Question 1

When organisations first go international, they often start with global sourcing.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following would you find in a country with a high power distance?

Accepted Answer

A) Society accepts narrow differences in organisations. 
B) Title carries little power, but status power is high. 
C) There is little respect for those in authority. 
D) Titles, rank and status carry a lot of weight. 
E) There is equal distribution of power within organisations. 
A) Society accepts narrow differences in organisations. 
B) Title carries little power, but status power is high. 
C) There is little respect for those in authority. 
D) Titles, rank and status carry a lot of weight. 
E) There is equal distribution of power within organisations.

Question 3

Geocentric views centre on ________.

Accepted Answer

A) a global view in the organisation's headquarters 
B) a global view in the organisation's foreign work facilities 
C) a global view in the organisation's headquarters and foreign work facilities 
D) a manager's religious and spiritual perspective 
E) regional trading and cooperation agreements 
A) a global view in the organisation's headquarters 
B) a global view in the organisation's foreign work facilities 
C) a global view in the organisation's headquarters and foreign work facilities 
D) a manager's religious and spiritual perspective 
E) regional trading and cooperation agreements

Question 4

Managers with a polycentric attitude would view every foreign operation as different and hard to understand.

Accepted Answer

A) True 
 B)False

Question 5

According to the textbook, Australia is very different to Portugal in terms of ________.

Accepted Answer

A) power distance 
B) uncertainty avoidance 
C) quantity of life 
D) time orientation 
E) individualism/collectivism 
A) power distance 
B) uncertainty avoidance 
C) quantity of life 
D) time orientation 
E) individualism/collectivism

Question 6

Managerial concern about international tax policies ________.

Accepted Answer

A) is due to varying tax rules from country to country 
B) is more than it should be 
C) is low because Australian-based firms do not pay foreign taxes 
D) tends to limit Australian trade with countries such as England 
E) will be reduced with the passage of the Common Foreign Tax Agreement (CFT
A) , expected to be ratified by the end of this decade 
A) is due to varying tax rules from country to country 
B) is more than it should be 
C) is low because Australian-based firms do not pay foreign taxes 
D) tends to limit Australian trade with countries such as England 
E) will be reduced with the passage of the Common Foreign Tax Agreement (CFT
A) , expected to be ratified by the end of this decade

Question 7

Which of the following is the least favourable attitude for an Australian or New Zealand manager who wishes to be successful in international business?

Accepted Answer

A) multicultural 
B) multi-country 
C) geocentric 
D) polycentric 
E) ethnocentric 
A) multicultural 
B) multi-country 
C) geocentric 
D) polycentric 
E) ethnocentric

Question 8

Australia and New Zealand have traditionally produced highly tradeable products for the international market.

Accepted Answer

A) True 
 B)False

Question 9

In a short essay, list and discuss three important international environmental factors for any manager, regardless of national origin, who has to manage in a foreign environment.

Accepted Answer

The legal-political environment - Manage

Question 10

First Visit Abroad
Bill Sanderson is in the air over the Middle East and is excited about his first European business trip.His goal is to scout out potential locations and basically provide input as to how the company should proceed with expanding abroad.There are many options, including maintaining the business' head office in Australia and sending over company representatives when necessary or developing a separate company in Europe and hiring locals as managers.In any case, he is confident about this trip but is somewhat concerned about the strange habits and foreign languages.(If only they would just speak English like everyone else!)
-Refer to First Visit Abroad (Scenario).If Bill is to successfully manage in a global environment, he must ________.

Accepted Answer

A) attempt to change other cultures to Australian ways 
B) learn and accept other cultures 
C) compete internationally but remain in Australia 
D) learn to manipulate other business cultures 
E) learn to not say anything in foreign business meetings to avoid making mistakes 
A) attempt to change other cultures to Australian ways 
B) learn and accept other cultures 
C) compete internationally but remain in Australia 
D) learn to manipulate other business cultures 
E) learn to not say anything in foreign business meetings to avoid making mistakes

Question 11

Australia and New Zealand are examples of countries with lower power distance.

Accepted Answer

A) True 
 B)False

Question 12

The feeling of confusion, disorientation and emotional upheaval caused by being immersed in a new culture is known as ________.

Accepted Answer

A) power distance 
B) uncertainty avoidance 
C) culture shock 
D) quality of life 
E) group depression 
A) power distance 
B) uncertainty avoidance 
C) culture shock 
D) quality of life 
E) group depression

Question 13

A geocentric attitude is characterised by parochialism.

Accepted Answer

A) True 
 B)False

Question 14

What is the goal of the World Trade Organization?

Accepted Answer

A) to eliminate border taxes, but increase border subsidies between the countries 
B) to remove all barriers between countries 
C) to help countries conduct trade through a system of rules 
D) to increase the profits of multinational companies 
E) to prevent the exploitation of people and the environment worldwide 
A) to eliminate border taxes, but increase border subsidies between the countries 
B) to remove all barriers between countries 
C) to help countries conduct trade through a system of rules 
D) to increase the profits of multinational companies 
E) to prevent the exploitation of people and the environment worldwide

Question 15

A(n)________ attitude is a parochialist belief that home-country practices are best.

Accepted Answer

A) ethnocentric 
B) polycentric 
C) geocentric 
D) international 
E) global 
A) ethnocentric 
B) polycentric 
C) geocentric 
D) international 
E) global

Question 16

Which of the following factors does NOT represent a difficulty that Australian and New Zealand companies face when they try to go international?

Accepted Answer

A) great distance from foreign markets 
B) small domestic markets make expansion difficult 
C) low tradability of products 
D) small company size 
E) both A and B 
A) great distance from foreign markets 
B) small domestic markets make expansion difficult 
C) low tradability of products 
D) small company size 
E) both A and B

Question 17

Which of the following would you consider to be a true statement?

Accepted Answer

A) Creating a foreign subsidiary usually occurs at an early stage of an organisation's global evolution. 
B) A joint venture is a specific type of strategic alliance. 
C) Strategic alliances and foreign subsidiaries are essentially the same. 
D) Licensing is primarily used by service organisations. 
E) 'Global sourcing' is another term for 'importing'. 
A) Creating a foreign subsidiary usually occurs at an early stage of an organisation's global evolution. 
B) A joint venture is a specific type of strategic alliance. 
C) Strategic alliances and foreign subsidiaries are essentially the same. 
D) Licensing is primarily used by service organisations. 
E) 'Global sourcing' is another term for 'importing'.

Question 18

A world-oriented view that focuses on using the best approaches and people from around the globe is referred to as ________.

Accepted Answer

A) ethnocentric 
B) polycentric 
C) geocentric 
D) international 
E) global 
A) ethnocentric 
B) polycentric 
C) geocentric 
D) international 
E) global

Question 19

In a short essay, describe three major regional trading alliances.

Accepted Answer

1. The European Union (EU)is an economic

Question 20

The geocentric attitude is a ________ view.

Accepted Answer

A) nationalistic 
B) world-oriented 
C) culture-bound 
D) franchise-based 
E) best management approach 
A) nationalistic 
B) world-oriented 
C) culture-bound 
D) franchise-based 
E) best management approach

When organisations first go international, they often start with global sourcing.

Which of the following would you find in a country with a high power distance?

Geocentric views centre on ________.

Managers with a polycentric attitude would view every foreign operation as different and hard to understand.

According to the textbook, Australia is very different to Portugal in terms of ________.

Managerial concern about international tax policies ________.

Which of the following is the least favourable attitude for an Australian or New Zealand manager who wishes to be successful in international business?

Australia and New Zealand have traditionally produced highly tradeable products for the international market.

In a short essay, list and discuss three important international environmental factors for any manager, regardless of national origin, who has to manage in a foreign environment.

Australia and New Zealand are examples of countries with lower power distance.

The feeling of confusion, disorientation and emotional upheaval caused by being immersed in a new culture is known as ________.

A geocentric attitude is characterised by parochialism.

What is the goal of the World Trade Organization?

A(n)________ attitude is a parochialist belief that home-country practices are best.

Which of the following factors does NOT represent a difficulty that Australian and New Zealand companies face when they try to go international?

Which of the following would you consider to be a true statement?

A world-oriented view that focuses on using the best approaches and people from around the globe is referred to as ________.

In a short essay, describe three major regional trading alliances.

The geocentric attitude is a ________ view.

Managers in the Workplace

Management History

Managing the External Environment and Organisational Culture

Social Responsibility and Managerial Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Managerial Controls

Managing Operations

Organisational Structure and Design

Managing Teams

Managing Human Resources

Understanding and Managing Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Filters

Exam 4: Managing in a Global Environment

When organisations first go international, they often start with global sourcing.

Which of the following would you find in a country with a high power distance?

Geocentric views centre on ________.

Managers with a polycentric attitude would view every foreign operation as different and hard to understand.

According to the textbook, Australia is very different to Portugal in terms of ________.

Managerial concern about international tax policies ________.

Which of the following is the least favourable attitude for an Australian or New Zealand manager who wishes to be successful in international business?

Australia and New Zealand have traditionally produced highly tradeable products for the international market.

In a short essay, list and discuss three important international environmental factors for any manager, regardless of national origin, who has to manage in a foreign environment.

Australia and New Zealand are examples of countries with lower power distance.

The feeling of confusion, disorientation and emotional upheaval caused by being immersed in a new culture is known as ________.

A geocentric attitude is characterised by parochialism.

What is the goal of the World Trade Organization?

A(n)________ attitude is a parochialist belief that home-country practices are best.

Which of the following factors does NOT represent a difficulty that Australian and New Zealand companies face when they try to go international?

Which of the following would you consider to be a true statement?

A world-oriented view that focuses on using the best approaches and people from around the globe is referred to as ________.

In a short essay, describe three major regional trading alliances.

The geocentric attitude is a ________ view.

Managers in the Workplace

Management History

Managing the External Environment and Organisational Culture

Social Responsibility and Managerial Ethics

Managers As Decision Makers

Managing Change and Innovation

Foundations of Planning

Strategic Management

Managerial Controls

Managing Operations

Organisational Structure and Design

Managing Teams

Managing Human Resources

Understanding and Managing Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Filters