BUS357 Week 5 Quiz

Question 1

1 / 1 pts

The accounting value that relates to issues such as how to present financial information and discuss financial results is known as ________.

measurement

conservatism

Correct!

disclosure

optimism

 

Question 2

1 / 1 pts

In the context of manufacturing strategy, the degree of consistency between the foreign investment decision and the company’s competitive strategy is known as ________.

Correct!

compatibility

coordination

control

configuration

 

Question 3

1 / 1 pts

Which of the following most accurately describes the current state of HRM efforts to staff international operations?

Fewer women are accepting international assignments.

The length of permanent assignments is rising among middle managers.

Correct!

There are historic shortages of executive talent for international assignments.

Third-country nationals are quickly being replaced by localized expatriates.

 

Question 4

1 / 1 pts

When a company identifies a market segment on a global basis, such as a segment based on income, it will likely ________.

encounter a similar percentage of the population in each country within that segment

Correct!

find that a niche market in one country may be a mass market in another

find that the market in each country is so dispersed that distribution is difficult

be aiming at a mass market in each country

 

Question 5

1 / 1 pts

When GM moved some of its manufacturing operations to Mexico to be closer to the American market, they were doing what’s known as ________.

Correct!

nearshoring

cost-benefit analysis

offshoring

coordination

 

Question 6

1 / 1 pts

Logistics is also known as ________.

internal logistics

Correct!

materials management

the internal supply chain

value-added management

 

Question 7

1 / 1 pts

Traditionally, expatriates were ________; today, HRM increasingly considers ________.

men; women

women; men

Correct!

mid-level and mid-career executives; older employees and younger employees

older employees and younger employees; mid-level and mid-career executives

 

Question 8

1 / 1 pts

The internal financial reports provided by controllers are primarily used by all of the following EXCEPT ________.

Correct!

customers

investors

creditors

lenders

 

Question 9

1 / 1 pts

A company that decides to “localize” expatriate assignments will offer an expatriate the option of ________.

serving a shorter assignment in the host country

becoming a naturalized citizen of the host country

moving to an emerging market closer to the home country

Correct!

retaining a foreign assignment provided he or she accepts the status of a local hire

 

Question 10

1 / 1 pts

A(n) ________ staffing policy framework assumes that the practices and procedures that work at headquarters will work in foreign operations; as such, executive slots are filled by home-country nationals.

polycentric

intercentric

Correct!

ethnocentric

geocentric