Question 1

In a(n) __________, people use communication primarily to exchange facts and information.

Accepted Answer

low-context culture

Question 2

The __________ is the largest regional agreement in history.

Accepted Answer

A)  North American Free Trade Agreement 
B)  European Union 
C)  General Agreement on Tariffs and Trade 
D)  European Free Trade Area 
E)  Trans-Pacific Partnership 
A)  North American Free Trade Agreement 
B)  European Union 
C)  General Agreement on Tariffs and Trade 
D)  European Free Trade Area 
E)  Trans-Pacific Partnership E

Question 3

China is the industry leader in information technology outsourcing.

Accepted Answer

A) True 
 B)False  False

Question 4

Which of the following individuals would more likely be able to develop a global mind-set more easily?

Accepted Answer

A)  Mathias, who is fluent in four different languages 
B)  Will, who has never traveled outside the United States 
C)  Mariana, who speaks English as a second language 
D)  Savannah, who attends a women's college 
E)  Vera, whose parents were born in Germany 
A)  Mathias, who is fluent in four different languages 
B)  Will, who has never traveled outside the United States 
C)  Mariana, who speaks English as a second language 
D)  Savannah, who attends a women's college 
E)  Vera, whose parents were born in Germany

Question 5

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.
-The degree of international involvement for the joint venture is an example of:

Accepted Answer

A)  outscoring. 
B)  exporting. 
C)  offshoring. 
D)  a partnership. 
E)  none of these. 
A)  outscoring. 
B)  exporting. 
C)  offshoring. 
D)  a partnership. 
E)  none of these.

Question 6

A cultural attitude marked by the natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values is called:

Accepted Answer

A)  ethnocentrism. 
B)  polycentrism. 
C)  geocentrism. 
D)  technocentrism. 
E)  none of these. 
A)  ethnocentrism. 
B)  polycentrism. 
C)  geocentrism. 
D)  technocentrism. 
E)  none of these.

Question 7

The goal of the European Union is to create a powerful single-market system for Europe's millions of consumers.

Accepted Answer

A) True 
 B)False

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

Licensing means engaging in the international division of labor so that work activities can be done in countries with the cheapest sources of labor and supplies.

Accepted Answer

A) True 
 B)False

Question 10

Exporting is cheaper than outsourcing and partnerships as a way for organizations to do business internationally.

Accepted Answer

A) True 
 B)False

Question 11

A(n) __________ reflects a greater concern for the future and a high value on thrift and perseverance.

Accepted Answer

long-term

Question 12

In addition to joint ventures, the complexity of today's global business environment is spurring managers at many companies to develop __________, which are collections of partnerships with various other firms.

Accepted Answer

A)  strategic networks 
B)  multipartner associations 
C)  mergers 
D)  strategic alliances 
E)  alliance networks 
A)  strategic networks 
B)  multipartner associations 
C)  mergers 
D)  strategic alliances 
E)  alliance networks

Question 13

The __________ dimension of a global mind-set means knowing about the global environment and global business, mentally understanding how cultures differ, and having the ability to interpret complex global changes.

Accepted Answer

A)  emotional 
B)  psychological 
C)  cognitive 
D)  social 
E)  analytical 
A)  emotional 
B)  psychological 
C)  cognitive 
D)  social 
E)  analytical

Question 14

A company's risk of loss of assets, earning power, or managerial control due to politically based events or actions by host country governments is known as __________.

Accepted Answer

The answer of A company's risk of loss of assets,...

Question 15

An increasing number of large international corporations are located in the United States.

Accepted Answer

A) True 
 B)False

Question 16

The term top of the pyramid refers to the more than 4 billion people who make up the lowest level of the world's economic "pyramid," as defined by per capita income.

Accepted Answer

A) True 
 B)False

Question 17

Business, just like crime, has become a unified, global field.

Accepted Answer

A) True 
 B)False

Question 18

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 19

Today's companies compete in a:

Accepted Answer

A)  growingly domestic environment. 
B)  low-context culture. 
C)  high-context culture. 
D)  corrupt world. 
E)  borderless world. 
A)  growingly domestic environment. 
B)  low-context culture. 
C)  high-context culture. 
D)  corrupt world. 
E)  borderless world.

Question 20

The psychological dimension of a global mind-set includes all of the following except:

Accepted Answer

A)  the ability to behave in ways that build trusting relationships with people who are different from oneself. 
B)  a liking for diverse ways of thinking and acting. 
C)  the energy to deal with the unpredictable and uncertain. 
D)  a willingness to take risks. 
E)  the self-confidence to deal with the unpredictable and uncertain. 
A)  the ability to behave in ways that build trusting relationships with people who are different from oneself. 
B)  a liking for diverse ways of thinking and acting. 
C)  the energy to deal with the unpredictable and uncertain. 
D)  a willingness to take risks. 
E)  the self-confidence to deal with the unpredictable and uncertain.

In a(n) __________, people use communication primarily to exchange facts and information.

The __________ is the largest regional agreement in history.

China is the industry leader in information technology outsourcing.

Which of the following individuals would more likely be able to develop a global mind-set more easily?

A cultural attitude marked by the natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values is called:

The goal of the European Union is to create a powerful single-market system for Europe's millions of consumers.

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

Licensing means engaging in the international division of labor so that work activities can be done in countries with the cheapest sources of labor and supplies.

Exporting is cheaper than outsourcing and partnerships as a way for organizations to do business internationally.

A(n) __________ reflects a greater concern for the future and a high value on thrift and perseverance.

In addition to joint ventures, the complexity of today's global business environment is spurring managers at many companies to develop __________, which are collections of partnerships with various other firms.

The __________ dimension of a global mind-set means knowing about the global environment and global business, mentally understanding how cultures differ, and having the ability to interpret complex global changes.

A company's risk of loss of assets, earning power, or managerial control due to politically based events or actions by host country governments is known as __________.

An increasing number of large international corporations are located in the United States.

The term top of the pyramid refers to the more than 4 billion people who make up the lowest level of the world's economic "pyramid," as defined by per capita income.

Business, just like crime, has become a unified, global field.

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

Today's companies compete in a:

The psychological dimension of a global mind-set includes all of the following except:

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Start-Ups and New Ventures

Planning and Global Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Invidividual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 4: Managing in a Global Environment

In a(n) __________, people use communication primarily to exchange facts and information.

The __________ is the largest regional agreement in history.

China is the industry leader in information technology outsourcing.

Which of the following individuals would more likely be able to develop a global mind-set more easily?

A cultural attitude marked by the natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values is called:

The goal of the European Union is to create a powerful single-market system for Europe's millions of consumers.

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

Licensing means engaging in the international division of labor so that work activities can be done in countries with the cheapest sources of labor and supplies.

Exporting is cheaper than outsourcing and partnerships as a way for organizations to do business internationally.

A(n) __________ reflects a greater concern for the future and a high value on thrift and perseverance.

In addition to joint ventures, the complexity of today's global business environment is spurring managers at many companies to develop __________, which are collections of partnerships with various other firms.

The __________ dimension of a global mind-set means knowing about the global environment and global business, mentally understanding how cultures differ, and having the ability to interpret complex global changes.

A company's risk of loss of assets, earning power, or managerial control due to politically based events or actions by host country governments is known as __________.

An increasing number of large international corporations are located in the United States.

The term top of the pyramid refers to the more than 4 billion people who make up the lowest level of the world's economic "pyramid," as defined by per capita income.

Business, just like crime, has become a unified, global field.

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

Today's companies compete in a:

The psychological dimension of a global mind-set includes all of the following except:

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Start-Ups and New Ventures

Planning and Global Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Invidividual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters