Question 1

What is meant by the free-trade doctrine? Give a business example of how the production of two products would develop over time if this doctrine were correct.

Accepted Answer

The answer of What is meant by the free-trade doctrine?...

Question 2

A national culture concerned with maintaining personal stability or happiness and living for the present has a(n):

Accepted Answer

A) Short-term orientation 
B) High power distance 
C) Low power distance 
D) Achievement orientation 
E) Nurturing orientation

Question 3

Companies from the nation of Atlantis are more efficient in the production of certain types of apparel,while U.S.companies are more efficient in the production of certain types of computers.Which economic theory predicts that the production of these types of apparel would shift to Atlantis,and the production of these types of computers would shift to the U.S.?

Accepted Answer

A) GATT 
B) NAFTA 
C) The free-trade doctrine 
D) Collectivism 
E) Invisible hand theory

Question 4

Intense rivalry among competitors creates a task environment where competitive
pressures are more moderate and managers have greater opportunities to acquire the resources they need to make their organizations effective.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is NOT an example of a demographic force in the environment?

Accepted Answer

A) Race 
B) Gender 
C) Sexual orientation 
D) Ethnic origin 
E) Diversity

Question 6

Discuss the implications for managers that work with different national

Accepted Answer

The answer of Discuss the implications for managers that work...

Question 7

Societies that have an achievement orientation place high value on the quality of life of people and their interpersonal relationships.

Accepted Answer

A) True 
 B)False

Question 8

While the Japanese culture typically values ________,the U.S.culture typically values ________.

Accepted Answer

A) Low uncertainty avoidance;high uncertainty avoidance 
B) Individualism;collectivism 
C) Collectivism;high uncertainty avoidance 
D) Collectivism;individualism 
E) Low uncertainty avoidance;collectivism

Question 9

All of the following are principal forms of capital that flow between countries EXCEPT:

Accepted Answer

A) Human 
B) Technical 
C) Political 
D) Resource 
E) Financial

Question 10

Forces in the task environment result from the actions of suppliers,distributors,customers,and competitors have a significant impact on the short-term decision making.

Accepted Answer

A) True 
 B)False

Question 11

The result of globalization is that nations and peoples become increasingly independent because the same forces affect them in similar ways.

Accepted Answer

A) True 
 B)False

Question 12

Societies,such as Denmark,that have a nurturing orientation place high value on personal relationships.

Accepted Answer

A) True 
 B)False

Question 13

The values,norms,beliefs,laws,and customs that unite the citizens of a country are known as:

Accepted Answer

A) A democracy 
B) Globalization 
C) A society 
D) The national culture 
E) The community

Question 14

A competitor of Apex Towing Company has negotiated a long-term contract with Apex's major supplier of diesel fuel.Now Apex must find another supplier of the raw materials.This is an example of an impact on the organization's:

Accepted Answer

A) Legal environment 
B) Political environment 
C) Task environment 
D) General environment 
E) Sociocultural environment

Question 15

The United States tends to have an admiration for personal success,a strong belief in individual rights,and high regard for individual entrepreneurs.The United States values:

Accepted Answer

A) Collectivism 
B) Individualism 
C) A nurturing orientation 
D) A low power distance 
E) Uncertainty avoidance

Question 16

The result of globalization is that nations and peoples become increasingly ______ because the same forces affect them in similar ways.

Accepted Answer

A) Independent 
B) Dependent 
C) Interdependent 
D) Diverse 
E) Homogeneous

Question 17

The preference of a customer for the products of a particular organization is known as:

Accepted Answer

A) Economies of scale 
B) A barrier to entry 
C) Brand loyalty 
D) Brand saturation 
E) Brand awareness

Question 18

Differentiate between a culture valuing individualism and one valuing collectivism.Provide examples of each.

Accepted Answer

The answer of Differentiate between a culture valuing individualism and...

Question 19

All of the following are examples of the task environment of the organization EXCEPT:

Accepted Answer

A) Distributors 
B) Customers 
C) Competitors 
D) Suppliers 
E) Sociocultural forces

Question 20

A supplier's bargaining position is especially strong when:

Accepted Answer

A) Many sources of the supply exist 
B) Other materials can be substituted for their specific supply 
C) The supply is vital to the organization 
D) The supply is free 
E) The supply is not protected by patent

Exam 6: Managing in the Global Environment

What is meant by the free-trade doctrine? Give a business example of how the production of two products would develop over time if this doctrine were correct.

A national culture concerned with maintaining personal stability or happiness and living for the present has a(n) :

Intense rivalry among competitors creates a task environment where competitive pressures are more moderate and managers have greater opportunities to acquire the resources they need to make their organizations effective.

Which of the following is NOT an example of a demographic force in the environment?

Discuss the implications for managers that work with different national

Societies that have an achievement orientation place high value on the quality of life of people and their interpersonal relationships.

While the Japanese culture typically values ,the U.S.culture typically values .

All of the following are principal forms of capital that flow between countries EXCEPT:

Forces in the task environment result from the actions of suppliers,distributors,customers,and competitors have a significant impact on the short-term decision making.

The result of globalization is that nations and peoples become increasingly independent because the same forces affect them in similar ways.

Societies,such as Denmark,that have a nurturing orientation place high value on personal relationships.

The values,norms,beliefs,laws,and customs that unite the citizens of a country are known as:

A competitor of Apex Towing Company has negotiated a long-term contract with Apex's major supplier of diesel fuel.Now Apex must find another supplier of the raw materials.This is an example of an impact on the organization's:

The United States tends to have an admiration for personal success,a strong belief in individual rights,and high regard for individual entrepreneurs.The United States values:

The result of globalization is that nations and peoples become increasingly ______ because the same forces affect them in similar ways.

The preference of a customer for the products of a particular organization is known as:

Differentiate between a culture valuing individualism and one valuing collectivism.Provide examples of each.

All of the following are examples of the task environment of the organization EXCEPT:

A supplier's bargaining position is especially strong when: