Understanding Management's Context: Constraints and Challenges
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Questions
What is the term for the parochialistic belief that the best work approaches and practices are those of the home country?
View answer and explanationAccording to Chapter 3, which of the following companies is given as an example of a multidomestic corporation?
View answer and explanationWhat is the first step a manager might take when deciding to go international that involves minimal investment and risk?
View answer and explanationThe World Trade Organization (WTO) evolved from which earlier trade agreement?
View answer and explanationWhich of Hofstede's cultural dimensions describes the degree to which people in a country look after their own and family interests versus expecting the group to look after and protect them?
View answer and explanationAs of the time the textbook was written, how many democratic European countries made up the European Union (EU)?
View answer and explanationAn international company that centralizes its management and other major decisions in its home country is known as a(n):
View answer and explanationThe Global Leadership and Organizational Behavior Effectiveness (GLOBE) research program identified how many dimensions on which national cultures differ?
View answer and explanationWhat type of economic system is one in which resources are primarily owned and controlled by the private sector?
View answer and explanationA specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose is called a:
View answer and explanationWhat is the term for a world-oriented view that focuses on using the best approaches and people from around the globe?
View answer and explanationWhich regional trading alliance is comprised of the United States, Canada, and Mexico?
View answer and explanationAccording to Chapter 3, which international economic organization's mission is to help its 30 member countries achieve sustainable economic growth and employment?
View answer and explanationIn Hofstede's framework, which dimension describes a culture that values things like assertiveness, acquiring money and goods, and competition?
View answer and explanationA transnational or borderless organization reflects which type of global attitude?
View answer and explanationAs of the textbook's writing, how many countries are members of the World Trade Organization (WTO)?
View answer and explanationAccording to Exhibit 3-7, which of the following is NOT one of the three components of a global mind-set?
View answer and explanationIn which stage of going international does an organization make its products domestically and sell them in other countries?
View answer and explanationWhich GLOBE framework dimension describes a society's reliance on social norms and procedures to cope with the unpredictability of the future?
View answer and explanationAccording to research cited in Chapter 3, which of the following has a greater effect on employees' behavior?
View answer and explanationWhat is the name of the single common currency adopted by many European Union member states?
View answer and explanationThe view that employees in the foreign country where an organization is doing business know the best work approaches and practices is known as a(n):
View answer and explanationWhen a manufacturing organization gives another organization the right to use its technology or product specifications in return for a fee, it is engaging in:
View answer and explanationWhich of the following is NOT one of Hofstede's five dimensions of national culture?
View answer and explanationAccording to the 'by the numbers' box on page 77, what percentage of U.S. workers say they 'live to work'?
View answer and explanationWhat is the primary focus of a global company, as described in Chapter 3?
View answer and explanationThe U.S.-Central America Free Trade Agreement (CAFTA) promotes trade liberalization between the United States and how many Central American countries?
View answer and explanationWhich of the following is an example of an economic issue a global manager must be aware of when doing business in other countries?
View answer and explanationWhich of the following is NOT one of the three main dimensions of cultural intelligence?
View answer and explanationA multinational corporation (MNC) that centralizes its management in the home country reflects which type of global attitude?
View answer and explanationWhich of the following describes a planned economy?
View answer and explanationAccording to Hofstede's framework, a culture with a low power distance score would likely be characterized by which of the following?
View answer and explanationWhich global organization, with 185 member countries at the time of the textbook's writing, is primarily focused on promoting international monetary cooperation and providing policy advice and temporary loans?
View answer and explanationA manager who believes that people in foreign countries lack the necessary skills, expertise, or experience to make the best business decisions is demonstrating a(n):
View answer and explanationAccording to the 'by the numbers' box on page 77, what percentage of public middle and high schools in the United States offer Spanish as a foreign language option?
View answer and explanationWhat is the primary distinction between licensing and franchising as methods for an organization to go global?
View answer and explanationWhat is the primary goal of the World Bank Group?
View answer and explanationThe GLOBE framework's dimension of 'humane orientation' is most similar to which of Hofstede's cultural dimensions?
View answer and explanationWhich method of entering a global market involves the greatest commitment of resources and poses the greatest amount of risk?
View answer and explanationAccording to a study cited in Chapter 3, U.S. manufacturing firms that operated in multiple countries had sales growth that was how much greater than strictly domestic firms?
View answer and explanationWhich of the following is identified in Chapter 3 as a challenge for managers associated with the openness required by globalization?
View answer and explanationIn the GLOBE framework, the degree to which a society encourages and rewards its members for performance improvement and excellence is known as:
View answer and explanationAccording to the answers provided on page 95 for the 'Who Owns What' quiz, the company that produces Boboli pizza crust is based in which country?
View answer and explanationBased on Exhibit 3-2, the ASEAN map, which of the following countries is NOT a member of the Association of Southeast Asian Nations (ASEAN)?
View answer and explanationThe rigidly applied attitude of 'ours is better than theirs' when dealing with foreign cultures is a sign of what?
View answer and explanationWhat is the component of the global mind-set that refers to a leader's knowledge of international business and their capacity to understand how business works on a global scale?
View answer and explanationIn Hofstede's framework, a culture with high uncertainty avoidance would be characterized by people who are:
View answer and explanationThe African Union (AU), a regional trading alliance, consists of how many nations?
View answer and explanationWhich of the following is identified in Chapter 3 as a challenge associated with managing a global workforce?
View answer and explanationAccording to the answers provided for the 'Who Owns What' quiz on page 95, Volvo cars are a product of a company based in which country?
View answer and explanation