Exam 5: Navigating the Global Environment

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Special Exercises The German working environment is similar to the U.S.working environment.Nevertheless,U.S.managers working in Germany have to adapt.Navigating laws and customs can be challenging.For instance,traditional houses in Germany have been large,well-constructed buildings.They are expensive to build,but last for generations.They usually have three generations living under the same roof.This information has far-reaching implications for foreign managers working in Germany.Match the statement with the type of environmental challenge for international managers it describes. -German road signs have no North,South,East,or West posted.Drivers must know if the city listed is in the direction they wish to travel.

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Describe two of the market systems.

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No organization is insulated from the effects of foreign markets and competition.

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A business that has a worldwide marketplace from which it buys raw materials,borrows money,and manufactures its products and to which it subsequently sells its products is a(n)____________________ business.

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Which of the following statements about medium-sized international business organizations is TRUE?

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An example of the economic system in China is

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People in the United States,Israel,and Ireland are likely to question their supervisors.This is referred to as a(n)____ orientation.

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We can identify four distinct levels of international activity that differentiate organizations.

(True/False)
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When Starbucks operates in other countries,it customizes snacks to local tastes.This is a(n)____ challenge for international managers.

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What are the goals of the WTO? Do you agree with them?

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Political instability and tremendous cultural differences combine to make doing business in many parts of the ____________________ both very risky and very difficult.

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A(n)____________________ is a special type of strategic alliance in which the partners share in the ownership of an operation on an equity basis.

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Geert Hofstede identified all of the following fundamental differences that can be used to characterize people in different cultures EXCEPT

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The ____________________ was first negotiated following World War II in an effort to avoid trade wars that would benefit rich nations and harm poorer ones.

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Compassion International is a children's charity that provides basic necessities,schooling,and job training for poverty-stricken children around the world.This not-for-profit organization would require which type of investment when it enters a new country?

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McDonalds operates restaurants in airports around the world.The agreement between McDonalds and the airports is a(n)

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Which of the following statements about maquiladoras is FALSE?

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Match the following.You may use a response once,more than once,or not at all. -People who dislike ambiguity and change have

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Flat organizations tend to have power ____________________.

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A French ministry has banned the word e-mail from official communication.Instead,the French words for quick and mail have been combined to form a new word.This is an official attempt to protect the French

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