Exam 4: Global Management: Managing Across Borders

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A tariff is a limitation on the numbers of products allowed into a country, imposed by its government to protect domestic industries.

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False

In a(n) ______, shared meanings are primarily derived from written and spoken words rather than situational cues.

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B

A foreign subsidiary that is totally owned and controlled by an organization is called a multinational.

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The Mercosur is composed of countries in southeast Asia.

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Air travel and electronic media have made the global village phenomenon possible.

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A polycentric manager believes that

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Which of the following is an event that helped spur the inception of the global economy?

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Turnover rates are higher among managers returning from overseas assignments than for those who do not go abroad.

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Maquiladoras are manufacturing plants allowed to operate in South and Central America with special privileges in return for employing citizens in these countries.

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When conducting business in English in Asia, if the answer to a question is "yes," one should assume that means

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The International Red Cross is an example of a

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Great communications systems have been a hallmark of great civilizations.

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When a government uses measures like tariffs and import quotas, it is called

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John recently received his CPA license and plans to run a small tax consulting business, so he just put up a website.What advantage does his business have over larger competitors?

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Globalization is defined as the elimination of all trade barriers worldwide.

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Bay-traders are those who trade seafood from the Chesapeake Bay for other goods rather than selling it on the open market.

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Christine prefers not to deviate from the practices she has always used as a U.S.manager, even though she is now working at an Asian subsidiary.She has been heard saying that she is "just ensuring the job gets done right." Christine is most likely a(n) ________ manager.

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General Motors working with Shanghai Automotive Industry Group to build Buicks in China is an example of a strategic alliance.

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Smart phones, e-mail, and videoconferencing have all but eliminated the need for international business travel.

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Managers who take the view that native managers in foreign offices best understand native personnel and practices, and so the home office should leave them alone, are called polycentric managers.

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