International Management Quiz

What's your International Management IQ? Take this short quiz
and find out how ready you are!

Of the ten largest IPOs in 2008, how many were non-U.S. companies?
1. 9 out of 10
2. 7 out of 10
3. 5 out of 10
4. 3 out of 10
Microfinance aims to extend financial services to low-income groups, including those in developing nations. Microcredit gives loans designed to encourage entrepreneurship. The Grameen Bank in Bangladesh, founded in 1983, is considered the leader of this innovation. Of Grameen Bank's 7.8 million borrowers, what percentage are women?
1. 34 percent
2. 50 percent
3. 77 percent
4. 97 percent
The BRIC countries are considered the most dominant among the world's emerging economies, and expected to experience rapid growth over the next 40 years. What does this acronym stand for?
1. Brazil, Russia, Indonesia, Chile
2. Bangladesh, Russia, Iran, China
3. Brazil, Russia, India, China
4. Bulgaria, Russia, Indonesia, Colombia
How many of the 27 member states of the European Union have adopted the euro (€) as their official currency?
1. all 27
2. 20
3. 16
4. 10
The Fortune Global 500 ranks the top corporations in the world according to revenue. On the 2008 list, Wal-Mart (U.S.) ranked #1. Which oil company was #2, reporting over $372 billion in revenue for the 2008 fiscal year?
1. BP (United Kingdom)
2. ExxonMobil (United States)
3. Royal Dutch Shell (Netherlands)
4. Chevron (United States)
The Organisation for Economic Co-operation and Development (OECD) is a group of 30 mostly high-income nations. The organization has written a set of guidelines for multinational corporations that covers ethical issues such as human rights, the environment, bribery, consumer interests, science and technology, information disclosure, and more. Where is the OECD's headquarters located?
1. London, England
2. Geneva, Switzerland
3. Brussels, Belgium
4. Paris, France
The Transnationality Index (TNI) was created by the United Nations Conference on Trade and Development, and used by politicians and economists. A company's TNI compares:
1. foreign assets to total assets
2. foreign employment to total employment
3. foreign sales to total sales
4. all of the above
Which three countries have received the most foreign direct investment stock, in descending order according to amount received in U.S. dollars?
1. United States, United Kingdom, Hong Kong
2. United States, Hong Kong, United Kingdom
3. China, United States, Hong Kong
4. United States, United Kingdom, France
What language is most often taught around the world as a second language, and is the official language of 53 countries?
1. German
2. French
3. English
4. Spanish
Fair trade is a growing movement that advocates sustainability and greater equity in international trade by guaranteeing the rights and economic self-sufficiency of producers and workers in developing nations. Sales of fair trade certified products totaled $3.62 billion in 2007, representing a 47 percent increase over the previous year. Which of the following is not true about the fair trade movement?
1. Goods such as coffee, bananas, and chocolate can be found with fairtrade certified labels, indicating that the product meets fair trade standards set by Fairtrade Labelling Organizations International (FLO).
2. Today, handicrafts such as jewelry, woven goods, and other decorative items make up a majority of fair trade goods sold.
3. Fair trade supports higher wages to workers, and fewer middlemen in the supply chain.
4. FLO estimates that 7.5 million people benefit directly from fair trade.

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