Question 1

Expatriates are organization members who live and work in a country in which they are not citizens.

Accepted Answer

A) True 
 B)False

Question 2

In Greece, employees do not like to be in a situation they know nothing about. They like to be informed about every situation they are likely to face. It can be deduced that Greece is a society that has ________.

Accepted Answer

A)  feminine values 
B)  long-term orientation 
C)  low power distance 
D)  high uncertainty avoidance 
E)  high individualism 
A)  feminine values 
B)  long-term orientation 
C)  low power distance 
D)  high uncertainty avoidance 
E)  high individualism

Question 3

When a company provides an expatriate with information on how to survive the difficulties of adjusting to a new culture, the company is providing training in ________.

Accepted Answer

A)  logistic information 
B)  cultural application 
C)  cultural adaptation 
D)  cultural profiling 
E)  repatriation 
A)  logistic information 
B)  cultural application 
C)  cultural adaptation 
D)  cultural profiling 
E)  repatriation

Question 4

Hugh is an American citizen currently living in Denmark. He works for a company that has its headquarters in France. He is a(n) ________.

Accepted Answer

A)  third-country national 
B)  host-country national 
C)  home-country national 
D)  dual citizen 
E)  repatriate 
A)  third-country national 
B)  host-country national 
C)  home-country national 
D)  dual citizen 
E)  repatriate

Question 5

The host company is the company investing in international operations.

Accepted Answer

A) True 
 B)False

Question 6

The ________ function of management involves determining how an organization will achieve its objectives.

Accepted Answer

A)  planning 
B)  organizing 
C)  influencing 
D)  controlling 
E)  observing 
A)  planning 
B)  organizing 
C)  influencing 
D)  controlling 
E)  observing

Question 7

________ is the set of characteristics of a given group of people and their environment and includes components like norms, values, habits, education and religion.

Accepted Answer

A)  Culture 
B)  Politics 
C)  Laws 
D)  Morals 
E)  Ethics 
A)  Culture 
B)  Politics 
C)  Laws 
D)  Morals 
E)  Ethics

Question 8

________ organizations essentially operate within a single country.

Accepted Answer

A)  Multinational 
B)  Transnational 
C)  Global 
D)  Domestic 
E)  International 
A)  Multinational 
B)  Transnational 
C)  Global 
D)  Domestic 
E)  International

Question 9

Which of the following statements is true about NAFTA?

Accepted Answer

A)  It aims at facilitating trade among the United States, Canada, and Mexico. 
B)  It's members include Denmark, the United Kingdom, Portugal, the Netherlands, Belgium. 
C)  It is an international market agreement aimed at facilitating trade among African nations. 
D)  It works to reduce tariffs and other trade barriers across the Asia-Pacific region. 
E)  It has 21 members, including Canada, the People's Republic of China, Indonesia, and the U.S. 
A)  It aims at facilitating trade among the United States, Canada, and Mexico. 
B)  It's members include Denmark, the United Kingdom, Portugal, the Netherlands, Belgium. 
C)  It is an international market agreement aimed at facilitating trade among African nations. 
D)  It works to reduce tariffs and other trade barriers across the Asia-Pacific region. 
E)  It has 21 members, including Canada, the People's Republic of China, Indonesia, and the U.S.

Question 10

Which of the following is true according to Hofstede's method of describing culture?

Accepted Answer

A)  Countries with low power distance tend to emphasize, expect, and accept more autocratic than democratic leadership. 
B)  Highly feminine countries place a high worth on factors like competitiveness, assertiveness, success, and wealth. 
C)  Power distance is the extent to which a society feels threatened by uncertain or unpredictable situations. 
D)  Countries that are high in uncertainty avoidance prefer being in more defined and predictable situations. 
E)  Countries with low uncertainty avoidance deemphasize short-run success to achieve long-run success. 
A)  Countries with low power distance tend to emphasize, expect, and accept more autocratic than democratic leadership. 
B)  Highly feminine countries place a high worth on factors like competitiveness, assertiveness, success, and wealth. 
C)  Power distance is the extent to which a society feels threatened by uncertain or unpredictable situations. 
D)  Countries that are high in uncertainty avoidance prefer being in more defined and predictable situations. 
E)  Countries with low uncertainty avoidance deemphasize short-run success to achieve long-run success.

Question 11

An international market agreement is ________.

Accepted Answer

A)  a joint venture between two companies who want to enter markets in the other country 
B)  an arrangement among a cluster of countries that facilitates a high level of trade among these countries 
C)  an international import deal between two countries 
D)  an agreement between an importer from one country and an exporter from another 
E)  an agreement between a multinational company and its franchisees in a number of countries 
A)  a joint venture between two companies who want to enter markets in the other country 
B)  an arrangement among a cluster of countries that facilitates a high level of trade among these countries 
C)  an international import deal between two countries 
D)  an agreement between an importer from one country and an exporter from another 
E)  an agreement between a multinational company and its franchisees in a number of countries

Question 12

What is the most advanced stage in multinationalization of a company?

Accepted Answer

A)  licensing its brand names to foreign firms 
B)  establishing foreign manufacturing facilities 
C)  establishing sales organizations abroad 
D)  exporting the organization's products to foreign countries 
E)  multinationalizing ownership of the corporate stock 
A)  licensing its brand names to foreign firms 
B)  establishing foreign manufacturing facilities 
C)  establishing sales organizations abroad 
D)  exporting the organization's products to foreign countries 
E)  multinationalizing ownership of the corporate stock

Question 13

Transnational organizations have the least international involvement of all types of organizations involved in the international arena.

Accepted Answer

A) True 
 B)False

Question 14

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units, they understand them better, and therefore foreign management practices are more insightful than home-country management practices.

Accepted Answer

A)  ethnocentric 
B)  polycentric 
C)  egocentric 
D)  geocentric 
E)  gynocentric 
A)  ethnocentric 
B)  polycentric 
C)  egocentric 
D)  geocentric 
E)  gynocentric

Question 15

The different types of organizations in ascending order of the extent of involvement in the international arena are ________.

Accepted Answer

A)  domestic, international, multinational, transnational 
B)  international, transnational, domestic, multinational 
C)  multinational, domestic, transnational, global 
D)  transnational, international, multinational, domestic 
E)  domestic, multinational, transnational, international 
A)  domestic, international, multinational, transnational 
B)  international, transnational, domestic, multinational 
C)  multinational, domestic, transnational, global 
D)  transnational, international, multinational, domestic 
E)  domestic, multinational, transnational, international

Question 16

International management is the performance of management activities across national borders.

Accepted Answer

A) True 
 B)False

Question 17

The ________ organization transcends any single home country, with ownership, control, and management being from many different countries.

Accepted Answer

A)  pan-national 
B)  transnational 
C)  multinational 
D)  international 
E)  domestic 
A)  pan-national 
B)  transnational 
C)  multinational 
D)  international 
E)  domestic

Question 18

International planning in the area of ________ emphasizes reaching organizational objectives through the purchase of the operating assets of another company in a foreign country.

Accepted Answer

A)  direct investing 
B)  joint venture 
C)  importing 
D)  exporting 
E)  license agreements 
A)  direct investing 
B)  joint venture 
C)  importing 
D)  exporting 
E)  license agreements

Question 19

Transnational organizations usually take one particular continent as their business arena.

Accepted Answer

A) True 
 B)False

Question 20

International plans that include ________ emphasize the attainment of organizational objectives through partnerships with foreign companies.

Accepted Answer

A)  joint ventures 
B)  imports 
C)  exports 
D)  license agreements 
E)  direct investing 
A)  joint ventures 
B)  imports 
C)  exports 
D)  license agreements 
E)  direct investing

Exam 5: Managing in the Global Arena

Expatriates are organization members who live and work in a country in which they are not citizens.

In Greece, employees do not like to be in a situation they know nothing about. They like to be informed about every situation they are likely to face. It can be deduced that Greece is a society that has ________.

When a company provides an expatriate with information on how to survive the difficulties of adjusting to a new culture, the company is providing training in ________.

Hugh is an American citizen currently living in Denmark. He works for a company that has its headquarters in France. He is a(n) ________.

The host company is the company investing in international operations.

The ________ function of management involves determining how an organization will achieve its objectives.

________ is the set of characteristics of a given group of people and their environment and includes components like norms, values, habits, education and religion.

________ organizations essentially operate within a single country.

Which of the following statements is true about NAFTA?

Which of the following is true according to Hofstede's method of describing culture?

An international market agreement is ________.

What is the most advanced stage in multinationalization of a company?

Transnational organizations have the least international involvement of all types of organizations involved in the international arena.

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units, they understand them better, and therefore foreign management practices are more insightful than home-country management practices.

The different types of organizations in ascending order of the extent of involvement in the international arena are ________.

International management is the performance of management activities across national borders.

The ________ organization transcends any single home country, with ownership, control, and management being from many different countries.

International planning in the area of ________ emphasizes reaching organizational objectives through the purchase of the operating assets of another company in a foreign country.

Transnational organizations usually take one particular continent as their business arena.

International plans that include ________ emphasize the attainment of organizational objectives through partnerships with foreign companies.

Introducing Modern Management: Concepts and Skills

Managing: History and Current Thinking

Corporate Social Responsibility, Ethics, and Sustainability

Management and Diversity

Management and Entrepreneurship

Principles of Planning

Making Decisions

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Plans and Planning Tools

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress, Conflict, and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Production and Control

Filters