Exam 2: International Management and Cultural Diversity

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Today, most European businesses make French their official language so they can communicate easily with other Europeans.

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False

Expatriates who function better than others are emotionally stable, extraverted (outgoing), and open to new experiences.

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English is the official language of business because

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B

A network group is composed of employees throughout the company who affiliate on the basis of group characteristics such as race, ethnicity, gender, sexual orientation, or physical ability status.

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A good way to launch an global start-up is through importing goods from another country, and then selling them in your own country in physical stores as well as online.

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Diversity refers to

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A distinguishing feature of a multinational corporation is that it

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Describe how cultural diversity can give a firm a competitive advantage (or help the firm be more profitable.)

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A problem tied to global outsourcing is that American employers can offer low wages to domestic employees backed by the threat that their work could be sent offshore.

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A key characteristic of multicultural workers is that they

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An important function of the World Trade Organization is to settle trade disputes between two countries.

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You are attempting to sell a British customer a corporate jet. He tells you that your proposal "holds of bit of promise." At this point you probably

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A key feature of the global startup is that it

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The major purpose of the European Union (EU) is to turn member countries into

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The United States-Dominican Republic-Central American Free Trade Agreement (CAFTA) is a free-trade agreement between the United States and other countries in the Western Hemisphere.

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A major problem for the international business manager is

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The North American Free Trade Agreement (NAFTA) creates liberal trading relationships among

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A major success factor in building a business in another country is

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A major success factor in the global marketplace is for an American company to judge foreign job candidates based on U. S. perceptions and criteria.

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The trade deficit leads to job losses for many American workers and also result in many low-wage service jobs.

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