Question 1

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

Accepted Answer

A) True 
 B)False

Question 2

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

Accepted Answer

A) True 
 B)False

Question 3

Critics of the WTO claim that ________.

Accepted Answer

A)  global trade destroys jobs and the natural environment 
B)  it favors third-world countries over developed countries 
C)  shifting jobs to developing countries harms the economies of member nations 
D)  has too little power to be effective 
A)  global trade destroys jobs and the natural environment 
B)  it favors third-world countries over developed countries 
C)  shifting jobs to developing countries harms the economies of member nations 
D)  has too little power to be effective

Question 4

Which one of the following would be considered a multinational corporation?

Accepted Answer

A)  Westernet buys electricity from Canada and provides it to customers in Washington State. 
B)  Sherri's Shipping transports manufactured goods between the U.S. and Asia, maintaining offices in both countries. 
C)  Willy's Websites maintains Internet sites for clients the world over from his offices in New Jersey. 
D)  Betty's Bonnets makes women's hats in Jamaica and sells them to retailers in seven Caribbean countries. 
A)  Westernet buys electricity from Canada and provides it to customers in Washington State. 
B)  Sherri's Shipping transports manufactured goods between the U.S. and Asia, maintaining offices in both countries. 
C)  Willy's Websites maintains Internet sites for clients the world over from his offices in New Jersey. 
D)  Betty's Bonnets makes women's hats in Jamaica and sells them to retailers in seven Caribbean countries.

Question 5

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

Accepted Answer

A)  Multidomestic corporations typically do business with more countries than global companies. 
B)  Multidomestic corporations are run by global companies but must be owned by a local, national company. 
C)  Multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country. 
D)  Multidomestic corporations reflect an ethnocentric attitude, while global companies reflect a polycentric attitude. 
A)  Multidomestic corporations typically do business with more countries than global companies. 
B)  Multidomestic corporations are run by global companies but must be owned by a local, national company. 
C)  Multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country. 
D)  Multidomestic corporations reflect an ethnocentric attitude, while global companies reflect a polycentric attitude.

Question 6

A(n) ________ attitude is the view that employees in the host country know the best practices for running their operations.

Accepted Answer

A)  ethnocentric 
B)  polycentric 
C)  geocentric 
D)  regiocentric 
A)  ethnocentric 
B)  polycentric 
C)  geocentric 
D)  regiocentric

Question 7

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.

Accepted Answer

A)  franchising agreement 
B)  strategic alliance 
C)  foreign subsidiary 
D)  joint venture 
A)  franchising agreement 
B)  strategic alliance 
C)  foreign subsidiary 
D)  joint venture

Question 8

One advantage of NAFTA has been ________.

Accepted Answer

A)  less illegal immigration into the U.S. 
B)  lower unemployment in the U.S. 
C)  a higher standard of living in Mexico 
D)  lower costs for consumers in the United States 
A)  less illegal immigration into the U.S. 
B)  lower unemployment in the U.S. 
C)  a higher standard of living in Mexico 
D)  lower costs for consumers in the United States

Question 9

Samanex Corporation maintains production facilities in 13 different countries on three continents. Each facility is managed by a native of the country where it is located. This practice is indicative of a(n) ________ attitude.

Accepted Answer

A)  ethnocentric 
B)  geocentric 
C)  polycentric 
D)  multicentric 
A)  ethnocentric 
B)  geocentric 
C)  polycentric 
D)  multicentric

Question 10

Americans tend to suffer from parochialism.

Accepted Answer

A) True 
 B)False

Question 11

Helga has noticed an increasing number of female CEOs of large corporations and also that more fathers are staying home to raise children while the mothers assume positions of leadership in business. This is a culture with ________.

Accepted Answer

A)  high gender differentiation 
B)  low gender differentiation 
C)  high humane orientation 
D)  low humane orientation 
A)  high gender differentiation 
B)  low gender differentiation 
C)  high humane orientation 
D)  low humane orientation

Question 12

A high uncertainty avoidance society is threatened by ambiguity and experiences high levels of anxiety.

Accepted Answer

A) True 
 B)False

Question 13

Multidomestic corporations ________.

Accepted Answer

A)  maintain operations in multiple countries, but do not allow managers in each country to make their own decisions 
B)  reflect ethnocentric attitudes 
C)  decentralize management and other decisions to the local country 
D)  attempt to replicate their domestic successes by managing foreign operations from the home country 
A)  maintain operations in multiple countries, but do not allow managers in each country to make their own decisions 
B)  reflect ethnocentric attitudes 
C)  decentralize management and other decisions to the local country 
D)  attempt to replicate their domestic successes by managing foreign operations from the home country

Question 14

Alfredo believes that the CEO is no better than the janitor of the organization and neither should receive preferential treatment. Using the GLOBE model, what can we infer about Alfredo's culture?

Accepted Answer

A)  Alfredo's culture is high in power distance. 
B)  Alfredo's culture is high in assertiveness. 
C)  Alfredo's culture is low in low in humane orientation. 
D)  Alfredo's culture is low in power distance. 
A)  Alfredo's culture is high in power distance. 
B)  Alfredo's culture is high in assertiveness. 
C)  Alfredo's culture is low in low in humane orientation. 
D)  Alfredo's culture is low in power distance.

Question 15

The Corrupt Foreign Practices Act forbids U.S. citizens to offer bribes to officials in other countries, but some of those officials depend on bribes to supplement their meager incomes. This particular dilemma is part of the ________ environment.

Accepted Answer

A)  demographic 
B)  political/legal 
C)  economic 
D)  cultural 
A)  demographic 
B)  political/legal 
C)  economic 
D)  cultural

Question 16

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

Accepted Answer

A)  regiocentric 
B)  polycentric 
C)  ethnocentric 
D)  geocentric 
A)  regiocentric 
B)  polycentric 
C)  ethnocentric 
D)  geocentric

Question 17

Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.

Accepted Answer

A)  within the European Union because there would be no barriers to trade 
B)  in the United States because we have the same quality as any European company 
C)  in Switzerland because the Swiss are known for their fine detail work 
D)  in Asia because labor is cheaper there 
A)  within the European Union because there would be no barriers to trade 
B)  in the United States because we have the same quality as any European company 
C)  in Switzerland because the Swiss are known for their fine detail work 
D)  in Asia because labor is cheaper there

Question 18

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.

Accepted Answer

A) True 
 B)False

Question 19

Nathan uses ethnic craftsmen to make high quality oak furniture. If he decides to offer his furniture for sale in other countries, he will be engaging in ________.

Accepted Answer

A)  importing 
B)  exporting 
C)  licensing 
D)  franchising 
A)  importing 
B)  exporting 
C)  licensing 
D)  franchising

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

Critics of the WTO claim that ________.

Which one of the following would be considered a multinational corporation?

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

A(n) ________ attitude is the view that employees in the host country know the best practices for running their operations.

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.

One advantage of NAFTA has been ________.

Samanex Corporation maintains production facilities in 13 different countries on three continents. Each facility is managed by a native of the country where it is located. This practice is indicative of a(n) ________ attitude.

Americans tend to suffer from parochialism.

Helga has noticed an increasing number of female CEOs of large corporations and also that more fathers are staying home to raise children while the mothers assume positions of leadership in business. This is a culture with ________.

A high uncertainty avoidance society is threatened by ambiguity and experiences high levels of anxiety.

Multidomestic corporations ________.

Alfredo believes that the CEO is no better than the janitor of the organization and neither should receive preferential treatment. Using the GLOBE model, what can we infer about Alfredo's culture?

The Corrupt Foreign Practices Act forbids U.S. citizens to offer bribes to officials in other countries, but some of those officials depend on bribes to supplement their meager incomes. This particular dilemma is part of the ________ environment.

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

Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.

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.

Nathan uses ethnic craftsmen to make high quality oak furniture. If he decides to offer his furniture for sale in other countries, he will be engaging in ________.

Managers and You in the Workplace

Making Decisions

Managing the External Environment and the Organizations Culture

Managing Diversity

Managing Social Responsibility and Ethics

Managing Change and Innovation

Planning Work Activities

Managing Strategy

Entrepreneurial Ventures

Designing Organizational Structure

Managing Human Resources

Creating and Managing Teams

Managing Communication

Understanding and Managing Individual Behavior

Motivating Employees

Being an Effective Leader

Monitoring and Controlling

Filters

Exam 4: Managing in a Global Environment

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

Critics of the WTO claim that ________.

Which one of the following would be considered a multinational corporation?

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

A(n) ________ attitude is the view that employees in the host country know the best practices for running their operations.

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.

One advantage of NAFTA has been ________.

Samanex Corporation maintains production facilities in 13 different countries on three continents. Each facility is managed by a native of the country where it is located. This practice is indicative of a(n) ________ attitude.

Americans tend to suffer from parochialism.

Helga has noticed an increasing number of female CEOs of large corporations and also that more fathers are staying home to raise children while the mothers assume positions of leadership in business. This is a culture with ________.

A high uncertainty avoidance society is threatened by ambiguity and experiences high levels of anxiety.

Multidomestic corporations ________.

Alfredo believes that the CEO is no better than the janitor of the organization and neither should receive preferential treatment. Using the GLOBE model, what can we infer about Alfredo's culture?

The Corrupt Foreign Practices Act forbids U.S. citizens to offer bribes to officials in other countries, but some of those officials depend on bribes to supplement their meager incomes. This particular dilemma is part of the ________ environment.

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

Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.

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.

Nathan uses ethnic craftsmen to make high quality oak furniture. If he decides to offer his furniture for sale in other countries, he will be engaging in ________.

Managers and You in the Workplace

Making Decisions

Managing the External Environment and the Organizations Culture

Managing Diversity

Managing Social Responsibility and Ethics

Managing Change and Innovation

Planning Work Activities

Managing Strategy

Entrepreneurial Ventures

Designing Organizational Structure

Managing Human Resources

Creating and Managing Teams

Managing Communication

Understanding and Managing Individual Behavior

Motivating Employees

Being an Effective Leader

Monitoring and Controlling

Filters