Exam 3: Managing in a Global Environment

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The ________ was formed by twelve original members with the primary motivation of reasserting the region's economic position against the United States and Japan.

(Multiple Choice)
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List and explain Hofstede's five dimensions of national culture.

(Essay)
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One section of Shana's company's business plan involves setting up a foreign subsidiary.This arrangement involves ________.

(Multiple Choice)
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List and discuss the three attitudes managers might have toward international business.

(Essay)
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The forerunner of the Organization for Economic Cooperation and Development was the ________ that was formed in 1947 to administer American and Canadian aid under the Marshall Plan for the reconstruction of Europe after World War II.

(Multiple Choice)
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Monolingualism is one sign that a nation suffers from ________.

(Multiple Choice)
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The ________ is a group of five closely associated institutions,all owned by its member countries,that provides vital financial and technical assistance to developing countries around the world.

(Multiple Choice)
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A(n)________ attitude is characterized by parochialism.

(Multiple Choice)
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Transnational organizations are also known as ________.

(Multiple Choice)
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Managers with an ethnocentric attitude do not trust foreign employees with key decisions or technology.

(True/False)
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________ is the extent to which a society encourages people to be tough,confrontational,and competitive rather than modest and tender.

(Multiple Choice)
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A country with ________ is comfortable with risks and is tolerant towards different behavior and opinions.

(Multiple Choice)
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Explain the differences between a multidomestic corporation,a global company,and a borderless organization.Include examples of companies for each of the types of organizations discussed.

(Essay)
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The Global Leadership and Organizational Behavior Effectiveness program identified ________ dimensions on which national cultures differ.

(Multiple Choice)
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Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

(True/False)
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An organization decides to go international.Which of the following steps should it take to do so with a minimal investment?

(Multiple Choice)
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The World Trade Organization was formed in the year ________.

(Multiple Choice)
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Multidomestic corporations reflect the ________.

(Multiple Choice)
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The GLOBE framework for assessing cultures is similar to Hofstede's framework,but measures fewer dimensions.

(True/False)
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A ________ economy is one in which resources are primarily owned and controlled by the private sector.

(Multiple Choice)
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