Managing in a Global Environment
50 questions available
Questions
According to the KOF Swiss Economic Institute's 2013 Index of Globalization, which of the following countries was ranked as the least globalized among the options provided?
View answer and explanationWhat are the three dimensions required for a global mindset as illustrated in Exhibit 4.2?
View answer and explanationIn 2012, what percentage of all vehicles sold by General Motors (GM) did China account for?
View answer and explanationWhich type of multinational corporation (MNC) is truly world-oriented and favors no specific country?
View answer and explanationThe bottom of the pyramid (BOP) concept refers to a group of more than 4 billion people who earn less than what amount per year?
View answer and explanationWhat is the market entry strategy that involves a company sharing costs and risks with another firm, typically in the host country, to develop new products or build a facility?
View answer and explanationAccording to the World Economic Forum's Country Competitiveness Comparison for 2011, which country ranked first overall?
View answer and explanationWhat is the term for a natural tendency of people to regard their own culture as superior and to downgrade or dismiss other cultural values?
View answer and explanationIn Geert Hofstede's value dimensions, which term describes a preference for achievement, heroism, assertiveness, and material success?
View answer and explanationWhich of the following describes a low-context culture?
View answer and explanationWhat does the term political risk refer to in international management?
View answer and explanationThe most costly and risky type of direct investment, where a company builds a subsidiary from scratch in a foreign country, is known as what?
View answer and explanationAccording to a 2010 survey by The Wall Street Journal and NBC News, what percentage of Americans said that free trade has actually hurt the United States?
View answer and explanationWhich of the GLOBE Project's value dimensions refers to the degree to which a society encourages and rewards people for being fair, altruistic, generous, and caring?
View answer and explanationWhat is the term for a person's ability to use reasoning and observation skills to interpret unfamiliar gestures and situations and devise appropriate behavioral responses?
View answer and explanationWhich regional trade alliance evolved from the European Economic Community and aims to create a powerful single-market system for its member nations?
View answer and explanationWhat is the primary characteristic that distinguishes direct investing from other market entry strategies?
View answer and explanationIn Hofstede's value dimensions, which country is listed as having a high value for power distance?
View answer and explanationWhat is the most popular form of direct investment for companies engaging in international business today?
View answer and explanationThe psychological dimension of a global mindset includes which of the following characteristics?
View answer and explanationWhat does a high score in the 'uncertainty avoidance' dimension, as defined by Hofstede, indicate about a society?
View answer and explanationBy 2012, Yum! Brands' China business accounted for what portion of the company's total revenue?
View answer and explanationWhich of the following is NOT one of the three distinctive managerial characteristics of a multinational corporation (MNC)?
View answer and explanationWhat is the term for the physical facilities, such as highways, airports, utilities, and telephone lines, that support a country's economic activities?
View answer and explanationIn Hofstede's framework, what does a cultural preference for a tightly knit social framework in which individuals look after one another describe?
View answer and explanationWhich market entry strategy enables a company to market its products in other countries at modest resource cost and with limited risk by maintaining production in the home nation?
View answer and explanationBy 2020, India’s pharmaceuticals industry is projected to become a global leader, as it is already the world's largest exporter of what?
View answer and explanationWhat is the primary reason the North American Free Trade Agreement (NAFTA) was established?
View answer and explanationWhich of the following is an example of a high-context culture, according to the text?
View answer and explanationWhat is the defining characteristic of global outsourcing, also known as offshoring?
View answer and explanationThe World Economic Forum's Global Competitiveness Report traditionally uses which criterion to classify countries as developed or developing?
View answer and explanationIn the GLOBE Project's value dimensions, what does a high score in 'performance orientation' signify?
View answer and explanationWhich international institution evolved from the General Agreement on Tariffs and Trade (GATT) and has the legal authority to arbitrate trade disputes among its 159 member countries?
View answer and explanationWhat term is used for a form of licensing where a franchisee buys a complete package of materials and services, including trademarks, and adopts the name and systems of the franchisor?
View answer and explanationBetween 1990 and 2003, the number of multinational corporations (MNCs) is estimated to have increased from 3,000 to what number?
View answer and explanationIn Hofstede's value dimensions, which of the following reflects a value for a loosely knit social framework where individuals are expected to care for themselves?
View answer and explanationWhat is the primary difference between a polycentric company and a geocentric company?
View answer and explanationAccording to the misery index illustrated in Exhibit 4.6, which combines unemployment and budget deficit, what was the approximate score for the United States in 2010?
View answer and explanationIn the context of the GLOBE Project, which country is listed as having a high value on assertiveness?
View answer and explanationThe Arab Spring, a revolutionary wave of protests that created a tumultuous environment for businesses, began in which period?
View answer and explanationHofstede's long-term orientation, which includes a concern for the future and values thrift, is most commonly found in which countries?
View answer and explanationWhat is the primary concern cited in the United States regarding the globalization backlash?
View answer and explanationAn MNC that places emphasis on its home country's values and practices is known as which type of company?
View answer and explanationIn the Country Competitiveness Comparison for 2011, India's GDP was approximately $4,515,000,000,000 with a labor force of 487,600,000. What was its competitiveness ranking?
View answer and explanationWhat does Hofstede's 'femininity' dimension reflect in a society's value system?
View answer and explanationThe company Nestlé SA is provided as a good example of which type of multinational corporation?
View answer and explanationWhat is a primary advantage of a greenfield venture as a direct investment strategy?
View answer and explanationIn the GLOBE Project rankings, which country is listed as having low 'gender differentiation', meaning women have a higher status and play a larger role in decision making?
View answer and explanationWhat does a company typically receive more than 25 percent of to be classified as a multinational corporation (MNC)?
View answer and explanationThe American expression 'The squeaky wheel gets the grease' is contrasted with the Chinese and Japanese sayings 'Quacking ducks get shot' to illustrate the difference between which two types of cultures?
View answer and explanation