Exam 3: Managing in a Global Environment

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

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In international operations, the economic environment includes:

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A form of direct investment is franchising.

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Jana has a high tolerance for the unstructured, the unclear, and the unpredictable. She can best be described as having:

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________refers to a value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.

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Organizations whose social values reflect low power distance:

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Which of the following is NOT a legal-political factor in the international environment?

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German, Swiss, and North American cultures are among the high-context cultures.

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________generally are located in Asia, Africa and South America.

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A foreign subsidiary over which an organization has complete control is called a:

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________refers to the degree to which people accept inequality in authority among institutions, organizations, and people.

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________is normally used to classify countries as developed or developing.

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The countries experiencing political stability face the greatest threat of violence.

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One advantage to acquiring a wholly owned foreign affiliate is that the company that acquires it would then have complete control.

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Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's would be considered a:

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A country's physical facilities that support economic activities make up its .

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According to the GLOBE Project, gender differentiation refers to the extent to which a society maximizes gender role differences.

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Which of the following countries possesses a high performance orientation?

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Geocentric companies are truly world-oriented and favor no specific country.

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According to the GLOBE Project, a society with a high performance orientation places high emphasis on performance and rewards people for performance improvements and excellence.

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