Exam 5: Managing in the Global Arena

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________ are members of an organization who live and work in a country where they do not have citizenship.

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A company that exports products to a foreign country and establishes sales organizations abroad is considered to be a domestic company.

(True/False)
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In which of the following areas does international planning emphasize reaching organizational objectives through the purchase of the operating assets of another company in a foreign country?

(Multiple Choice)
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Transnational organizations usually take one particular continent as their business arena.

(True/False)
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Establishing a formal partnership with a foreign company is a form of international management.

(True/False)
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________ is the set of characteristics of a given group of people and their environment and includes components like norms,values,habits,education and religion.

(Multiple Choice)
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________ is the degree to which people in a society operate primarily as individuals or within groups.

(Multiple Choice)
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The organization chart ________.

(Multiple Choice)
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________ in multinational corporations requires that standards be set,performance be measured and compared to standards,and corrective action be taken if necessary.

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In South Korean society,business success is pursued through people who work as a team.Managers believe that good interpersonal relationships among the members of a team are a must for success.What can be deduced from this?

(Multiple Choice)
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A multinational corporation is a company that is primarily based in one country but has continuing transactions in other countries.

(True/False)
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A Canada-based shoe manufacturing company in Malaysia has hired a Malaysian manager to manage it,because the company's CEO believes that the manager will understand the situation and manage the plant better than any foreign manager.This company is said to have a(n)________.

(Multiple Choice)
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SNL manufactures and sells customized shoes for people with special needs.The organization caters mostly to customers within the United States,though it occasionally sends products to overseas customers.The organization is very eco-friendly,and takes pride in sourcing all its raw materials locally.According to the information,SNL is a(n)________.

(Multiple Choice)
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Citizens of a country who work in a foreign-based organization located in their own country are known as ________.

(Multiple Choice)
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When a company provides an expatriate with information on how to survive the difficulties of adjusting to a new culture,the company is providing training in ________.

(Multiple Choice)
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When a U.S.-based computer manufacturer sells a shipment of 40 computers to a retailer in Germany,the computer manufacturer is engaged in the process of ________.

(Multiple Choice)
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Evelyn has worked for the Boston branch of Clarity Systems for the past ten years.She is being transferred to head the Madrid office of her company.Since the transfer was a hurried one,there was no time to train Evelyn in the specifics of doing business in Spanish culture.As soon as she arrived in Madrid,Evelyn had to conduct negotiations for the renewal of several supplier contracts.One of the suppliers gave her an expensive watch,saying that it was a custom of the country to give business associates gifts.Evelyn is unsure whether she should accept the gift as it seems like a bribe.Which of the following ethical guidelines will help Evelyn determine whether or not to accept the gift?

(Multiple Choice)
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________ is the sum of all established relationships among resources within an organization.

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The ________ organization transcends any single home country,with ownership,control,and management being from many different countries.

(Multiple Choice)
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Which of the following is a characteristic of domestic management?

(Multiple Choice)
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