Exam 6: Managing in the Global Environment

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Which of the following is true of folkways?

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C

Nadine belongs to an egalitarian society, one in which few distinctions are made between individuals and groups. Her society is low on _____.

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D

Unlike previous generations, salespeople today can work from home offices, communicate with colleagues in different parts of the world almost instantly, and commute electronically to work. This flexibility is due to changes in_____.

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D

Economic forces are outcomes of changes in, or changing attitudes toward, the characteristics of a population, such as age, gender, ethnic origin, race, sexual orientation, and social class.

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Greg belongs to a society which makes very few distinctions between people and groups. This is reflected in his company, Sonata DCM, the managers of which represent several different classes and cultures. The society to which he belongs is _____.

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Inflation is an example of a(n) _____ force in an organization's environment.

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Discuss the four principal forms of capital that flow between countries.

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Which of the following, according to Hofstede, is characteristic of societies with low power distance?

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Global outsourcing has grown enormously to take advantage of differences in the cost and quality of resources available in different countries.

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Define tariffs and discuss the consequences of both increasing and removing import-tariffs.

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Potential competitors are organizations that are not presently in a task environment but have the resources to enter if they so choose.

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Define globalization and explain why the global market is becoming more open.

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_____ capital flows through the processes of overseas investment, credit, lending, and aid.

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Which of the following is true of political capital?

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The more difficult it is to enter the task environment:

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Max belongs to a society which is rigid and skeptical about people whose behaviors or beliefs differ from the norm. His society also values warm, personal relationships over success and performance. According to Hofstede's model of national culture, which of the following is true of his society?

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Which of the following is the result of globalization?

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Jay's Furniture Factory gets its raw material from the local timber yard. The timber yard acts as Jay's _____.

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An organization that is not presently in a task environment but has the resources to enter if it so chooses is called a potential _____.

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Forces in the general environment do not require continuous monitoring because they do not affect ongoing decision making and planning.

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