Exam 5: Navigating the Global Environment

Starbucks owns one third of its stores outside the U.S.Those stores are

Political stability in the Middle East makes it a less risky place to conduct business.

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. -The government launched a $300 billion plan to improve roads,power plants,and ports.

With whom is the United States involved in a mature market system?

The National Football League and team owners allow shirts,hats,blankets,and many other products to be sold with team logos on them.The teams and league get a percentage of the sale.The teams have chosen to use a(n)____ strategy to generate more income.

____ strategy is considered the highest level of involvement in international business.

China requires foreign companies to form ____ with Chinese companies so that the Chinese get access to the latest technology.

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. -Futebol,or soccer,is the most popular sport in Brazil.

A(n)____ strategy involves a partnership with a long-term commitment that can be used to acquire new technology and information.

Which of the following is an example of how cultural differences directly impact international business practices?

Match the following.You may use a response once,more than once,or not at all. -Willing to question higher level decisions

Trees are a part of a country's

Labor unions in the United States would like to see Congress pass domestic content laws that would require,for example,that all automobiles sold in the United States contain at least a specified percentage of parts that were manufactured in the United States.Such laws would fall under the heading of

Match the following.You may use a response once,more than once,or not at all. -People willing to challenge authority have

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. -When Germans go out to eat they usually leave the kids at home with Grandma.

In 2002,______ of the EU members eliminated their home currencies.

Maquiladoras face competition in China.

Top executives at BBT Corporation set the strategic direction for the firm at corporate headquarters.BBT's local managers are then informed of these strategies and given complete freedom to implement them.Which of the following management functions best describes the freedom provided local managers?

____ is the cultural belief that the person comes first.

In contrast to MNCs,medium-size organizations doing business abroad are much more selective about the markets they enter.