Exam 5: Managing in a Global Environment

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A nation's _____ includes the shared knowledge, beliefs and values, as well as the common modes of behaviour and ways of thinking, among members of a society.

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Whereby a company builds a subsidiary from scratch in a foreign country, is referred to as a(n) _____, and is the most risky type of direct investment.

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A company is considering forming an alliance with a foreign manufacturer to develop a new type of polymer that can be used for industrial applications. Such a partnership represents what type of direct investment?

(Multiple Choice)
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The least costly and least risky direct investment is called a greenfield venture.

(True/False)
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Which of the following characteristics distinguish a multinational corporation?

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Identify and briefly explain at least two key factors in economic, sociocultural and political-legal environments that affect an organization.

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_____ refers to the degree to which managers accept the inequality in authority among their supervisors and employees in their organizations.

(Multiple Choice)
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Which of the following refers to engaging in the international division of labour so as to obtain the cheapest sources of labour regardless of country?

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What does the gesture of scratching one's head usually mean?

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