Question 1

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Accepted Answer

Ethnocentrism is a cultural attitude mar

Question 2

According to the GLOBE Project, a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

Accepted Answer

A) True 
 B)False

Question 3

_____ places an emphasis on a worldwide perspective.

Accepted Answer

A)  Polycentric companies 
B)  Geocentric companies 
C)  Ethnocentric companies 
D)  Regiocentric companies 
E)  Domestic companies 
A)  Polycentric companies 
B)  Geocentric companies 
C)  Ethnocentric companies 
D)  Regiocentric companies 
E)  Domestic companies

Question 4

Which of these reflects a cultural preference for cooperation, group decision making and quality of life?

Accepted Answer

A)  Individualism 
B)  Collectivism 
C)  Masculinity 
D)  Femininity 
E)  Power distance 
A)  Individualism 
B)  Collectivism 
C)  Masculinity 
D)  Femininity 
E)  Power distance

Question 5

Political risk is defined as an organization's risk of _____ because of adverse events and actions taken by host governments against it.

Accepted Answer

A)  Loss of assets 
B)  Losing managerial control 
C)  Reduced earning power 
D)  All of the above three choices 
E)  Gaining managerial control and earning power 
A)  Loss of assets 
B)  Losing managerial control 
C)  Reduced earning power 
D)  All of the above three choices 
E)  Gaining managerial control and earning power

Question 6

When Harbour Trades, a Korean-based company, makes resources including technology, managerial skills and patent and trademark rights available to Nano Technologies, a Russian company thereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

Accepted Answer

A) True 
 B)False

Question 7

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

Accepted Answer

The answer of A country's physical facilities that support economic...

Question 8

An alliance begun in 1957 to improve economic and social conditions among its members,
it has evolved into the 28-nation _____.

Accepted Answer

The answer of An alliance begun in 1957 to improve...

Question 9

Which of the following is a sociocultural factor in the international business environment?

Accepted Answer

A)  Language 
B)  Exchange rates 
C)  Tariffs, taxes, and quotas 
D)  Per capita income 
E)  Infrastructure 
A)  Language 
B)  Exchange rates 
C)  Tariffs, taxes, and quotas 
D)  Per capita income 
E)  Infrastructure

Question 10

Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale?

Accepted Answer

A)  Franchising 
B)  Licensing 
C)  Exporting 
D)  Greenfield venture 
E)  Joint venture 
A)  Franchising 
B)  Licensing 
C)  Exporting 
D)  Greenfield venture 
E)  Joint venture

Question 11

A company wants to build a new factory from scratch overseas. This is an example of:

Accepted Answer

A)  franchising. 
B)  greenfield venture. 
C)  joint venture. 
D)  exporting. 
E)  licensing. 
A)  franchising. 
B)  greenfield venture. 
C)  joint venture. 
D)  exporting. 
E)  licensing.

Question 12

In international business, the economic environment represents all of the following factors EXCEPT:

Accepted Answer

A)  infrastructure. 
B)  resource and product markets. 
C)  laws and regulations. 
D)  inflation. 
E)  exchange rates. 
A)  infrastructure. 
B)  resource and product markets. 
C)  laws and regulations. 
D)  inflation. 
E)  exchange rates.

Question 13

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioural responses.

Accepted Answer

A) True 
 B)False

Question 14

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Accepted Answer

A) True 
 B)False

Question 15

Language, values, religion, education, culture all describe which dimension in the international business environment?

Accepted Answer

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

Question 16

If a company was having difficulty distributing products by truck to customers because of a poor road system, the problem would be related to:

Accepted Answer

A)  an inadequate infrastructure. 
B)  an economy incapable of supporting growth. 
C)  a poor resource market. 
D)  a poor product market. 
E)  None of these. 
A)  an inadequate infrastructure. 
B)  an economy incapable of supporting growth. 
C)  a poor resource market. 
D)  a poor product market. 
E)  None of these.

Question 17

A tendency to regard their own culture as superior and to downgrade other cultures reflects an attitude called geocentric.

Accepted Answer

A) True 
 B)False

Question 18

In a(n) _____, people use communication primarily to exchange facts and information.

Accepted Answer

A)  power culture 
B)  informational culture 
C)  high-context culture 
D)  mid-context culture 
E)  low-context culture 
A)  power culture 
B)  informational culture 
C)  high-context culture 
D)  mid-context culture 
E)  low-context culture

Question 19

In a(n) _____, people use communication primarily to exchange facts and information.

Accepted Answer

The answer of In a(n) _____, people use communication primarily...

Question 20

Managers whose social values reflect low power distance:

Accepted Answer

A)  are highly democratic. 
B)  expect superiors to make all of the decisions. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  None of these. 
A)  are highly democratic. 
B)  expect superiors to make all of the decisions. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  None of these.

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

According to the GLOBE Project, a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

_____ places an emphasis on a worldwide perspective.

Which of these reflects a cultural preference for cooperation, group decision making and quality of life?

Political risk is defined as an organization's risk of _____ because of adverse events and actions taken by host governments against it.

When Harbour Trades, a Korean-based company, makes resources including technology, managerial skills and patent and trademark rights available to Nano Technologies, a Russian company thereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

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

An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 28-nation _____.

Which of the following is a sociocultural factor in the international business environment?

Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale?

A company wants to build a new factory from scratch overseas. This is an example of:

In international business, the economic environment represents all of the following factors EXCEPT:

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioural responses.

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Language, values, religion, education, culture all describe which dimension in the international business environment?

If a company was having difficulty distributing products by truck to customers because of a poor road system, the problem would be related to:

A tendency to regard their own culture as superior and to downgrade other cultures reflects an attitude called geocentric.

In a(n) _____, people use communication primarily to exchange facts and information.

In a(n) _____, people use communication primarily to exchange facts and information.

Managers whose social values reflect low power distance:

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

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

According to the GLOBE Project, a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

_____ places an emphasis on a worldwide perspective.

Which of these reflects a cultural preference for cooperation, group decision making and quality of life?

Political risk is defined as an organization's risk of _____ because of adverse events and actions taken by host governments against it.

When Harbour Trades, a Korean-based company, makes resources including technology, managerial skills and patent and trademark rights available to Nano Technologies, a Russian company thereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

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

An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 28-nation _____.

Which of the following is a sociocultural factor in the international business environment?

Which of the following is an entry strategy in which organizations maintain their production facilities within their home countries but ship their products to foreign markets for sale?

A company wants to build a new factory from scratch overseas. This is an example of:

In international business, the economic environment represents all of the following factors EXCEPT:

Cultural intelligence refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioural responses.

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Language, values, religion, education, culture all describe which dimension in the international business environment?

If a company was having difficulty distributing products by truck to customers because of a poor road system, the problem would be related to:

A tendency to regard their own culture as superior and to downgrade other cultures reflects an attitude called geocentric.

In a(n) _____, people use communication primarily to exchange facts and information.

In a(n) _____, people use communication primarily to exchange facts and information.

Managers whose social values reflect low power distance:

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