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MGMT 338 Final Exam

Final assessment on management theories and organizational behavior.

Isaac Ross
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MGMT 338Final ExamThe scale for the test and the final grade is 90% = A, 80% = B, 70% = C, 60% = D, below 60%is an F.Please create ananswer sheetto submit to the drop box. Good luck!SUPPORT YOUR ESSAY ANSWERSWITH REFERRENCESI.(30pts)Answereach True or FalseTF1.Translation risk can be hedged against by using the forward market forcurrencyexchange.TF2.Environmental scanninginvolves looking for changes in environmental forcesin theglobal marketplace.TF 3.The Total Product and the Physical Productmeanthe samething.TF 4.Transfer pricing is a form of intracorporate pricing that can be used to shift thetaxburden from onesubsidiaryto another.TF 5. A language trap, where a person can speaktwolanguages, occurs because thepersonrelies ontheir knowledge of a secondlanguagewithout seeking theassistance of a nativespeaker.TF 6.Even withthe development of the internet and the virtual capabilities it isstillimportantto make a personal visit to a potential marketbefore investingin the market.TF7. Market segmentscreening isbased on needsacross national borders.TF 8.National borders may no longer be the relative unit of analysis for a firm in developinga global market plan.TF 9.A disadvantage for companies that insist on less risky transactions, such as a letter ofcredit, is that they may be losing business to competitors who sell on open accounts.TF 10.An importerdelayspayment ofthe necessary currency exchangewhen she thinks hercurrency will devalue in terms of the foreign payment currency.TF 11.When using a money market hedge, the hedger will immediately convert thecurrency borrowed into its own currency.TF12.JIT systems are more efficient than synchronous manufacturing in all situations.TF13.The US hasadopted theInternational Financial Reporting Standards and theyarenow in effect in the US.TF14. A broad statement that defines the organization's purpose and scope is avalues statement.TF15.Most companies can enter a market in stages. The order listed in the textbook isestablishment of a foreign sales company, exporting, local assembly, and manufacturing.II. (78pts) Markthe best answer.

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Document Details

University
Columbia College
Course
MGMT 338
Subject
Business Management

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