Question 1

The __________ is a permanent membership organization that monitors trade and has authority to arbitrate disputes among 162 member countries.

Accepted Answer

World Trad

Question 2

Countries whose social values reflect low power distance:

Accepted Answer

A)  are highly democratic. 
B)  accept inequality in power among institutions, organizations, and people. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these. 
A)  are highly democratic. 
B)  accept inequality in power among institutions, organizations, and people. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these.

Question 3

Cultural intelligence is a person's ability to use reasoning and observation to interpret unfamiliar gestures and situations and devise appropriate behavioral responses. Do you think it is important for managers to develop their cultural intelligence? Write a short essay defending your stance.

Accepted Answer

Values and behaviors among members of a

Question 4

The __________ is the single European currency that has replaced the currencies of 19 European Union (EU) member nations.

Accepted Answer

The answer of The __________ is the single European currency...

Question 5

Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market. This is the first time your company has gotten involved internationally, so you are being cautious and would initially like to spend the least amount of money as possible to get involved. What type of strategy are you going to use?

Accepted Answer

A)  Contracting 
B)  Outsourcing 
C)  Exporting 
D)  Partnership 
E)  Offshoring 
A)  Contracting 
B)  Outsourcing 
C)  Exporting 
D)  Partnership 
E)  Offshoring

Question 6

An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 28-nation __________.

Accepted Answer

The answer of An alliance begun in 1957 to improve...

Question 7

Which of the following is defined as a culture in which communication is used primarily to build personal social relationships?

Accepted Answer

A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture 
A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture

Question 8

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.
-If she should decide to take the job, she will be most successful in a foreign assignment if she has:

Accepted Answer

A)  high uncertainty avoidance. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism. 
A)  high uncertainty avoidance. 
B)  cultural intelligence. 
C)  linguistic pluralism. 
D)  ethnocentrism. 
E)  geocentrism.

Question 9

A high-context interaction requires more time because a relationship has to be developed, and trust and friendship must be established.

Accepted Answer

A) True 
 B)False

Question 10

The European Union has expanded to a _____-nation alliance.

Accepted Answer

A)  14 
B)  12 
C)  28 
D)  16 
E)  21 
A)  14 
B)  12 
C)  28 
D)  16 
E)  21

Question 11

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 American firm joining in the joint venture faces __________ than if it were using __________ to do business internationally.

Accepted Answer

A)  higher costs; outsourcing 
B)  lower costs; outsourcing 
C)  lower costs; exporting 
D)  a lower level of ownership; outsourcing 
E)  all of these 
A)  higher costs; outsourcing 
B)  lower costs; outsourcing 
C)  lower costs; exporting 
D)  a lower level of ownership; outsourcing 
E)  all of these

Question 12

Many companies first get involved internationally by using which of the following approaches?

Accepted Answer

A)  Exporting 
B)  Offshoring 
C)  Joint venture 
D)  Acquisition 
E)  Outsourcing 
A)  Exporting 
B)  Offshoring 
C)  Joint venture 
D)  Acquisition 
E)  Outsourcing

Question 13

Which of the following characteristics distinguish a multinational corporation (MNC)?

Accepted Answer

A)  MNC top managers are presumed to exercise a global perspective. 
B)  An MNC is ultimately controlled by a single management authority. 
C)  An MNC is managed as an integrated worldwide business system. 
D)  An MNC typically receives more than 25 percent of its total sales revenues from operations outside the parent's home country. 
E)  All of these. 
A)  MNC top managers are presumed to exercise a global perspective. 
B)  An MNC is ultimately controlled by a single management authority. 
C)  An MNC is managed as an integrated worldwide business system. 
D)  An MNC typically receives more than 25 percent of its total sales revenues from operations outside the parent's home country. 
E)  All of these.

Question 14

Which of the following management functions changes when a business operates internationally?

Accepted Answer

A)  Planning 
B)  Organizing 
C)  Controlling 
D)  Leading 
E)  None of these 
A)  Planning 
B)  Organizing 
C)  Controlling 
D)  Leading 
E)  None of these

Question 15

A low-context culture is a culture in which communication is used primarily to build personal social relationships.

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

Ethnocentrism is a cultural attitude mar

Question 17

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to __________.

Accepted Answer

The answer of A preference for a tightly knit social...

Question 18

Riots, revolutions, civil disorders, and frequent changes in government are all examples of:

Accepted Answer

A)  political risk. 
B)  political chaos. 
C)  political instability. 
D)  events that typically occur in low-context cultures. 
E)  none of these. 
A)  political risk. 
B)  political chaos. 
C)  political instability. 
D)  events that typically occur in low-context cultures. 
E)  none of these.

Question 19

Which of the following countries possesses a low degree of gender differentiation?

Accepted Answer

A)  China 
B)  Brazil 
C)  Italy 
D)  South Korea 
E)  Denmark 
A)  China 
B)  Brazil 
C)  Italy 
D)  South Korea 
E)  Denmark

Question 20

The social value of uncertainty avoidance is evident in countries like Japan which support beliefs that promises certainty and conformity among its citizenry.

Accepted Answer

A) True 
 B)False

The __________ is a permanent membership organization that monitors trade and has authority to arbitrate disputes among 162 member countries.

Countries whose social values reflect low power distance:

Cultural intelligence is a person's ability to use reasoning and observation to interpret unfamiliar gestures and situations and devise appropriate behavioral responses. Do you think it is important for managers to develop their cultural intelligence? Write a short essay defending your stance.

The __________ is the single European currency that has replaced the currencies of 19 European Union (EU) member nations.

An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 28-nation __________.

Which of the following is defined as a culture in which communication is used primarily to build personal social relationships?

A high-context interaction requires more time because a relationship has to be developed, and trust and friendship must be established.

The European Union has expanded to a _____-nation alliance.

Many companies first get involved internationally by using which of the following approaches?

Which of the following characteristics distinguish a multinational corporation (MNC)?

Which of the following management functions changes when a business operates internationally?

A low-context culture is a culture in which communication is used primarily to build personal social relationships.

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

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to __________.

Riots, revolutions, civil disorders, and frequent changes in government are all examples of:

Which of the following countries possesses a low degree of gender differentiation?

The social value of uncertainty avoidance is evident in countries like Japan which support beliefs that promises certainty and conformity among its citizenry.

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

The __________ is a permanent membership organization that monitors trade and has authority to arbitrate disputes among 162 member countries.

Countries whose social values reflect low power distance:

Cultural intelligence is a person's ability to use reasoning and observation to interpret unfamiliar gestures and situations and devise appropriate behavioral responses. Do you think it is important for managers to develop their cultural intelligence? Write a short essay defending your stance.

The __________ is the single European currency that has replaced the currencies of 19 European Union (EU) member nations.

An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 28-nation __________.

Which of the following is defined as a culture in which communication is used primarily to build personal social relationships?

A high-context interaction requires more time because a relationship has to be developed, and trust and friendship must be established.

The European Union has expanded to a _____-nation alliance.

Many companies first get involved internationally by using which of the following approaches?

Which of the following characteristics distinguish a multinational corporation (MNC)?

Which of the following management functions changes when a business operates internationally?

A low-context culture is a culture in which communication is used primarily to build personal social relationships.

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

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to __________.

Riots, revolutions, civil disorders, and frequent changes in government are all examples of:

Which of the following countries possesses a low degree of gender differentiation?

The social value of uncertainty avoidance is evident in countries like Japan which support beliefs that promises certainty and conformity among its citizenry.

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