance
Individualism
2
The total number of goods and services produced in one country in one year is called;
Gross Domestic Product
Economics of Trade
Per Capital Income
Gross National Product
3
When a country is able to produce a good at a lower opportunity cost they have a(n);
Lower opportunity cost
Absolute advantage
Comparative advantage
Competivite advantage
4
When a country can make a product or service more productively than another country, they have
A competitive advantage
A comparative advantage
A lower opportunity cost
An absolute advantage
5
What part of the business cycle is production and employment rates are at their lowest point?
Recession
Trough
Expansion
Peak
6
Which of the following is not a characteristic of a monochronic society;
Agenda is followed
Lateness is disrespectful
Breaks occur when necessary
Prompt start/end time
7
Controlling a foreign operation domestically requires low cultural awareness.
False
True
8
When a business attempts to increase their effectiveness or efficiency its called;
Regression
A branch plant
Mitigation
Rationalization
9
Severe poverty, long-term political issues and low levels of literacy are characteristics of;
Developed countries
Underdeveloped countries
None of the above
Developing countries
10
Cultural determinants include which of the following;
Child labour, discrimination, wages, standards & practices
Extent, control, degree and number of foreign operations
Language, religion, geography, politics and history
Power distance, uncertainty avoidance, masculinity

Unit 2 (Culture, Politics and Economics) Quiz Flashcards | StudBud

Unit 2 (Culture, Politics and Economics) Quiz

10 termsStudBud Administration39 plays

#international business

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
Hofstede's cultural dimension that describes when a person's future is prescribed for them is;
Collectivism
High power distance
Low power distance
Individualism
2
The total number of goods and services produced in one country in one year is called;
Gross Domestic Product
Economics of Trade
Per Capital Income
Gross National Product
3
When a country is able to produce a good at a lower opportunity cost they have a(n);
Lower opportunity cost
Absolute advantage
Comparative advantage
Competivite advantage
4
When a country can make a product or service more productively than another country, they have
A competitive advantage
A comparative advantage
A lower opportunity cost
An absolute advantage
5
What part of the business cycle is production and employment rates are at their lowest point?
Recession
Trough
Expansion
Peak
6
Which of the following is not a characteristic of a monochronic society;
Agenda is followed
Lateness is disrespectful
Breaks occur when necessary
Prompt start/end time
7
Controlling a foreign operation domestically requires low cultural awareness.
False
True
8
When a business attempts to increase their effectiveness or efficiency its called;
Regression
A branch plant
Mitigation
Rationalization
9
Severe poverty, long-term political issues and low levels of literacy are characteristics of;
Developed countries
Underdeveloped countries
None of the above
Developing countries
10
Cultural determinants include which of the following;
Child labour, discrimination, wages, standards & practices
Extent, control, degree and number of foreign operations
Language, religion, geography, politics and history
Power distance, uncertainty avoidance, masculinity