Question 1

Enhanced control and existing infrastructure are advantages of the ____________________ approach to internationalization.

Accepted Answer

The answer of Enhanced control and existing infrastructure are advantages...

Question 2

The education system is not part of the infrastructure of a country.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following describes one of the reasons for the establishment of the European Union?

Accepted Answer

A)  It eliminates trade barriers between member countries. 
B)  It decreases tariffs on products from nonmember countries. 
C)  It enhances movement of capital and labor between nonmember nations. 
D)  It increases the usage of member labor pools by nonmembers. 
E)  It gradually eliminates imports from nonmember nations. 
A)  It eliminates trade barriers between member countries. 
B)  It decreases tariffs on products from nonmember countries. 
C)  It enhances movement of capital and labor between nonmember nations. 
D)  It increases the usage of member labor pools by nonmembers. 
E)  It gradually eliminates imports from nonmember nations.

Question 4

People in cultures with ____________________ are stimulated by change and thrive on new opportunities.

Accepted Answer

uncertaint

Question 5

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.
-The German workforce is less willing to move than the American workforce.

Accepted Answer

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

Question 6

Match the following.You may use a response once,more than once,or not at all.
-Aggressive and value possessions and assertiveness

Accepted Answer

A) Social orientation 
B) Power orientation 
C) Uncertainty orientation 
D) Goal orientation 
E) Time orientation 
A) Social orientation 
B) Power orientation 
C) Uncertainty orientation 
D) Goal orientation 
E) Time orientation

Question 7

Define the term infrastructure.Compare and contrast high-potential/high-growth countries,oil-exporting countries,and mature market economies in terms of their infrastructures.

Accepted Answer

Infrastructure refers to the basic physi

Question 8

A country's minerals,oil and forests are a part of the ____________________ environment.

Accepted Answer

The answer of A country's minerals,oil and forests are a...

Question 9

Which of the following is an example of the cultural system in China?

Accepted Answer

A)  All postings on Qiangguo,the largest Internet bulletin board in China,are censored. 
B)  Bowling is the latest fad in China,with a new bowling alley opening weekly. 
C)  China has budgeted 240 million Yuan ($29 million)to clean up the public toilets. 
D)  One of China's greatest natural resources is its labor pool. 
E)  The Chinese government has a one-child population control. 
A)  All postings on Qiangguo,the largest Internet bulletin board in China,are censored. 
B)  Bowling is the latest fad in China,with a new bowling alley opening weekly. 
C)  China has budgeted 240 million Yuan ($29 million)to clean up the public toilets. 
D)  One of China's greatest natural resources is its labor pool. 
E)  The Chinese government has a one-child population control.

Question 10

Coca-Cola is based out of Atlanta but reaches into hundreds of countries.The product is locally packaged,but the cola inside is essentially the same throughout the world.Coca-Cola is edging closer to being a(n)____ business.

Accepted Answer

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

Question 11

A nation's cost of living is part of its

Accepted Answer

A)  economic environment. 
B)  cultural heritage. 
C)  task environment. 
D)  technological environment. 
E)  political-legal environment. 
A)  economic environment. 
B)  cultural heritage. 
C)  task environment. 
D)  technological environment. 
E)  political-legal environment.

Question 12

In countries with higher levels of ____________________,many workers may prefer reward systems that link pay with the performance of individual employees.

Accepted Answer

The answer of In countries with higher levels of ____________________,many...

Question 13

Quotas are the most common form of ____________________.

Accepted Answer

The answer of Quotas are the most common form of...

Question 14

Opponents to the maquiladoras concept are most critical of its

Accepted Answer

A)  high production cost. 
B)  exploitation of human resources. 
C)  legality. 
D)  waste of raw materials. 
E)  high transportation costs. 
A)  high production cost. 
B)  exploitation of human resources. 
C)  legality. 
D)  waste of raw materials. 
E)  high transportation costs.

Question 15

People in Pakistan and West Africa are more likely to want immediate gratification.This is an example of 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 16

Riots in Egypt,Libya,and Syria changed the political legal environment for business because of a decrease in ____________________.

Accepted Answer

government

Question 17

A(n)____ is the most common form of trade restriction.

Accepted Answer

A)  import tariff 
B)  export tariff 
C)  quota 
D)  embargo 
E)  maquiladoras 
A)  import tariff 
B)  export tariff 
C)  quota 
D)  embargo 
E)  maquiladoras

Question 18

During a recession,governments tend to increase ____ to help protect domestic producers by directly adding to the cost of foreign goods.

Accepted Answer

A)  import quotas 
B)  export restraints 
C)  buy domestic laws 
D)  export tariffs 
E)  import tariffs 
A)  import quotas 
B)  export restraints 
C)  buy domestic laws 
D)  export tariffs 
E)  import tariffs

Question 19

How will you learn to operate in a global economy?

Accepted Answer

Learning to operate in a global economy

Question 20

What challenges does a manager face in a global economy that she would not face in a domestic one?

Accepted Answer

In a global economy, a manager faces sev

Enhanced control and existing infrastructure are advantages of the ____________________ approach to internationalization.

The education system is not part of the infrastructure of a country.

Which of the following describes one of the reasons for the establishment of the European Union?

People in cultures with ____________________ are stimulated by change and thrive on new opportunities.

Match the following.You may use a response once,more than once,or not at all. -Aggressive and value possessions and assertiveness

Define the term infrastructure.Compare and contrast high-potential/high-growth countries,oil-exporting countries,and mature market economies in terms of their infrastructures.

A country's minerals,oil and forests are a part of the ____________________ environment.

Which of the following is an example of the cultural system in China?

Coca-Cola is based out of Atlanta but reaches into hundreds of countries.The product is locally packaged,but the cola inside is essentially the same throughout the world.Coca-Cola is edging closer to being a(n)____ business.

A nation's cost of living is part of its

In countries with higher levels of ____________________,many workers may prefer reward systems that link pay with the performance of individual employees.

Quotas are the most common form of ____________________.

Opponents to the maquiladoras concept are most critical of its

People in Pakistan and West Africa are more likely to want immediate gratification.This is an example of Hofstede's ____ orientation.

Riots in Egypt,Libya,and Syria changed the political legal environment for business because of a decrease in ____________________.

A(n)____ is the most common form of trade restriction.

During a recession,governments tend to increase ____ to help protect domestic producers by directly adding to the cost of foreign goods.

How will you learn to operate in a global economy?

What challenges does a manager face in a global economy that she would not face in a domestic one?

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

Enhanced control and existing infrastructure are advantages of the ____________________ approach to internationalization.

The education system is not part of the infrastructure of a country.

Which of the following describes one of the reasons for the establishment of the European Union?

People in cultures with ____________________ are stimulated by change and thrive on new opportunities.

Match the following.You may use a response once,more than once,or not at all. -Aggressive and value possessions and assertiveness

Define the term infrastructure.Compare and contrast high-potential/high-growth countries,oil-exporting countries,and mature market economies in terms of their infrastructures.

A country's minerals,oil and forests are a part of the ____________________ environment.

Which of the following is an example of the cultural system in China?

Coca-Cola is based out of Atlanta but reaches into hundreds of countries.The product is locally packaged,but the cola inside is essentially the same throughout the world.Coca-Cola is edging closer to being a(n)____ business.

A nation's cost of living is part of its

In countries with higher levels of ____________________,many workers may prefer reward systems that link pay with the performance of individual employees.

Quotas are the most common form of ____________________.

Opponents to the maquiladoras concept are most critical of its

People in Pakistan and West Africa are more likely to want immediate gratification.This is an example of Hofstede's ____ orientation.

Riots in Egypt,Libya,and Syria changed the political legal environment for business because of a decrease in ____________________.

A(n)____ is the most common form of trade restriction.

During a recession,governments tend to increase ____ to help protect domestic producers by directly adding to the cost of foreign goods.

How will you learn to operate in a global economy?

What challenges does a manager face in a global economy that she would not face in a domestic one?

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