Question 1

A command economy is one in which resources are primarily owned and controlled by the private sector.

Accepted Answer

A) True 
 B)False  False

Question 2

World Bank promotes long-term economic development and poverty reduction by providing financial support for member countries.

Accepted Answer

A) True 
 B)False  True

Question 3

EFTA is a trading block that forms a combined free-trade zone with the EU.

Accepted Answer

A) True 
 B)False  True

Question 4

Research indicates that organizational culture has a stronger impact on employees than national culture.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following statements is TRUE regarding the European Union?

Accepted Answer

A) Its membership,originally at 12 countries,now stands at more than twice that number. 
B) The member countries have unanimously chosen to adopt a single currency. 
C) Other European countries are avoiding trade relationships with the European Union. 
D) The European Union was originally formed to help European countries reassert their economic position against the strength of the U.S.and Japan. 
A) Its membership,originally at 12 countries,now stands at more than twice that number. 
B) The member countries have unanimously chosen to adopt a single currency. 
C) Other European countries are avoiding trade relationships with the European Union. 
D) The European Union was originally formed to help European countries reassert their economic position against the strength of the U.S.and Japan.

Question 6

Cadbury Schweppes PLC is a large beverage and candy producer based in London,England.They distribute many well-known brands in Canada,and trust their Canadian managers to make key decisions about what's best for the Canadian market.Cadbury Schweppes's global perspective is best described as ________.

Accepted Answer

A) parochialistic 
B) ethnocentric 
C) polycentric 
D) geocentric 
A) parochialistic 
B) ethnocentric 
C) polycentric 
D) geocentric

Question 7

Member countries of the EU have unanimously chosen to adopt the euro as their official currency.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following international expansion strategies involves the lowest level of risk and investment?

Accepted Answer

A) exporting 
B) franchising 
C) licensing 
D) strategic alliances 
A) exporting 
B) franchising 
C) licensing 
D) strategic alliances

Question 9

The focus on centralized management in global companies reflects a(n)________ attitude.

Accepted Answer

A) ethnocentric 
B) polycentric 
C) multicentric 
D) geocentric 
A) ethnocentric 
B) polycentric 
C) multicentric 
D) geocentric

Question 10

Sasha is also considering Sweden,where people emphasize relationships and concern for others.Sweden is considered high on which of the following dimensions?

Accepted Answer

A) power distance 
B) long-term orientation 
C) collectivism 
D) nurturing 
A) power distance 
B) long-term orientation 
C) collectivism 
D) nurturing

Question 11

Three economic issues that a global manager might need to understand include ________.

Accepted Answer

A) tax policies,political stability,and cultural differences 
B) tax policies,employment laws,and cultural differences 
C) employment laws,currency exchange rates,and political stability 
D) currency exchange rates,inflation rates,and tax policies 
A) tax policies,political stability,and cultural differences 
B) tax policies,employment laws,and cultural differences 
C) employment laws,currency exchange rates,and political stability 
D) currency exchange rates,inflation rates,and tax policies

Question 12

A Speech on Trade Alliances (Scenario)
As manager of the international department for your company, you have been asked by the local Chamber of Commerce to deliver a speech on global trade. The presentation should include an overview of the world's major trade alliances and mechanisms that promote global trade. The Chamber president has also asked you to comment on a recent quote by a local politician, who stated: "NAFTA has been a bad deal for Canada and it continues to weaken our economy." As you review your notes, you wonder how you will fit all the information into the allotted half-hour presentation time!
-As a starting point you explain that the European Union covers a population base consisting of 7 percent of the world population.It currently has ________ member countries.

Accepted Answer

A) 15 
B) 27 
C) 18 
D) 32 
A) 15 
B) 27 
C) 18 
D) 32

Question 13

The ________ decentralizes its management and other decisions to the local country.

Accepted Answer

A) multidomestic corporation 
B) global company 
C) transnational organization 
D) borderless organization 
A) multidomestic corporation 
B) global company 
C) transnational organization 
D) borderless organization

Question 14

Which of the following types of multinational corporations reflect the geocentric attitude?

Accepted Answer

A) multidomestic corporation 
B) transnational organization 
C) global company 
D) regional organization 
A) multidomestic corporation 
B) transnational organization 
C) global company 
D) regional organization

Question 15

________ is a national culture attribute that reflects the emphasis placed upon relationships and concern for others.

Accepted Answer

A) In-group collectivism 
B) Uncertainty avoidance 
C) Achievement 
D) Nurturing 
A) In-group collectivism 
B) Uncertainty avoidance 
C) Achievement 
D) Nurturing

Question 16

From a cultural standpoint,research indicates that ________ has a greater effect on employees than ________.

Accepted Answer

A) organizational culture; national culture 
B) employment law; national culture 
C) national culture; employment law 
D) national culture; organizational culture 
A) organizational culture; national culture 
B) employment law; national culture 
C) national culture; employment law 
D) national culture; organizational culture

Question 17

Which of the following is a key drawback of the ethnocentric attitude?

Accepted Answer

A) simpler structure 
B) tighter control 
C) inflexibility 
D) reduced efficiency 
A) simpler structure 
B) tighter control 
C) inflexibility 
D) reduced efficiency

Question 18

An organization decides to go international.Which of the following steps should it take to do so with a minimal investment?

Accepted Answer

A) exporting 
B) global sourcing 
C) franchising 
D) licensing 
A) exporting 
B) global sourcing 
C) franchising 
D) licensing

Question 19

In a short essay,describe and discuss the differing global attitudes that influence managerial and organizational behaviour.

Accepted Answer

1.Parochialism is when a person views th

Question 20

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

Accepted Answer

A) True 
 B)False

A command economy is one in which resources are primarily owned and controlled by the private sector.

World Bank promotes long-term economic development and poverty reduction by providing financial support for member countries.

EFTA is a trading block that forms a combined free-trade zone with the EU.

Research indicates that organizational culture has a stronger impact on employees than national culture.

Which of the following statements is TRUE regarding the European Union?

Member countries of the EU have unanimously chosen to adopt the euro as their official currency.

Which of the following international expansion strategies involves the lowest level of risk and investment?

The focus on centralized management in global companies reflects a(n)________ attitude.

Sasha is also considering Sweden,where people emphasize relationships and concern for others.Sweden is considered high on which of the following dimensions?

Three economic issues that a global manager might need to understand include ________.

The ________ decentralizes its management and other decisions to the local country.

Which of the following types of multinational corporations reflect the geocentric attitude?

________ is a national culture attribute that reflects the emphasis placed upon relationships and concern for others.

From a cultural standpoint,research indicates that has a greater effect on employees than .

Which of the following is a key drawback of the ethnocentric attitude?

An organization decides to go international.Which of the following steps should it take to do so with a minimal investment?

In a short essay,describe and discuss the differing global attitudes that influence managerial and organizational behaviour.

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

Introduction to Management and Organizations

Organizational Culture and the Organizational Environment

Managing Diversity

Managing Entrepreneurially

Managing Responsibly and Ethically

Innovation and Adaptability

Decision Making

Foundations of Planning

Managing Strategically

Designing Organizational Structure

Managers and Communication

Managing Human Resources

Leadership

Motivating Employees

Managing Groups and Teams

Evidence-Based Decision Making

Filters

Exam 4: Managing in a Global Environment

A command economy is one in which resources are primarily owned and controlled by the private sector.

World Bank promotes long-term economic development and poverty reduction by providing financial support for member countries.

EFTA is a trading block that forms a combined free-trade zone with the EU.

Research indicates that organizational culture has a stronger impact on employees than national culture.

Which of the following statements is TRUE regarding the European Union?

Member countries of the EU have unanimously chosen to adopt the euro as their official currency.

Which of the following international expansion strategies involves the lowest level of risk and investment?

The focus on centralized management in global companies reflects a(n)________ attitude.

Sasha is also considering Sweden,where people emphasize relationships and concern for others.Sweden is considered high on which of the following dimensions?

Three economic issues that a global manager might need to understand include ________.

The ________ decentralizes its management and other decisions to the local country.

Which of the following types of multinational corporations reflect the geocentric attitude?

________ is a national culture attribute that reflects the emphasis placed upon relationships and concern for others.

From a cultural standpoint,research indicates that ________ has a greater effect on employees than ________.

Which of the following is a key drawback of the ethnocentric attitude?

An organization decides to go international.Which of the following steps should it take to do so with a minimal investment?

In a short essay,describe and discuss the differing global attitudes that influence managerial and organizational behaviour.

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.

Introduction to Management and Organizations

Organizational Culture and the Organizational Environment

Managing Diversity

Managing Entrepreneurially

Managing Responsibly and Ethically

Innovation and Adaptability

Decision Making

Foundations of Planning

Managing Strategically

Designing Organizational Structure

Managers and Communication

Managing Human Resources

Leadership

Motivating Employees

Managing Groups and Teams

Evidence-Based Decision Making

Filters

From a cultural standpoint,research indicates that has a greater effect on employees than .