Exam 4: Managing in a Global Environment

The frustration and anxiety that results from constantly being subjected to strange and unfamiliar cues about what to do and how to do it is called _________________________.

The rate at which one country's currency is exchanged for another country's currency is called a(n) __________ rate.

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

The degree to which people accept inequality in power among institutions, organizations, and people is called _________________________.

Linguistic pluralism occurs in countries like India where more than one language exist.

In international operations, the economic environment represents all of the following factors EXCEPT

When an organization has an instrumental attitude toward people it treats employees as a resource to be used.

List the four stages of globalization.

Engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country is referred to as

Although the challenge in unstable countries is great, often the biggest area of __________ is also there.

The primary tools GATT uses to increase trade are tariff enhancements, coercion, and most favored nation clause.

Wal-Mart is a well-established company with a global interest who is facing minimal challenges in developing a successful international business.