Question 1

For which of the following products and services is China NOT the largest or second-largest market?

Accepted Answer

A) Mobile phones 
B) Automobiles 
C) Consumer electronics 
D) Luxury goods 
E) Farm equipment 
A) Mobile phones 
B) Automobiles 
C) Consumer electronics 
D) Luxury goods 
E) Farm equipment

Question 2

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

Accepted Answer

A) Franchising 
B) Licensing 
C) Market-entry strategy 
D) Outsourcing 
E) Activity 
A) Franchising 
B) Licensing 
C) Market-entry strategy 
D) Outsourcing 
E) Activity

Question 3

Austria's cultural preference is for achievement, heroism, assertiveness, work centrality, and material success.This would be considered ______.

Accepted Answer

A) power distance 
B) individualism 
C) masculinity 
D) ethnocentrism 
E) collectivism 
A) power distance 
B) individualism 
C) masculinity 
D) ethnocentrism 
E) collectivism

Question 4

In 2015, China had _______companies on the Fortune Global 500, up from only 16 in 2005.

Accepted Answer

The answer of In 2015, China had _______companies on the...

Question 5

__________ under U.S.$1,500 a year signifies membership in the "bottom of the pyramid."

Accepted Answer

The answer of __________ under U.S.$1,500 a year signifies membership...

Question 6

Identify and briefly explain two key legal-political challenges facing international firms.

Accepted Answer

Two key challenges are political risk, d

Question 7

The management of business operations in more than one country is conducted by _____ managers.

Accepted Answer

A) universal 
B) international 
C) outsourcing 
D) planning 
E) domestic 
A) universal 
B) international 
C) outsourcing 
D) planning 
E) domestic

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

There are three main strategies for entering the international arena.Name and compare these three strategies.

Accepted Answer

The three strategies are exporting, glob

Question 10

Explain NAFTA.

Accepted Answer

Taking effect in early 1994, the North A

Question 11

One popular type of partnership in which a company shares costs and risks with another firm is known as _______.

Accepted Answer

A) franchising 
B) a greenfield venture 
C) a joint venture 
D) exporting 
E) licensing 
A) franchising 
B) a greenfield venture 
C) a joint venture 
D) exporting 
E) licensing

Question 12

Political turmoil in __________, which has occurred off and on ever since the country came into existence following its independence from France in 1946, re-ignited as part of the Arab Spring.

Accepted Answer

The answer of Political turmoil in __________, which has occurred...

Question 13

Every manager today needs to think globally because the whole world is a source of business threats and opportunities.

Accepted Answer

A) True 
 B)False

Question 14

The __________ orientation found in China and other Asian countries includes a greater concern for the future and highly values thrift and perseverance.

Accepted Answer

The answer of The __________ orientation found in China and...

Question 15

Which of the following spurred the entry of small businesses into global arena?

Accepted Answer

A) GLOBE 
B) EU 
C) NAFTA 
D) ASEAN 
E) GATT 
A) GLOBE 
B) EU 
C) NAFTA 
D) ASEAN 
E) GATT

Question 16

__________ spent years patiently negotiating China's legal-political environment.

Accepted Answer

The answer of __________ spent years patiently negotiating China's legal-political...

Question 17

MNCs rarely demonstrate centralization of management.

Accepted Answer

A) True 
 B)False

Question 18

Briefly discuss the advantages of a bossless organization.

Accepted Answer

Bossless environments are especially eff

Question 19

Jana has a high tolerance for the unstructured, the unclear, and the unpredictable.She can best be described as having _______.

Accepted Answer

A) high uncertainty avoidance 
B) low uncertainty avoidance 
C) a high degree of individualism 
D) a low degree of individualism 
E) a low level of power distance 
A) high uncertainty avoidance 
B) low uncertainty avoidance 
C) a high degree of individualism 
D) a low degree of individualism 
E) a low level of power distance

Question 20

Which of the following countries did not sign the Trans-Pacific Strategic Economic Partnership Agreement in 2005?

Accepted Answer

A) Australia 
B) Brunei 
C) Chile 
D) New Zealand 
E) Singapore 
A) Australia 
B) Brunei 
C) Chile 
D) New Zealand 
E) Singapore

For which of the following products and services is China NOT the largest or second-largest market?

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

Austria's cultural preference is for achievement, heroism, assertiveness, work centrality, and material success.This would be considered ______.

In 2015, China had _______companies on the Fortune Global 500, up from only 16 in 2005.

__________ under U.S.$1,500 a year signifies membership in the "bottom of the pyramid."

Identify and briefly explain two key legal-political challenges facing international firms.

The management of business operations in more than one country is conducted by _____ managers.

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

There are three main strategies for entering the international arena.Name and compare these three strategies.

Explain NAFTA.

One popular type of partnership in which a company shares costs and risks with another firm is known as _______.

Political turmoil in __________, which has occurred off and on ever since the country came into existence following its independence from France in 1946, re-ignited as part of the Arab Spring.

Every manager today needs to think globally because the whole world is a source of business threats and opportunities.

The __________ orientation found in China and other Asian countries includes a greater concern for the future and highly values thrift and perseverance.

Which of the following spurred the entry of small businesses into global arena?

__________ spent years patiently negotiating China's legal-political environment.

MNCs rarely demonstrate centralization of management.

Briefly discuss the advantages of a bossless organization.

Jana has a high tolerance for the unstructured, the unclear, and the unpredictable.She can best be described as having _______.

Which of the following countries did not sign the Trans-Pacific Strategic Economic Partnership Agreement in 2005?

The World of Innovative Management

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Planning and Goal Setting

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Talent and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 3: Managing in a Global Environment

For which of the following products and services is China NOT the largest or second-largest market?

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

Austria's cultural preference is for achievement, heroism, assertiveness, work centrality, and material success.This would be considered ______.

In 2015, China had _______companies on the Fortune Global 500, up from only 16 in 2005.

__________ under U.S.$1,500 a year signifies membership in the "bottom of the pyramid."

Identify and briefly explain two key legal-political challenges facing international firms.

The management of business operations in more than one country is conducted by _____ managers.

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

There are three main strategies for entering the international arena.Name and compare these three strategies.

Explain NAFTA.

One popular type of partnership in which a company shares costs and risks with another firm is known as _______.

Political turmoil in __________, which has occurred off and on ever since the country came into existence following its independence from France in 1946, re-ignited as part of the Arab Spring.

Every manager today needs to think globally because the whole world is a source of business threats and opportunities.

The __________ orientation found in China and other Asian countries includes a greater concern for the future and highly values thrift and perseverance.

Which of the following spurred the entry of small businesses into global arena?

__________ spent years patiently negotiating China's legal-political environment.

MNCs rarely demonstrate centralization of management.

Briefly discuss the advantages of a bossless organization.

Jana has a high tolerance for the unstructured, the unclear, and the unpredictable.She can best be described as having _______.

Which of the following countries did not sign the Trans-Pacific Strategic Economic Partnership Agreement in 2005?

The World of Innovative Management

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Planning and Goal Setting

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Talent and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters