Exam 5: Managing in a Global Environment

When making foreign direct investments, companies that purchase insurance against the possible expropriation of their assets by host governments is an example of which sector of the international business environment?

_____ reflects the values of relationships, cooperation, group decision making and quality of life.

Seeking cheaper sources of materials or labour offshore is called offshoring.

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

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

When it comes to economic development, a currently developing country is also called a(n) _____.

For the past several years, global companies have invested in _____ more than in any other country in the world.

A company designs and manufactures £50 laptops in an effort to make information technology available to poor people in places like rural Africa and rural India. This is known as what type of strategy?

Which of the following organization has a goal to guide the nations of the world toward more free trade and open markets

The sub-divisions of the international environment are the economic, the sociocultural and the legal-political environments.

A company receives a substantial percentage of its total sales revenues from operations outside of its home country. The company would be considered a:

Which of these is a low-context culture?

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

If she should decide to take the job, she will be most successful in a foreign assignment if she has:

Recent research by the GLOBE project has extended _____ research and offered new insights for managers.

_____ means that people have a tendency to regard their own culture as superior to other cultures.

The extent to which trade and investments, information, social and cultural ideas and political cooperation flow between countries is called _____.

When GATT was created in 1947, how many nations signed on?

A preference for a loosely knit social framework in which individuals are expected to take care of themselves is called _____.

Briefly explain the difference between high power distance and low power distance.