Question 1

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

Accepted Answer

A) exporting 
B) franchising 
C) strategic alliances 
D) foreign subsidiary 
A) exporting 
B) franchising 
C) strategic alliances 
D) foreign subsidiary

Question 2

Cultural intelligence consists of intellectual capital,psychological capital,and social capital.

Accepted Answer

A) True 
 B)False

Question 3

Managers with a(n)________ attitude view every foreign operation as different and hard to understand.

Accepted Answer

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

Question 4

A joint venture is a specific type of ________.

Accepted Answer

A) licensing agreement 
B) franchise 
C) foreign subsidiary 
D) strategic alliance 
A) licensing agreement 
B) franchise 
C) foreign subsidiary 
D) strategic alliance

Question 5

A multidomestic corporation maintains significant operations in multiple countries but centralizes management decision-making in the home country.

Accepted Answer

A) True 
 B)False

Question 6

The polycentric attitude is a world-oriented view that focuses on using the best approaches and people from around the globe.

Accepted Answer

A) True 
 B)False

Question 7

Bill Sanderson,a manager in a manufacturing firm in Toronto,has a tendency to view the world solely through his Canadian perspective.What can be deduced about his attitude?

Accepted Answer

A) He has an elitist attitude. 
B) He has a polycentric attitude. 
C) He has a parochialistic attitude. 
D) He has a geocentric attitude. 
A) He has an elitist attitude. 
B) He has a polycentric attitude. 
C) He has a parochialistic attitude. 
D) He has a geocentric attitude.

Question 8

A country that is assertive,believes in acquiring money and goods,and is competitive in nature is said to ________.

Accepted Answer

A) have a high power distance 
B) be achievement oriented 
C) have a long-term orientation 
D) have low risk tolerance 
A) have a high power distance 
B) be achievement oriented 
C) have a long-term orientation 
D) have low risk tolerance

Question 9

Borderless organizations approach global business with a(n)________ attitude.

Accepted Answer

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

Question 10

Part of OECD's mission is to help raise the standard of living in member countries.

Accepted Answer

A) True 
 B)False

Question 11

According to the GLOBE rankings,the U.S.is considered low on the dimensions of assertiveness and performance orientation.

Accepted Answer

A) True 
 B)False

Question 12

Managers who exhibit behaviour and knowledge of managing in different cross-cultural situations are showing ________.

Accepted Answer

A) geocentric behaviour 
B) ethnocentric attitude 
C) cultural intelligence 
D) cultural approach 
A) geocentric behaviour 
B) ethnocentric attitude 
C) cultural intelligence 
D) cultural approach

Question 13

An ethnocentric attitude ________.

Accepted Answer

A) prompts managers to have a global view and look for the best approaches and people regardless of origin 
B) is the belief that the home country has the best work approaches and practices 
C) is the view that employees in the host country know the best work approaches and practices 
D) gives a manager a much broader understanding of what it takes to manage in a global environment 
A) prompts managers to have a global view and look for the best approaches and people regardless of origin 
B) is the belief that the home country has the best work approaches and practices 
C) is the view that employees in the host country know the best work approaches and practices 
D) gives a manager a much broader understanding of what it takes to manage in a global environment

Question 14

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Accepted Answer

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

Question 15

Licensing and franchising are similar approaches involving one organization giving another organization the right to use its brand name,technology,or product specifications in return for a lump sum payment or a fee usually based on sales.

Accepted Answer

A) True 
 B)False

Question 16

The European Expansion (Scenario)
As a manager at a growing Canadian company, Samantha has been asked to develop a strategy to expand the company's operations into the European market. Although the company president has provided some basic guidelines about acceptable levels of risk and investment, there are still many factors in the legal-political, economic, and cultural environments that Samantha must take into consideration in her proposal.
-Samantha is considering whether her company should open a subsidiary in Germany or Italy.She is wondering which country's culture would be better suited to her company,since research indicates that ________.

Accepted Answer

A) organizational culture has a greater effect on employees than national culture 
B) national culture has a greater effect on employees than organizational culture 
C) organizational culture has a greater effect on employees than employment laws 
D) national culture has a greater effect on employees than economic conditions 
A) organizational culture has a greater effect on employees than national culture 
B) national culture has a greater effect on employees than organizational culture 
C) organizational culture has a greater effect on employees than employment laws 
D) national culture has a greater effect on employees than economic conditions

Question 17

International Entrepreneurs (Scenario)
Jennifer and James have formed an entrepreneurial venture to develop software for banks and other financial institutions. Their company is growing, but in looking for opportunities in the future, they decide to explore international operations.
-As their international operations grew,Jennifer and James decided to decentralize management and hire foreign nationals to run the business in their local countries.Their firm has developed into a ________.

Accepted Answer

A) multidomestic corporation 
B) global corporation 
C) strategic alliance 
D) joint venture 
A) multidomestic corporation 
B) global corporation 
C) strategic alliance 
D) joint venture

Question 18

Planned economies encourage free markets to induce domestic growth.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is a trading alliance of Southeast Asian nations?

Accepted Answer

A) NAFTA 
B) MERCOSUR 
C) APEC 
D) ASEAN 
A) NAFTA 
B) MERCOSUR 
C) APEC 
D) ASEAN

Question 20

Strategic alliances are partnerships between a domestic and a foreign company in which both share resources and knowledge in developing new products or building production facilities.

Accepted Answer

A) True 
 B)False

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

Cultural intelligence consists of intellectual capital,psychological capital,and social capital.

Managers with a(n)________ attitude view every foreign operation as different and hard to understand.

A joint venture is a specific type of ________.

A multidomestic corporation maintains significant operations in multiple countries but centralizes management decision-making in the home country.

The polycentric attitude is a world-oriented view that focuses on using the best approaches and people from around the globe.

Bill Sanderson,a manager in a manufacturing firm in Toronto,has a tendency to view the world solely through his Canadian perspective.What can be deduced about his attitude?

A country that is assertive,believes in acquiring money and goods,and is competitive in nature is said to ________.

Borderless organizations approach global business with a(n)________ attitude.

Part of OECD's mission is to help raise the standard of living in member countries.

According to the GLOBE rankings,the U.S.is considered low on the dimensions of assertiveness and performance orientation.

Managers who exhibit behaviour and knowledge of managing in different cross-cultural situations are showing ________.

An ethnocentric attitude ________.

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Licensing and franchising are similar approaches involving one organization giving another organization the right to use its brand name,technology,or product specifications in return for a lump sum payment or a fee usually based on sales.

Planned economies encourage free markets to induce domestic growth.

Which of the following is a trading alliance of Southeast Asian nations?

Strategic alliances are partnerships between a domestic and a foreign company in which both share resources and knowledge in developing new products or building production facilities.

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

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

Cultural intelligence consists of intellectual capital,psychological capital,and social capital.

Managers with a(n)________ attitude view every foreign operation as different and hard to understand.

A joint venture is a specific type of ________.

A multidomestic corporation maintains significant operations in multiple countries but centralizes management decision-making in the home country.

The polycentric attitude is a world-oriented view that focuses on using the best approaches and people from around the globe.

Bill Sanderson,a manager in a manufacturing firm in Toronto,has a tendency to view the world solely through his Canadian perspective.What can be deduced about his attitude?

A country that is assertive,believes in acquiring money and goods,and is competitive in nature is said to ________.

Borderless organizations approach global business with a(n)________ attitude.

Part of OECD's mission is to help raise the standard of living in member countries.

According to the GLOBE rankings,the U.S.is considered low on the dimensions of assertiveness and performance orientation.

Managers who exhibit behaviour and knowledge of managing in different cross-cultural situations are showing ________.

An ethnocentric attitude ________.

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Licensing and franchising are similar approaches involving one organization giving another organization the right to use its brand name,technology,or product specifications in return for a lump sum payment or a fee usually based on sales.

Planned economies encourage free markets to induce domestic growth.

Which of the following is a trading alliance of Southeast Asian nations?

Strategic alliances are partnerships between a domestic and a foreign company in which both share resources and knowledge in developing new products or building production facilities.

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