Exam 6: Managing in the Global Environment

Forces in the task environment have little impact on short-term decision making.

The more difficult it is to enter the task environment:

Which of the following is an example of a folkway?

In what way is the task environment similar to the general environment?

List the five dimensions upon which Hofstede placed national culture. Discuss the necessity for managers who work with different national cultures to acknowledge these dimensions. The five dimensions include individualism versus collectivism, power distance, achievement versus nurturing orientation, uncertainty avoidance, and long-term versus short-term orientation. Differences among national cultures have important implications for managers. Due to cultural differences, management practices that are effective in one country might be troublesome in another. Often management practices must be tailored to suit the cultural contexts within which an organization operates. Managers doing business with individuals from another country must be sensitive to the value systems and norms of that country and behave accordingly.

Which of the following is true of the general environment?

Managers today have fewer ways to supervise and coordinate geographically dispersed employees.

Nadine belongs to an egalitarian society, one in which few distinctions are made between individuals and groups. Her society is low on _____.

Which of the following is true of regional trade agreements?

According to Hofstede, in low-power-distance countries, the government uses taxation and social welfare programs to reduce inequality and improve the welfare of the least fortunate.

Which of the following is the result of globalization?

Low rivalry results in a task environment where competitive pressures are intense and managers have few opportunities to acquire the resources they need to make their organizations effective.

The establishment of free-trade areas is disadvantageous for manufacturing organizations since it increases their costs.

Potential competitors are organizations that are not presently in a task environment but have the resources to enter if they so choose.

_____ is the traditional system of relationships established between people and groups in a society.

Which of the following is true of folkways?

Apple Inc. contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of _____.

Which of the following, according to Hofstede, is characteristic of societies with high power distance?

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

Which of the following factors played an important role in speeding up globalization?