Exam 5: Navigating the Global Environment

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When a local manager is given autonomy and responsibility in dealing with job design, he or she has freedom in global

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Under which management function do differences between domestic and international production quality standards fall?

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Which of the following is the least intense level of international business strategy?

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People in Pakistan and West Africa are more likely to want immediate gratification. This is an example of Hofstede's ____ orientation.

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Which of the following is an example of the cultural system in China?

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Geert Hofstede identified all of the following fundamental differences that can be used to characterize people in different cultures EXCEPT

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____ is the least risky type of international business in which firms usually become involved.

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How will you learn to operate in a global economy?

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Is bigger always better when it comes to globalization and organizational size?

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A(n) ____ strategy requires little initial investment, is heavily regulated, and provides little opportunity to modify products for local conditions.

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A set of countries that agree to significantly reduce or even eliminate ____________________ among member nations is referred to as an international economic community.

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During a recession, governments tend to increase ____ to help protect domestic producers by directly adding to the cost of foreign goods.

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Labor unions in the United States would like to see Congress pass domestic content laws that would require, for example, that all automobiles sold in the United States contain at least a specified percentage of parts that were manufactured in the United States. Such laws would fall under the heading of

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The cultural challenges of international management include

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A nation's cost of living is part of its

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Special Exercises
Brazil is the host of the 2016 Summer Olympics. The following statements describe current conditions in Brazil. Many companies see the event as a business opportunity.
Match the statement with the type of environmental challenge for international managers it describes.
German families are paid monthly by the government for each child, yet the birthrate remains low.
Cultural environment
Civil law concepts prevail over common law practices.
Political-legal environment
The government launched a $300 billion plan to improve roads, power plants, and ports.
Economic environment
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German families are paid monthly by the government for each child, yet the birthrate remains low.
Cultural environment
Civil law concepts prevail over common law practices.
Political-legal environment
The government launched a $300 billion plan to improve roads, power plants, and ports.
Economic environment
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Top executives at BBT Corporation set the strategic direction for the firm at corporate headquarters. BBT's local managers are then informed of these strategies and given complete freedom to implement them. Which of the following management functions best describes the freedom provided local managers?

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France has a relatively low level of government ownership among the market economies.

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____ economies are recognizable by their tendency to allow market forces to determine business strategies and to have private ownership of property.

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