1. Expatriate managers generally receive differential compensation to make up for dramatic differences in _____.
currency valuations
lifestyle norms
standards of living
all of the above
2. Which of the following environmental factors tends to influence human resource management procedures in a host country?
culture
legal systems
economic development
all of the above
3. Which of the following is an advantage of franchising?
avoidance of tariffs
dependence on franchisee
possibility of creating future competitor
potential conflicts with franchisee
4. _____ are those that pull a firm into foreign markets as a result of opportunities available there.
Reactive motivations
Proactive motivations
Avoidance motivations
Attraction motivations
5. The _____ is a letter of credit that the bank may alter at any time and for any reason.
advised letter of credit
confirmed letter of credit
unconfirmed letter of credit
revocable letter of credit