Exam 4: Managing in a Global Environment

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

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

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Today's companies compete in a _____.

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

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Recent research by the GLOBE project has extended _____ research and offered new insights for managers.

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Jana has a high tolerance for the unstructured, the unclear, and the unpredictable. She can best be described as having:

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

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The extent to which trade and investments, information, social and cultural ideas, and political cooperation flow between countries is called _____.

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As a first step into international business, which two countries are most companies going to today?

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Market risk is defined as the risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments.

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The risk of loss due to actions by host country governments is known as _____.

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

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

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_____ is the management of business operations conducted in more than one country.

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_____ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.

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The goal of the European Union is to create a powerful single market system for Europe's millions of consumers.

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An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 27-nation _____.

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

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All of the following are considered emerging economies EXCEPT _____.

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A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in _____.

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