Exam 4: Managing in a Global Environment

The World Trade Organization is centered around which of the following?

The reason that a nation's cultural differences are the most difficult to gain information about is because __________.

Transnational organizations are focused on __________.

An international company is most likely to develop foreign subsidiaries __________.

GLOBE stands for Global Leadership and Organizational Behavior Effectiveness.

A(n) __________attitude is the view that host- country managers know the best practices for running their operations.

Multinational corporations maintain significant operations in two or more countries simultaneously, but are based in one home country.

Business Expansion Plan (Scenario) As a business expansion director, Salma's goal is to scout out potential locations and basically provide input on how her company should proceed with its planned expansion into Europe. There are many options, including maintaining the businesses head office in Egypt and sending over company representatives when necessary or establishing separate operations facilities abroad and hiring locals as managers. -One section of Salma's company's business plan involves strategic alliances and joint ventures. This section is most likely focused on the phase of the __________company's global business expansion.

Multidomestic corporations are known for __________.

The primary motivation for the creation of the EU was to allow Europeans to reassert their position against the industrial strength of the United States and Japan.

A(n) __________attitude is characterized by parochialism.

__________is a cultural measure of the degree to which people will tolerate risk and unconventional behavior.

Business Expansion Plan (Scenario) As a business expansion director, Salma's goal is to scout out potential locations and basically provide input on how her company should proceed with its planned expansion into Europe. There are many options, including maintaining the businesses head office in Egypt and sending over company representatives when necessary or establishing separate operations facilities abroad and hiring locals as managers. -If Salma's company decides to open another company in France but maintain its management in Egypt, it would be considered a__________ .

A New Assignment (Scenario) Mariam was given a new assignment to head up the European division of a multinational organization. Before leaving her country to take up her new assignment she needed training to manage and understand the European division. -Mariam also needed to learn about regional trading alliances and the impact on her division. The alliance that had a direct impact on her division was__________

Which of the following is the least favorable attitude for a manager who wishes to be successful in international business?

A Foreign Alliance Talk (Scenario) As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on foreign trade. The chamber president even goes so far as to say "and be sure to include the EU, NAFTA, CAEU, GAFTA and all that stuff because we're afraid the economists are right -all the good jobs will have to go elsewhere." As you pour over your notes, you try to choose the best information to present in the allotted half hour. -Another hot topic will be NAFTA. One of the points that you emphasize is that __________.

In a short essay discuss the methods firms can use to enter new global markets.

How many member nations belong to the African Union (AU)?

Organizations in which of the following cultures are likely to have formal rules and little tolerance for unusual ideas and behaviors?

Which of the following countries is not a member of the European Union?