Exam 4: Managing in a Global Environment

What is exporting?

A company's risk of loss of assets,earning power,or managerial control due to politically based events or action by host government is referred to as

The countries experiencing political stability face the greatest threat of violence.

A form of exporting to less-developed countries is called

Unfortunately,many U.S.managers fail to realize that the values and behaviors that typically govern how business is done in the United States do not translate to the rest of the world.

The process of globalization typically passes through all of the following stages EXCEPT

The estimated 2010 misery index figures suggest significantly less misery for almost every country as compared to figures at the beginning of the century.

With its large English-speaking population,_______ has numerous companies offering services such as call-center operations,data-processing,computer programming,and technical support.

A form of direct investment is franchising.

The risk of loss due to actions by host country governments is known as ____________________.

The Nissan plant in Mississippi is an example of a ____.

The fifth dimension of Hofstede's social values is preliminary-term orientation and extended-term orientation.

Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market.Your firm is willing to supply the equipment,products,product ingredients,trademark,and standardized operating system.What type of strategy are you going to use?

Jana has a high tolerance for the unstructured,the unclear,and the unpredictable.She can best be described as having:

High-context cultures include Asian and Arab countries,whereas low-context cultures tend to be American and Northern European.

Joint venture is the most risky type of direct investment.

Fifteen member states of the EU have adopted the rupee,as a single European currency.

Which organization originated and supports the idea of small businesses operating on a global level?

____ is the most widespread approach to international involvement in China and India.

____________________ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.