Question 1

Managers with a polycentric attitude would view every foreign operation as difficult and hard to understand.

Accepted Answer

A) True 
 B)False

Question 2

__________is a national culture attribute describing the extent to which societal values are characterized by assertiveness and materialism.

Accepted Answer

A)  Uncertainty avoidance 
B)  Power distance 
C)  Achievement orientation 
D)  Long- term orientation 
A)  Uncertainty avoidance 
B)  Power distance 
C)  Achievement orientation 
D)  Long- term orientation

Question 3

explain the differences among a multidomestic corporation, a global company, and a borderless organization. Include examples of companies for each of the types of organizations discussed.

Accepted Answer

a. A multidomestic corporation is a mult

Question 4

The North American Free Trade Agreement eliminated all of the following  except __________.

Accepted Answer

A)  China's role as a U.S. trading partner 
B)  the need for import licensing 
C)  tariffs on traded commodities 
D)  customs user fees 
A)  China's role as a U.S. trading partner 
B)  the need for import licensing 
C)  tariffs on traded commodities 
D)  customs user fees

Question 5

Software Entrepreneurial Venture (Scenario)
Talal and Jibran have formed an entrepreneurial venture to develop software for banks and other financial institutions. Their company is growing, but in looking for opportunities in the future, they decide to explore international operations.
-The international operations in their firm continue to grow. Talal and Jibran have come to see that decentralized management using foreign nationals to run operations in the host countries works well. Their firm has developed into a(n) __________organization.

Accepted Answer

A)  franchise 
B)  borderless 
C)  transnational 
D)  multidomestic 
A)  franchise 
B)  borderless 
C)  transnational 
D)  multidomestic

Question 6

Joint ventures are a type of __________.

Accepted Answer

A)  strategic alliance 
B)  license 
C)  foreign subsidiary 
D)  franchise 
A)  strategic alliance 
B)  license 
C)  foreign subsidiary 
D)  franchise

Question 7

The process of exporting involves acquiring products made abroad and selling them domestically.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following would most likely occur last in an organization's global evolution?

Accepted Answer

A)  creating a joint venture with suppliers around the globe 
B)  sending domestic employees on regular foreign business trips 
C)  cross- cultural training of the company's managers 
D)  hiring foreign brokers to represent the organization's product line 
A)  creating a joint venture with suppliers around the globe 
B)  sending domestic employees on regular foreign business trips 
C)  cross- cultural training of the company's managers 
D)  hiring foreign brokers to represent the organization's product line

Question 9

The GLOBE framework for assessing cultures is similar to Hofstede's framework, but measures fewer dimensions.

Accepted Answer

A) True 
 B)False

Question 10

From an economic standpoint, a threat to the global manager is ___________.

Accepted Answer

A)  widely fluctuating inflation rates in foreign countries 
B)  a stable exchange rate between currencies in various countries 
C)  marginal revenues exceeding marginal costs 
D)  all of the above 
A)  widely fluctuating inflation rates in foreign countries 
B)  a stable exchange rate between currencies in various countries 
C)  marginal revenues exceeding marginal costs 
D)  all of the above

Question 11

Transnational organizations are also known as__________.

Accepted Answer

A)  multidomestic organization 
B)  polycentric organizations 
C)  borderless organizations 
D)  ethnocentric organizations 
A)  multidomestic organization 
B)  polycentric organizations 
C)  borderless organizations 
D)  ethnocentric organizations

Question 12

__________present(s) the greatest risk to an organization going international.

Accepted Answer

A)  Joint ventures 
B)  Foreign subsidiaries 
C)  Strategic alliances 
D)  Licensing 
A)  Joint ventures 
B)  Foreign subsidiaries 
C)  Strategic alliances 
D)  Licensing

Question 13

Hofstede found that the Italian culture is well above average on uncertainty avoidance measures of culture.

Accepted Answer

A) True 
 B)False

Question 14

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 needed to learn about each country's values and the attitudes shared by its individuals. This would be learning about__________ .

Accepted Answer

A)  global culture 
B)  national culture 
C)  high- context culture 
D)  diverse culture 
A)  global culture 
B)  national culture 
C)  high- context culture 
D)  diverse culture

Question 15

Which of the following is usually found in the final stage of an organization's global evolution?

Accepted Answer

A)  cross- culturally training its managers 
B)  exporting its products to other countries 
C)  establishing strategic alliances with partners 
D)  licensing another firm to use its brand name 
A)  cross- culturally training its managers 
B)  exporting its products to other countries 
C)  establishing strategic alliances with partners 
D)  licensing another firm to use its brand name

Question 16

Norway is a member of the European Union.

Accepted Answer

A) True 
 B)False

Managers with a polycentric attitude would view every foreign operation as difficult and hard to understand.

__________is a national culture attribute describing the extent to which societal values are characterized by assertiveness and materialism.

explain the differences among a multidomestic corporation, a global company, and a borderless organization. Include examples of companies for each of the types of organizations discussed.

The North American Free Trade Agreement eliminated all of the following except __________.

Joint ventures are a type of __________.

The process of exporting involves acquiring products made abroad and selling them domestically.

Which of the following would most likely occur last in an organization's global evolution?

The GLOBE framework for assessing cultures is similar to Hofstede's framework, but measures fewer dimensions.

From an economic standpoint, a threat to the global manager is ___________.

Transnational organizations are also known as__________.

__________present(s) the greatest risk to an organization going international.

Hofstede found that the Italian culture is well above average on uncertainty avoidance measures of culture.

Which of the following is usually found in the final stage of an organization's global evolution?

Norway is a member of the European Union.

Introduction to Management and Organisations

Management History

Organisational Culture and Environment

Social Responsibility and Managerial Ethics

Managers As Decision-Makers

Foundations of Planning

Strategic Management

Organisational Structure and Design

Managing Human Resources

Managing Teams

Managing Change and Innovation

Understanding Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Introduction to Controlling

Managing Operations

Filters

Exam 4: Managing in a Global Environment

Managers with a polycentric attitude would view every foreign operation as difficult and hard to understand.

__________is a national culture attribute describing the extent to which societal values are characterized by assertiveness and materialism.

explain the differences among a multidomestic corporation, a global company, and a borderless organization. Include examples of companies for each of the types of organizations discussed.

The North American Free Trade Agreement eliminated all of the following except __________.

Joint ventures are a type of __________.

The process of exporting involves acquiring products made abroad and selling them domestically.

Which of the following would most likely occur last in an organization's global evolution?

The GLOBE framework for assessing cultures is similar to Hofstede's framework, but measures fewer dimensions.

From an economic standpoint, a threat to the global manager is ___________.

Transnational organizations are also known as__________.

__________present(s) the greatest risk to an organization going international.

Hofstede found that the Italian culture is well above average on uncertainty avoidance measures of culture.

Which of the following is usually found in the final stage of an organization's global evolution?

Norway is a member of the European Union.

Introduction to Management and Organisations

Management History

Organisational Culture and Environment

Social Responsibility and Managerial Ethics

Managers As Decision-Makers

Foundations of Planning

Strategic Management

Organisational Structure and Design

Managing Human Resources

Managing Teams

Managing Change and Innovation

Understanding Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Introduction to Controlling

Managing Operations

Filters