Question 1

The international model of organizational structure consists of

Accepted Answer

A) large low-cost manufacturing facilities located in selected locations with products exported to various subsidiaries. 
B) subsidiaries located in countries where the company does business with much of the control exercised by the parent company. 
C) subsidiaries located in countries where the company does business with much of the control exercised by the subsidiaries. 
D) manufacturing various components at appropriate sites and assembling the components at national subsidiaries. 
E) global services. 
A) large low-cost manufacturing facilities located in selected locations with products exported to various subsidiaries. 
B) subsidiaries located in countries where the company does business with much of the control exercised by the parent company. 
C) subsidiaries located in countries where the company does business with much of the control exercised by the subsidiaries. 
D) manufacturing various components at appropriate sites and assembling the components at national subsidiaries. 
E) global services. B

Question 2

An advantage of joint ventures in the international marketplace is

Accepted Answer

A) the local partner may have a greater knowledge of local consumer tastes and preferences. 
B) the local partner may have a greater understanding of local business practices and regulations. 
C) costs of developing the new market are shared with the joint venture partner. 
D) the risks of entering the new market are shared with the joint venture partner. 
E) All of the above are advantages of joint ventures. 
A) the local partner may have a greater knowledge of local consumer tastes and preferences. 
B) the local partner may have a greater understanding of local business practices and regulations. 
C) costs of developing the new market are shared with the joint venture partner. 
D) the risks of entering the new market are shared with the joint venture partner. 
E) All of the above are advantages of joint ventures. E

Question 3

__________ is the tendency to judge others by the standards of one's group or culture,which are seen as superior.

Accepted Answer

A) Individualism 
B) Power distance 
C) Uncertainty avoidance 
D) Ethnocentrism 
E) Expatriotism 
A) Individualism 
B) Power distance 
C) Uncertainty avoidance 
D) Ethnocentrism 
E) Expatriotism D

Question 4

Steps for establishing and reinforcing the codes of conduct for international business include which of the following steps?

Accepted Answer

A) Communicating the company's values 
B) Taking action when standards are violated 
C) Measuring ethical performance 
D) Rewarding people for meeting ethical standards 
E) All of the above are steps for establishing and reinforcing international codes of conduct. 
A) Communicating the company's values 
B) Taking action when standards are violated 
C) Measuring ethical performance 
D) Rewarding people for meeting ethical standards 
E) All of the above are steps for establishing and reinforcing international codes of conduct.

Question 5

The least preferred strategy when a company's competitive advantage is based on technology is the wholly owned subsidiary.

Accepted Answer

A) True 
 B)False

Question 6

Scenario B. Tim and his wife were having a few friends over for dinner, many of whom Tim knew from an international management association to which he belonged. Tim's company provides the programming needed to download maps of world areas from satellites and then the firm sells these maps via the Internet to firms, countries, and others around the world. Sally, a guest at the party, bakes cookies for a living. Her recipe is so well-liked that her company has grown dramatically. She now has sold the right to manufacture and recipe for her cookies to a firm in Eastern Europe. Mac is a director at McDonald's and is a guest along with his wife, Mary, who works for Hershey. Finally Samantha works for EDS and is soon to go abroad to visit a firm that EDS is considering acquiring so that it can keep its technology proprietary. Conversation was lively and the guests at one point were speaking about the way that the company they own or work for decided to "go global."
-McDonald's uses __________ to participate in the global marketplace.

Accepted Answer

A) licensing 
B) franchising 
C) exporting 
D) joint ventures 
E) wholly owned subsidiaries 
A) licensing 
B) franchising 
C) exporting 
D) joint ventures 
E) wholly owned subsidiaries

Question 7

The model which is appropriate where global efficiency is not required but adapting to local conditions offers advantages is the __________ model.

Accepted Answer

A) international 
B) multinational 
C) global 
D) transnational 
E) domestic 
A) international 
B) multinational 
C) global 
D) transnational 
E) domestic

Question 8

Which country does the text describe as having become an important provider of online computer and software support for the U.S.?

Accepted Answer

A) Egypt 
B) Great Britain 
C) India 
D) Mexico 
E) Taiwan 
A) Egypt 
B) Great Britain 
C) India 
D) Mexico 
E) Taiwan

Question 9

The multinational model of organization structure consists of

Accepted Answer

A) large low-cost manufacturing facilities located in selected locations with products exported to various subsidiaries. 
B) subsidiaries located in countries where the company does business with much of the control exercised by the parent company. 
C) subsidiaries located in countries where the company does business with much of the control exercised by the subsidiaries. 
D) manufacturing various components at appropriate sites and assembling the components at national subsidiaries. 
E) extensive use of offshoring. 
A) large low-cost manufacturing facilities located in selected locations with products exported to various subsidiaries. 
B) subsidiaries located in countries where the company does business with much of the control exercised by the parent company. 
C) subsidiaries located in countries where the company does business with much of the control exercised by the subsidiaries. 
D) manufacturing various components at appropriate sites and assembling the components at national subsidiaries. 
E) extensive use of offshoring.

Question 10

Universal needs exist when the tastes and preferences of consumers in different countries,with regard to a product,are similar.

Accepted Answer

A) True 
 B)False

Question 11

Off shoring occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

Accepted Answer

A) True 
 B)False

Question 12

____________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

Accepted Answer

A) International development 
B) Outsourcing 
C) Offshoring 
D) Expatriation 
E) Franchising 
A) International development 
B) Outsourcing 
C) Offshoring 
D) Expatriation 
E) Franchising

Question 13

One consequence of an increasingly integrated global economy is imports that are penetrating deeper into the world's largest economies.

Accepted Answer

A) True 
 B)False

Question 14

The Maastricht Treaty formally established the trade area in North America.

Accepted Answer

A) True 
 B)False

Question 15

Laura,Inc. ,a women's clothing manufacturer is a company that views the entire world as one market and assumes that there are no tangible differences among countries with regard to consumer tastes and preferences.Laura,Inc.illustrates the __________ model of organizational structure.

Accepted Answer

A) international 
B) multinational 
C) global 
D) transnational 
E) intranational model 
A) international 
B) multinational 
C) global 
D) transnational 
E) intranational model

Question 16

The disorientation and stress associated with being in a foreign environment is termed

Accepted Answer

A) foreign mores. 
B) homesickness. 
C) culture shock. 
D) out-of-country experience. 
E) uncertainty distance. 
A) foreign mores. 
B) homesickness. 
C) culture shock. 
D) out-of-country experience. 
E) uncertainty distance.

Question 17

Scenario A. Suppose you are a consultant for three companies with international operations. Each of them has selected a different global strategy. Alpha Company uses their established skills in producing widgets which they will sell in foreign markets. Beta Company produces locally-targeted wines for which they have built specialized plants in each local region. Gamma Company has a single worldwide corporate headquarters from which they centrally manage the entire company's operations. Finally, Delta company is located in Wazomia where wages are quite low, and produces large pieces of widgets that are fairly easy to manufacture, requiring little employee skill level. These pieces are then sent to its locations abroad to be finished by a more skilled workforce taking into account the customs and benefits desired by each of those particular populations.
-Which global strategy is Alpha Company using?

Accepted Answer

A) global 
B) international 
C) transnational 
D) multinational 
E) domestic 
A) global 
B) international 
C) transnational 
D) multinational 
E) domestic

Question 18

Which of the models of organization structure depends most heavily on communication and coordination between subsidiaries?

Accepted Answer

A) The global model 
B) The transnational model 
C) The international model 
D) The worldwide model 
E) The multinational model 
A) The global model 
B) The transnational model 
C) The international model 
D) The worldwide model 
E) The multinational model

Question 19

In the international model,managers use their organization's existing core capabilities to expand into foreign markets.

Accepted Answer

A) True 
 B)False

Question 20

Scenario C. Marion is an American and has just accepted an international assignment in Sweden. On her first day in the office, she met several new colleagues. Lars is the manager of the office and is a Swedish citizen; he has been with the company for five years. Sylvie is from France and has also just come to Sweden to work for the company, which is based in the United States.
-As Marion has not ever worked outside the United States before,how should she think about her new assignment,now that she has arrived in the office in Sweden?

Accepted Answer

A) She should engage in self-evaluation. 
B) She should think of the assignment as a vertical promotion. 
C) She should assume Sweden is very similar to the U.S. 
D) She should behave as she did at home in the meetings she will attend. 
E) She should seek social support. 
A) She should engage in self-evaluation. 
B) She should think of the assignment as a vertical promotion. 
C) She should assume Sweden is very similar to the U.S. 
D) She should behave as she did at home in the meetings she will attend. 
E) She should seek social support.

The international model of organizational structure consists of

An advantage of joint ventures in the international marketplace is

__________ is the tendency to judge others by the standards of one's group or culture,which are seen as superior.

Steps for establishing and reinforcing the codes of conduct for international business include which of the following steps?

The least preferred strategy when a company's competitive advantage is based on technology is the wholly owned subsidiary.

The model which is appropriate where global efficiency is not required but adapting to local conditions offers advantages is the __________ model.

Which country does the text describe as having become an important provider of online computer and software support for the U.S.?

The multinational model of organization structure consists of

Universal needs exist when the tastes and preferences of consumers in different countries,with regard to a product,are similar.

Off shoring occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

____________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

One consequence of an increasingly integrated global economy is imports that are penetrating deeper into the world's largest economies.

The Maastricht Treaty formally established the trade area in North America.

Laura,Inc. ,a women's clothing manufacturer is a company that views the entire world as one market and assumes that there are no tangible differences among countries with regard to consumer tastes and preferences.Laura,Inc.illustrates the __________ model of organizational structure.

The disorientation and stress associated with being in a foreign environment is termed

Which of the models of organization structure depends most heavily on communication and coordination between subsidiaries?

In the international model,managers use their organization's existing core capabilities to expand into foreign markets.

Managing

The External Environment and Organizational Culture

Managerial Decision Making

Planning and Strategic Management

Ethics and Corporate Responsibility

Entrepreneurship

Organization Structure

Organizational Agility

Human Resources Management

Managing the Diverse Workforce

Leadership

Motivating for Performance

Team-Work

Communicating

Managerial Control

Managing Technology and Innovation

Creating and Managing Change

Filters

Exam 6: International Management

The international model of organizational structure consists of

An advantage of joint ventures in the international marketplace is

__________ is the tendency to judge others by the standards of one's group or culture,which are seen as superior.

Steps for establishing and reinforcing the codes of conduct for international business include which of the following steps?

The least preferred strategy when a company's competitive advantage is based on technology is the wholly owned subsidiary.

The model which is appropriate where global efficiency is not required but adapting to local conditions offers advantages is the __________ model.

Which country does the text describe as having become an important provider of online computer and software support for the U.S.?

The multinational model of organization structure consists of

Universal needs exist when the tastes and preferences of consumers in different countries,with regard to a product,are similar.

Off shoring occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

____________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

One consequence of an increasingly integrated global economy is imports that are penetrating deeper into the world's largest economies.

The Maastricht Treaty formally established the trade area in North America.

Laura,Inc. ,a women's clothing manufacturer is a company that views the entire world as one market and assumes that there are no tangible differences among countries with regard to consumer tastes and preferences.Laura,Inc.illustrates the __________ model of organizational structure.

The disorientation and stress associated with being in a foreign environment is termed

Which of the models of organization structure depends most heavily on communication and coordination between subsidiaries?

In the international model,managers use their organization's existing core capabilities to expand into foreign markets.

Managing

The External Environment and Organizational Culture

Managerial Decision Making

Planning and Strategic Management

Ethics and Corporate Responsibility

Entrepreneurship

Organization Structure

Organizational Agility

Human Resources Management

Managing the Diverse Workforce

Leadership

Motivating for Performance

Team-Work

Communicating

Managerial Control

Managing Technology and Innovation

Creating and Managing Change

Filters