Exam 4: Managing in a Global Environment

Ethnocentrism refers to a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values.

Companies need to be cautious of ____________________ and ____________________ when going international because they differ from country to country.

According to Manager's Shoptalk in Chapter 4,what does the gesture of scratching one's head usually mean in Russia?

In the ____ stage a company usually adopts a multidomestic approach.

Countries that use several languages

The United States has the largest mobile phone market in the world.

________ is a concept that proposes that corporations can alleviate poverty and other social ills by selling to the world's poorest people.

The Write Pens,Inc.wants to reduce transferring costs by producing closer to the consumer in a foreign country.This will also help in reducing transportation and storage costs.Which strategy would be the best to use given the circumstances?

Today's companies compete in a ____.

In countries where women are often in positions of high status,the Globe Project would describe that culture as high in ____.

____ generally are located in Asia,Africa and South America.

Which of the following is a form of franchising?

Culture shock refers to the frustration and anxiety that result from constantly being subjected to strange and unfamiliar cues about what to do and how to do it.

According to Manager's Shoptalk in Chapter 4,the polite way to give your business card to a Japanese business person is when first meeting,presenting your card with both hands.

Global Dandelion,with marketing and production facilities located in many countries,is participating at what stage in the international arena?

The global stage of corporate international development is also referred to as the stateless stage.

____________________ is the criterion traditionally used to classify countries as developed or developing.

Direct investing means that the company is involved in managing the productive assets in a foreign country.There are three options for direct investing.Name and compare these three options.

In the ____________________ stage,the company has marketing and production facilities located in many countries and more than one-third of annual sales come from outside the home country.

To deal with the marketing of products in several countries individually,a company in the international stage often uses an international division.