Exam 3: Integrative Managerial Issues

Which of the following is commonly considered a category of workforce diversity?

Future orientation is a measure of how successful a society is at delaying gratification.

A country with a high uncertainty avoidance ________.

A Different View (Scenario) Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited. -In Denmark Jana met people who marveled about the ability of Americans to be so "bold" and flexible when it came to making decisions about the future, while the Danish tended to rely on rules when facing uncertainty.How would you characterize this trait that Americans appear to have?

The German company Deutsche Telekom has instituted a quota for hiring women.

Which of the following would be LEAST likely to be true of two random people of the same ethnicity?

A global village can be best characterized as a business climate in which there are ________.

Supporters of socially responsible businesses claim that by becoming socially responsible, businesses can expect ________.

Currently, almost 50 percent of Fortune 500 companies are headed by women.

The United States is an example of a country with small power distance.

Business Expansion Plan (Scenario) As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers. -If Shana's company reorganizes based on industry groups with no designated home country, the entire organization would be considered a ________.

When did global trade first make its appearance?

Opposing Views of Social Responsibility (Scenario) The board of directors of the Four Forks Generating Corporation is meeting to consider the construction of a new electrical generation facility near the Four Forks River. Director Appleton prefers a coal-burning plant because it promises to be the most profitable alternative. Over the short term at least, a coal plant will be by far the least expensive facility to build and operate. Coal is cheap and the considerable pollution from the plant won't affect anything within hundreds of miles from the plant. Director Estrella wants a nuclear plant to be located 30 miles upriver from the biggest city in the area. Nuclear power is cleaner than coal. Completely safeguarding the community against accidents in the plant or the disposal of toxic waste could be very expensive. However, Estrella has discovered that the job can be done much more cheaply by cutting some corners-while still strictly following all laws-and creating some additional risk for the community. Director Jossleman supports the most expensive option of the three-she wants a wind farm to be built along the banks of the river on top of a ridge. The wind turbines produce absolutely no pollution and pose no threat to the community or the environment. They are expensive to build and to operate at the current time because they require elaborate back-up systems to function when the wind isn't blowing. -Director Appleton exhibits which of the following social responsibility views?

A Different View (Scenario) Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited. -In Greece Jana visited a pharmaceutical operation.She found that managers there were charming but not at all shy.If they thought they were right they tended to be aggressive and confrontational.How would you characterize this trait?

________ dictates that being socially responsible is the "right thing to do."

Transnational corporations run their businesses from their home country.

Nestlé is an example of a multidomestic company.

A Different View (Scenario) Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited. -In Venezuela Jana found that people tended to show great deference toward their superiors.When meeting with one higher-up, she noticed that the local managers seemed to exhibit extremely obsequious behavior.How would you characterize this trait?

Global supply chains are similar to biological systems in being resilient and resistant to change but surprisingly vulnerable at the same time.

When a company does the minimum that the law requires, it is meeting its ________.