Exam 7: Global Management

If Canada were to seek admittance as a full member to the Association of Southeast Asian Nations (ASEAN),what would Canada be preparing to become part of?

Companies entering foreign markets should open an office or manufacturing location in that market.

Canada restricts goods that can enter the country,and charges an 11 percent tax on sweetened waters from most countries. What,in other words,does Canada impose on sweetened waters?

Narrative 7-1 India has the fastest-growing demand for consumer products in the world. In recent years,Coca-Cola attempted to enter the Indian market once again. Coca-Cola's first attempt to enter the Indian market a decade earlier was grossly mismanaged,which led to the company losing 20 billion Indian rupees. In that first attempt,Coca-Cola purchased Thumbs Up,the leading India-based carbonated soft drink. The company hoped to replace Thumbs Up with Coke while maintaining the Thumbs Up distribution strategy. For its return to the market,Coca-Cola built five plants,cut costly staff,revamped transport,shrunk bottles,and made the bottles lighter to increase a truck's carrying capacity. It also increased its number of distributors and dumped a global advertising campaign that proved irrelevant to the Indian market. -Refer to Narrative 7-1. Why is Coca-Cola called a multinational company?

What type of entity are companies with sales,employees,and financing in different countries that are founded with an active global strategy?

Which of the following are two kinds of cooperative contracts?

The Canadian government imposes tariffs on imported textiles-between 10 and 12 percent-in part to support the Canadian textile industry. What is the tariff on imported textiles an example of?

What process is used to assess how well managers and their families are likely to adjust to foreign cultures?

Transportation costs strongly influence export product pricing.

Global joint ventures bring together two cultures: the culture of the first partner and of the second.?

What are two qualitative factors that influence companies' choice of foreign offices or manufacturing locations?

Identify the two basic types of political risk facing organizations when conducting global business. Which one is more common?

Briefly explain the phase model of globalization. List its stages in their appropriate order.

Franchisors often succeed in local cultures because they are owned by local business people who are familiar with the market,and can adjust their product to local tastes.

What is the primary disadvantage of using wholly owned affiliates as the means of entering a foreign market?

Which of the following is an attribute of a country or region that has an attractive business climate for companies that want to go global?

Canada's biggest export is energy.

Which of the following countries has the largest foreign direct investment in Canada?

What are the two types of political risk that affect companies conducting global business?

Canada requires that all products,domestic or imported,be labelled in a bilingual manner. What is this an example of?