Question 1

Riots, revolutions, civil disorders, and frequent changes in government that affect the operations of an international company show __________ in a country.

Accepted Answer

The answer of Riots, revolutions, civil disorders, and frequent changes...

Question 2

__________ means engaging in the international division of labor so that work activities can be done in countries with the cheapest sources of labor and supplies.

Accepted Answer

The answer of __________ means engaging in the international division...

Question 3

__________ companies place an emphasis on a worldwide perspective.

Accepted Answer

A) Polycentric 
B) Geocentric 
C) Ethnocentric 
D) Regiocentric 
E) Domestic

Question 4

The maquiladora industry along the Texas-Mexico border on the Mexico side uses cheap labor for assembling products.This lowers the price for U.S.consumers and is an example of ______.

Accepted Answer

A) licensing 
B) joint venture 
C) outsourcing 
D) franchising 
E) a greenfield venture

Question 5

An example of global outsourcing is seen when Gap, Inc.uses low-cost Caribbean labor to cheaply produce its clothing, and then finishes off and sells its clothing in the United States.

Accepted Answer

A) True 
 B)False

Question 6

Different laws and regulations make doing business a challenge for international firms.

Accepted Answer

A) True 
 B)False

Question 7

Explain the three distinctive managerial characteristics of MNCs.

Accepted Answer

The answer of Explain the three distinctive managerial characteristics of...

Question 8

A multinational corporation typically receives more than ______ percent of its total sales revenues from operations outside the parent's home country.

Accepted Answer

A) 5 
B) 15 
C) 25 
D) 45 
E) 75

Question 9

As a first step into international business, which two countries are most companies going to today?

Accepted Answer

A) Russia and Japan 
B) Sweden and Germany 
C) China and India 
D) Brazil and Philippines 
E) Indonesia and Brazil

Question 10

The revolutionary wave of protests known as the Arab Spring has created a tumultuous environment for businesses operating in the region.

Accepted Answer

A) True 
 B)False

Question 11

The extent to which trade and investments, information, social and cultural ideas, and political cooperation flow between countries is called _______.

Accepted Answer

A) standardization 
B) industrialization 
C) globalization 
D) internationalism 
E) linguistic pluralism

Question 12

All of the following are cultural dimensions as defined by the GLOBE Project, EXCEPT ____.

Accepted Answer

A) assertiveness 
B) gender differentiation 
C) performance orientation 
D) humane orientation 
E) masculinity

Question 13

Which of these is NOT typically considered part of the flow of globalization?

Accepted Answer

A) Trade and investments 
B) Infrastructure 
C) Information 
D) Social and cultural ideas 
E) Political cooperation

Question 14

A company's risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments is referred to as _________.

Accepted Answer

A) MFN 
B) political risk 
C) tariffs 
D) political instability 
E) terrorism

Question 15

In a __________, people use communication primarily to exchange facts and information.

Accepted Answer

The answer of In a __________, people use communication primarily...

Question 16

The __________ dimension of the global mind-set means knowing about the global environment and global business, mentally understanding how cultures differ, and having the ability to interpret complex global changes.

Accepted Answer

The answer of The __________ dimension of the global mind-set...

Question 17

Briefly explain the difference between high-power distance and low-power distance.

Accepted Answer

The answer of Briefly explain the difference between high-power distance...

Question 18

When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent and trademark rights available to Nano Technologies, a Russian company, thereby allowing Nano to make products similar to Harbor's, it is engaging in exporting.

Accepted Answer

A) True 
 B)False

Question 19

__________ stands for preference for achievement, heroism, assertiveness, work centrality (with resultant high stress), and material success.

Accepted Answer

The answer of __________ stands for preference for achievement, heroism,...

Question 20

Many companies first get involved internationally by exporting.

Accepted Answer

A) True 
 B)False

Exam 3: Managing in a Global Environment

Riots, revolutions, civil disorders, and frequent changes in government that affect the operations of an international company show __________ in a country.

__________ means engaging in the international division of labor so that work activities can be done in countries with the cheapest sources of labor and supplies.

__________ companies place an emphasis on a worldwide perspective.

The maquiladora industry along the Texas-Mexico border on the Mexico side uses cheap labor for assembling products.This lowers the price for U.S.consumers and is an example of ______.

An example of global outsourcing is seen when Gap, Inc.uses low-cost Caribbean labor to cheaply produce its clothing, and then finishes off and sells its clothing in the United States.

Different laws and regulations make doing business a challenge for international firms.

Explain the three distinctive managerial characteristics of MNCs.

A multinational corporation typically receives more than ______ percent of its total sales revenues from operations outside the parent's home country.

As a first step into international business, which two countries are most companies going to today?

The revolutionary wave of protests known as the Arab Spring has created a tumultuous environment for businesses operating in the region.

The extent to which trade and investments, information, social and cultural ideas, and political cooperation flow between countries is called _______.

All of the following are cultural dimensions as defined by the GLOBE Project, EXCEPT ____.

Which of these is NOT typically considered part of the flow of globalization?

A company's risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments is referred to as _________.

In a __________, people use communication primarily to exchange facts and information.

The __________ dimension of the global mind-set means knowing about the global environment and global business, mentally understanding how cultures differ, and having the ability to interpret complex global changes.

Briefly explain the difference between high-power distance and low-power distance.

When Harbor Trades, a Korean-based company, makes resources including technology, managerial skills, and patent and trademark rights available to Nano Technologies, a Russian company, thereby allowing Nano to make products similar to Harbor's, it is engaging in exporting.

__________ stands for preference for achievement, heroism, assertiveness, work centrality (with resultant high stress), and material success.

Many companies first get involved internationally by exporting.