Question 1

Identify and briefly explain at least two key factors in economic,sociocultural and political-legal environments that affect an organization.

Accepted Answer

Please ref

Question 2

Whereby a company builds a subsidiary from scratch in a foreign country,is referred to as a(n)_____,and is the most risky type of direct investment.

Accepted Answer

The answer of Whereby a company builds a subsidiary from...

Question 3

Fifteen member states of the EU have adopted the rupee,as a single European currency.

Accepted Answer

A) True 
 B)False

Question 4

A low-context culture is a culture in which communication is used to enhance personal relationships.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A)  power culture 
B)  informational culture 
C)  high-context culture 
D)  mid-context culture 
E)  low-context culture 
A)  power culture 
B)  informational culture 
C)  high-context culture 
D)  mid-context culture 
E)  low-context culture

Question 6

_____ is a concept that proposes that corporations can take measures to alleviate the poverty and social ills of the world's poorest people.

Accepted Answer

A)  Cream of the crop 
B)  Skimming the barrel 
C)  Helping those at the bottom of the pyramid 
D)  Top of the peak 
E)  Base hierarchy 
A)  Cream of the crop 
B)  Skimming the barrel 
C)  Helping those at the bottom of the pyramid 
D)  Top of the peak 
E)  Base hierarchy

Question 7

According to the GLOBE Project,a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

Accepted Answer

A) True 
 B)False

Question 8

Collectivism means a preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests.

Accepted Answer

A) True 
 B)False

Question 9

A country's physical facilities that support economic activities make up its _____.

Accepted Answer

The answer of A country's physical facilities that support economic...

Question 10

The estimated 2010 misery index figures suggest significantly less misery for almost every country as compared to figures at the beginning of the century.

Accepted Answer

A) True 
 B)False

Question 11

Language,values,religion,education,culture all describe which dimension in the international business environment

Accepted Answer

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

Question 12

What is global outsourcing? Identify a unique variation of global outsourcing.

Accepted Answer

Global outsourcing is engaging

Question 13

Managers whose social values reflect low power distance:

Accepted Answer

A)  are highly democratic. 
B)  expect superiors to make all of the decisions. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these. 
A)  are highly democratic. 
B)  expect superiors to make all of the decisions. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these.

Question 14

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale

Accepted Answer

A)  Franchising 
B)  Licensing 
C)  Exporting 
D)  Greenfield venture 
E)  Joint venture 
A)  Franchising 
B)  Licensing 
C)  Exporting 
D)  Greenfield venture 
E)  Joint venture

Question 16

Which of the following characteristics distinguish a multinational corporation

Accepted Answer

A)  Top management would be expected to take a global perspective. 
B)  The corporation could be controlled by a single management authority in its home country. 
C)  It could be managed as an integrated worldwide business. 
D)  All of these 
E)  None of these. 
A)  Top management would be expected to take a global perspective. 
B)  The corporation could be controlled by a single management authority in its home country. 
C)  It could be managed as an integrated worldwide business. 
D)  All of these 
E)  None of these.

Question 17

The primary emphasis of polycentric companies is on their home countries.

Accepted Answer

A) True 
 B)False

Question 18

In countries where women are often in positions of high status,the GLOBE Project would describe that culture as low in _____.

Accepted Answer

A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  societal collectivism 
E)  performance orientation 
A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  societal collectivism 
E)  performance orientation

Question 19

A high-context interaction requires more time because a relationship has to be developed,and trust and friendship must be established.

Accepted Answer

A) True 
 B)False

Question 20

The legal-political environment in international business includes which of the following

Accepted Answer

A)  Shared knowledge,beliefs and values 
B)  Political risks 
C)  Social organizations 
D)  Infrastructure 
E)  None of these 
A)  Shared knowledge,beliefs and values 
B)  Political risks 
C)  Social organizations 
D)  Infrastructure 
E)  None of these

Identify and briefly explain at least two key factors in economic,sociocultural and political-legal environments that affect an organization.

Whereby a company builds a subsidiary from scratch in a foreign country,is referred to as a(n)_____,and is the most risky type of direct investment.

Fifteen member states of the EU have adopted the rupee,as a single European currency.

A low-context culture is a culture in which communication is used to enhance personal relationships.

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

_____ is a concept that proposes that corporations can take measures to alleviate the poverty and social ills of the world's poorest people.

According to the GLOBE Project,a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

Collectivism means a preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests.

A country's physical facilities that support economic activities make up its _____.

The estimated 2010 misery index figures suggest significantly less misery for almost every country as compared to figures at the beginning of the century.

Language,values,religion,education,culture all describe which dimension in the international business environment

What is global outsourcing? Identify a unique variation of global outsourcing.

Managers whose social values reflect low power distance:

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale

Which of the following characteristics distinguish a multinational corporation

The primary emphasis of polycentric companies is on their home countries.

In countries where women are often in positions of high status,the GLOBE Project would describe that culture as low in _____.

A high-context interaction requires more time because a relationship has to be developed,and trust and friendship must be established.

The legal-political environment in international business includes which of the following

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

Identify and briefly explain at least two key factors in economic,sociocultural and political-legal environments that affect an organization.

Whereby a company builds a subsidiary from scratch in a foreign country,is referred to as a(n)_____,and is the most risky type of direct investment.

Fifteen member states of the EU have adopted the rupee,as a single European currency.

A low-context culture is a culture in which communication is used to enhance personal relationships.

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

_____ is a concept that proposes that corporations can take measures to alleviate the poverty and social ills of the world's poorest people.

According to the GLOBE Project,a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

Collectivism means a preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests.

A country's physical facilities that support economic activities make up its _____.

The estimated 2010 misery index figures suggest significantly less misery for almost every country as compared to figures at the beginning of the century.

Language,values,religion,education,culture all describe which dimension in the international business environment

What is global outsourcing? Identify a unique variation of global outsourcing.

Managers whose social values reflect low power distance:

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale

Which of the following characteristics distinguish a multinational corporation

The primary emphasis of polycentric companies is on their home countries.

In countries where women are often in positions of high status,the GLOBE Project would describe that culture as low in _____.

A high-context interaction requires more time because a relationship has to be developed,and trust and friendship must be established.

The legal-political environment in international business includes which of the following

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