Question 1

List the three components of cultural intelligence.

Accepted Answer

Physical,

Question 2

_____ refers to a value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.

Accepted Answer

A)  Power distance 
B)  Uncertainty avoidance 
C)  Certainty avoidance 
D)  Conformity seekers 
E)  None of these 
A)  Power distance 
B)  Uncertainty avoidance 
C)  Certainty avoidance 
D)  Conformity seekers 
E)  None of these

Question 3

The legal-political environment, in international operations, includes which of the following?

Accepted Answer

A)  Shared knowledge, beliefs and values 
B)  Political risks 
C)  Social organizations 
D)  Infrastructure 
E)  None of these 
A)  Shared knowledge, beliefs and values 
B)  Political risks 
C)  Social organizations 
D)  Infrastructure 
E)  None of these

Question 4

German, Swiss, and North American cultures are among the high-context cultures.

Accepted Answer

A) True 
 B)False

Question 5

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:

Accepted Answer

A)  product market. 
B)  resource market. 
C)  infrastructure. 
D)  economy. 
E)  power distance. 
A)  product market. 
B)  resource market. 
C)  infrastructure. 
D)  economy. 
E)  power distance.

Question 6

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

Accepted Answer

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

Question 7

Explain NAFTA.

Accepted Answer

Taking effect in early 1994, the North A

Question 8

A form of direct investment is franchising.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

Accepted Answer

A)  Franchising 
B)  Licensing 
C)  Market entry strategy 
D)  Outsourcing 
E)  Activity 
A)  Franchising 
B)  Licensing 
C)  Market entry strategy 
D)  Outsourcing 
E)  Activity

Question 10

One advantage to acquiring a wholly owned foreign affiliate is that the company that acquires it would then have complete control.

Accepted Answer

A) True 
 B)False

Question 11

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 12

Which of the following is NOT a legal-political factor in the international environment?

Accepted Answer

A)  Laws and regulations 
B)  Language 
C)  Tariffs, quotas, taxes 
D)  Political risk 
E)  Government takeovers 
A)  Laws and regulations 
B)  Language 
C)  Tariffs, quotas, taxes 
D)  Political risk 
E)  Government takeovers

Question 13

Scenario - Sharon Cannon
 Sharon Cannon was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all-expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be.
-If she should decide to take the job, she will be most successful in a foreign assignment if she has:

Accepted Answer

A)  culture shock. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism. 
A)  culture shock. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism.

Question 14

Culture shock refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

Accepted Answer

A) True 
 B)False

Question 15

_____ went into effect in early 1994, effectively creating a megamarket among the U.S., Canada, and Mexico.

Accepted Answer

The answer of _____ went into effect in early 1994,...

Question 16

When it comes to economic development, a currently developing country is also called a(n) _____.

Accepted Answer

less-devel

Question 17

The _____ is the single European currency that has replaced 12 national currencies.

Accepted Answer

The answer of The _____ is the single European currency...

Question 18

The _____ is a single European currency that replaced 12 national currencies and unify a huge marketplace.

Accepted Answer

A)  Mark 
B)  Franc 
C)  MFN 
D)  Euro 
E)  Pound 
A)  Mark 
B)  Franc 
C)  MFN 
D)  Euro 
E)  Pound

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is a sociocultural factor in the international 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

List the three components of cultural intelligence.

_____ refers to a value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.

The legal-political environment, in international operations, includes which of the following?

German, Swiss, and North American cultures are among the high-context cultures.

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:

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

Explain NAFTA.

A form of direct investment is franchising.

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

One advantage to acquiring a wholly owned foreign affiliate is that the company that acquires it would then have complete control.

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

Which of the following is NOT a legal-political factor in the international environment?

Culture shock refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

_____ went into effect in early 1994, effectively creating a megamarket among the U.S., Canada, and Mexico.

When it comes to economic development, a currently developing country is also called a(n) _____.

The _____ is the single European currency that has replaced 12 national currencies.

The _____ is a single European currency that replaced 12 national currencies and unify a huge marketplace.

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

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

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Start Ups and New Ventures

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resource

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 4: Managing in a Global Environment

List the three components of cultural intelligence.

_____ refers to a value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.

The legal-political environment, in international operations, includes which of the following?

German, Swiss, and North American cultures are among the high-context cultures.

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:

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

Explain NAFTA.

A form of direct investment is franchising.

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

One advantage to acquiring a wholly owned foreign affiliate is that the company that acquires it would then have complete control.

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

Which of the following is NOT a legal-political factor in the international environment?

Culture shock refers to a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses.

_____ went into effect in early 1994, effectively creating a megamarket among the U.S., Canada, and Mexico.

When it comes to economic development, a currently developing country is also called a(n) _____.

The _____ is the single European currency that has replaced 12 national currencies.

The _____ is a single European currency that replaced 12 national currencies and unify a huge marketplace.

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

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

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Start Ups and New Ventures

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resource

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters