15. Multidomestic corporations reflect the ________.
(A) geocentric attitude
(B) xenophobic attitude
(C) ethnocentric attitude
(D) polycentric attitude

11. The World Trade Organization evolved from which of the following? (A) Marshall Plan (B) General Agreement on Tariffs and Trade (C) Mercosur (D) Truman Doctrine

12. The International Monetary Fund is an organization of ________ countries that promotes international monetary cooperation and provides member countries with policy advice, temporary loans, and technical assistance to establish and maintain financial stability and to strengthen economies. (A) 172 (B) 193 (C) 188 (D) 160

13. The forerunner of the Organization for Economic Cooperation and Development was the ________ that was formed in 1947 to administer American and Canadian aid under the Marshall Plan for the reconstruction of Europe after World War II. (A) Organization for European Investment (B) Organization for European Economic Cooperation (C) Organizational Council of Europe (D) Organization of European States

14. According to the text, which of the following is a typical definition of a multinational corporation? (A) It is a company that has multiple home bases and manufacturing plants. (B) It is a company that pays corporate taxes in at least two countries. (C) It is a company that maintains franchises in multiple countries. (D) It is a company that maintains operations in multiple countries.

16. Multidomestic corporations ________. (A) decentralize management and other decisions to the local country (B) maintain operations in multiple countries, but do not allow managers in each country to make their own decisions (C) attempt to replicate their domestic successes by managing foreign operations from the home country (D) reflect ethnocentric attitudes

17. Which of the following is the basic difference between multidomestic corporations and global companies? (A) Multidomestic corporations reflect an ethnocentric attitude, while global companies reflect a polycentric attitude. (B) Multidomestic corporations are run by global companies but must be owned by a local, national company. (C) Multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country. (D) Multidomestic corporations typically do business with more countries than global companies.

18. A global company reflects the ________. (A) polycentric attitude (B) geocentric attitude (C) ethnocentric attitude (D) regiocentric attitude

19. Transnational organizations are also known as ________. (A) borderless organizations (B) multidomestic organizations (C) polycentric organizations (D) ethnocentric organizations

20. An organization decides to go international. Which of the following steps should it take to do so with a minimal investment? (A) It should indulge in licensing. (B) It should indulge in global sourcing. (C) It should indulge in franchising. (D) It should indulge in forming strategic alliances.

21. When an organization acquires products made abroad and sells them domestically, it indulges in ________. (A) importing (B) licensing (C) global sourcing (D) franchising