Exam 4: Managing in a Global Environment

____________________ reflects the values of relationships, cooperation, group decision making, and quality of life.

The Maquiladora industry along the Texas-Mexico border uses cheap labor for assembling products. This lowers the price for U.S. consumers and is an example of

Ethnocentrism refers to a natural tendency of people to regard their own culture as inferior to other cultures.

The most familiar nation clause, calls for each member country to grant to every other member country the most familiar treatment it accords to any country with respect to imports and exports.

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.

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

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

The primary emphasis of polycentric companies is on their home countries.

The countries experiencing political, ethnic, and religious stability face the greatest threat of violence.

According to the GLOBE Project, a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

An organization developed for the purpose of eliminating tariffs in trading between Canada and the United States is called The North American Freedom of Tariffs Administration (NAFTA).

When organization managers have a __________ attitude, they treat employees as resources to be used.

______________________________ was formed to improve social and economic conditions among its 15-nation alliance.

In countries with strong masculine social values including Austria and Japan, both men and women subscribe to the dominant masculine value.

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.

Austria's cultural preference is for achievement, heroism, assertiveness, and material success. This would be considered

Jessica's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Jessica's would be considered a

Identify and briefly explain at least two key factors in economic, sociocultural and political-legal environments that affect an organization.

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

With exporting, the corporation transfers its products for sale and its production facilities in foreign countries.