Exam 4: Managing in the Global Environment

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Distinguish between folkways and mores.

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Most profit-oriented organizations are threatened during economic downturns,but not-for-profit organizations tend to flourish.

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

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What is meant by the free-trade doctrine? Explain with an example.

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Social structure is:

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Economies of scale,brand loyalty,and government regulations that impede access can lead to ______________.

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List the objectives of NAFTA,CAFTA,and FTAA.

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A shift in the age distribution of the population of the United States is an example of a sociocultural force that affects organizations in the United States.

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The things that a society considers to be good and right are known as the values of that society.

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The population of the United States is shifting from the Northeast to the Southwest.This is an example of which type of force in the general environment?

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Organizations changing their work environment due to concerns relating to safety are an example of demographic forces that can challenge organizations.

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When a firm that has not traditionally been a competitor of EcoPro suddenly creates a new type of product that makes the products of EcoPro obsolete,this is an example of which type of force in the environment?

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The setup of "free-trade areas" increases the prices of manufactured products.

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In July 2005,the U.S.House of Representatives approved the formation of NAFTA,a regional trade agreement designed to eliminate tariffs on products moving between Mexico,Canada,and the United States by 2004.

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Val comes from a culture that values equality and works for the improvement of the welfare of the less fortunate and values the warm personal relationships more than goal achievement.Val's culture has:

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The higher the barriers to entry in an industry,the more difficult it is to enter the task environment of that industry.

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Norms that are central to the functioning of a society are known as:

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Demographic forces in the environment include changes in characteristics of a population,such as gender and race.

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An organization's major customer puts pressure on the organization to reduce prices of its products.This is an example of the organization's __________________ environment.

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Governments of countries that resort to raising tariff barriers ultimately increase employment.

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