MBA 540 4-3 Quiz: Milestone Two Pre-Check
Question 1 1.5 / 1.5 points
Which of the following accurately defines a firm’s values? Select one.
Question options:
They refer to procedures, processes, and routines that continuously expand existing resources or improve operating
capabilities.
The...
MBA 540 4-3 Quiz: Milestone Two Pre-Check
Question 1 1..5 points
Which of the following accurately defines a firm’s values? Select one.
Question options:
They refer to procedures, processes, and routines that continuously expand existing resources or improve operating
capabilities.
They refer to its leaders’ beliefs about what is right and wrong, good and bad, desirable and undesirable.
They refer to factors of production that create economic value for the firm when employed.
They refer to a firm’s ranking of what is most important.
Hide question 1 feedback
A company’s values are reflected in the beliefs and actions of its leaders.
Question 2 1..5 points
Which of the following can be categorized as a market risk associated with
entering a new foreign, non-US market?
Question options:
The distribution process being different from that in the United States
The currencies of countries fluctuating significantly when compared to the U.S. dollar
The local government requiring a certain percentage of managers to be locals
, The local government introducing tariffs on foreign products
Questio 1..5
n3 points
With respect to distance between a foreign and a domestic market,
administrative distance is likely to be more when the new market _________.
Question options:
does not belong to a different trade block
has not been part of the colonizer/colony network
uses the same currency as the domestic market
uses the common law system used in the Anglo sphere
Hide question 3 feedback
When the new market has not been part of the colonizer/colony network, administrative distance between foreign and
domestic market is likely to be more.
Question 4 1..5 points
True or false: The shared actions, values, and beliefs in an organization that
guide the behavior of its members are collectively called organizational culture.
Question options:
True
False
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