Question 1

Briefly describe two personal challenges for global managers.

Accepted Answer

Managers will be most successful in fore

Question 2

A company's political risk includes riots, revolutions, civil disorders, and frequent changes in government.

Accepted Answer

A) True 
 B)False

Question 3

Managers in foreign countries, when things go wrong, are often unable to

Accepted Answer

A)  increase an employee's pay. 
B)  get rid of an employee who is not working out. 
C)  assess the cause of the problem. 
D)  leave the country given their emotional attachment. 
E)  None of these. 
A)  increase an employee's pay. 
B)  get rid of an employee who is not working out. 
C)  assess the cause of the problem. 
D)  leave the country given their emotional attachment. 
E)  None of these.

Question 4

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.
-If she should decide to take the job, she will be most successful in a foreign assignment if she has

Accepted Answer

A)  culture shock 
B)  cultural intelligence 
C)  linguistic pluralism 
D)  ethnocentrism 
E)  geocentrism 
A)  culture shock 
B)  cultural intelligence 
C)  linguistic pluralism 
D)  ethnocentrism 
E)  geocentrism

Question 5

What is exporting?

Accepted Answer

A)  Countertrade 
B)  The barter of products for products, often used in developing nations 
C)  Items produced in the home country for sale in foreign markets 
D)  All of these 
E)  None of these 
A)  Countertrade 
B)  The barter of products for products, often used in developing nations 
C)  Items produced in the home country for sale in foreign markets 
D)  All of these 
E)  None of these

Question 6

Countries whose social values reflect low power distance

Accepted Answer

A)  are highly democratic. 
B)  accept inequality in power among institutions, organizations and people. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these. 
A)  are highly democratic. 
B)  accept inequality in power among institutions, organizations and people. 
C)  expect equality in power. 
D)  avoid uncertainty. 
E)  none of these.

Question 7

In the ____ stage a company usually adopts a multidomestic approach.

Accepted Answer

A)  Global 
B)  Multinational 
C)  Stateless 
D)  International 
E)  Domestic 
A)  Global 
B)  Multinational 
C)  Stateless 
D)  International 
E)  Domestic

Question 8

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Accepted Answer

A) True 
 B)False

Question 9

Political risk is defined as an organization's risk of ____ due to politically based events or actions by host governments.

Accepted Answer

A)  loss of assets 
B)  managerial control 
C)  earning power 
D)  all of these 
E)  managerial control and earning power only 
A)  loss of assets 
B)  managerial control 
C)  earning power 
D)  all of these 
E)  managerial control and earning power only

Question 10

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to ____________________.

Accepted Answer

The answer of A preference for a tightly knit social...

Question 11

As a first step into international business, which two countries are most companies going to today?

Accepted Answer

A)  Russia and Japan 
B)  Sweden and Germany 
C)  China and India 
D)  Brazil and Philippines 
E)  Indonesia and Brazil 
A)  Russia and Japan 
B)  Sweden and Germany 
C)  China and India 
D)  Brazil and Philippines 
E)  Indonesia and Brazil

Question 12

The reality of today's borderless companies also means that consumers can easily identify from which country they are buying.

Accepted Answer

A) True 
 B)False

Question 13

The legal-political environment, in international operations, includes which of the following?

Accepted Answer

A)  Shared knowledge, beliefs and values 
B)  Political risks 
C)  Social organizations 
D)  Infrastructure 
E)  None of these 
A)  Shared knowledge, beliefs and values 
B)  Political risks 
C)  Social organizations 
D)  Infrastructure 
E)  None of these

Question 14

Which of the following countries possesses a high performance orientation?

Accepted Answer

A)  Israel 
B)  Sweden 
C)  Taiwan 
D)  Russia 
E)  Venezuela 
A)  Israel 
B)  Sweden 
C)  Taiwan 
D)  Russia 
E)  Venezuela

Question 15

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a

Accepted Answer

A)  foreign national. 
B)  wealth company. 
C)  multinational corporation. 
D)  globalization corporation. 
E)  None of these. 
A)  foreign national. 
B)  wealth company. 
C)  multinational corporation. 
D)  globalization corporation. 
E)  None of these.

Question 16

To deal with the marketing of products in several countries individually, a company in the international stage often uses an international division.

Accepted Answer

A) True 
 B)False

Question 17

Because of cheap labor, most international business firms are headquartered in the less developed countries of Asia and South America.

Accepted Answer

A) True 
 B)False

Question 18

The risk of loss due to actions by host country governments is known as ____________________.

Accepted Answer

The answer of The risk of loss due to actions...

Question 19

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

Accepted Answer

Ethnocentrism is a cultural attitude mar

Question 20

One of Hofstede's social values that is not well known is

Accepted Answer

A)  power distance. 
B)  uncertainty avoidance. 
C)  masculinity. 
D)  collectivism. 
E)  long-term orientation. 
A)  power distance. 
B)  uncertainty avoidance. 
C)  masculinity. 
D)  collectivism. 
E)  long-term orientation.

Briefly describe two personal challenges for global managers.

A company's political risk includes riots, revolutions, civil disorders, and frequent changes in government.

Managers in foreign countries, when things go wrong, are often unable to

What is exporting?

Countries whose social values reflect low power distance

In the ____ stage a company usually adopts a multidomestic approach.

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Political risk is defined as an organization's risk of ____ due to politically based events or actions by host governments.

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to ____________________.

As a first step into international business, which two countries are most companies going to today?

The reality of today's borderless companies also means that consumers can easily identify from which country they are buying.

The legal-political environment, in international operations, includes which of the following?

Which of the following countries possesses a high performance orientation?

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a

To deal with the marketing of products in several countries individually, a company in the international stage often uses an international division.

Because of cheap labor, most international business firms are headquartered in the less developed countries of Asia and South America.

The risk of loss due to actions by host country governments is known as ____________________.

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

One of Hofstede's social values that is not well known is

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

Briefly describe two personal challenges for global managers.

A company's political risk includes riots, revolutions, civil disorders, and frequent changes in government.

Managers in foreign countries, when things go wrong, are often unable to

What is exporting?

Countries whose social values reflect low power distance

In the ____ stage a company usually adopts a multidomestic approach.

Fifteen member states of the EU have adopted the rupee, as a single European currency.

Political risk is defined as an organization's risk of ____ due to politically based events or actions by host governments.

A preference for a tightly knit social framework in which individuals look after one another and organizations protect their members' interests refers to ____________________.

As a first step into international business, which two countries are most companies going to today?

The reality of today's borderless companies also means that consumers can easily identify from which country they are buying.

The legal-political environment, in international operations, includes which of the following?

Which of the following countries possesses a high performance orientation?

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a

To deal with the marketing of products in several countries individually, a company in the international stage often uses an international division.

Because of cheap labor, most international business firms are headquartered in the less developed countries of Asia and South America.

The risk of loss due to actions by host country governments is known as ____________________.

Briefly describe the social characteristic of ethnocentrism and explain how this can have an impact on the success of an international manager.

One of Hofstede's social values that is not well known is

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