Exam 4: Managing in a Global Environment

If you built a computer company in Africa and then found that your product was having difficulty being distributed to customers because of the road system,your problem would be related to

The multinational stage of corporate international development transcends any single home country.The ownership,control,and top management tend to be dispersed among several nationalities.

The Digitec company has recently decided to design and manufacture a laptop that retails for under $50,in an effort to make information technology available to people in places like rural Africa and rural India.This is known as what type of strategy?

Political risk is defined as an organization's risk of ____ due to politically based events or actions by host governments.

The degree to which people accept inequality in power among institutions,organizations,and people is called ____________________.

____ aspects of management do not change when doing business internationally.

____ refers to the degree to which people accept inequality in power among institutions,organizations,and people.

The goal of the European Union is to create a powerful single market system for Europe's millions of consumers.

A multinational corporation typically receives more than 25 percent of its total sales revenues from operations inside the parent's home country.

All of the following are components of cultural intelligence,EXCEPT:

Describe the four stages of globalization with specific reference to strategic orientation,stage of development,cultural sensitivity,and manager assumptions.

Which of the following is NOT a legal-political factor in the international environment?

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

Brazil is known to have a young,vibrant population and a rapidly growing middle class that is eager to experience the finer things in life.

High cultural intelligence requires that a manager be open and receptive to new ideas and approaches.

In a recent Fortune magazine poll,68 percent of Americans say other countries benefit the most from free trade.

An example of global outsourcing is seen when Gap,Inc uses low-cost Caribbean labor to cheaply produce its clothing,and then finishes off and sells its clothing in the United States.

Companies that think ____ have a competitive edge.

____________________ stands for preference for achievement,heroism,assertiveness,work centrality (with resultant high stress),and material success.

Austria's cultural preference is for achievement,heroism,assertiveness,and material success.This would be considered