Exam 4: Managing in a Global Environment

Your company is interested in producing and marketing a line of coffee that will penetrate the Chinese market. Your firm is willing to supply the equipment, products, product ingredients, trademark, and standardized operating system. What type of strategy are you going to use?

____ is normally used to classify countries as developed or developing.

MNCs that are oriented toward the markets of individual foreign host countries are considered ____________________.

Describe GATT and the World Trade Organization.

Cultural factors in foreign countries are ____ the political and economic factors.

With exporting, the corporation transfers its products for sale and its production facilities in foreign countries.

Global Dandelion, with marketing and production facilities located in many countries, is participating at what stage in the international arena?

An MNC is managed as an integrated worldwide business system.

When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent and trademark rights available to Nano Technologies, a Russian company whereby allowing Nano to make products similar to CBA, it is engaging in a countertrade agreement.

Collectivism means a preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests.

A foreign subsidiary over which an organization has complete control is called a

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in ____.

Describe the four stages of globalization with specific reference to strategic orientation, stage of development, cultural sensitivity, and manager assumptions.

Which of the following characteristics distinguish a multinational corporation?

List the four dimensions of national value systems identified by Hofstede.

The Mercedes-Benz plant in Alabama is an example of a ____.

The fifth dimension of Hofstede's social values is preliminary-term orientation and extended-term orientation.

____________________ was formed to improve social and economic conditions among its 15-nation alliance.

Which of the following companies place an emphasis on their home countries?

According to the GLOBE Value Dimensions, Japan and Russia both have very high performance orientation.