Multiple choice questions
Political Risk -
1. Which of the following is NOT a political risk factor
(a) Competing philosophies
(b) Vested local business groups
(c) Social unrest and disorders
(d) Non-tariff barriers
2. ______________ refers to a foreign government's takeover of company goods, land, or other assets, WITH compensation that tends to fall short of their market value.
(a) Expropriation
(b) Confiscation
(c) Nationalization
(d) Retaliation
3. ____________ is an outright takeover of assets by a host government WITHOUT compensation.
(a) Expropriation
(b) Confiscation
(c) Nationalization
(d) Retaliation
4. Which of the following is a good company response for political risk:
(a) Centralized control at Head Quarters
(b) Employ expatriates in key managerial positions
(c) Emphasize foreign origins of the company
(d) Be a good corporate citizen
5. Which of the following product categories is LEAST likely to have political risk effects:
(a) Defense related items
(b) Drugs and Medicine
(c) Raw Materials such as steel, power
(d) Soaps and Toiletries
6. If a foreign country requires that at least 30% of the profit earned in the country should be reinvested in the country, it would be considered as
(a) Confiscation
(b) Loss of Transfer Freedom
(c) Expropriation
(d) Discriminatory Action
7. If a foreign country requires that at least 50% of the production should be subcontracted to local companies, it would be considered as
(a) Confiscation
(b) Loss of Transfer Freedom
(c) Expropriation
(d) Discriminatory Action
8. Which of the following countries would most likely to have "Political Risk" (vs. Uncertainty)?
(a) Norway
(b) Mexico
(c) Australia
(d) Singapore
9. Which of the following countries would most likely to have "Political Uncertainty" (vs. Risk) in the next TWO years?
(a) Norway
(b) Indonesia
(c) UK
(d) Nigeria
10. A multinational corporation like Disney can minimize political risk by doing which of the following?
(a) Charging lower prices
(b) Designing local language programs
(c) Corporate Advertising
(d) Using local distributors
Monetary Factors -
11. As the value of the Pound depreciates against the US Dollar which of the following is likely for Film Production in UK for Hollywood Studios?
(a) Become more expensive in UK
(b) Become less expensive in UK
(c) Will remain the same because inflation will increase
(d) The demand for U.S. production in UK will remain the same
12. Today, as the value of the US Dollar appreciates against the Japanese yen, which of the following is a likely for U.S. film exports to Japan:
(a) Become inexpensive in Japan.
(b) Become more expensive in Japan
(c) The demand for American products will increase in Japan
(d) The demand for U.S. exports will remain the same
Readings:
Turkey -
13. Turkish historical TV series based on Ottoman Empire such as "Magnificent Century" were successful beyond Turkey because which of the following reasons?
(a) More sexual content
(b) Religious Similarity
(c) Better quality of Production
(d) Similar to Hollywood mega productions
14. Turkish historical TV series such as "Magnificent Century" could generate much larger box office revenue by which of the following strategies?
(a) More sexual content
(b) Macro segmentation
(c) English subtitles
(d) Featuring on Netflix
15. Which of the following is the MOST CHALLENGING factor for producing films in Turkey for a US Entertainment company?
(a) Political Factors
(b) Legal Factors
(c) Language Barriers
(d) Religious Differences
Middle East -
16. Which of the following countries is NOT considered as part of the Arabic entertainment business?
(a) Egypt
(b) Turkey
(c) UAE
(d) Qatar
17. Which of the following countries is considered to be a dominant driver of the Arabic film industry?
(a) Egypt
(b) Yemen
(c) UAE
(d) Qatar
18. Rotana Media Group is planning to revitalize Arab movie industry by which of the following strategy?
(a) Targeting Global Audience
(b) Producing Action movies
(c) Large investment in mainstream movies
(d) Art movies in collaboration with Fox
19. Which of the following is major challenge for the growth of the Arab Film Industry?
(a) Lack of demand for local movies
(b) Arab Spring
(c) Competition from foreign movies
(d) Lack of a Pan-Arab platform for cooperation and festivals
20. The different dialects of Arabic across various countries in the Middle East is a majr deterrent to the development of Arab film industry. What is the best way to fix this problem?
(a) Organize a Pan-Arab Film Festival
(b) Develop a Pan-Arab Star system
(c) Provide Arabic sub-titles
(d) Customize the movie with country specific actors and themes
21. Even though a movie from Iran had won the "Best Foreign Film" Oscar, which of the following is the MAJOR BARRIER for US Entertainment companies to do business with Iran?
(a) Legal Factors
(b) Religious differences
(c) US Embargo
(d) Lack of Entertainment Infrastructure
South Asia -
22. Which of the following is the MOST important factor determining the bilateral import and export of movies between India and Pakistan?
(a) Political Factors
(b) Legal Factors
(c) Economic Potential
(d) Monetary Factors
23. Bollywood movies feature songs as a major part of their core benefit. The reason these songs are larger than life and in grand locales is because
(a) They are artistic
(b) Represent eh cultural norms
(c) Create consume engagement
(d) Ease of promoting the film
24. Which of the following macro segmentation variables is driving the expansion of Indian film distribution in the traditional markets in South Asian countries like Singapore, Malaysia, and Sri Lanka?
(a) Religion
(b) Professionals
(c) Upper Income segment
(d) Psychic Distance
25. The strategy of Indian Studios to globalize via digital platforms is to
(a) Create local distributors similar to China (eg., Sohu)
(b) Align with Netflix
(c) Platform agnostic and reach audience across platforms
(d) Create vertical integration of proprietary digital platforms
26. What is the major problem faced by Indian Distributors in targeting Non-Traditional markets?
(a) Tariff barriers
(b) lack of capital
(c) Different working styles
(d) Higher cost of distribution
Europe -
27. Which of the following countries DOES not have major support from the government for the film industry?
(a) France
(b) Spain
(c) Germany
(d) UK
28. Which of the following is NOT TRUE of the film industry in Spain?
(a) Produces English language only films
(b) Produces Spanish movies targeting Latin American countries
(c) Foreign films box office dominates the local box office
(d) Spain was isolated from global economy till 1997.
29. Most films produced in Spain are targeted to European audience because
(a) of geographical proximity to Europe
(b) Spanish producers were trained in France during General Franco's time
(c) Spain is part of European Union
(d) Lack of capital to produce films for global audience
30. Most films produced after a major historical change reflect the ongoing struggle to come to terms with the new order. Which of the following events influenced recent movies from Germany?
(a) Defeat of Germany in WWII
(b) Immigrant lives in Germany
(c) re-integration of Germany
(d) Economic Union of Germany with Europe
31. Most films produced after a major historical change reflect the ongoing struggle with the subsequent social change and healing. Which of the following changes influenced the Romanian film industry?
(a) Second World War
(b) Fall of Soviet Union
(c) Membership in European Union
(d) Overthrow of dictatorship
United Kingdom -
32. The major competitive advantage of UK over Spain in terms of attracting production from Hollywood studios is
(a) Skilled labor force
(b) Brexit
(c) Government support of the film industry
(d) Able to produce English language films
33. The major competitive advantage of Spain over United Kingdom in terms of attracting production from Hollywood studios is
(a) Skilled labor force
(b) Transfer freedom
(c) Access to a larger EU market with no tariffs
(d) Able to produce English language films
34. Which of the following factors that Mexico and UK have in common that would make them EQUALLY attractive for US film producers?
(a) English Language production
(b) Production expertise (skilled labor force)
(c) Monetary factors
(d) Psychic Distance
35. What does CEO of the British Film Commission believe to be the complete package in his industry?
(a) International coverage, talent, unlimited project funding
(b) Talent, skills, facilities, VFX expertise and competitive tax reliefs
(c) Government funding, strong pool of international talent
(d) Years of experience, high box office sales, soft censorship
Theater -
36. The major difference between the globalization of Theater and other forms of entertainment is
(a) Political Factors
(b) Human Rights issues
(c) Cross Border Human Resources policies
(d) Monetary Factors
Big Data -
37. What is one reason that Warcraft was so successful in China?
(a) The film featured a number of famous Chinese actors
(b) The movie highlighted a number of Chinese landmarks
(c) The theaters were able to target likely fans
(d) Chinese movie-goers are bigger fans of computer games
38. What information is harder to access for the Television industry?
(a) Big data
(b) Cast & Crew
(c) Filming and production budgets
(d) Cable programming
39. Big Data is most useful in the entertainment Industry in
(a) Identifying Trends
(b) Developing pricing strategy
(c) Creating Distribution Channel
(d) Targeting potential audience
40. Big Data based conclusions are currently most used in which of the following activities?
(a) Casting actors
(b) Producing films
(c) Developing promotion strategies
(d) Forecasting box office earnings globally
General -
41. Which of the following is the MOST important factor in exporting US Entertainment products to Germany?
(a) Political Factors
(b) Legal Factors
(c) Economic Potential
(d) Monetary Factors
42. The impact of Brexit for US Corporations like Disney who have significant revenues in UK will be felt most likely in which of the following?
(a) Higher Tariff barriers
(b) Increase in Taxes
(c) Repatriation of Profits to USA
(d) Increase in cost of production in UK
43. What is the typical attitude VR technology is currently met with in most markets?
(a) a threat to existing technologies
(b) a novelty
(c) a lucrative technology
(d) a cheaper alternative to TV/Cinema viewing experience
44. The CNC (centre national du cinéma et de l'image animée) is controlled by what group?
(a) French Ministry for the Economy and Finance
(b) Ministry of Public Works
(c) French Ministry of Culture
(d) Ministry of National Education
45. What is the primary cultural barrier when doing business in China today?
(a) Values and norms
(b) Difference in business culture and etiquette
(c) Types of society (individualism VS. collectivism)
(d) Language
46. Which example is not a potential source of risk for the NFL entering London?
(a) Uncertainty with regards to England's place in Europe
(b) Vested interests of local business groups
(c) Competing philosophies
(d) Potential social unrest and disorder
47. What is the term used to describe the increase in global popularity of Korean entertainment and popular culture?
(a) K-Popular
(b) Korean Wave
(c) K-Pop Wave
(d) Korean Popularity
48. Which of these economic factors is NOT a challenge to do business with India?
(a) Narrow yet growing middle class
(b) Low GDP yet growing GDP per capita
(c) Too large of a population
(d) Increase in competition among foreign investors in India
49. What would Buzzfeed's global orientation be in China?
(a) Geocentric
(b) Polycentric
(c) Ethnocentric
(d) Multicultural
50. Which of the following is a strength in expanding QQ Music from China to Singapore?
(a) Similar censorship laws
(b) A large older population
(c) An equal mix of rural and urban population
(d) High availability of Chinese phones in Singapore