Exam 4: Assessing the Environment

By 2012, about 23 million baby boomers will retire.

Dollars needed to finance equipment is an example of the capital requirements for an industry.

In Canada, employees rank high on individualism. These employees are likely to favor a competitive market-based economic system.

The dominant pattern of living and believing that is developed and transmitted by people is __________.

IBM has teamed up with Motorola and Toshiba to improve its semiconductor manufacturing ability to make superdense chips. These companies are utilizing the __________ strategy.

AARP was a driving force for the 1997 Balanced Budget Act, which ensures that Medicare will be solvent through 2027.

To ensure that the Social Security system is properly funded, AARP has pressured Congress to make adjustments in contribution rates and in annual cost of adjustments. AARP is following the ____________ strategy.

The number of managers and workers taking assignments in countries other than their own is rapidly increasing.

Which of the following is not one of the key principles of long-term/short-term orientation?

In order to introduce the Chinese to Mickey Mouse, Disney sent performers out to children in the local Guangdong province to tell stories using Disney characters.

Under what circumstances is customer bargaining power likely to be great?

________________ refers to a tight social framework in which group members focus on the common welfare and feel strong loyalty toward one another.

Technology is the knowledge, tools, techniques and actions used to transform ideas, information, and materials into finished goods and services.

_________ is a company that serves more than 100 companies by combining the intelligence of human investigators and its own software to reconstruct the context that is vital to making sense of cryptic communications.

Economies of scale are uniqueness in quality, price, design, brand image, or customer service that gives one firm's product an edge over another firm's.

The _______________ value dimension reflects the division of labor among men and women in a society.

There have been a number of demographic changes in the United States. For instance, by 2012 the percentage of women and people of color in the workforce is expected to _____.

__________ is not one of the basic political strategies to cope with the political-legal forces.

The home game industry began in 1972 with the founding of Microsoft.

All of the following are representative of high uncertainty avoidance except __________.