Exam 3: Managing in a Global Environment

__________ companies are truly world-oriented and favor no specific country.

A.R.C.is a large nonprofit humanitarian aid organization that has been forced to pull out of several African markets in recent years due to civil wars and large-scale violence.This demonstrates which of the following frequently cited problems for international companies?

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Which of the following countries has feminine values?

As of February 2016, over one hundred countries were members of the World Trade Organization (WTO).

Kim, a Japanese expatriate working in Denmark, tends to use communication primarily to build personal social relationships.She feels that relationships and trust are more important than business.Kim is surprised that her business associates in Denmark do not share the same views.Based on this information, Kim most likely grew up in which of the following types of culture?

Describe how India has taken a different path than China toward economic development.

The least costly and least risky direct investment is called a greenfield venture.

An MNC typically receives more than 50 percent of its total sales revenue from operations outside the parent's home country.

The legal-political environment includes ______.

One of the major reasons that there is uncertainty and unrest for countries that have joined the European Union is ______.

MNCs that are oriented toward the markets of individual foreign host countries are considered __________.

The primary emphasis of polycentric companies is on their home countries.

List the four initial dimensions of national value systems identified by Dutch scientist Geert Hofstede.

For the past several years, foreign companies have invested more business in Russia than they spent anywhere else in the world.

The bottom-of-the-pyramid (BOP) concept proposes that corporations can alleviate poverty and other social ills, as well as make significant profits, by selling to the world's poorest people.

Countries with individualist values include the United States, Canada, and Great Britain.

Ethnocentrism makes managers downgrade or dismiss their home cultures.

Which of the following reflects the most common approach companies often use to enter the international arena?

__________ environments are especially effective where creativity is essential.