Exam 4: Managing in a Global Environment

Which of the following is NOT a feature of a multidomestic corporation?

Which of the following is NOT a member of the East African Community (EAC)?

________ is a cultural measure of the extent to which a society accepts the unequal distribution of power in institutions and organisations.

A Different View John has done well in his company.In only five years, he has risen to the position of divisional manager.However, he knows that in order to rise to the level of senior management he needs to spend some time managing abroad in his company's foreign subsidiaries.Although he has travelled to foreign countries for business and holidays, he has never lived abroad and wonders what differences he would find.He is considering applying for a new foreign-based position, but first wants to find out some basic differences between managing in Australia and managing in a foreign country.He researched the topic of international management and found many helpful facts about countries and their people. -Refer to A Different View (Scenario).As John was researching foreign assignments, he was interested in finding a country that is considered to have high ________, which emphasises the importance of relationships and shows sensitivity and concern for the welfare of others.

The Overseas Assignment Christopher has a degree in business administration and has worked for a major corporation for five years.He is offered a chance to work in another country. -Refer to The Overseas Assignment (Scenario).Through research on the internet, Christopher finds that in this country's social framework, people are expected to look after others in their family (or organisation)and protect them when they are in trouble.This society tends to support ________.

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

Which of the following would most likely occur last in an organisation's global evolution?

________ present(s)the greatest risk to an organisation going international.

According to the textbook, most organisations start doing business globally by ________.

In a short essay, explain the stages an organisation proceeds through when going international.

Which of the following international management concerns is the most difficult to gain information about?

From an economic standpoint, a threat to the global manager is________.

Mercosur is a trading group made up of South American countries.

Before the current round of regional trading alliances, what was international competition like?

A Foreign Alliance Talk As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on 'foreign trade'.You are requested to include the EU, ASEAN because many members believe that the extreme right of politics is correct when it asserts that Australia must protect Australian business and jobs.As you work through your notes, you are trying to decide on the best information you can present in the allotted half-hour. -Refer to A Foreign Alliance Talk (Scenario).You will close by giving a likely view of the future of the Australian and New Zealand Closer Economic Relations Agreement (CER)which suggests that ________.

The transnational corporation characterises the ethnocentric attitude towards the management of an organisation's global business.

Which of the following is a challenge to global management because of the openness required for global management to work?

Which of the following is NOT yet a member of the European Union?

Which of the following is usually found in the final stage of an organisation's global evolution?

The GLOBE framework for assessing cultures is similar to Hofstede's framework, but measures fewer dimensions.