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MGMT2002- Week 9 Flashcards | StudBud
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MGMT2002- Week 9
MGMT2002- Week 9
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Questions
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Answers
1
Who is the author of the fairy tale "The Ugly Duckling"?
Victor Hugo
Fyodor Dostoevsky
Hans Christian Andersen
Jane Austen
2
Who is this famous person?
William Shakespeare
Edward Alleyn
King James I
Nathan Field.
3
In what country was the Caesar salad invented?
UK
Italy
Poland
Mexico
4
What color is a giraffe's tongue?
Black
Blue
Purple
Red
5
Which American civil rights activist delivered the iconic "I Have a Dream" speech?
Malcolm X
Martin Luther King Jr.
John Lewis
Medgar Evers
6
What was a significant contributing factor to Starbucks' failure in Australia?
Too much localization efforts
Pricing strategy aligned with local preferences
Limited competition from local cafes
Rapid expansion strategy
7
Who is Carl Jung?
A Swiss psychiatrist
A Renowned Swiss painter
A German Olympic athlete
A Famous German chef
8
What is a significant advantage of globalization?
Reduced cultural diversity
Limited access to international markets
More jobs for local industries and businesses
Increased economic growth and prosperity
9
Who is this famous person?
Johann Sebastian Bach
Ludwig van Beethoven
Franz Schubert
Friedrich Nietzsche
10
What is a common challenge associated with joint ventures?
Increased market share
Potential conflicts between partners' strategies
Cultivating stronger synergy between partners
Optimizing decision-making processes
11
What is Rumi famous for?
Authoring influential novels
Pioneering modern drama
Writing historical biographies
Writing fascinating poetry
12
What is a common challenge faced specifically in Global Sourcing?
Arranging company retreats
Balancing personal life and work
Quality control issues
Managing office politics
13
Which of the following is NOT a negative consequence of fast fashion?
Adoption of sustainable practices in production
Increase in textile waste
Labour exploitation and low wages
Encouraging a "throw-away" culture and consumerism
14
In the Uppsala model, what's the primary factor influencing a firm's choice for its initial entry into a foreign market?
Legal framework
Cultural similarity
Competitive landscape
Market potential
15
What distance do marathon participants run?
37 kilometres
44,495 kilometres
44 kilometres
42,195 kilometres
16
Who was the first deaf-blind person to earn Bachelor’s Degree, known for activism in women's & disability rights?
Elizabeth Ware Packard
Judith Heumann
Hellen Keller
Sara Smith
17
What is the name of the mountaintop where the Greek gods were said to live?
Olympus
Everest
Thebes
Athens
18
What is an advantage of a Multidomestic Strategy?
Controlling a single global subsidiary for all operations
Standardized products for global markets
Focusing solely on standardized products and messaging
Adapting products to each market's specific needs
19
Who is this famous person?
Harriet Tubman
Mary Ann Carlton
Ida B. Wells,
Rosa Parks
20
How can companies mitigate currency risk in international business?
Expanding operations in only one country
Investing in foreign currency-denominated assets without diversification
Focusing solely on physical assets
Hedging through financial instruments
21
Which of the following is NOT a step in the Global Market Opportunity Assessment (GMOA) framework?
Organisation Readiness
Product Suitability
Employee Satisfaction Analysis
Country Screening
22
What is a potential advantage of de-globalization?
Enhanced cultural exchange
Strengthened domestic industries
Reduced economic competition
Increased market access
