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Exam 2: International Business - Spring 2014 | BUS 3370, Exams of Introduction to Business Management

Central State University (CSU)Introduction to Business Management

Material Type: Exam; Class: Survey of International Bus; Subject: Business Administration; University: Central State University; Term: Spring 2014;

Typology: Exams

2013/2014

Uploaded on 04/15/2014

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Central State University
International Business
Spring of 2014
Exam two
Do all twenty five questions for one hundred (100) points
Each questions is worth four (4) points
The exam is worth thirty percent (30.0%) of your total grade
1. Which term refers to an individual’s personal belief about whether a decision,
behavior, or action is right or wrong?
A. values
B. culture
C. ethics
D. norms
2. Fruit juice suppliers in South America rely heavily on_________.
A. elderly employees
B. child labor
C. female workers
D. illegal immigrant workers
3. According to the text, the primary ethics concerns surrounding BP related
to_______.
A. corruption
B. child labor
C. worker safety
D. market price control
4. Ethical beliefs are primarily_______ in nature.
A. societal
B. familial
C. individual
D. cultural
5. Which of the following is LEAST influential on an individual’s ethics?
A. family
B. peers
C. social trends
D. religious beliefs
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Central State University International Business Spring of 2014 Exam two Do all twenty five questions for one hundred (100) points Each questions is worth four (4) points The exam is worth thirty percent (30.0%) of your total grade

  1. Which term refers to an individual’s personal belief about whether a decision, behavior, or action is right or wrong? A. values B. culture C. ethics D. norms
  2. Fruit juice suppliers in South America rely heavily on_________. A. elderly employees B. child labor C. female workers D. illegal immigrant workers
  3. According to the text, the primary ethics concerns surrounding BP related to_______. A. corruption B. child labor C. worker safety D. market price control
  4. Ethical beliefs are primarily_______ in nature. A. societal B. familial C. individual D. cultural
  5. Which of the following is LEAST influential on an individual’s ethics? A. family B. peers C. social trends D. religious beliefs
  1. Behavior that fails to conform to generally accepted social norms is considered_________. A. ethical B. unethical C. illegal D. unregulated
  2. When behavior conforms to generally accepted norms, it is referred to as________ behavior. A. ethical B. societal C. normal D. unethical
  3. According to the text, which of the following is NOT an ethical generalization? A. Individuals have their own belief system about what is ethical and unethical. B. People from the same cultural backgrounds usually have similar ethics. C. National values have little influence on an individual’s personal ethics. D. Circumstances cause individuals to deviate from their ethical beliefs.
  4. _________ are the things a person feels to be important. A. Value B. Ethics C. Norms D. Expectations
  5. Which of the following best explains why looting was uncommon in Japan after the country’s 2011 earthquake and tsunami? A. personal religious beliefs B. individual desires for survival C. pressures from law enforcement D. importance of group membership
  6. Mick has been padding his expense account on business trips. However, it seems fair to him because the company refuses to provide him with comp time despite long hours he works on these business trips. Which ethical generalization does this most likely illustrate? A. Individuals have their own personal belief system. B. Individuals are typically consistent with their beliefs. C. Individuals can rationalize behavior in various circumstances. D. Individuals from the same cultural contexts have similar beliefs.
  7. Three employees of Martin Enterprises have flown to China to meet a potential business partner. The three employees cannot agree about giving a gift to the potential partner. James, an American manager, believes that gift-giving is an ethical violation. Eun Hee, a South Korean manager, and Evan Lee, a Japanese

C. to avoid monetary crises from becoming global D. because it sets the price of a given currency

  1. The International monetary system provides a mechanism for__________. A. establishing global accounting standards B. enforcing the payment of importing tariffs and fees C. correcting imbalances between a country’s international payments and receipts D. increasing a country’s paper currency value in comparison to the global gold standard.
  2. The ___________ records international transactions. A. balance of payments accounting system B. international accounting standards C. gold standard procedure D. ISO 9000 system
  3. Which country was the first to adopt the gold standard? A. The United Kingdom B. Russia C. France D. Germany
  4. The _________ refers to an international monetary system in which countries agreed to buy or sell their paper currencies in exchange for gold on the request of any individual or firm and to allow the free export of gold. A. foreign exchange system B. free market system C. gold standard D. mercantilism
  5. The rising value of the Canadian dollar relative to the U.S dollar has all of the following effects EXCEPT that__________. A. Canadian exports to the U.S are down B. Canadian vacationers pay higher costs for to the U.S. C. Canadian Consumers pay lower prices for U.S. made goods D. Canadian retailers in border towns lose customers to U.S. stores
  6. What most likely happens when the price of yen falls? A. the quantity of yen demanded goes down B. the demand curve slopes downward C. the demand curve slopes upward D. the value of yen fluctuates