Question 1

Which of the following is defined as a culture in which communication is used to enhance personal relationships?

Accepted Answer

A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture 
A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture

Question 2

The primary emphasis of polycentric companies is on their home countries.

Accepted Answer

A) True 
 B)False

Question 3

Large international firms typically are called multinational corporations.

Accepted Answer

A) True 
 B)False

Question 4

William has a high tolerance for the unstructured, the unclear and the unpredictable. He can best be described as having:

Accepted Answer

A)  high uncertainty avoidance. 
B)  low uncertainty avoidance. 
C)  high degree of individualism. 
D)  low degree of individualism. 
E)  low level of power distance. 
A)  high uncertainty avoidance. 
B)  low uncertainty avoidance. 
C)  high degree of individualism. 
D)  low degree of individualism. 
E)  low level of power distance.

Question 5

A multinational corporation typically receives more than 25 per cent of its total sales revenues from operations inside the parent's home country.

Accepted Answer

A) True 
 B)False

Question 6

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in _____.

Accepted Answer

The answer of A country that places emphasis on fairness...

Question 7

MNCs that are truly world-oriented and favour no specific country are considered _____.

Accepted Answer

geocentric

Question 8

People who value high power distances normally expect equality in power.

Accepted Answer

A) True 
 B)False

Question 9

_____ is a social measure used to classify countries as developed countries or emerging countries.

Accepted Answer

A)  Exchange rates 
B)  Interest rates 
C)  Gross national product 
D)  Per capita income 
E)  Inflation rates 
A)  Exchange rates 
B)  Interest rates 
C)  Gross national product 
D)  Per capita income 
E)  Inflation rates

Question 10

A _____ interaction requires more time and effort because relationships have to be developed, and trust and friendship should be established first.

Accepted Answer

A)  high-context 
B)  sales 
C)  business 
D)  low-context 
E)  personal 
A)  high-context 
B)  sales 
C)  business 
D)  low-context 
E)  personal

Question 11

A company's risk of loss of assets, of reduced earning power and of losing managerial control because of adverse events and actions taken by a host government is referred to as:

Accepted Answer

A)  GDP 
B)  Political risk. 
C)  Tariffs. 
D)  Duties. 
E)  Quotas. 
A)  GDP 
B)  Political risk. 
C)  Tariffs. 
D)  Duties. 
E)  Quotas.

Question 12

Direct investing means that the company is involved in managing the productive assets, which distinguishes it from other entry strategies that permit less managerial control.

Accepted Answer

A) True 
 B)False

Question 13

A company operates globally, making sales and acquiring resources in whichever state offers the best opportunities and lowest cost. The company can be called a:

Accepted Answer

A)  Stateless 
B)  Multinational 
C)  International 
D)  Domestic 
E)  Multidomestic 
A)  Stateless 
B)  Multinational 
C)  International 
D)  Domestic 
E)  Multidomestic

Question 14

Social values greatly influence organizational functioning and management styles.

Accepted Answer

A) True 
 B)False

Question 15

Describe GATT and the World Trade Organization.

Accepted Answer

GATT started as a set of rules to ensure

Question 16

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

Accepted Answer

A) True 
 B)False

Question 17

Many US managers fail to realize that the values and behaviours that typically govern how business is done in the United States do not translate to the rest of the world.

Accepted Answer

A) True 
 B)False

Question 18

A country's physical facilities that support economic activities make up its infrastructure.

Accepted Answer

A) True 
 B)False

Question 19

The goal of the European Union is to create a powerful single market system for Europe's millions of consumers.

Accepted Answer

A) True 
 B)False

Question 20

With its large English-speaking population, _____ has attracted many foreign companies offering services such as call-center operations, data-processing, computer programming and IT technical support.

Accepted Answer

A)  Greenland 
B)  Russia 
C)  China 
D)  Mexico 
E)  India 
A)  Greenland 
B)  Russia 
C)  China 
D)  Mexico 
E)  India

Which of the following is defined as a culture in which communication is used to enhance personal relationships?

The primary emphasis of polycentric companies is on their home countries.

Large international firms typically are called multinational corporations.

William has a high tolerance for the unstructured, the unclear and the unpredictable. He can best be described as having:

A multinational corporation typically receives more than 25 per cent of its total sales revenues from operations inside the parent's home country.

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in _____.

MNCs that are truly world-oriented and favour no specific country are considered _____.

People who value high power distances normally expect equality in power.

_____ is a social measure used to classify countries as developed countries or emerging countries.

A _____ interaction requires more time and effort because relationships have to be developed, and trust and friendship should be established first.

A company's risk of loss of assets, of reduced earning power and of losing managerial control because of adverse events and actions taken by a host government is referred to as:

Direct investing means that the company is involved in managing the productive assets, which distinguishes it from other entry strategies that permit less managerial control.

A company operates globally, making sales and acquiring resources in whichever state offers the best opportunities and lowest cost. The company can be called a:

Social values greatly influence organizational functioning and management styles.

Describe GATT and the World Trade Organization.

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

Many US managers fail to realize that the values and behaviours that typically govern how business is done in the United States do not translate to the rest of the world.

A country's physical facilities that support economic activities make up its infrastructure.

The goal of the European Union is to create a powerful single market system for Europe's millions of consumers.

With its large English-speaking population, _____ has attracted many foreign companies offering services such as call-center operations, data-processing, computer programming and IT technical support.

Introduction to Management

The Evolution of Management Thinking

The Organization and Corporate Culture

The Dynamics of Alternative Organizational Forms

Managing Ethics and Social Corporate Governance

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Managing Small Business Start-Ups

Managing Change and Innovation

Managing Corporate Diversity

Leadership

Managing Human Resources

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 5: Managing in a Global Environment

Which of the following is defined as a culture in which communication is used to enhance personal relationships?

The primary emphasis of polycentric companies is on their home countries.

Large international firms typically are called multinational corporations.

William has a high tolerance for the unstructured, the unclear and the unpredictable. He can best be described as having:

A multinational corporation typically receives more than 25 per cent of its total sales revenues from operations inside the parent's home country.

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in _____.

MNCs that are truly world-oriented and favour no specific country are considered _____.

People who value high power distances normally expect equality in power.

_____ is a social measure used to classify countries as developed countries or emerging countries.

A _____ interaction requires more time and effort because relationships have to be developed, and trust and friendship should be established first.

A company's risk of loss of assets, of reduced earning power and of losing managerial control because of adverse events and actions taken by a host government is referred to as:

Direct investing means that the company is involved in managing the productive assets, which distinguishes it from other entry strategies that permit less managerial control.

A company operates globally, making sales and acquiring resources in whichever state offers the best opportunities and lowest cost. The company can be called a:

Social values greatly influence organizational functioning and management styles.

Describe GATT and the World Trade Organization.

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

Many US managers fail to realize that the values and behaviours that typically govern how business is done in the United States do not translate to the rest of the world.

A country's physical facilities that support economic activities make up its infrastructure.

The goal of the European Union is to create a powerful single market system for Europe's millions of consumers.

With its large English-speaking population, _____ has attracted many foreign companies offering services such as call-center operations, data-processing, computer programming and IT technical support.

Introduction to Management

The Evolution of Management Thinking

The Organization and Corporate Culture

The Dynamics of Alternative Organizational Forms

Managing Ethics and Social Corporate Governance

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Managing Small Business Start-Ups

Managing Change and Innovation

Managing Corporate Diversity

Leadership

Managing Human Resources

Managing Communication

Leading Teams

Managing Quality and Performance

Filters