Exam 5: Managing in the Global Arena

A(n) ________ organization considers national borders to be inconsequential to its operations, with ownership, control, and management being from many different countries.

Domestic organizations essentially operate within a single country.

Managers with a ________ attitude believe that the overall quality of management recommendations, rather than the location of managers, should determine the acceptability of management practices used to guide multinational corporations.

Zac, an American citizen, has worked for a company in Berlin for the last five years. Which of the following scenarios mirrors the situation Zac is in?

A partnership formed by a company in one country with a company in another country for the purpose of pursuing some mutually desirable business undertaking is known as a(n) ________.

Which of the following types of organizations has the highest level of international involvement?

Which of the following countries is a member of the APEC?

Why do managers make foreign investments? What are the risks involved in this?

Which of the following is the simplest stage of multinationalization?

Explain the four components of international plans for multinational corporations.

Apparel company RED Lion Ltd. has a strong presence along the West Coast in the U.S., and is looking to expand its market overseas. The company began through the export route, exporting apparel to firms in the U.K., but now wants to establish manufacturing units abroad. Which of the following would weaken the company's decision to expand abroad?

A company that merely exports products to a foreign country cannot be considered a multinational corporation.

An organization that has significant operations in more than one country, disregards national boundaries, and is guided by a common strategy from a corporation center is a(n) ________.

Which of the following statements is true for the various management attitudes?

Joe is a citizen of Sri Lanka who lives and works for a company in Brazil. He is considered to be a(n) ________.

One form of international management is fighting competition in foreign markets.

A polycentric attitude reflects the belief that multinational corporations should regard home-country management practices as superior to foreign-country management practices.