Exam 4: Managing in the Global Arena

Which of the following attitudes is generally thought to be the most appropriate for managers in multinational corporations?

Adam & Sons is a fifty-year-old watch company based in Alabama. The major bulk of its sales has always taken place within the United States. Adam & Sons recently became the sole U.S distributors for Japanese watch manufacturer TLC. Adam & Sons would therefore be classified as a(n) ________.

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

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

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 ________.

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) ________.

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 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 ________.

SNL manufactures and sells customized shoes for people with special needs. The organization caters mostly to customers within the United States, though it occasionally sends products to overseas customers. The organization is very eco-friendly, and takes pride in sourcing all its raw materials locally. According to the information, SNL is a(n) ________.

Walt is a United States citizen who has been managing a business unit in Japan. He has been told he will be returning to the U.S. in three months. In this new role, Walt is a/an ________.

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

Organization members who are citizens of one country and work in another country for an organization headquartered in still another country are known as ________.

An American clothing manufacturer has recently purchased a clothing factory in Taiwan. This action is known as ________.

Discuss steps management can take to better ensure ethical behavior across the countries in their multinational organizations.

BLT is a sandwich chain based in Boston. It gained popularity due to word-of-mouth publicity and it is now opening branches in New Jersey and Connecticut as well. The company sources all its raw materials locally and makes it a point to use sustainable practices. Which of the following actions would make BLT a multinational company?

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

What are the six stages of multinationalization? What activities does a company perform at each stage?

France is a country where employees tend to follow whatever their managers say. They do not question the authority of their managers. Which of the following statements can be deduced from this information?

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