Exam 4: Managing in a Global Environment

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One of Hofstede's social values that was developed later is:

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Which of the following countries possesses a low degree of gender differentiation?

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An MNC is managed as an integrated worldwide business system.

(True/False)
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The basic management functions of planning, organizing, leading, and controlling are the same whether a company operates domestically or internationally.

(True/False)
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Companies that think _____ have a competitive edge.

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

(True/False)
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A.R.C. is a large non-profit humanitarian aid organization that has been forced to pull out of several African markets in recent years due to civil wars and large-scale violence. This demonstrates which frequently cited problem for international companies?

(Multiple Choice)
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A multinational corporation typically receives at least _____% of its total sales revenues from outside the parent's home country.

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

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The estimated 2010 misery index figures suggest significantly less misery for almost every country as compared to figures at the beginning of the century.

(True/False)
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Cultural factors in foreign countries are _____ the political and economic factors.

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Riots, revolutions, civil disorders, and frequent changes in government that affect the operations of an international company shows _____ in a country.

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_____ is normally used to classify countries as developed or developing.

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A preference for a loosely knit social framework in which individuals are expected to take care of themselves is called _____.

(Short Answer)
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Collectivism means a preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests.

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_____ refers to the degree to which people accept inequality in power among institutions, organizations, and people.

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Today's companies compete in a _____.

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All of the following are cultural dimensions as defined by the GLOBE Project, except _____.

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Which of the following companies place an emphasis on their home countries?

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A form of exporting to less-developed countries is called:

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