Exam 11: A Framework of Global Strategic Planning

A treaty of World Trade Organization (WTO) that entered into force in January 1995 as result of Uruguay Round negotiations is called ________________.

A company that owns businesses in several countries is called ________________.

___________ is an economy that is changing from a centrally planned economy to a market economy.

The American culture encourages individual achievement and results-orientation.

Corporations crossing national borders with innovative production techniques and market linkages will influence trade in terms of foreign exchange earnings.

An investment made by a company or entity based in one country into a company or entity based in another country is called ________________.

___________ is expected to be the most attractive sector for FDI investment.

The authors mentioned, "FDI can be seen as instrumental in human and material resource development, and trade development." Comment and elaborate.

Japanese and Arab cultures place more value on age and seniority compared to American culture.

Is it justified to assume that regional integration alone will increase the inflow of FDI to developed nations? Why? Why not?

Transnational corporations are considered as engines of growth due to all of the following reasons except ________________.

In your opinion, does Peter Drucker's theory of global strategic management support "universal localism"? Justify your answer with examples.

Characteristics of multicultural managers include all of the following except _______________.

A process adopted by multinational organizations to formulate effective global strategies after evaluating both internal and external environments is called ________________.

If TNCs target regions rather than individual countries as FDI sites, then national governments should form their FDI policies in regional context.

"Finishing a task in the shortest amount of time with the greatest possible profit" is primarily the cultural motto of _______________.

Monitoring change in the global environment and then adjusting internal operating processes to meet the challenges can lead to new products and markets.

The most attractive regions for FDI are China and the United States.

Which of the following business lines did Lenovo acquire in October 2014?

Greenfield investments are expected to be preferred more in developed countries rather than developing countries.