Question 1

No organization is insulated from the effects of foreign markets and competition.

Accepted Answer

A) True 
 B)False  True

Question 2

Which of the following is NOT a part of a nation's infrastructure?

Accepted Answer

A)  Its natural resources 
B)  Its highway system 
C)  Its airports 
D)  Its commercial distribution system 
E)  Its power plants 
A)  Its natural resources 
B)  Its highway system 
C)  Its airports 
D)  Its commercial distribution system 
E)  Its power plants A

Question 3

____ gives preference to domestic producers through content or price restrictions.

Accepted Answer

A)  A maquiladora 
B)  Nationalization 
C)  Privatization 
D)  Buy national legislation 
E)  A boycott 
A)  A maquiladora 
B)  Nationalization 
C)  Privatization 
D)  Buy national legislation 
E)  A boycott D

Question 4

Boeing sells planes to commercial airlines around the world. It has suppliers around the world too. The defense side of Boeing sells primarily to the federal government. It is a(n) ____ business.

Accepted Answer

A)  international 
B)  domestic 
C)  multinational 
D)  intercontinental 
E)  global 
A)  international 
B)  domestic 
C)  multinational 
D)  intercontinental 
E)  global

Question 5

Which of the following countries does NOT have a mature market economy?

Accepted Answer

A)  Germany 
B)  Korea 
C)  Sweden 
D)  Iran 
E)  Spain 
A)  Germany 
B)  Korea 
C)  Sweden 
D)  Iran 
E)  Spain

Question 6

People in the U.S., Canada, and the Netherlands tend to believe that the person comes first. This refers to Hofstede's ____ orientation.

Accepted Answer

A)  power 
B)  global 
C)  social 
D)  time 
E)  uncertainty 
A)  power 
B)  global 
C)  social 
D)  time 
E)  uncertainty

Question 7

The advantage of direct investing is

Accepted Answer

A)  access to materials and technology. 
B)  quick market entry. 
C)  enhanced control. 
D)  little risk. 
E)  small cash outlay. 
A)  access to materials and technology. 
B)  quick market entry. 
C)  enhanced control. 
D)  little risk. 
E)  small cash outlay.

Question 8

Dumping is selling items for more than fair market value.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is NOT a characteristic of a mature market economy?

Accepted Answer

A)  They employ market forces in the allocation of resources 
B)  Their GDP comes largely from oil revenue 
C)  They have mostly private ownership of property 
D)  U.S. managers have relatively few problems operating there 
E)  Markets in these economies are typically quite mature 
A)  They employ market forces in the allocation of resources 
B)  Their GDP comes largely from oil revenue 
C)  They have mostly private ownership of property 
D)  U.S. managers have relatively few problems operating there 
E)  Markets in these economies are typically quite mature

Question 10

MNC stands for ____________________.

Accepted Answer

multinatio

Question 11

Describe how planning, organizing, leading, and controlling change for managers in international organizations.

Accepted Answer

Planning, organizing, leading, and contr

Question 12

A manager concerned with time zone differences is worried about

Accepted Answer

A)  planning. 
B)  organizing. 
C)  decision making. 
D)  leading. 
E)  controlling. 
A)  planning. 
B)  organizing. 
C)  decision making. 
D)  leading. 
E)  controlling.

Question 13

In countries with higher levels of ____________________, many workers may prefer reward systems that link pay with the performance of individual employees.

Accepted Answer

The answer of In countries with higher levels of ____________________,...

Question 14

An advantage of ____________________ operations is that it is easier to enter markets with a small outlay of capital.

Accepted Answer

The answer of An advantage of ____________________ operations is that...

Question 15

The quickest way to enter most new markets is through ____________________.

Accepted Answer

The answer of The quickest way to enter most new...

Question 16

According to the text, which of the following is a factor of the political-legal environment for international managers?

Accepted Answer

A)  Infrastructure 
B)  The use of import quotas and tariffs 
C)  Natural resources 
D)  Language spoken 
E)  Religious beliefs 
A)  Infrastructure 
B)  The use of import quotas and tariffs 
C)  Natural resources 
D)  Language spoken 
E)  Religious beliefs

Question 17

The United States and Germany tend to have an intermediate ____________________ orientation.

Accepted Answer

The answer of The United States and Germany tend to...

Question 18

People in the United States, Israel, and Ireland are likely to question their supervisors. This is referred to as a(n)____ orientation.

Accepted Answer

A)  individualistic 
B)  power respect 
C)  aggressive goal behavior 
D)  power tolerant 
E)  collective 
A)  individualistic 
B)  power respect 
C)  aggressive goal behavior 
D)  power tolerant 
E)  collective

Question 19

People from which of the following countries are in the category of uncertainty acceptance?

Accepted Answer

A)  United States 
B)  Israel 
C)  Austria 
D)  Japan 
E)  Germany 
A)  United States 
B)  Israel 
C)  Austria 
D)  Japan 
E)  Germany

Question 20

The firm for which you work was recently acquired by a large multinational corporation. You were lucky that your job was spared, but your job responsibilities have changed greatly. Your new title is director of international marketing. What things must you now be concerned with that you did not think about when you were simply a regional marketing manager?

Accepted Answer

The answer of The firm for which you work was...

No organization is insulated from the effects of foreign markets and competition.

Which of the following is NOT a part of a nation's infrastructure?

____ gives preference to domestic producers through content or price restrictions.

Boeing sells planes to commercial airlines around the world. It has suppliers around the world too. The defense side of Boeing sells primarily to the federal government. It is a(n) ____ business.

Which of the following countries does NOT have a mature market economy?

People in the U.S., Canada, and the Netherlands tend to believe that the person comes first. This refers to Hofstede's ____ orientation.

The advantage of direct investing is

Dumping is selling items for more than fair market value.

Which of the following is NOT a characteristic of a mature market economy?

MNC stands for ____________________.

Describe how planning, organizing, leading, and controlling change for managers in international organizations.

A manager concerned with time zone differences is worried about

In countries with higher levels of ____________________, many workers may prefer reward systems that link pay with the performance of individual employees.

An advantage of ____________________ operations is that it is easier to enter markets with a small outlay of capital.

The quickest way to enter most new markets is through ____________________.

According to the text, which of the following is a factor of the political-legal environment for international managers?

The United States and Germany tend to have an intermediate ____________________ orientation.

People in the United States, Israel, and Ireland are likely to question their supervisors. This is referred to as a(n)____ orientation.

People from which of the following countries are in the category of uncertainty acceptance?

Managing and the Managers Job

Traditional and Contemporary Opportunitieschallenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Organization Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Process

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, Quality and Productivity

Filters

Exam 5: Navigating the Global Environment

No organization is insulated from the effects of foreign markets and competition.

Which of the following is NOT a part of a nation's infrastructure?

____ gives preference to domestic producers through content or price restrictions.

Boeing sells planes to commercial airlines around the world. It has suppliers around the world too. The defense side of Boeing sells primarily to the federal government. It is a(n) ____ business.

Which of the following countries does NOT have a mature market economy?

People in the U.S., Canada, and the Netherlands tend to believe that the person comes first. This refers to Hofstede's ____ orientation.

The advantage of direct investing is

Dumping is selling items for more than fair market value.

Which of the following is NOT a characteristic of a mature market economy?

MNC stands for ____________________.

Describe how planning, organizing, leading, and controlling change for managers in international organizations.

A manager concerned with time zone differences is worried about

In countries with higher levels of ____________________, many workers may prefer reward systems that link pay with the performance of individual employees.

An advantage of ____________________ operations is that it is easier to enter markets with a small outlay of capital.

The quickest way to enter most new markets is through ____________________.

According to the text, which of the following is a factor of the political-legal environment for international managers?

The United States and Germany tend to have an intermediate ____________________ orientation.

People in the United States, Israel, and Ireland are likely to question their supervisors. This is referred to as a(n)____ orientation.

People from which of the following countries are in the category of uncertainty acceptance?

Managing and the Managers Job

Traditional and Contemporary Opportunitieschallenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Organization Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Process

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, Quality and Productivity

Filters