Exam 4: Managing in a Global Environment

Adam has been hired by an organization that has a partnership with a foreign company. Both the partners share resources and knowledge while developing new products. Adam's organization has formed a ________.

Which of the following is a feature of a multidomestic corporation?

List and explain Hofstede's five dimensions of national culture.

Hofstede's Five Dimensions of National Culture would predict which of the following?

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

Melanie would like to become a part of the global retail community. Which of the following options should Melanie consider as her first step?

An ethnocentric attitude stems from ________.

A manager who wishes to be successful in international business should avoid a(n) ________ attitude.

Which one of the following types of global organizations reflects the geocentric attitude?

Granval manages a production facility in Aughmenistan for a multinational company headquartered in Paris. His Paris bosses emphasize the importance of operating his plant efficiently so as to conserve scarce resources. It is likely Granval's employer is

Marco works for a multinational corporation as a plant manager but must receive approval from the home office for any management changes to production processes. Marco most likely works for a ________.

Transnational organizations are also known as ________.

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.

Define parochialism. Discuss why parochialism is a problem for U.S. managers and discuss reasons why it is important to overcome parochialism in today's business environment.

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

Explain some of the benefits and challenges faced by American businesses because of America's membership in NAFTA.

Coca-Moka, an American beverage company, sells its soft drinks in Thirstania. After earning large profits, Coca-Moka discovered it could not export those profits back to its American banks because of the ________ in Thirstania.

In today's global environment, managers must have a(n) ________ attitude to be successful.

Only speaking one language is one sign that a nation suffers from ________.

Harley Davidson makes motorcycles but in its retail stores it also sells clothing, motorcycle accessories, jewelry, and many related products carrying the Harley trademarks made by other companies. Harley Davidson is engaging in ________.