Question 32

Which of the following terms refers to any cultural variables that undermine the communication of intended meaning?

Group of answer choices

A) cultural ethics

B) cultural empathy

C) cultural noise

D) cultural attribution

Question 33

Which of the following statements is true of the strategic formulation process?

Group of answer choices

A) The global strategic formulation process is completely independent of the process followed in domestic companies.

B) The strategic formulation process is part of the strategic management process in which most firms engage, either formally or informally.

C) Strategic formulation consists of four defined stages that occur in a consecutive order.

D) Most firms operate on planning cycles of one or two years with periodic strategy reviews.

Question 34

According to the international codes of conduct, the MNE behavior toward the host government is related to ________.

Group of answer choices

A) economic and developmental policies, laws and regulations, and political involvement

B) political involvement, technology transfer, and environmental protection

C) political involvement, communication practices, and laws and regulations

D) laws and regulations, technology transfer, and communication practices

Question 35

Which of the following means of political risk reduction is best suited for firms that decide a high-risk environment is worth the potential returns?

Group of answer choices

A) avoidance

B) adaptation

C) hedging

D) dependency

Question 36

Which of the following is considered the primary problem for MNCs attempting to define their corporate-wide ethics?

Group of answer choices

A) inconsistencies among international laws

B) variations in ethical standards around the world

C) corruption within legal organizations

D) differences in worldwide religions