Strayer Bus325 quiz 8
Question 1
International trade secretariats (ITS):
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Are the acts of staging an investment strikes by the multinational |
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Is a loose confederation to provide worldwide links for the national unions in a particular industry or trade |
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Is a lobbyist for restrictive national legislation in the USA and Europe |
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Are clearing houses for information on key labor provisions around the world |
Question 2
Greater emphasis on formal management controls and close reporting systems tend to be present in:
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European firms |
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USA firms |
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Asian firms |
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Australian firms |
Question 3
Generally speaking, corporate headquarters:
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Is seldom involved in labor agreements made by foreign subsidiaries because these agreements seldom effect international plans nor create precedents for negotiations in other countries |
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Is seldom involved in labor agreements made by foreign subsidiaries because headquarters staff feel they do not understand local regulatory and institutional contexts |
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Is often involved in labor agreements made by foreign subsidiaries because headquarters staff do not trust local labor specialist to bargain effectively |
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Will become involved in labor agreements made by foreign subsidiaries because these agreements may affect international plans and/or create precedents for negotiations in other countries |
Question 4
Iron rice bowl refers to:
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Additional iron supplement added in a bowl of cereal |
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Guaranteed continuation of employment |
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Exclusive offshore activities in China |
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Stringent compensation differentials |
Question 5
McDonald’s company policy is to staff its restaurants with:
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90% nationals |
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Only nationals |
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Bilingual managers |
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Union employees |
Question 5
McDonald’s company policy is to staff its restaurants with:
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90% nationals |
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Only nationals |
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Bilingual managers |
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Union employees |
Question 6
Ex-host-country nationals ( EHCN) is
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A person who was fired in a MNE and wants to return to their home country |
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A person who studied abroad and returns to their home country |
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A manager who is transferred from one country to another and then returns to the home country |
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An international traveler who is banned from their home country |
Question 7
Influencing wage levels to the extent that cost structures become uncompetitive is:
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A byproduct of a successful subsidiary |
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A result of government regulations |
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A disadvantage of trade unions |
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A multinational problem |
Question 8
Multinationals operating in Western Europe, Japan and Australia have a more serious problem than wage level which is:
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Restricted to overtime provisions |
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Long term labor contracts |
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The ability to vary employment levels |
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Unpredictable regulatory environment |
Question 9
The term “offshoring” is frequently used as a subcategory of:
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MNE training |
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Outsourcing |
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Drilling |
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Internationalizing |
Question 10
A major problem applying the strategy of lobbying for restrictive national legislation is:
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The reality of conflicting national economic interest particularly in times of economic downturn |
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The reality of diffuse and uncoordinated legislative processes |
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The reality of diverse interests by the many and varied union representatives as they seek to approach legislators |
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The reality of the complexity of labor legislation and the inability of most individual legislators to understand the key issues involved |
Question 11
Poor subsidiary performance tends to:
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Be accompanied by decreased corporate level involvement in local industrial relations |
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Be accompanied by increased corporate level involvement in industrial relations |
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Encourage the formation of labor unions |
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Be independent of corporate level involvement in local industrial relations |
Question 12
Guanxi is:
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A network connection based on dyadic, personal relationships between people |
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A term used to describe skill shortages in India and China |
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A flourishing business process outsourcing industry |
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The world’s largest International call center |
Question 13
International call-centers are an example of:
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NGO |
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Social dumping |
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Offshoring activities |
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Lobbying |
Question 14
Recent evidence has shown that one of the priorities when making investment location decisions is:
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Presence of unions |
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Capital resource availability |
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Equal opportunity government regulations |
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The ability to dismiss employees |
Question 15
A lack of familiarity by multinational managers of local industrial and political conditions has:
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Worsened a conflict with a local firm that could have been resolved |
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Conflicted with social norms |
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Encouraged the development of a union |
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Contributed to the failure of a MNE |
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Rating:
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Solution: Strayer Bus325 quiz 8