Exam 3: Managing in a Global Environment

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Which of the following is defined as a culture in which communication is used to enhance personal relationships?

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If you built a computer company in Africa and then found that your product was having difficulty being distributed to customers because of the road system, your problem would be related to:

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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 whereby allowing Nano to make products similar to Harbor, it is engaging in exporting.

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_________reflects the values of relationships, cooperation, group decision making, and quality of life.

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Ethnocentrism refers to a natural tendency of people to regard their own culture as inferior to other cultures.

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A high humane orientation means that a society encourages toughness, assertiveness, and competitiveness.

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Franchising is a form of which of these?

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Scenario - Sharon Cannon Sharon Cannon, a U.S. native, was an MBA student in Detroit, Michigan, with a managerial position at the Ford Motor Company plant. She was invited to join a company that had entered into a joint venture with a German firm to manage a Volkswagen plant. Sharon would be under contract for one year, with an option to renew for a total of three years. Her salary would be 350% more than she was currently earning, and she would be given two all- expenses paid vacations each year. The money and the benefits sounded very nice, but Sharon wasn't sure what the best choice would be. -Which of Hofstede's value dimensions would be accurate for Sharon's native culture?

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An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 27-nation_________ .

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With exporting, the corporation transfers its products for sale and its production facilities in foreign countries.

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The basic management functions of planning, organizing, leading, and controlling are the same whether a company operates domestically or internationally.

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List the four dimensions of national value systems identified by Hofstede.

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Fifteen member states of the EU have adopted the rupee, as a single European currency.

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Which of these reflects a cultural preference for cooperation, group decision making, and quality of life?

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The management of business operations conducted in more than one country is called:

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Social values greatly influence organizational functioning and management styles.

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One of Hofstede's social values that was developed later is:

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Which of the following countries possesses a low degree of gender differentiation?

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A low-context culture is a culture in which communication is used to enhance personal relationships.

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The least costly and least risky direct investment is called a greenfield venture.

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