Exam 4: Managing in the Global Environment

The greater the economies of scale of existing organizations, the lower are the barriers to entry for new competitors.

A firm that has not traditionally been a competitor of EcoPro suddenly creates a new type of product that makes EcoPro products obsolete. This is an example of ________.

When a company contracts with suppliers in other countries to make the various inputs that go into its products or to assemble the final products to reduce costs, ________ occurs.

Compared to the changes in the task environment, those in the general environment are often ________.

List the objectives of NAFTA, CAFTA, and FTAA.

A society that emphasizes "living for the moment" is said to have ________.

In the drug manufacturing industry, Gateway Labs is a company operating at massive economies of scale in the production of many drugs. Thus a potential entrant into the industry will have a ________.

Deregulation and privatization are a part of which of the following forces in the general environment?

Which of the following trade agreements was passed by the U.S. House of Representatives to eliminate tariffs on products between the United States and all countries in Central America?

Explain briefly the role of a distributor. If distributors become powerful, what will be the impact on an organization?

The combination of equipment and skills that a manager uses in the production and distribution of goods is known as ________.

The society of the nation of Atlantis has commonly accepted laws against driving while intoxicated. This is an example of which type of norm?

Since 1948, the decline in tariff barriers achieved among the governments of developed countries fell from over 40 percent to about ________ percent in 2000, causing a dramatic increase in world trade.

Organizations that are not currently selling goods in a particular task environment but may choose to enter this environment in the future are called potential ________.

A tax that a government imposes on an imported good is known as a tariff.

The barriers to entry result from three sources. Explain in brief the three sources.

Norms that are central to the functioning of a society and whose violation brings serious retribution are known as ________.

Discuss the results of globalization.

The degree to which people in a society accept the idea that inequalities in the well-being of its citizens are due to differences in people's intellectual capabilities is known as ________.

People who violate folkways are often thought to be ________.