Started on Sunday, 25 FEB 2024, 12:20 PM
State Finished
Completed on Sunday, 25 FEB, 12:50 PM
Time taken 29 mins 56 secs
Marks 19.00/20.00
Grade 95.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
A corporate language refers to ________.
a. foreign language used informally by tourists
b. native language in the MNEs country of origin
c. language people use for informal chats with the colleagues
d. language used for all formal communications within an MNE
The correct answer is: language used for all formal communications within an MNE
Question 2
Correct
Mark 1.00 out of 1.00
In a collective society, people belonging to the ‘in-group’ have an advantage because
_______.
a. Out-group members will show them respect
b. Out-group members are likely to pay them bribes
c. Members of other groups will show them respect
d. Members of the same group will trust them more
The correct answer is: Members of the same group will trust them more
The cost of living varies between nations, and this is measured by the _________.
a. gross domestic products (GDP)
b. purchasing power parity (PPP)
c. gross national product (GNP)
d. gross national income (GNI)
The correct answer is: purchasing power parity (PPP)
Question 4
Correct
Mark 1.00 out of 1.00
Which one of the following is a characteristic of low uncertainty avoidance cultures?
a. less resistance to change and focus on retirement bene ts
b. willingness to take risks and less resistance to change
c. focus retirement bene ts and job security
d. resistance to change and job security
The correct answer is: willingness to take risks and less resistance to change
Question 5
Correct
Mark 1.00 out of 1.00
Which of the following is NOT a characteristic of a market economy?
a. Prices react to changes in supply and demand
b. Businesses producing according to an economy-wide central plan
c. Businesses planning production to supply the market in the future
d. Buyers and sellers’ meeting in a market
The correct answer is: Businesses producing according to an economy-wide central
plan
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller SmartTutors. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.79. You're not tied to anything after your purchase.