Exam 6: Managing in the Global Environment

Poor economic conditions make environments more complex,and managers' jobs become more difficult and demanding.

As Frank walked into the conference,he made it a point to shake hands with all the new clients.Frank is exhibiting a:

An organization's competitors are those organizations that try to sell their goods to the same customers to whom the organization is trying to sell its goods.

The outcomes of the changes in the laws of a society are known as:

Define globalization and explain how the global market is becoming more open.

Define "general environment".What are the challenges it provides for managers? Choose an organization,and describe the elements that may exist in its general environment.

The cost advantages that are associated with large organizations are known as:

Deregulation,privatization,and the removal of legal barriers to trade are just a few examples of which type of force in the environment?

Changes in the global environment are constantly changing over time and only present managers with threats.

Managers who view countries as if they were isolated economically from one another see the world as open.

The population of the United States is "aging" in the sense that the average age of Americans is increasing each year.This is an example of which type of force in the environment?

Discuss how changes in the nature,number,or type of suppliers produce opportunities and threats for managers.

Societies such as the United States,that are high on uncertainty avoidance,value diversity and tolerate differences between people in their actions.

In general,the ______ the barriers to entry,the fewer the competitors in an organization's task environment and thus keep prices ______.

A high level of rivalry typically results in price competition that increases customer revenues and profits.

A tax that a government imposes on goods imported into the country is known as:

Societies in which inequalities are allowed to persist over time have low power distance.

In a society,unwritten rules of conduct that state how people should act in particular situations in that society are known as:

A country that thrives on success and is results oriented,is said to have a(n):

Which of the following is NOT an economic force in the environment?