Question 1

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

Accepted Answer

polycentric companies

Question 2

Explain NAFTA.

Accepted Answer

Taking effect in early 1994, the North American Free Trade Agreement (NAFTA) united the U.S., Mexico, and Canada into a multi-trillion dollar market. Over a fifteen-year period, this agreement removes tariffs and trade restrictions on most manufactured and agricultural products. Potential advantages of NAFTA center on its expectations: it is expected to spur growth, increase exports, and create jobs in all three countries. Conversely, many U.S. groups have a number of reservations. These include job loss to Mexico and weakened pollution standards.

Question 3

When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent and trademark rights available to Nano Technologies, a Russian company whereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

Accepted Answer

A) True 
 B)False  False

Question 4

A foreign subsidiary over which an organization has complete control is called a:

Accepted Answer

A)  joint venture. 
B)  licensing agreement. 
C)  franchise. 
D)  wholly owned foreign affiliate. 
E)  foreign venture. 
A)  joint venture. 
B)  licensing agreement. 
C)  franchise. 
D)  wholly owned foreign affiliate. 
E)  foreign venture.

Question 5

_____ means that people have a tendency to regard their own culture as superior to other cultures.

Accepted Answer

The answer of _____ means that people have a tendency...

Question 6

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

Accepted Answer

political

Question 7

Stateless stage is also referred to as the _____ stage.

Accepted Answer

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

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

Collectivist values are represented in the social framework of which of these?

Accepted Answer

A)  The United States 
B)  Australia 
C)  Mexico 
D)  Great Britain 
E)  All of these 
A)  The United States 
B)  Australia 
C)  Mexico 
D)  Great Britain 
E)  All of these

Question 10

The global stage of corporate international development is also referred to as the stateless stage.

Accepted Answer

A) True 
 B)False

Question 11

____ generally are located in Asia, Africa and South America.

Accepted Answer

A)  MNCs 
B)  EUs 
C)  LDCs 
D)  WTOs 
E)  MFNs 
A)  MNCs 
B)  EUs 
C)  LDCs 
D)  WTOs 
E)  MFNs

Question 12

MNCs that are truly world-oriented and favor no specific country are considered _____.

Accepted Answer

geocentric

Question 13

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.

Accepted Answer

The answer of A nation's _____ includes the shared knowledge,...

Question 14

Language, values, religion, and education all describe which dimension in the international environment?

Accepted Answer

A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological 
A)  Economic 
B)  Legal 
C)  Political 
D)  Sociocultural 
E)  Technological

Question 15

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to _____.

Accepted Answer

The answer of A preference for a tightly knit social...

Question 16

Which of the following countries possesses a high performance orientation?

Accepted Answer

A)  Israel 
B)  Sweden 
C)  Taiwan 
D)  Russia 
E)  Venezuela 
A)  Israel 
B)  Sweden 
C)  Taiwan 
D)  Russia 
E)  Venezuela

Question 17

In countries where women are often in positions of high status, the Globe Project would describe that culture as low in _____.

Accepted Answer

A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  societal collectivism 
E)  performance orientation 
A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  societal collectivism 
E)  performance orientation

Question 18

Which of the following is a form of franchising?

Accepted Answer

A)  Direct investing 
B)  Licensing 
C)  Exporting 
D)  Countertrade 
E)  Barter trade 
A)  Direct investing 
B)  Licensing 
C)  Exporting 
D)  Countertrade 
E)  Barter trade

Question 19

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

Accepted Answer

A)  ethnocentrism. 
B)  polycentrism. 
C)  geocentrism 
D)  technocentrism. 
E)  none of these. 
A)  ethnocentrism. 
B)  polycentrism. 
C)  geocentrism 
D)  technocentrism. 
E)  none of these.

Question 20

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

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

Explain NAFTA.

When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent and trademark rights available to Nano Technologies, a Russian company whereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

A foreign subsidiary over which an organization has complete control is called a:

_____ means that people have a tendency to regard their own culture as superior to other cultures.

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

Stateless stage is also referred to as the _____ stage.

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

Collectivist values are represented in the social framework of which of these?

The global stage of corporate international development is also referred to as the stateless stage.

____ generally are located in Asia, Africa and South America.

MNCs that are truly world-oriented and favor no specific country are considered _____.

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.

Language, values, religion, and education all describe which dimension in the international environment?

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to _____.

Which of the following countries possesses a high performance orientation?

In countries where women are often in positions of high status, the Globe Project would describe that culture as low in _____.

Which of the following is a form of franchising?

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

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

Innovative Management for a Changing World

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Small Business Start Ups

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 4: Managing in a Global Environment

MNCs that are oriented toward the markets of individual foreign host countries are considered _____.

Explain NAFTA.

When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent and trademark rights available to Nano Technologies, a Russian company whereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

A foreign subsidiary over which an organization has complete control is called a:

_____ means that people have a tendency to regard their own culture as superior to other cultures.

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

Stateless stage is also referred to as the _____ stage.

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

Collectivist values are represented in the social framework of which of these?

The global stage of corporate international development is also referred to as the stateless stage.

____ generally are located in Asia, Africa and South America.

MNCs that are truly world-oriented and favor no specific country are considered _____.

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.

Language, values, religion, and education all describe which dimension in the international environment?

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to _____.

Which of the following countries possesses a high performance orientation?

In countries where women are often in positions of high status, the Globe Project would describe that culture as low in _____.

Which of the following is a form of franchising?

A cultural attitude marked by the tendency to regard one's own culture as superior to others is called:

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

Innovative Management for a Changing World

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Small Business Start Ups

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters