Question 1

Hofstede's research has shown there are:

Accepted Answer

A)  no cultural differences among nations in which Spanish is the national language 
B)  two distinct methods for dealing with cultural differences--adaptation and continuation 
C)  direct relationships existing between type of infrastructures and growth potential 
D)  five consistent dimensions of cultural differences across countries 
E)  four factors upon which a company should base its decision to globalize 
A)  no cultural differences among nations in which Spanish is the national language 
B)  two distinct methods for dealing with cultural differences--adaptation and continuation 
C)  direct relationships existing between type of infrastructures and growth potential 
D)  five consistent dimensions of cultural differences across countries 
E)  four factors upon which a company should base its decision to globalize D

Question 2

The General Agreement on Tariffs and Trade (GATT):

Accepted Answer

A)  replaced the United Nations court system 
B)  eliminated government subsidies 
C)  eliminated tariffs in ten specific industries 
D)  operated in a fashion similar to the Chamber of Commerce 
E)  did all of these 
A)  replaced the United Nations court system 
B)  eliminated government subsidies 
C)  eliminated tariffs in ten specific industries 
D)  operated in a fashion similar to the Chamber of Commerce 
E)  did all of these C

Question 3

The evidence clearly shows that __________ is the most important factor in determining the success or failure of an international assignment.

Accepted Answer

A)  the amount of language training provided to the expatriate 
B)  the amount of cross-cultural training provided to the expatriate 
C)  how well an expatriate's spouse and family adjust to the foreign culture 
D)  how willing the expatriate was to accept the foreign assignment 
E)  the similarity of the foreign language to the expatriate's native language 
A)  the amount of language training provided to the expatriate 
B)  the amount of cross-cultural training provided to the expatriate 
C)  how well an expatriate's spouse and family adjust to the foreign culture 
D)  how willing the expatriate was to accept the foreign assignment 
E)  the similarity of the foreign language to the expatriate's native language C

Question 4

Managing global joint ventures can be difficult because they:

Accepted Answer

A)  represent a merging of four cultures 
B)  increase the number of tariffs that have to be paid 
C)  can only be used by large companies that already have an international presence 
D)  use local consistency in marketing 
E)  do all of these 
A)  represent a merging of four cultures 
B)  increase the number of tariffs that have to be paid 
C)  can only be used by large companies that already have an international presence 
D)  use local consistency in marketing 
E)  do all of these

Question 5

A country or region that has an attractive business climate for companies that want to go global has:

Accepted Answer

A)  a large population of unskilled workers 
B)  an effective and cost-efficient place to build an office or manufacturing site 
C)  a small youth population 
D)  natural boundaries 
E)  all of these 
A)  a large population of unskilled workers 
B)  an effective and cost-efficient place to build an office or manufacturing site 
C)  a small youth population 
D)  natural boundaries 
E)  all of these

Question 6

What are the strategies that can be used to minimize or adapt to the political risk inherent to global business?

Accepted Answer

A)  protectionist, avoidance, and offensive strategies 
B)  creative, cooperative, and defensive strategies 
C)  cooperative, customary, and nationalistic strategies 
D)  avoidance, protectionist, and guerrilla strategies 
E)  control, avoidance, and cooperative strategies 
A)  protectionist, avoidance, and offensive strategies 
B)  creative, cooperative, and defensive strategies 
C)  cooperative, customary, and nationalistic strategies 
D)  avoidance, protectionist, and guerrilla strategies 
E)  control, avoidance, and cooperative strategies

Question 7

Global business:

Accepted Answer

A)  is the buying and selling of goods and services to people from different countries 
B)  includes any sale of goods and services 
C)  only involves companies with more than 50 employees 
D)  refers to sales made to people from different cultures, different regions, and different nations 
E)  is unregulated 
A)  is the buying and selling of goods and services to people from different countries 
B)  includes any sale of goods and services 
C)  only involves companies with more than 50 employees 
D)  refers to sales made to people from different cultures, different regions, and different nations 
E)  is unregulated

Question 8

Which of the following represents the correct sequence for the phase model of globalization?

Accepted Answer

A)  exporting; wholly owned affiliates; cooperative contracts; strategic alliances 
B)  exporting; cooperative contracts; wholly owned affiliates; strategic alliances 
C)  exporting; cooperative contracts; strategic alliances; wholly owned affiliates 
D)  exporting; strategic alliances; cooperative contracts; wholly owned affiliates 
E)  home country sales; exporting; job ventures; strategic alliances, and direct investment 
A)  exporting; wholly owned affiliates; cooperative contracts; strategic alliances 
B)  exporting; cooperative contracts; wholly owned affiliates; strategic alliances 
C)  exporting; cooperative contracts; strategic alliances; wholly owned affiliates 
D)  exporting; strategic alliances; cooperative contracts; wholly owned affiliates 
E)  home country sales; exporting; job ventures; strategic alliances, and direct investment

Question 9

Two factors help determine the growth potential of foreign markets. They are foreign competition and:

Accepted Answer

A)  communications and transportation systems 
B)  purchasing power 
C)  political stability 
D)  creative differences 
E)  product diffusion rate 
A)  communications and transportation systems 
B)  purchasing power 
C)  political stability 
D)  creative differences 
E)  product diffusion rate

Question 10

One of the major questions that a company must typically answer once it has decided to go global is:

Accepted Answer

A)  How many additional employees will the company need? 
B)  To what extent should the company standardize or adapt business procedures? 
C)  To what extent should a company abide by global or regional trade agreements? 
D)  Will the organization's mission statement need to be changed? 
E)  How many new shareholders will be influenced by global activities? 
A)  How many additional employees will the company need? 
B)  To what extent should the company standardize or adapt business procedures? 
C)  To what extent should a company abide by global or regional trade agreements? 
D)  Will the organization's mission statement need to be changed? 
E)  How many new shareholders will be influenced by global activities?

Question 11

An expatriate is someone who:

Accepted Answer

A)  claims dual citizenship 
B)  lives and works outside of his or her own country 
C)  believes strongly in nationalization 
D)  is unhappy with his or her present residence 
E)  desires to be employed in a country outside of his or her own 
A)  claims dual citizenship 
B)  lives and works outside of his or her own country 
C)  believes strongly in nationalization 
D)  is unhappy with his or her present residence 
E)  desires to be employed in a country outside of his or her own

Question 12

The two general kinds of trade barriers are:

Accepted Answer

A)  government import standards and industry import standards 
B)  qualitative and quantitative barriers 
C)  voluntary and involuntary barriers 
D)  nationalistic and geocentric barriers 
E)  tariff barriers and nontariff barriers 
A)  government import standards and industry import standards 
B)  qualitative and quantitative barriers 
C)  voluntary and involuntary barriers 
D)  nationalistic and geocentric barriers 
E)  tariff barriers and nontariff barriers

Exam 8: Global Management: Part B

Hofstede's research has shown there are:

The General Agreement on Tariffs and Trade (GATT):

The evidence clearly shows that __________ is the most important factor in determining the success or failure of an international assignment.

Managing global joint ventures can be difficult because they:

A country or region that has an attractive business climate for companies that want to go global has:

What are the strategies that can be used to minimize or adapt to the political risk inherent to global business?

Global business:

Which of the following represents the correct sequence for the phase model of globalization?

Two factors help determine the growth potential of foreign markets. They are foreign competition and:

One of the major questions that a company must typically answer once it has decided to go global is:

An expatriate is someone who:

The two general kinds of trade barriers are:

Management

Management: Part A

Management: Part B

History of Management

History of Management: Part A

History of Management: Part B

Organizational Environments and Cultures

Organizational Environments and Cultures: Part A

Organizational Environments and Cultures: Part B

Ethics and Social Responsibility

Ethics and Social Responsibility: Part A

Ethics and Social Responsibility: Part B

Planning and Decision Making

Planning and Decision Making: Part A

Planning and Decision Making: Part B

Organizational Strategy

Organizational Strategy: Part A

Organizational Strategy: Part B

Innovation and Change

Innovation and Change: Part A

Innovation and Change: Part B

Global Management

Global Management: Part A

Designing Adaptive Organizations

Designing Adaptive Organizations: Part A

Designing Adaptive Organizations: Part B

Managing Teams

Managing Teams: Part A

Managing Teams: Part B

Managing Human Resource Systems

Managing Human Resource Systems: Part A

Managing Human Resource Systems: Part B

Managing Individuals and a Diverse Work Force

Managing Individuals and a Diverse Work Force: Part A

Managing Individuals and a Diverse Work Force: Part B

Motivation

Motivation: Part A

Motivation: Part B

Leadership

Leadership: Part A

Leadership: Part B

Managing Communication

Managing Communication: Part A

Managing Communication: Part B

Control

Control: Part A

Control: Part B

Managing Information

Managing Information: Part A

Managing Information: Part B

Managing Service and Manufacturing Operations

Managing Service and Manufacturing Operations: Part A

Managing Service and Manufacturing Operations: Part B

Filters