Exam 3: Global Dimensions of Management

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The power dimension in Hofstede's framework is defined as the degree to which a society encourages individual autonomy to make decisions versus depending on others for direction.

(True/False)
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Foreign companies operating in the United States __________.

(Multiple Choice)
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The best definition of a true global corporation or MNC multinational corporation)is __________.

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APEC was established to promote free trade and investment in European countries.

(True/False)
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A firm that establishes a direct investment in a foreign country through a co-ownership arrangement that pools resources,shares risks,and shares control of business operations is engaging in __________.

(Multiple Choice)
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The text discusses characteristics of the Japanese approach to management.Which of the following is not one of these characteristics?

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Countries that have joined together to form the North American Free Trade Agreement NAFTA)include __________.

(Multiple Choice)
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Any company doing business abroad is not necessarily required to abide by local laws,but by their home country laws.

(True/False)
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_________ meets the needs of the present generation without compromising the ability of future generations to meet their needs.

(Multiple Choice)
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A licensing agreement is a form of international business through which a foreign company pays a fee for the rights to manufacture or sell another firm's products in a specified region.

(True/False)
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SADC links 14 countries of Southeast Asia in trade and economic development efforts.

(True/False)
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NAFTA is/are comprised of _________________ linked together through favourable trade and customs laws to facilitate the free flow of workers,goods and services,and investments across national boundaries.

(Multiple Choice)
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In terms of proxemics,Japanese culture places little emphasis on how space is used or managed.

(True/False)
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China's laws regarding intellectual property are a major risk when doing business with Chinese organizations.This illustrates a host country's differences in the:

(Multiple Choice)
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The __________ links 14 countries of southern Africa in trade and economic development efforts.

(Multiple Choice)
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A foreign direct investment is building,buying,or buying part ownership of a business in another country.

(True/False)
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__________ is the confusion and discomfort a person experiences when in an unfamiliar culture.

(Multiple Choice)
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Comparative management demonstrates that management practices are the same across countries and cultures.

(True/False)
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__________ have non-profit missions and operations that span the globe.

(Multiple Choice)
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Managers with _______________are high in cultural intelligence and take a collaborative approach to global management practices.

(Multiple Choice)
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