Question 1

ABC Manufacturing is in the domestic stage.It has its market potential open to the countries that border its home country.

Accepted Answer

A) True 
 B)False

Question 2

A value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity refers to ____________________.

Accepted Answer

uncertaint

Question 3

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to ____________________.

Accepted Answer

The answer of A preference for a tightly knit social...

Question 4

Globalization reached its peak in the 1970s,and is decreasing at a gradual rate.

Accepted Answer

A) True 
 B)False

Question 5

According to Manager's Shoptalk in Chapter 4,one of the most universal gestures is:

Accepted Answer

A) Arm up,shaking back and forth (waving) 
B) Scratching your chin (thinking) 
C) A smile (happiness or politeness) 
D) Closing your eyes (boredom) 
E) A pat on the back (congratulations) 
A) Arm up,shaking back and forth (waving) 
B) Scratching your chin (thinking) 
C) A smile (happiness or politeness) 
D) Closing your eyes (boredom) 
E) A pat on the back (congratulations)

Question 6

A company's political risk includes riots,revolutions,civil disorders,and frequent changes in government.

Accepted Answer

A) True 
 B)False

Question 7

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in ____.

Accepted Answer

A) assertiveness 
B) uncertainty avoidance 
C) gender differentiation 
D) humane orientation 
E) societal collectivism 
A) assertiveness 
B) uncertainty avoidance 
C) gender differentiation 
D) humane orientation 
E) societal collectivism

Question 8

Which of the following is an entry strategy in which the organization maintains its production facilities within its home country and transfers its products for sale in foreign markets?

Accepted Answer

A) Franchising 
B) Licensing 
C) Exporting 
D) Greenfield venture 
E) Joint venture 
A) Franchising 
B) Licensing 
C) Exporting 
D) Greenfield venture 
E) Joint venture

Question 9

Describe GATT and the World Trade Organization.

Accepted Answer

GATT started as a set of rules to ensure

Question 10

A high-context interaction requires more time because a relationship has to be developed,and trust and friendship must be established.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following countries possesses a high degree of assertiveness?

Accepted Answer

A) Spain 
B) Sweden 
C) Japan 
D) Iceland 
E) Switzerland 
A) Spain 
B) Sweden 
C) Japan 
D) Iceland 
E) Switzerland

Question 12

Color Copiers operates in a true global fashion,making sales and acquiring resources in whatever country offers the best opportunities and lowest cost,what stage of international development is it in?

Accepted Answer

A) Stateless stage 
B) Multinational stage 
C) International stage 
D) Domestic stage 
E) Multidomestic stage 
A) Stateless stage 
B) Multinational stage 
C) International stage 
D) Domestic stage 
E) Multidomestic stage

Question 13

Scenario - Sharon Cannon
Sharon Cannon was an MBA student in Detroit,Michigan,with a managerial position at the Ford Motor Company plant.She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant.Sharon would be under contract for one year,with an option to renew for a total of three years.Her salary would be 350% more than she was currently earning,and she would be given two all-expenses paid vacations each year.The money and the benefits sounded very nice,but Sharon wasn't sure what the best choice would be.
-The American firm joining in the joint venture

Accepted Answer

A) faces lower risk than if it were using a wholly-owned foreign affiliate. 
B) enjoys greater control than is it were using the wholly-owned affiliate. 
C) can anticipate a lower cost than a company that uses global outscoring. 
D) all of these. 
E) none of these. 
A) faces lower risk than if it were using a wholly-owned foreign affiliate. 
B) enjoys greater control than is it were using the wholly-owned affiliate. 
C) can anticipate a lower cost than a company that uses global outscoring. 
D) all of these. 
E) none of these.

Question 14

When organization managers have a(n)____ attitude,they value employees as an end in themselves.

Accepted Answer

A) ethnocentric 
B) humanistic 
C) instrumental 
D) pluralistic 
E) performance 
A) ethnocentric 
B) humanistic 
C) instrumental 
D) pluralistic 
E) performance

Question 15

MNCs that are truly world-oriented and favor no specific country are considered ____________________.

Accepted Answer

geocentric

Question 16

List the four stages of globalization.

Accepted Answer

Domestic,internation

Question 17

____________________ went into effect in early 1994,effectively creating a megamarket among the U.S. ,Canada,and Mexico.

Accepted Answer

The answer of ____________________ went into effect in early 1994,effectively...

Question 18

Most firms begin with which strategy to enter foreign markets?

Accepted Answer

A) Exporting 
B) Greenfield venture 
C) Joint venture 
D) Acquisition 
E) Direct investment 
A) Exporting 
B) Greenfield venture 
C) Joint venture 
D) Acquisition 
E) Direct investment

Question 19

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce.This is a problem with India's

Accepted Answer

A) product market. 
B) resource market. 
C) infrastructure. 
D) economy. 
E) power distance. 
A) product market. 
B) resource market. 
C) infrastructure. 
D) economy. 
E) power distance.

Question 20

Whereas China is strong in software services,India is a rising power in manufacturing.

Accepted Answer

A) True 
 B)False

ABC Manufacturing is in the domestic stage.It has its market potential open to the countries that border its home country.

A value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity refers to ____________________.

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to ____________________.

Globalization reached its peak in the 1970s,and is decreasing at a gradual rate.

According to Manager's Shoptalk in Chapter 4,one of the most universal gestures is:

A company's political risk includes riots,revolutions,civil disorders,and frequent changes in government.

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in ____.

Which of the following is an entry strategy in which the organization maintains its production facilities within its home country and transfers its products for sale in foreign markets?

Describe GATT and the World Trade Organization.

A high-context interaction requires more time because a relationship has to be developed,and trust and friendship must be established.

Which of the following countries possesses a high degree of assertiveness?

Color Copiers operates in a true global fashion,making sales and acquiring resources in whatever country offers the best opportunities and lowest cost,what stage of international development is it in?

When organization managers have a(n)____ attitude,they value employees as an end in themselves.

MNCs that are truly world-oriented and favor no specific country are considered ____________________.

List the four stages of globalization.

____________________ went into effect in early 1994,effectively creating a megamarket among the U.S. ,Canada,and Mexico.

Most firms begin with which strategy to enter foreign markets?

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce.This is a problem with India's

Whereas China is strong in software services,India is a rising power in manufacturing.

Innovative Management for a Changing World

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Small Business Start-Ups

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Web 20, and E-Business

Filters

Exam 4: Managing in a Global Environment

ABC Manufacturing is in the domestic stage.It has its market potential open to the countries that border its home country.

A value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity refers to ____________________.

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to ____________________.

Globalization reached its peak in the 1970s,and is decreasing at a gradual rate.

According to Manager's Shoptalk in Chapter 4,one of the most universal gestures is:

A company's political risk includes riots,revolutions,civil disorders,and frequent changes in government.

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in ____.

Which of the following is an entry strategy in which the organization maintains its production facilities within its home country and transfers its products for sale in foreign markets?

Describe GATT and the World Trade Organization.

A high-context interaction requires more time because a relationship has to be developed,and trust and friendship must be established.

Which of the following countries possesses a high degree of assertiveness?

Color Copiers operates in a true global fashion,making sales and acquiring resources in whatever country offers the best opportunities and lowest cost,what stage of international development is it in?

When organization managers have a(n)____ attitude,they value employees as an end in themselves.

MNCs that are truly world-oriented and favor no specific country are considered ____________________.

List the four stages of globalization.

____________________ went into effect in early 1994,effectively creating a megamarket among the U.S. ,Canada,and Mexico.

Most firms begin with which strategy to enter foreign markets?

Your grocery store in India is having trouble getting the local farmers to supply you with the proper produce.This is a problem with India's

Whereas China is strong in software services,India is a rising power in manufacturing.

Innovative Management for a Changing World

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managing Small Business Start-Ups

Managerial Planning and Goal Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Web 20, and E-Business

Filters