Exam 4: Global Management: Managing Across Borders

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David was feeling very anxious, confused, and out of place since he arrived for his new job in Taipei, Taiwan.It seemed like just about everything was different from what he was used to.David was experiencing

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As of 2011, the United States was the world's top exporter.

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Knowing the cultural tendencies of foreign business partners and competitors can give you a strategic competitive advantage.

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Arabs prefer a larger interpersonal space when communicating than Americans.

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Which of the following is a cultural dimension measured in the GLOBE project?

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The recent recession has caused an increasing number of Americans to look for work overseas.

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For international expansion, joint ventures have a lower level of risk than franchising.

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As a result of recent negotiations, the General Agreement on Tariffs and Trade (GATT) is expected to supersede the WTO by 2015.

(True/False)
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Power distance refers to how loosely or tightly people are socially bonded.

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Recently, the International Monetary Fund has had a high-profile role in assisting some weaker European countries, including making loans to Greece, Portugal, and Ireland.

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In China, it is permissible for office colleagues to inquire about the size of your apartment and your salary.

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A revenue tariff is designed to protect domestic products from foreign imports by raising the price of the latter.

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China and the United States are both part of what trading bloc?

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Meredith is a seasoned American manager, currently working in Brazil.She has noticed that some of her management techniques work well in her overseas position, but sometimes she finds it more effective to defer to the practices of her Brazilian counterparts.Meredith can be described as a(n) ______ manager.

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______ time is a preference for doing one thing at a time.

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A U.S.company agrees with a foreign company to start a new enterprise together in a foreign country, sharing the risks and the rewards.This is called a

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The global economy refers to the heightened economic regulation of many national markets as they protect themselves from one another.

(True/False)
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The EU has recently agreed to cut the taxes it charges on bananas imported from Central and South America.This tax is a type of

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When U.S.companies hire UPS to conduct some of their logistics functions for them it is known as outsourcing.

(True/False)
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Ethnocentrism among international managers has been linked to

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