Exam 3: Managing in a Global Environment

The primary reason for the creation of the EU was to allow Europeans to assert their position against the industrial strength of the United States and Japan.

Montreal-based Bombardier manufactures aircraft and rail transportation equipment. They employ more than 60,000 workers in production facilities on five continents. All major management decisions continue to be made in their world headquarters in Canada. Bombardier is best described as a __________ corporation.

Refer to the scenario below to answer the following questions. The European Expansion (Scenario) As a manager at a growing Canadian company, Samantha has been asked to develop a strategy to expand the company's operations into the European market. Although the company president has provided some basic guidelines about acceptable levels of risk and investment, there are still many factors in the legal-political, economic, and cultural environments that Samantha must take into consideration in her proposal. -Samantha will also recommend forming a strategic alliance with a Swiss-based company that promises to market her company's products in several EU countries in exchange for access to her company's distribution network in Canada and the United States. This strategy will require less investment than __________.

IBM is the world's largest information technology company with more than 300,000 employees in 170 countries. It once had a country-based structure but reorganized into industry groups to compete more effectively in the global marketplace. IBM is best described as a __________ organization.

__________ is a national culture attribute that reflects the emphasis placed upon relationships and concern for others.

Refer to the scenario below to answer the following questions. First Business Trip to Asia (Scenario) Jeff Elliott is on a flight across the Pacific and is excited about his first business trip to Asia. Born and raised in Alberta, Jeff is a manager for a rapidly growing Calgary-based company. His current mission is to scout out potential locations in Asia and develop an international expansion strategy for his company. There are many options, including maintaining the business's head office in Canada and sending over company representatives when necessary or developing a separate company in Asia and hiring locals to manage the business. Jeff's trip will take him to Japan, South Korea, Hong Kong, Taiwan, and China. He is looking forward to learning more about the business practices and customs of each country and is not too worried about the fact that he only speaks English. Jeff has heard that English is considered the main international business language, and he anticipates that most Asians will be able to speak it. -If Jeff's company decided to open another company in Taiwan but manage it from its headquarters in Canada, it would be considered a __________.

A country with ________ is comfortable with risks and is tolerant toward different behaviour and opinions.

The primary reason it is difficult to gather information about a country's cultural differences is because __________.

According to the GLOBE rankings, Canada is considered high on future orientation.

Which of the following statements is true regarding the European Union?

Which of the following types of multinational corporations reflects the geocentric attitude?

Refer to the scenario below to answer the following questions. Understanding Hofstede's Cultural Dimensions (Scenario) Sasha has lived in Toronto her entire life and works at the head office of a large multinational corporation. She has recently become aware of several job openings for management in a number of the company's foreign subsidiaries. As she ponders the prospect of an overseas assignment, she reviews the research of Geert Hofstede to try to understand the cultural differences she would be faced with in each of the foreign subsidiaries. -One of the countries that Sasha is considering is Japan, where people look to the future and value thrift and persistence. Japan is considered high on which of the following dimensions?

discuss global management challenges of openness, multicultural workforce which requires cultural intelligence, and how these affect management decisions. Provide examples for each.

From a cultural standpoint, research indicates that __________ has a greater effect on employees than __________.

According to the GLOBE rankings presented in our textbook, the United States, Greece, and Spain all rank high on which cultural dimension?

Transnational organizations are focused on ________.

________ is a measure of the degree to which people rely on social norms and procedures to alleviate the unpredictability of future events.

From a legal-political standpoint, some large corporations have postponed doing business with China and other Asian countries due to __________.

Multidomestic corporations ________.

Strategic alliances are partnerships between a domestic and a foreign company in which both share resources and knowledge in developing new products or building production facilities.