Question 1

The criterion traditionally used to classify countries as developed or developing is per capita income.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is a sociocultural factor in the international environment?

Accepted Answer

A)  Language 
B)  Exchange rates 
C)  Tariffs, taxes, and quotas 
D)  Per capita income 
E)  Infrastructure 
A)  Language 
B)  Exchange rates 
C)  Tariffs, taxes, and quotas 
D)  Per capita income 
E)  Infrastructure

Question 3

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:

Accepted Answer

A)  product market. 
B)  resource market. 
C)  infrastructure. 
D)  economy. 
E)  power distance. 
A)  product market. 
B)  resource market. 
C)  infrastructure. 
D)  economy. 
E)  power distance.

Question 4

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

Accepted Answer

A) True 
 B)False

Question 5

How many nations signed on for negotiation when GATT was created in 1947?

Accepted Answer

A)  15 
B)  23 
C)  28 
D)  40 
E)  57 
A)  15 
B)  23 
C)  28 
D)  40 
E)  57

Question 6

A high humane orientation means that a society encourages toughness, assertiveness, and competitiveness.

Accepted Answer

A) True 
 B)False

Question 7

When it comes to economic development, a currently developing country is also called a(n) _____.

Accepted Answer

less-devel

Question 8

Organizations whose social values reflect low power distance:

Accepted Answer

A)  are highly democratic. 
B)  expect superiors to make all of the decisions.. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these. 
A)  are highly democratic. 
B)  expect superiors to make all of the decisions.. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these.

Question 9

A low-context culture is a culture in which communication is used to enhance personal relationships.

Accepted Answer

A) True 
 B)False

Question 10

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

Accepted Answer

A)  China 
B)  Brazil 
C)  Italy 
D)  South Korea 
E)  Denmark 
A)  China 
B)  Brazil 
C)  Italy 
D)  South Korea 
E)  Denmark

Question 11

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

Accepted Answer

A)  culture. 
B)  individualism. 
C)  ethnocentrism. 
D)  masculinity. 
E)  power distance. 
A)  culture. 
B)  individualism. 
C)  ethnocentrism. 
D)  masculinity. 
E)  power distance.

Question 12

_____ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

Accepted Answer

A)  Cream of the crop 
B)  Skimming the barrel 
C)  Bottom of the pyramid 
D)  Top of the peak 
E)  Base hierarchy 
A)  Cream of the crop 
B)  Skimming the barrel 
C)  Bottom of the pyramid 
D)  Top of the peak 
E)  Base hierarchy

Question 13

CASE
Scenario - Sharon Cannon
Sharon Cannon was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all-expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be.
-If she should decide to take the job, she will be most successful in a foreign assignment if she has:

Accepted Answer

A)  culture shock. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism. 
A)  culture shock. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism.

Question 14

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Accepted Answer

Ethnocentrism is a cultural attitude mar

Question 15

Which of the following countries possesses a high degree of assertiveness?

Accepted Answer

A)  Spain 
B)  Sweden 
C)  Japan 
D)  Iceland 
E)  Switzerland 
A)  Spain 
B)  Sweden 
C)  Japan 
D)  Iceland 
E)  Switzerland

Question 16

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

Accepted Answer

A)  resource markets 
B)  infrastructure 
C)  physical markets 
D)  product markets 
E)  plants and equipment 
A)  resource markets 
B)  infrastructure 
C)  physical markets 
D)  product markets 
E)  plants and equipment

Question 17

Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market. Your firm is willing to supply the equipment, products, product ingredients, trademark, and standardized operating system to entrepreneurs. What type of strategy are you going to use?

Accepted Answer

A)  Wholly owned foreign affiliate 
B)  A greenfield venture agreement 
C)  A franchise 
D)  An export agreement 
E)  Barter trade 
A)  Wholly owned foreign affiliate 
B)  A greenfield venture agreement 
C)  A franchise 
D)  An export agreement 
E)  Barter trade

Question 18

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

Accepted Answer

A)  Franchising 
B)  Licensing 
C)  Market entry strategy 
D)  Outsourcing 
E)  Activity 
A)  Franchising 
B)  Licensing 
C)  Market entry strategy 
D)  Outsourcing 
E)  Activity

Question 19

An MNC is managed as an integrated worldwide business system.

Accepted Answer

A) True 
 B)False

Question 20

Rooftop International, Inc. buys insurance against host government takeover when investing in foreign countries. This is an example of which sector of the international environment?

Accepted Answer

A)  Legal-political 
B)  Sociocultural 
C)  Technological 
D)  Economic 
E)  Infrastructure 
A)  Legal-political 
B)  Sociocultural 
C)  Technological 
D)  Economic 
E)  Infrastructure

The criterion traditionally used to classify countries as developed or developing is per capita income.

Which of the following is a sociocultural factor in the international environment?

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

How many nations signed on for negotiation when GATT was created in 1947?

A high humane orientation means that a society encourages toughness, assertiveness, and competitiveness.

When it comes to economic development, a currently developing country is also called a(n) _____.

Organizations whose social values reflect low power distance:

A low-context culture is a culture in which communication is used to enhance personal relationships.

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

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

_____ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Which of the following countries possesses a high degree of assertiveness?

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

Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market. Your firm is willing to supply the equipment, products, product ingredients, trademark, and standardized operating system to entrepreneurs. What type of strategy are you going to use?

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

An MNC is managed as an integrated worldwide business system.

Rooftop International, Inc. buys insurance against host government takeover when investing in foreign countries. This is an example of which sector of the international environment?

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

The criterion traditionally used to classify countries as developed or developing is per capita income.

Which of the following is a sociocultural factor in the international environment?

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce. This is a problem with India's:

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

How many nations signed on for negotiation when GATT was created in 1947?

A high humane orientation means that a society encourages toughness, assertiveness, and competitiveness.

When it comes to economic development, a currently developing country is also called a(n) _____.

Organizations whose social values reflect low power distance:

A low-context culture is a culture in which communication is used to enhance personal relationships.

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

A value that reflects a loosely knit social framework in which individuals are expected to take care of themselves is called:

_____ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Which of the following countries possesses a high degree of assertiveness?

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

Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market. Your firm is willing to supply the equipment, products, product ingredients, trademark, and standardized operating system to entrepreneurs. What type of strategy are you going to use?

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

An MNC is managed as an integrated worldwide business system.

Rooftop International, Inc. buys insurance against host government takeover when investing in foreign countries. This is an example of which sector of the international environment?

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