Exam 3: Managing in a Global Environment

While talking with her advisor at the university,Jane deduces that she has a(n)________ attitude,as she has never traveled abroad and only relates well to people from her home country.

Which of the following is a method that companies might adopt in order to increase their direct foreign investment?

Multidomestic corporations ________.

Christopher,who is based in the United States has been offered a chance to work in Thailand.He finds that in this society people are expected to look after others in their family (or organization)and protect them when they are in trouble.This society tends to support ________.

Licensing is primarily used by service organizations and franchising is primarily used by manufacturing organizations.

Strategic alliance is a partnership between an organization and a foreign company partner or partners in which both share resources and knowledge in developing new products or building production facilities.

Discuss four global economic issues and how they affect management decisions,providing examples of each.

Licensing and franchising are similar approaches involving one organization giving another organization the right to use its brand name,technology,or product specifications in return for a lump sum payment or a fee usually based on sales.

What is the primary reason that the intensifying economic crisis in Europe threatens to impact the decisions of global managers in the United States and throughout the world?

The United States is an example of a country with low power distance.

Why does the U.S.Federal Reserve's announcement of a far-reaching mortgage-bond buying program raise business concerns over the new monetary policy?

Geert Hofstede's research found that countries varied on ________ dimensions of national culture.

Norway is a member of the European Union.

________ is the practice wherein an organization gives another organization the right to use its brand name,technology,or product specifications in return for a fee usually based on sales.

Managers with a polycentric attitude tend to view every foreign operation as difficult and hard to understand.

One of the hottest topics of your talk will be the North American Free Trade Agreement.One of the points that you will emphasize is that ________.

If Shana's company decides to open another company in France but centralizes its management in the United States,it would be considered a ________.

Which of the following is the basic difference between multidomestic corporations and global companies?

If Shana's company decides to open a completely new operation in Germany,tailoring the company to local customs and marketing strategies and hiring local managers,it would be then considered a ________.

The North American Free Trade Agreement includes ________.