Exam 5: Managing in the Global Arena

The management of a company decides on a way to compare profits generated by organizational units located in different countries and expressed in terms of different currencies. What management function has been performed?

The organization chart ________ .

Transnational organizations are also called ________.

APEC was established in 1989 to further the economic growth and prosperity of the ________ community.

Countries that are high in ________ prefer being in more defined and predictable situations.

A country in which an investment is made by a foreign company is termed as a(n) ________.

Which of the following describes a company that is primarily based within one country but has continuing and meaningful transactions in other countries?

Japan has a society that values competitiveness and assertiveness over nurturing others and improving their quality of life. The people believe that success and wealth are very important. Japan is said to have a society that ________.

Organizations that operate globally find that ________ are the least expensive to employ.

Which of the following categories of organizations generally has the lowest level of international involvement?

The process of bringing individuals who have been working abroad back to their home country and reintegrating them into the organization's home-country operations is called ________.

If a company in the United States allows a company in England to use its brand name for a fee, the company is said to have entered into a(n) ________.

Third-country nationals are organization members who are citizens of the country in which the facility of a foreign-born organization is located.

An international organization has a lower level of international involvement than a multinational organization.

A Canada-based shoe manufacturing company in Malaysia has hired a Malaysian manager to manage it, because the company's CEO believes that the manager will understand the situation and manage the plant better than any foreign manager. This company is said to have a(n) ________ attitude.

In South Korean society, business success is pursued through people who work as a team. Managers believe that good interpersonal relationships among the members of a team are a must for success. What can be deduced from this?

Organizations headquartered in Pakistan train their employees in order to enable them to tackle the job that has to be performed immediately. The managers also prefer maintaining a day-to-day perspective. Pakistan is a good example of a ________ society.

________ are members of an organization who live and work in a country where they do not have citizenship.

A Belgium-based multinational company hires the best managers for its operations, regardless of the location of those managers. This company is said to have a(n) ________.

Citizens of a country who work in a foreign-based organization located in their own country are known as ________.