Question 1

Go RVing, a U.S. company, built a subsidiary from scratch in England. This is an example of

Accepted Answer

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

Question 2

In countries where women are often in positions of high status, the Globe Project would describe that culture as high in ____.

Accepted Answer

A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  societal collectivism 
E)  performance orientation 
A)  assertiveness 
B)  uncertainty avoidance 
C)  gender differentiation 
D)  societal collectivism 
E)  performance orientation

Question 3

The second stage in the process of globalization is the international stage, where the company usually adopts a multidomestic approach.

Accepted Answer

A) True 
 B)False

Question 4

The sub-divisions of the international environment are the economic, the sociocultural, and the legal-political environments.

Accepted Answer

A) True 
 B)False

Question 5

Some economic environments of business include resource and product markets, language, religion, and per capita income.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is defined as a culture in which communication is used to enhance personal relationships?

Accepted Answer

A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture 
A)  Interpersonal culture 
B)  High-context culture 
C)  Power culture 
D)  Low-context culture 
E)  Family-oriented culture

Question 7

A country's physical facilities that support economic activities make up its ____________________.

Accepted Answer

The answer of A country's physical facilities that support economic...

Question 8

Which of the following pairs of alternatives closely resemble each other in the amount of ownership, control and risk obtained in operating international businesses?

Accepted Answer

A)  Direct investment/franchising 
B)  Wholly owned foreign affiliate/countertrade 
C)  Exporting/licensing 
D)  Franchising/licensing 
E)  All of these 
A)  Direct investment/franchising 
B)  Wholly owned foreign affiliate/countertrade 
C)  Exporting/licensing 
D)  Franchising/licensing 
E)  All of these

Question 9

____________________ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.

Accepted Answer

The answer of ____________________ means engaging in the international division...

Question 10

When an organization has a humanistic attitude, it values employees as an end in themselves.

Accepted Answer

A) True 
 B)False

Question 11

Countertrade is the barter of products for products rather than the sale of products for currency.

Accepted Answer

A) True 
 B)False

Question 12

Scenario - Sharon Cannon
Sharon Cannon was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all-expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be.
-The American firm joining in the joint venture

Accepted Answer

A)  faces lower risk than if it were using a wholly-owned foreign affiliate. 
B)  enjoys greater control than is it were using the wholly-owned affiliate. 
C)  can anticipate a lower cost than a company that uses global outscoring. 
D)  all of these. 
E)  none of these. 
A)  faces lower risk than if it were using a wholly-owned foreign affiliate. 
B)  enjoys greater control than is it were using the wholly-owned affiliate. 
C)  can anticipate a lower cost than a company that uses global outscoring. 
D)  all of these. 
E)  none of these.

Go RVing, a U.S. company, built a subsidiary from scratch in England. This is an example of

In countries where women are often in positions of high status, the Globe Project would describe that culture as high in ____.

The second stage in the process of globalization is the international stage, where the company usually adopts a multidomestic approach.

The sub-divisions of the international environment are the economic, the sociocultural, and the legal-political environments.

Some economic environments of business include resource and product markets, language, religion, and per capita income.

Which of the following is defined as a culture in which communication is used to enhance personal relationships?

A country's physical facilities that support economic activities make up its ____________________.

Which of the following pairs of alternatives closely resemble each other in the amount of ownership, control and risk obtained in operating international businesses?

____________________ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.

When an organization has a humanistic attitude, it values employees as an end in themselves.

Countertrade is the barter of products for products rather than the sale of products for currency.

Innovative Management for Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Dynamics of Behavior in Organizations

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Information Technology, and E-Business

Managing Small Business Start-Ups

Filters

Exam 4: Managing in a Global Environment

Go RVing, a U.S. company, built a subsidiary from scratch in England. This is an example of

In countries where women are often in positions of high status, the Globe Project would describe that culture as high in ____.

The second stage in the process of globalization is the international stage, where the company usually adopts a multidomestic approach.

The sub-divisions of the international environment are the economic, the sociocultural, and the legal-political environments.

Some economic environments of business include resource and product markets, language, religion, and per capita income.

Which of the following is defined as a culture in which communication is used to enhance personal relationships?

A country's physical facilities that support economic activities make up its ____________________.

Which of the following pairs of alternatives closely resemble each other in the amount of ownership, control and risk obtained in operating international businesses?

____________________ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.

When an organization has a humanistic attitude, it values employees as an end in themselves.

Countertrade is the barter of products for products rather than the sale of products for currency.

Innovative Management for Turbulent Times

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing Ethics and Social Responsibility

Managerial Planning and Goal Setting

Strategy Formulation and Implementation

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Dynamics of Behavior in Organizations

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing the Value Chain, Information Technology, and E-Business

Managing Small Business Start-Ups

Filters