Question 1

Which of the following is NOT a factor of the political-legal environment for international managers?

Accepted Answer

A)  No incentives for international trade 
B)  The use of import quotas and tariffs 
C)  Infrastructure 
D)  Membership in an economic community 
E)  Government instability 
A)  No incentives for international trade 
B)  The use of import quotas and tariffs 
C)  Infrastructure 
D)  Membership in an economic community 
E)  Government instability

Question 2

Special Exercises
Brazil is the host of the 2016 Summer Olympics.The following statements describe current conditions in Brazil.Many companies see the event as a business opportunity.Match the statement with the type of environmental challenge for international managers it describes.
-It is regarded as one of the four fast growing developing economies.The others are Russia,India,and China.

Accepted Answer

A) Political-legal environment 
B) Economic environment 
C) Cultural environment 
A) Political-legal environment 
B) Economic environment 
C) Cultural environment

Question 3

In the U.S.Starbucks does not franchise.It has a(n)____ agreement with Barnes and Noble.

Accepted Answer

A)  importing 
B)  exporting 
C)  strategic 
D)  global sourcing 
E)  direct investment 
A)  importing 
B)  exporting 
C)  strategic 
D)  global sourcing 
E)  direct investment

Question 4

People in the U.S. ,Canada,and the Netherlands tend to believe that the person comes first.This refers to Hofstede's ____ orientation.

Accepted Answer

A)  power 
B)  global 
C)  social 
D)  time 
E)  uncertainty 
A)  power 
B)  global 
C)  social 
D)  time 
E)  uncertainty

Question 5

The first mall in Mumbai,India​ was successful.Builders proceeded to construct three more right away.However,they have more than 50% vacancies because they lack customers.The builders failed to properly account for which challenge of operating in developing countries?

Accepted Answer

A)  ​Underdeveloped infrastructure 
B)  ​Stagnant political policies 
C)  ​Firms have to invest heavily in distribution systems 
D)  ​Firms have to train consumers how to use their products 
E)  ​Potential consumers' lack of wealth 
A)  ​Underdeveloped infrastructure 
B)  ​Stagnant political policies 
C)  ​Firms have to invest heavily in distribution systems 
D)  ​Firms have to train consumers how to use their products 
E)  ​Potential consumers' lack of wealth

Question 6

Geert Hofstede identified five fundamental differences that can be used to characterize people in different cultures.They are time,power,age,race,and gender.

Accepted Answer

A) True 
 B)False

Question 7

Special Exercises
Brazil is the host of the 2016 Summer Olympics.The following statements describe current conditions in Brazil.Many companies see the event as a business opportunity.Match the statement with the type of environmental challenge for international managers it describes.
-It is a member of the Organization of American States (OAS)an intergovernmental organization of 35 independent states of the Americas.

Accepted Answer

A) Political-legal environment 
B) Economic environment 
C) Cultural environment 
A) Political-legal environment 
B) Economic environment 
C) Cultural environment

Question 8

A(n)____ business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

Accepted Answer

A)  international 
B)  domestic 
C)  multinational 
D)  intercontinental 
E)  global 
A)  international 
B)  domestic 
C)  multinational 
D)  intercontinental 
E)  global

Which of the following is NOT a factor of the political-legal environment for international managers?

In the U.S.Starbucks does not franchise.It has a(n)____ agreement with Barnes and Noble.

People in the U.S. ,Canada,and the Netherlands tend to believe that the person comes first.This refers to Hofstede's ____ orientation.

The first mall in Mumbai,India was successful.Builders proceeded to construct three more right away.However,they have more than 50% vacancies because they lack customers.The builders failed to properly account for which challenge of operating in developing countries?

Geert Hofstede identified five fundamental differences that can be used to characterize people in different cultures.They are time,power,age,race,and gender.

A(n)____ business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters

Exam 5: Navigating the Global Environment

Which of the following is NOT a factor of the political-legal environment for international managers?

In the U.S.Starbucks does not franchise.It has a(n)____ agreement with Barnes and Noble.

People in the U.S. ,Canada,and the Netherlands tend to believe that the person comes first.This refers to Hofstede's ____ orientation.

The first mall in Mumbai,India​ was successful.Builders proceeded to construct three more right away.However,they have more than 50% vacancies because they lack customers.The builders failed to properly account for which challenge of operating in developing countries?

Geert Hofstede identified five fundamental differences that can be used to characterize people in different cultures.They are time,power,age,race,and gender.

A(n)____ business is one that is primarily based in a single country but that acquires some meaningful share of its resources and/or revenues from other countries.

Managing and the Managers Job

Traditional and Contemporary Opportunities and Challenges

Understanding the Organizations Environment

Responding to the Ethical and Social Environment

Basic Elements of Planning and Decision Making

Managing Strategy and Strategic Planning

Managing Decision Making and Problem Solving

Managing Start-Ups and New Ventures

Basic Elements of Organizing

Managing Organization Design

Managing Change and Innovation

Managing Human Resources

Basic Elements of Individual and Interpersonal Behavior

Managing Employee Motivation and Performance

Managing Leadership and Influence Processes

Managing Interpersonal Relations and Communication

Managing Work Groups and Teams

Basic Elements of Control

Managing Operations, quality, and Productivity

Filters

The first mall in Mumbai,India was successful.Builders proceeded to construct three more right away.However,they have more than 50% vacancies because they lack customers.The builders failed to properly account for which challenge of operating in developing countries?