Question 1

In international operations,the economic environment includes:

Accepted Answer

A)  shared knowledge,beliefs and values. 
B)  political risks. 
C)  social organizations. 
D)  infrastructure. 
E)  tariffs,quotas,and taxes. 
A)  shared knowledge,beliefs and values. 
B)  political risks. 
C)  social organizations. 
D)  infrastructure. 
E)  tariffs,quotas,and taxes.

Question 2

The criterion traditionally used to classify countries as developed or developing is per capita income.

Accepted Answer

A) True 
 B)False

Question 3

Which have been the two most attractive countries for global companies so far

Accepted Answer

A)  Russia and Japan 
B)  Sweden and Germany 
C)  China and India 
D)  Brazil and Philippines 
E)  Indonesia and Brazil 
A)  Russia and Japan 
B)  Sweden and Germany 
C)  China and India 
D)  Brazil and Philippines 
E)  Indonesia and Brazil

Question 4

Seeking cheaper sources of materials or labour offshore is called offshoring.

Accepted Answer

A) True 
 B)False

Question 5

List five of the countries that make up the European Union (EU).

Accepted Answer

Choose any five of the following: Austri

Question 6

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

Accepted Answer

polycentri

Question 7

The _____ is the single European currency that has replaced 19 national currencies.

Accepted Answer

The answer of The _____ is the single European currency...

Question 8

An industry uses cheap overseas labour for assembling products.This lowers the price for consumers and is an example of:

Accepted Answer

A)  licensing. 
B)  joint venture. 
C)  outsourcing. 
D)  franchising. 
E)  none of these. 
A)  licensing. 
B)  joint venture. 
C)  outsourcing. 
D)  franchising. 
E)  none of these.

Question 9

Companies that are forced to pull out of foreign markets because of civil wars and large-scale social unrest demonstrate which problem

Accepted Answer

A)  Political instability 
B)  Democratic governments 
C)  Economic stability 
D)  Political engagement 
E)  Financial risk 
A)  Political instability 
B)  Democratic governments 
C)  Economic stability 
D)  Political engagement 
E)  Financial risk

Question 10

Briefly explain the difference between high power distance and low power distance.

Accepted Answer

Power distance is the degree to which pe

Question 11

According to the GLOBE Value Dimensions,Japan and Russia both have very high performance orientation.

Accepted Answer

A) True 
 B)False

Question 12

_____ means that people have a tendency to regard their own culture as superior to other cultures.

Accepted Answer

The answer of _____ means that people have a tendency...

Question 13

Access to natural resource,infrastructure,exchange rates all describe which dimension in the international environment

Accepted Answer

A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological 
A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological

Question 14

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Accepted Answer

Ethnocentrism is a cultural attitude mar

Question 15

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

Accepted Answer

A) True 
 B)False

Question 16

In a(n)_____,people use communication primarily to exchange facts and information.

Accepted Answer

The answer of In a(n)_____,people use communication primarily to exchange...

Question 17

Which of the following is defined as a culture in which communication is used to enhance personal relationships

Accepted Answer

A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture 
A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture

Question 18

A company wants to reduce shipping costs by producing goods closer to their customers in foreign countries.This strategy would reduce transportation costs and storage costs.The company is engaging in which strategy

Accepted Answer

A)  Franchising 
B)  Exporting 
C)  Foreign direct investment 
D)  Barter agreement 
E)  Licensing 
A)  Franchising 
B)  Exporting 
C)  Foreign direct investment 
D)  Barter agreement 
E)  Licensing

Question 19

List three examples of a country's infrastructure.

Accepted Answer

Transportation facilities such

Question 20

Which of the following types of managers place a major emphasis on the values and traditions of their home countries

Accepted Answer

A)  Polycentric 
B)  Geocentric 
C)  Ethnocentric 
D)  Global 
E)  Regiocentric 
A)  Polycentric 
B)  Geocentric 
C)  Ethnocentric 
D)  Global 
E)  Regiocentric

In international operations,the economic environment includes:

The criterion traditionally used to classify countries as developed or developing is per capita income.

Which have been the two most attractive countries for global companies so far

Seeking cheaper sources of materials or labour offshore is called offshoring.

List five of the countries that make up the European Union (EU).

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

The _____ is the single European currency that has replaced 19 national currencies.

An industry uses cheap overseas labour for assembling products.This lowers the price for consumers and is an example of:

Companies that are forced to pull out of foreign markets because of civil wars and large-scale social unrest demonstrate which problem

Briefly explain the difference between high power distance and low power distance.

According to the GLOBE Value Dimensions,Japan and Russia both have very high performance orientation.

_____ means that people have a tendency to regard their own culture as superior to other cultures.

Access to natural resource,infrastructure,exchange rates all describe which dimension in the international environment

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

In a(n)_____,people use communication primarily to exchange facts and information.

Which of the following is defined as a culture in which communication is used to enhance personal relationships

A company wants to reduce shipping costs by producing goods closer to their customers in foreign countries.This strategy would reduce transportation costs and storage costs.The company is engaging in which strategy

List three examples of a country's infrastructure.

Which of the following types of managers place a major emphasis on the values and traditions of their home countries

Introduction to Management

The Evolution of Management Thinking

The Organization and Corporate Culture

The Dynamics of Alternative Organizational Forms

Managing Ethics and Social Corporate Governance

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Managing Small Business Start-Ups

Managing Change and Innovation

Managing Corporate Diversity

Leadership

Managing Human Resources

Managing Communication

Leading Teams

Filters

Exam 5: Managing in a Global Environment

In international operations,the economic environment includes:

The criterion traditionally used to classify countries as developed or developing is per capita income.

Which have been the two most attractive countries for global companies so far

Seeking cheaper sources of materials or labour offshore is called offshoring.

List five of the countries that make up the European Union (EU).

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

The _____ is the single European currency that has replaced 19 national currencies.

An industry uses cheap overseas labour for assembling products.This lowers the price for consumers and is an example of:

Companies that are forced to pull out of foreign markets because of civil wars and large-scale social unrest demonstrate which problem

Briefly explain the difference between high power distance and low power distance.

According to the GLOBE Value Dimensions,Japan and Russia both have very high performance orientation.

_____ means that people have a tendency to regard their own culture as superior to other cultures.

Access to natural resource,infrastructure,exchange rates all describe which dimension in the international environment

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

In a(n)_____,people use communication primarily to exchange facts and information.

Which of the following is defined as a culture in which communication is used to enhance personal relationships

A company wants to reduce shipping costs by producing goods closer to their customers in foreign countries.This strategy would reduce transportation costs and storage costs.The company is engaging in which strategy

List three examples of a country's infrastructure.

Which of the following types of managers place a major emphasis on the values and traditions of their home countries

Introduction to Management

The Evolution of Management Thinking

The Organization and Corporate Culture

The Dynamics of Alternative Organizational Forms

Managing Ethics and Social Corporate Governance

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Managing Small Business Start-Ups

Managing Change and Innovation

Managing Corporate Diversity

Leadership

Managing Human Resources

Managing Communication

Leading Teams

Filters