Exam 4: Managing in the Global Environment

If a society values the group more than the individual, and believes that people should be judged by the quality of their contribution to the group instead of their individual achievement, then the society is said to value

In a task environment where there are few competitors, it is

Factors that make it difficult and costly for a company to compete in a particular task environment or industry are

When new competitors enter an industry, prices in the industry typically increase.

Today in most industrialized nations, as a consequence of falling birth and death rates, the absolute number of older people has increased substantially. This is an example of ________ change.

Marie-Reine manages an international supply chain. She is concerned because the company's revenues and profits have dipped recently. Some of the managers she supervises say that the problems have to do with the general environment in which the company operates, while others insist that the problems are related to the task environment. What step could Marie-Reine take to determine whether the general environment, the task environment, or both are at the root of the problem?

A tax that a government imposes on goods imported into the country is known as a(n)

A government imposes tariffs on imports to protect its industries and workers from inflation.

Companies from the nation of Moldavia are more efficient in the production of certain types of apparel, while companies from the United States are more efficient in the production of certain types of computers. Which economic theory predicts that capital would move to Moldavia to be invested there in the apparel industry and to the United States to be invested in its computer companies?

Susan's company sends her to "expat training" before her international posting. The training teaches the values, norms, knowledge, beliefs, moral principles, laws, customs, and other practices that unite the citizens of the country where she is going. These values, norms, beliefs, etc. are also known as

Norms that are central to the functioning of a society and whose violation brings serious retribution are known as

Cool Breeze Inc. manufactures ceiling fans in a small town. Which of these companies is a potential competitor to Cool Breeze?

The annual Expat Explorer Survey site by HSBC Bank International allows individuals to submit tips based on their expatriate experiences. Based on what you have read about this, which of these options is good advice for someone working in a foreign country?

Customers are the most important group in the success of any company. Discuss the various types of customers that exist for Dell Computer and discuss how Dell needs to respond differently to the needs of its different customer groups if it is to be successful.

Ifaneyi's company transfers him to the United States, where he finds that he is expected to be much more casual than he is used to in terms of what he wears and how he speaks to people. In the context of social norms, the customs and practices related to correct dress and social manners are known as

Adam says, "In my country, we put an emphasis on getting things done properly. We say, 'Fall seven times, get up eight.'" A society that emphasizes this attitude has

In a society, the unwritten rules of conduct that state how people should act in particular situations in that society are known as

Ingrid moves to a different country to manage IT employees. She discovers that this society has what she considers surprising ideas about what is bad, wrong, undesirable, or unattractive. These ideas are

Social structure is the traditional system of relationships established between ________ in a society.

A society has a common practice that men should remove their hats whenever they ride in elevators that are also carrying women. This is an example of which type of norm?