Exam 4: Managing in a Global Environment

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According to Hofstede, Arabs tend to rank ________.

(Multiple Choice)
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An increased level of anxiety among its people characterizes a society with high uncertainty avoidance.

(True/False)
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In a short essay, describe how managers are affected by the global economic environment, highlighting four factors that affect management and explaining why each is important.

(Essay)
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A(n) ________ attitude is characterized by parochialism.

(Multiple Choice)
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In the later stages of doing business globally, if an organization is ready to make a more direct investment, it might utilize ________.

(Multiple Choice)
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A drawback of the geocentric perspective is that it is inflexible.

(True/False)
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In a strategic alliance, both partners share the risks and rewards of the alliance.

(True/False)
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________ is a national culture attribute describing the extent to which societal values are characterized by assertiveness and materialism.

(Multiple Choice)
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First Visit Abroad (Scenario) Bashir is excited about his first European business trip. He is confident about the trip, but is somewhat concerned about the strange habits and foreign languages he will encounter. "If only they would just speak Arabic like everyone else I know!" Bashir thinks. -If Bashir is to become successful as a global manager, he must ________.

(Multiple Choice)
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When an organization drops its structure based on countries and reorganizes according to industries, it is pursuing a global organizational operation known as ________.

(Multiple Choice)
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The process of exporting involves acquiring products made abroad and selling them domestically.

(True/False)
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Which of the following is a basic definition of a multinational corporation?

(Multiple Choice)
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The GLOBE framework for assessing cultures is similar to Hofstede's framework, but measures fewer dimensions.

(True/False)
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Business Expansion Plan (Scenario) As a business expansion director, Salma's goal is to scout out potential locations and basically provide input on how her company should proceed with its planned expansion into Europe. There are many options, including maintaining the businesses head office in Egypt and sending over company representatives when necessary or establishing separate operations facilities abroad and hiring locals as managers. -If Salma's company decides to open a completely new operation in the UK, tailoring the company to local customs and marketing strategies and hiring local managers, they would be considered a ________.

(Multiple Choice)
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According to the textbook, Americans most value ________, Arabs ________, and the Japanese ________.

(Multiple Choice)
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Managers with an ethnocentric attitude would not trust foreign employees with key decisions or technology.

(True/False)
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Which of the following is not a feature of a multidomestic corporation?

(Multiple Choice)
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An international company is most likely to develop foreign subsidiaries ________.

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Managers with a polycentric attitude would view every foreign operation as difficult and hard to understand.

(True/False)
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________ is a cultural dimension in which people expect others in their group to look after them and protect them when they are in trouble.

(Multiple Choice)
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