Question 1

The British firm joining in the joint venture:

Accepted Answer

A)  faces lower risk than if it were using a wholly-owned foreign affiliate. 
B)  enjoys greater control than is it were using the wholly-owned affiliate. 
C)  can anticipate a lower cost than a company that uses global outscoring. 
D)  All of these. 
E)  None of these. 
A)  faces lower risk than if it were using a wholly-owned foreign affiliate. 
B)  enjoys greater control than is it were using the wholly-owned affiliate. 
C)  can anticipate a lower cost than a company that uses global outscoring. 
D)  All of these. 
E)  None of these.

Question 2

Access to natural resource, infrastructure, exchange rates all describe which dimension in the international environment?

Accepted Answer

A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological 
A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological

Question 3

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

Accepted Answer

A)  culture. 
B)  individualism. 
C)  ethnocentrism. 
D)  masculinity. 
E)  power distance. 
A)  culture. 
B)  individualism. 
C)  ethnocentrism. 
D)  masculinity. 
E)  power distance.

Question 4

Exporting, licensing and foreign direct investing are called _____ strategies because they represent ways to sell products and services in foreign markets.

Accepted Answer

A)  globalized 
B)  expansion 
C)  retrenchment 
D)  market entry 
E)  concentrated business 
A)  globalized 
B)  expansion 
C)  retrenchment 
D)  market entry 
E)  concentrated business

Question 5

A country's cultural preference is based on achievement, heroism, assertiveness, competition and material success. This would be considered:

Accepted Answer

A)  power distance. 
B)  individualism. 
C)  masculinity. 
D)  ethnocentrism. 
E)  collectivism. 
A)  power distance. 
B)  individualism. 
C)  masculinity. 
D)  ethnocentrism. 
E)  collectivism.

Question 6

In international operations, the economic environment includes:

Accepted Answer

A)  shared knowledge, beliefs and values. 
B)  political risks. 
C)  social organizations. 
D)  infrastructure. 
E)  tariffs, quotas, and taxes. 
A)  shared knowledge, beliefs and values. 
B)  political risks. 
C)  social organizations. 
D)  infrastructure. 
E)  tariffs, quotas, and taxes.

Question 7

A multinational corporation typically receives at least _____% of its total sales revenues from outside the parent's home country.

Accepted Answer

25
twenty-

Question 8

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

Accepted Answer

polycentri

Question 9

When a company builds a subsidiary from scratch in a foreign country it is called a greenfield venture.

Accepted Answer

A) True 
 B)False

Question 10

The degree to which people accept inequality in power among institutions, organizations and people is called _____.

Accepted Answer

The answer of The degree to which people accept inequality...

Question 11

The criterion traditionally used to classify countries as developed or developing is per capita income.

Accepted Answer

A) True 
 B)False

Question 12

The management of business conducted in more than one country is called:

Accepted Answer

A)  global management. 
B)  international business management. 
C)  outsourcing management. 
D)  planning management. 
E)  domestic management. 
A)  global management. 
B)  international business management. 
C)  outsourcing management. 
D)  planning management. 
E)  domestic management.

Question 13

A form of direct investment is franchising.

Accepted Answer

A) True 
 B)False

Question 14

Direct investing means that the company is involved in managing the productive assets in a foreign country. There are three options for direct investing. Name and compare these three options.

Accepted Answer

The three options are joint ventures, wh

Question 15

_____ is the management of business operations conducted in more than one country.

Accepted Answer

Internatio

Question 16

Business has become a unified, global field as trade barriers fall, communication becomes faster and cheaper and consumer tastes converge.

Accepted Answer

A) True 
 B)False

Question 17

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

Accepted Answer

A)  Ethnocentrism. 
B)  Polycentrism. 
C)  Geocentrism. 
D)  Technocentrism. 
E)  None of these. 
A)  Ethnocentrism. 
B)  Polycentrism. 
C)  Geocentrism. 
D)  Technocentrism. 
E)  None of these.

Question 18

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

Accepted Answer

A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  humane orientation 
E)  societal collectivism 
A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  humane orientation 
E)  societal collectivism

Question 19

According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

Accepted Answer

A) True 
 B)False

Question 20

An example of global outsourcing is seen when Gap, Inc uses low-cost Caribbean labour to cheaply produce its clothing, and then finishes off and sells its clothing in the United States.

Accepted Answer

A) True 
 B)False

The British firm joining in the joint venture:

Access to natural resource, infrastructure, exchange rates all describe which dimension in the international environment?

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

Exporting, licensing and foreign direct investing are called _____ strategies because they represent ways to sell products and services in foreign markets.

A country's cultural preference is based on achievement, heroism, assertiveness, competition and material success. This would be considered:

In international operations, the economic environment includes:

A multinational corporation typically receives at least _____% of its total sales revenues from outside the parent's home country.

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

When a company builds a subsidiary from scratch in a foreign country it is called a greenfield venture.

The degree to which people accept inequality in power among institutions, organizations and people is called _____.

The criterion traditionally used to classify countries as developed or developing is per capita income.

The management of business conducted in more than one country is called:

A form of direct investment is franchising.

Direct investing means that the company is involved in managing the productive assets in a foreign country. There are three options for direct investing. Name and compare these three options.

_____ is the management of business operations conducted in more than one country.

Business has become a unified, global field as trade barriers fall, communication becomes faster and cheaper and consumer tastes converge.

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

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

According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

An example of global outsourcing is seen when Gap, Inc uses low-cost Caribbean labour to cheaply produce its clothing, and then finishes off and sells its clothing in the United States.

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

The British firm joining in the joint venture:

Access to natural resource, infrastructure, exchange rates all describe which dimension in the international environment?

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

Exporting, licensing and foreign direct investing are called _____ strategies because they represent ways to sell products and services in foreign markets.

A country's cultural preference is based on achievement, heroism, assertiveness, competition and material success. This would be considered:

In international operations, the economic environment includes:

A multinational corporation typically receives at least _____% of its total sales revenues from outside the parent's home country.

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

When a company builds a subsidiary from scratch in a foreign country it is called a greenfield venture.

The degree to which people accept inequality in power among institutions, organizations and people is called _____.

The criterion traditionally used to classify countries as developed or developing is per capita income.

The management of business conducted in more than one country is called:

A form of direct investment is franchising.

Direct investing means that the company is involved in managing the productive assets in a foreign country. There are three options for direct investing. Name and compare these three options.

_____ is the management of business operations conducted in more than one country.

Business has become a unified, global field as trade barriers fall, communication becomes faster and cheaper and consumer tastes converge.

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

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

According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

An example of global outsourcing is seen when Gap, Inc uses low-cost Caribbean labour to cheaply produce its clothing, and then finishes off and sells its clothing in the United States.

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