Exam 2: The Management Environment

The most powerful technological innovation to influence business in the past ten years has been

Briefly describe each of Toffler's three waves.

____________is the form of international business involvement in which a domestic and a foreign firm share the costs of developing new products or building production facilities in a foreign country.

Hofstede's research demonstrated that there are relatively few major differences in values between employees from different national cultures.

A(n)____________business transcends national boundaries and decentralizes decision making in each operation to the local level.

Which of the following statements most accurately describes the average age of the American workforce?

Application of Hofstede's Cultural Dimensions Kevin knew that it was likely his corporation was going to ask him to go abroad and manage the new chemical factory they were building. He was excited about the prospects but also apprehensive. He had never traveled before and, as far as he was concerned, there was only one way to do anything- the "American way." He decided some research was in order to at least get an idea about other countries. In his reading, he learned that some cultures place a high priority on a loose social framework, where they feel primarily responsible for themselves and their immediate family. He also learned that in some societies, employees show a great deal of respect for those in authority, and titles and rank carry much weight. Some countries have little job mobility and practice lifetime employment. He also learned that some countries are characterized by assertiveness and materialism. Now he wondered if there was any framework to help organize his thoughts. -What orientation describes a culture that is characterized by planning, investing in the future and delaying gratification?

According to the Globe Ratings of Leadership, the United States has high ratings on assertiveness.

The____________ view of ethics refers to a situation in which the individual is concerned with respecting and protecting individual liberties and privileges.

Application of Hofstede's Cultural Dimensions Kevin knew that it was likely his corporation was going to ask him to go abroad and manage the new chemical factory they were building. He was excited about the prospects but also apprehensive. He had never traveled before and, as far as he was concerned, there was only one way to do anything- the "American way." He decided some research was in order to at least get an idea about other countries. In his reading, he learned that some cultures place a high priority on a loose social framework, where they feel primarily responsible for themselves and their immediate family. He also learned that in some societies, employees show a great deal of respect for those in authority, and titles and rank carry much weight. Some countries have little job mobility and practice lifetime employment. He also learned that some countries are characterized by assertiveness and materialism. Now he wondered if there was any framework to help organize his thoughts. -In the Philippines, cock- fighting, bull fights, and other aggressive games are a national pastime; based on this observation, this culture would appear to be rated high on the____________ orientation.

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

Which of the following is not an argument against the assumption of social responsibility by business?

Application of Hofstede's Cultural Dimensions Kevin knew that it was likely his corporation was going to ask him to go abroad and manage the new chemical factory they were building. He was excited about the prospects but also apprehensive. He had never traveled before and, as far as he was concerned, there was only one way to do anything- the "American way." He decided some research was in order to at least get an idea about other countries. In his reading, he learned that some cultures place a high priority on a loose social framework, where they feel primarily responsible for themselves and their immediate family. He also learned that in some societies, employees show a great deal of respect for those in authority, and titles and rank carry much weight. Some countries have little job mobility and practice lifetime employment. He also learned that some countries are characterized by assertiveness and materialism. Now he wondered if there was any framework to help organize his thoughts. -The value dimension that Kevin did not consider is ____________.

In terms of the use of information technology, Type C organizations are____________ .

The emphasis in the United States is on ascribed status, in which status is often the result of factors such as seniority and education.

E- commerce is the full breath of activities included in a successful Internet- based business.

Technology has made it possible to enhance production processes by replacing

In order to be effective in a boundaryless world, managers need to focus on their own cultures, systems, and techniques.

Who runs operations in each country for a transnational corporation?

From the following choice of answers, choose the one that is not currently changing the way information is created, stored, used, or shared.