Exam 4: Managing in a Global Environment

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

_____ is the criterion traditionally used to classify countries as developed or developing.

Color Copiers operates in a true global fashion, making sales and acquiring resources in whatever country offers the best opportunities and lowest cost. The company can be called a:

____ is the most widespread approach to international involvement in China and India.

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

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

A high-context interaction requires more time because a relationship has to be developed, and trust and friendship must be established.

The countries experiencing political stability face the greatest threat of violence.

The Digitec company has recently decided to design and manufacture a laptop that retails for under $50, in an effort to make information technology available to people in places like rural Africa and rural India. This is known as what type of strategy?

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

Which of these reflects a cultural preference for cooperation, group decision making, and quality of life?

Social values greatly influence organizational functioning and management styles.

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

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

With its large English-speaking population, _____ has numerous companies offering services such as call-center operations, data-processing, computer programming, and technical support.

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Which of the following pairs of alternatives closely resemble each other in the amount of ownership, control and risk obtained in operating international businesses?

Resource development, infrastructure, and exchange rates all describe which dimension in the international environment?

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

A form of direct investment is franchising.