Exam 4: Managing in a Global Environment

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 learned that generally, European cultures did not have high anxiety, nervousness, and stress. This meant they had low ________.

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country is called a ________.

Transnational organizations are focused on ________.

Cultural Training (Scenario) Jihan wants to expand her career opportunities in the international operations of a company. She is 19 years old and currently attends a university. She has only lived in her current country and has never traveled to foreign countries. -Jihan becomes involved with an international student association to give her experiences that will allow her to understand the views of students from other countries. She is trying to become more ________ in her attitude.

Cultural Training (Scenario) Jihan wants to expand her career opportunities in the international operations of a company. She is 19 years old and currently attends a university. She has only lived in her current country and has never traveled to foreign countries. -In talking with her advisor at the university, Jihan decides she probably has a(n) ________ attitude, as she has never traveled abroad and only relates well to people from her home country.

Foreign subsidiaries are usually managed ________.

Nepal belongs to which of the following regional trade alliances?

Mexico is an example of a collectivist nation.

Which of the following are most alike in terms of individualism, power distance, and uncertainty avoidance?

Ethnocentric views concentrate on their ________.

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

The Council of Arab Economic Unity was established in

Norway is a member of the European Union.

The North American Free Trade Agreement includes ________.

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

GAFTA refers to ________.

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.

A Foreign Alliance Talk (Scenario) As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on foreign trade. The chamber president even goes so far as to say "and be sure to include the EU, NAFTA, CAEU, GAFTA and all that stuff because we're afraid the economists are right all the good jobs will have to go elsewhere." As you pour over your notes, you try to choose the best information to present in the allotted half hour. -An important topic in your talk will be GAFTA. You want to explain that a key aim of the GAFTA agreement is to ________.

Research indicates that organizational culture has a stronger impact on employees than does national culture.

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