Question : 1) A firm that only does business domestically in stage : 1346408

1) A firm that only does business domestically is in stage ________ of internationalization.

A) 1

B) 2

C) 3

D) 4

2) Picture Perfect’s market is exclusively domestic. Its plant locations all lie within the boundaries of its own nation. This company is in stage ________ of international involvement.

A) 1

B) 2

C) 3

D) 4

3) A company is in the second stage of internationalization when:

A) the company moves some of its operations out of the home country.

B) the company has production and assembly facilities in several countries and is part of strategic alliances with other international companies.

C) the company’s operations are highly decentralized, there is little allegiance to the country of origin, and its managers see themselves as citizens of the world.

D) a firm expands into foreign markets but retains its production facilities in the home country.

4) When in stage ________ of internationalization, HRM practices should facilitate exporting the firm’s products through incentives, training, and staffing strategies that focus on the needs of international customers.

A) 1

B) 2

C) 3

D) 4

E) 5

5) The fourth stage of internationalization is marked by the company:

A) moving some of its operations out of the home country.

B) having production facilities in several countries of the world.

C) having highly decentralized operations and showing little allegiance to the country of origin.

D) expanding into foreign markets but retaining its production facilities in the home country.

6) Electra, Inc. is a company in an advanced stage of internationalization. It has little allegiance to its country of origin, decentralized operations, relatively independent business units, and weak ties to any given country. This company is most likely in stage ________ of international involvement.

A) 2

B) 3

C) 4

D) 5

7) For companies in stage ________ of the internationalization process, HRM practices must focus on the selection, training, and compensation of expatriate managers, as well as the development of policies for employees of foreign facilities.

A) 1

B) 2

C) 3

D) 5

8) Which term refers to employees who are citizens of one country that are living and working in another country?

A) Domestics

B) Expatriates

C) Transnationals

D) Host-country nationals

9) Which of the following best describes a multinational corporation?

A) ION Enterprises has assembly and production facilities in several countries and regions of the world.

B) Avery Shoes exports its products to several countries and regions around the world.

C) Wilton Paper is a highly decentralized firm that has operations in many countries and little allegiance to any country.

D) Formby Manufacturing is an international business consisting of a foreign branch owned partly by the home office and partly by an entity in the host country.

10) Which of the following best describes a transnational corporation?

A) A company that exports its products to several countries and regions of the world

B) An international business consisting of a foreign branch owned partly by the home office and partly by an entity in the host country

C) A firm with assembly and production facilities in several countries and regions of the world

D) A highly decentralized firm that has operations in many countries and owes very little allegiance to any country