Question 1

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Accepted Answer

A)  borderless organization 
B)  global company 
C)  multidomestic corporation 
D)  transnational organization 
A)  borderless organization 
B)  global company 
C)  multidomestic corporation 
D)  transnational organization

Question 2

Which of the following is a feature of a multidomestic corporation?

Accepted Answer

A)  decisions are taken in the home country 
B)  reflects an ethnocentric attitude 
C)  eliminates artificial geographic borders 
D)  has a decentralized management 
A)  decisions are taken in the home country 
B)  reflects an ethnocentric attitude 
C)  eliminates artificial geographic borders 
D)  has a decentralized management

Question 3

What is the primary reason that the intensifying economic crisis in Europe threatens to impact the decisions of global managers in the United States and throughout the world?

Accepted Answer

A)  The massive debt in Greece has caused Europe to slide into a new recession. 
B)  New measures by the European Commission to oversee banks and to monitor national budgets have been met with resistance by euro zone members. 
C)  The euro zone is a larger economic unit than the United States or China and is a major source of world demand for goods and services. 
D)  The inability to trim benefits and free up labor markets prevents the region from spurring any significant growth over the next decade. 
A)  The massive debt in Greece has caused Europe to slide into a new recession. 
B)  New measures by the European Commission to oversee banks and to monitor national budgets have been met with resistance by euro zone members. 
C)  The euro zone is a larger economic unit than the United States or China and is a major source of world demand for goods and services. 
D)  The inability to trim benefits and free up labor markets prevents the region from spurring any significant growth over the next decade.

Question 4

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

Accepted Answer

A) True 
 B)False

Question 5

The North American Free Trade Agreement includes ________.

Accepted Answer

A)  Mexico, Canada, and the United States 
B)  Canada, Mexico, and Costa Rica 
C)  the United States, Canada, and Honduras 
D)  Columbia, Mexico, and the United Sates 
A)  Mexico, Canada, and the United States 
B)  Canada, Mexico, and Costa Rica 
C)  the United States, Canada, and Honduras 
D)  Columbia, Mexico, and the United Sates

Question 6

Norway is a member of the European Union.

Accepted Answer

A) True 
 B)False

Question 7

In today's global environment, managers must have a(n) ________ attitude in order to be successful.

Accepted Answer

A)  ethnocentric 
B)  parochial 
C)  bigoted 
D)  geocentric 
A)  ethnocentric 
B)  parochial 
C)  bigoted 
D)  geocentric

Question 8

An organization drops its organizational structure based on countries and reorganizes into industry groups.This is an example of the company becoming a(n) ________.

Accepted Answer

A)  ethnocentric company 
B)  polycentric organization 
C)  borderless organization 
D)  global company 
A)  ethnocentric company 
B)  polycentric organization 
C)  borderless organization 
D)  global company

Question 9

The single European Union currency is called the ________.

Accepted Answer

A)  krone 
B)  krona 
C)  pound 
D)  euro 
A)  krone 
B)  krona 
C)  pound 
D)  euro

Question 10

A ________ centralizes its management and other decisions in the home country.

Accepted Answer

A)  global company 
B)  multidomestic corporation 
C)  multicultural company 
D)  multifaceted corporation 
A)  global company 
B)  multidomestic corporation 
C)  multicultural company 
D)  multifaceted corporation

Question 11

The process of exporting involves acquiring products made abroad and selling them domestically.

Accepted Answer

A) True 
 B)False

Question 12

Adam has been hired by an organization that has a partnership with a foreign company.Both the partners share resources and knowledge while developing new products.Adam's organization has formed a ________.

Accepted Answer

A)  licensing company 
B)  franchising company 
C)  strategic alliance 
D)  foreign subsidiary 
A)  licensing company 
B)  franchising company 
C)  strategic alliance 
D)  foreign subsidiary

Question 13

Multidomestic corporations ________.

Accepted Answer

A)  maintain operations in multiple countries, but do not allow managers in each country to make their own decisions 
B)  reflect ethnocentric attitudes 
C)  decentralize management and other decisions to the local country 
D)  attempt to replicate their domestic successes by managing foreign operations from the home country 
A)  maintain operations in multiple countries, but do not allow managers in each country to make their own decisions 
B)  reflect ethnocentric attitudes 
C)  decentralize management and other decisions to the local country 
D)  attempt to replicate their domestic successes by managing foreign operations from the home country

Question 14

Describe the different approaches that a company may use when it decides to go international.

Accepted Answer

Managers who want to get into a global m

Question 15

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

Accepted Answer

A) True 
 B)False

Question 16

________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales.

Accepted Answer

A)  Global sourcing 
B)  Exporting 
C)  Subsidizing 
D)  Licensing 
A)  Global sourcing 
B)  Exporting 
C)  Subsidizing 
D)  Licensing

Question 17

An ethnocentric attitude ________.

Accepted Answer

A)  prompts managers to have a global view and look for the best approaches and people regardless of origin. 
B)  is the belief that the home country has the best work approaches and practices 
C)  is the view that employees in the host country know the best work approaches and practices 
D)  gives a manager a much broader understanding of what it takes to manage in a global environment 
A)  prompts managers to have a global view and look for the best approaches and people regardless of origin. 
B)  is the belief that the home country has the best work approaches and practices 
C)  is the view that employees in the host country know the best work approaches and practices 
D)  gives a manager a much broader understanding of what it takes to manage in a global environment

Question 18

Only when a country's political/legal environment is unstable or revolutionary is it of concern to managers.

Accepted Answer

A) True 
 B)False

Question 19

Strategic alliance is a partnership between an organization and a foreign company partner or partners in which both share resources and knowledge in developing new products or building production facilities.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following two dimensions of the Global Leadership and Organizational Behavior Effectiveness program fit directly with Hofstede's dimensions?

Accepted Answer

A)  power distance and uncertainty avoidance 
B)  power distance and gender differentiation 
C)  uncertainty avoidance and in-group collectivism 
D)  gender differentiation and in-group collectivism 
A)  power distance and uncertainty avoidance 
B)  power distance and gender differentiation 
C)  uncertainty avoidance and in-group collectivism 
D)  gender differentiation and in-group collectivism

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Which of the following is a feature of a multidomestic corporation?

What is the primary reason that the intensifying economic crisis in Europe threatens to impact the decisions of global managers in the United States and throughout the world?

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

The North American Free Trade Agreement includes ________.

Norway is a member of the European Union.

In today's global environment, managers must have a(n) ________ attitude in order to be successful.

An organization drops its organizational structure based on countries and reorganizes into industry groups.This is an example of the company becoming a(n) ________.

The single European Union currency is called the ________.

A ________ centralizes its management and other decisions in the home country.

The process of exporting involves acquiring products made abroad and selling them domestically.

Adam has been hired by an organization that has a partnership with a foreign company.Both the partners share resources and knowledge while developing new products.Adam's organization has formed a ________.

Multidomestic corporations ________.

Describe the different approaches that a company may use when it decides to go international.

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales.

An ethnocentric attitude ________.

Only when a country's political/legal environment is unstable or revolutionary is it of concern to managers.

Strategic alliance is a partnership between an organization and a foreign company partner or partners in which both share resources and knowledge in developing new products or building production facilities.

Which of the following two dimensions of the Global Leadership and Organizational Behavior Effectiveness program fit directly with Hofstede's dimensions?

Management and Organizations

Understanding Management: Constraints and Challenges

Managing Diversity

Managing Social Responsibility and Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Managerial Controls

Basic Organizational Design

Adaptive Organizational Design

Managing Human Resources

Managing Teams

Understanding Individual Behavior

Managers and Communication

Motivating Employees

Managers As Leaders

Filters

Exam 3: Managing in a Global Environment

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Which of the following is a feature of a multidomestic corporation?

What is the primary reason that the intensifying economic crisis in Europe threatens to impact the decisions of global managers in the United States and throughout the world?

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

The North American Free Trade Agreement includes ________.

Norway is a member of the European Union.

In today's global environment, managers must have a(n) ________ attitude in order to be successful.

An organization drops its organizational structure based on countries and reorganizes into industry groups.This is an example of the company becoming a(n) ________.

The single European Union currency is called the ________.

A ________ centralizes its management and other decisions in the home country.

The process of exporting involves acquiring products made abroad and selling them domestically.

Adam has been hired by an organization that has a partnership with a foreign company.Both the partners share resources and knowledge while developing new products.Adam's organization has formed a ________.

Multidomestic corporations ________.

Describe the different approaches that a company may use when it decides to go international.

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales.

An ethnocentric attitude ________.

Only when a country's political/legal environment is unstable or revolutionary is it of concern to managers.

Strategic alliance is a partnership between an organization and a foreign company partner or partners in which both share resources and knowledge in developing new products or building production facilities.

Which of the following two dimensions of the Global Leadership and Organizational Behavior Effectiveness program fit directly with Hofstede's dimensions?

Management and Organizations

Understanding Management: Constraints and Challenges

Managing Diversity

Managing Social Responsibility and Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Managerial Controls

Basic Organizational Design

Adaptive Organizational Design

Managing Human Resources

Managing Teams

Understanding Individual Behavior

Managers and Communication

Motivating Employees

Managers As Leaders

Filters