In a short essay, describe the three types of currency exposure, and explain how foreign currency translation works.
What will be an ideal response?
Question 2According to a survey, most employers who administer tests to applicants are measuring ________.
A) job skills
B) psychological behaviors
C) interpersonal behaviors
D) ethical opinions
Question 3In a short essay, compare the advantages of using direct exporting and indirect exporting.
What will be an ideal response?
Question 4The Denison Leadership model focuses on what managers can do to create effective organizational cultures. Which of the following is not one of his suggestions for doing so?
a. promoting adaptability
b. practicing tough love as a manager
c. encouraging employee involvement
d. having clear policies, procedures, and norms
Question 5The integration-responsiveness (IR) grid expresses how a company's ________ is a function of the relationship between its value chain and the prevailing pressures for global integration or local responsiveness in its industry.
A) value proposition
B) target market
C) mission
D) strategy
Question 6You are familiar with the Denison Leadership Development Model, and so far, it has been working well for you. To date, you have communicated a clear vision to your employees, and given them clear policies and norms.
According to Denison, what else do you need to do in order to be an effective manager?
a. encourage employee involvement
b. promote adaptability
c. raise employees' salaries to reward them when they achieve 5 increases in productivity
d. both a and b
Question 7Which of the following would most likely benefit Quik-Vac due to the firm's lack of experience in international markets?
A) using the Quik-Vac sales and marketing departments
B) advertising Quik-Vac products on the Internet
C) hiring OgilvyOne Worldwide, a global advertising agency
D) translating U.S. Quik-Vac commercials into other languages
Question 8According to the American Psychological Association, all of the following are rights of test takers EXCEPT the right to expect ________.
A) informed consent regarding the use of test results
B) scores to be interpreted by qualified individuals
C) tests to be the only selection tools for a job
D) fairness of the test for all who take it