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Some examples from this set of practice questions
1.
Explain what FDIs are and name 2 examples of FDIs.
Answer: FDIs are investments made for the purpose of actively controlling property, assets, or companies. Examples include: investment in property, plants, equipment, participation in a join venture with a local partner
2.
Give the names of the four stances that a business can take on corporate social responsiblity
Answer: Obstructionist stance: Organizations usually do as little as possible to adress social or environmental problems, their typical response is to deny or avoid accepting responsibility when crossing the ethical or legal line that seperates acceptable from unacceptable. 2. Defensive stance: The organization will do everything that is required of it legally but nothing more. 3. Accommodative stance: An organization that adopts this stance, meet sits legal and ethical requirements but will also go beyond these requirements in selected cases. They will agree to participate in social programs, but they have to be convinced that the program is worthy of their support. 4. Proactive stance: Organizations that adopt this approach take to heart the agruments in favor of social responsibility, they proactively seek opportunities to contribute. (Ronald Mcdo houses)
3.
Of Hofstede\'s 5 dimensions, name 1 division and its two absolutes and explain how they work in a culture.
Answer: On one side: Individualism (The cultural belief that the person comes first) On the other hand: Collectivism (The belief that the group comes first)
4.
Explain what social mobility is.
Answer: The ability of individuals to move from one stratum of society to another
5.
Name 2 characteristics of culture
Answer: Learned behavior Interrelated elements ( the characteristics relate to each other) Adaptive (changes in response to external forces that affect the society) Shared
6.
What questions do you ask to establish an idea of the political risk a country has?
Answer: • Democracy or dictatorship? • Free market or government control? • Public or private sector customers? • Arbitrary change to policies or rule of law? • Stability of the existing government?
7.
Name examples of political risk
Answer: - Expropriation - Confiscation - Campaigns against foreign goods - Civil wars - Mandatory labor benefits legislation
8.
Name 3 political risks
Answer: -Ownership risk ¬- Operating risk ¬-Transfer risk
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