Question 1

Opportunities and threats that result from changes in the task environment are easier to identify and respond to than events in the general environment.

Accepted Answer

A) True 
 B)False

Question 2

________ capital is most affected by immigration and emigration.

Accepted Answer

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

Question 3

Taryn's organization places high value on employees who are confrontational and aggressive in their relationships with others. The GLOBE Project would rate this organization as high in which cultural dimension?

Accepted Answer

A) uncertainty avoidance 
B) institutional collectivism 
C) assertiveness 
D) performance orientation 
E) humane orientation 
A) uncertainty avoidance 
B) institutional collectivism 
C) assertiveness 
D) performance orientation 
E) humane orientation

Question 4

An effect of globalization is it

Accepted Answer

A) increases similarities between members of nations. 
B) prevents the economic systems of different countries from merging with each other. 
C) decreases the interconnectedness of the world's markets and businesses. 
D) decreases organizational efficiency and effectiveness. 
E) hinders the flow of financial and resource capital between countries. 
A) increases similarities between members of nations. 
B) prevents the economic systems of different countries from merging with each other. 
C) decreases the interconnectedness of the world's markets and businesses. 
D) decreases organizational efficiency and effectiveness. 
E) hinders the flow of financial and resource capital between countries.

Question 5

Political capital is the flow of

Accepted Answer

A) people around the world through immigration, migration, and emigration. 
B) natural resources, parts, and components between companies and countries. 
C) information and data across the world through the social media. 
D) money across world markets through overseas investment, credit, lending, and aid. 
E) power and influence around the world using diplomacy, persuasion, aggression, and force of arms. 
A) people around the world through immigration, migration, and emigration. 
B) natural resources, parts, and components between companies and countries. 
C) information and data across the world through the social media. 
D) money across world markets through overseas investment, credit, lending, and aid. 
E) power and influence around the world using diplomacy, persuasion, aggression, and force of arms.

Question 6

Examples of mores are

Accepted Answer

A) societal taboos which censure murder, theft, and incest. 
B) social conventions that dictate the usage of different types of cutlery. 
C) customs that govern social interaction between neighbors. 
D) traditions that prescribe gender-appropriate clothing in social gatherings. 
E) superstitions held important by different members of a society. 
A) societal taboos which censure murder, theft, and incest. 
B) social conventions that dictate the usage of different types of cutlery. 
C) customs that govern social interaction between neighbors. 
D) traditions that prescribe gender-appropriate clothing in social gatherings. 
E) superstitions held important by different members of a society.

Question 7

What benefits does the global environment offer organizations?

Accepted Answer

A) The global environment provides organizations with opportunities to increase efficiency and effectiveness. 
B) The global environment is easy to operate within and is constant, straightforward, and predictable. 
C) Fluctuating sociocultural factors do not affect the performance of organizations that function at a global level. 
D) Organizations are faced with fewer challenges and risks when they grow to prominence internationally. 
E) Organizations that operate globally seldom need to compete for scarce and valuable resources. 
A) The global environment provides organizations with opportunities to increase efficiency and effectiveness. 
B) The global environment is easy to operate within and is constant, straightforward, and predictable. 
C) Fluctuating sociocultural factors do not affect the performance of organizations that function at a global level. 
D) Organizations are faced with fewer challenges and risks when they grow to prominence internationally. 
E) Organizations that operate globally seldom need to compete for scarce and valuable resources.

Question 8

Define each of the four principal forms of capital that flow between countries and give an example of each. Explain why companies are so anxious to undertake a risk in an uncertain global environment.

Accepted Answer

The four principal forms of capital that

Question 9

When the United States sent military troops into Iraq, it was using ________ capital to influence policy.

Accepted Answer

A) power 
B) natural resource 
C) social 
D) economic 
E) political 
A) power 
B) natural resource 
C) social 
D) economic 
E) political

Question 10

According to Hofstede, individualist societies

Accepted Answer

A) value societal welfare over that of individual members of society. 
B) value personal freedom, personal success, and self-expression. 
C) emphasize subordination of the individual to the goals of the group. 
D) emphasize conformity to group norms and strong identification with the group. 
E) require individuals to put the needs of the group before their own. 
A) value societal welfare over that of individual members of society. 
B) value personal freedom, personal success, and self-expression. 
C) emphasize subordination of the individual to the goals of the group. 
D) emphasize conformity to group norms and strong identification with the group. 
E) require individuals to put the needs of the group before their own.

Question 11

What factor played an important role in speeding up globalization?

Accepted Answer

A) increased government-enforced import tariffs that protected the domestic economy 
B) export restrictions which ensured that the people of a country had access to their own products 
C) declining barriers to trade and investment that eased the flow of capital throughout the world 
D) rejection of the free-trade doctrine, which increased global outsourcing 
E) fortification of trade and investment barriers between each country 
A) increased government-enforced import tariffs that protected the domestic economy 
B) export restrictions which ensured that the people of a country had access to their own products 
C) declining barriers to trade and investment that eased the flow of capital throughout the world 
D) rejection of the free-trade doctrine, which increased global outsourcing 
E) fortification of trade and investment barriers between each country

Question 12

Define tariffs and discuss the consequences of both increasing and removing import tariffs.

Accepted Answer

A tariff is a tax that a government impo

Question 13

Describe uncertainty avoidance as developed by Hofstede. Would you prefer to live in a society that is low on uncertainty avoidance, or would you want to live in a society that is high on uncertainty avoidance? Explain why.

Accepted Answer

Uncertainty avoidance is the degree to w

Question 14

According to Hofstede, countries with a long-term orientation

Accepted Answer

A) have a high rate of per capita savings. 
B) have citizens who prioritize happiness over achievement and perseverance. 
C) have citizens who live for the present and value personal stability. 
D) have citizens who tend to spend more and save less. 
E) foster organizations that emphasize immediate results over year-end goals. 
A) have a high rate of per capita savings. 
B) have citizens who prioritize happiness over achievement and perseverance. 
C) have citizens who live for the present and value personal stability. 
D) have citizens who tend to spend more and save less. 
E) foster organizations that emphasize immediate results over year-end goals.

Question 15

The aim of import tariffs is to encourage the entry of foreign goods into a country's market.

Accepted Answer

A) True 
 B)False

Question 16

Justin has a personal library with over 5,000 novels, most of them bought from Barnes and Noble. He is an example of a Barnes and Noble

Accepted Answer

A) customer. 
B) supplier. 
C) distributor. 
D) competitor. 
E) processor. 
A) customer. 
B) supplier. 
C) distributor. 
D) competitor. 
E) processor.

Question 17

ABC Corp has developed economies of scale, which lower the barriers to entry for new competitors.

Accepted Answer

A) True 
 B)False

Question 18

Being a large powerful retailer, Walmart has done each of these, EXCEPT which one?

Accepted Answer

A) Walmart has controlled its suppliers' access to customers by demanding suppliers reduce their prices. 
B) Walmart has demanded that their overseas suppliers pay their workers based on U.S. standards. 
C) Walmart has bought only from competitors of a supplier, if the supplier refuses to reduce their prices. 
D) Walmart has demanded additional fees from U.S. suppliers for using its distribution centers and warehouses. 
E) Walmart has changed the frequency of payment to some vendors, typing payments to how quickly a supplier's inventory is bought. 
A) Walmart has controlled its suppliers' access to customers by demanding suppliers reduce their prices. 
B) Walmart has demanded that their overseas suppliers pay their workers based on U.S. standards. 
C) Walmart has bought only from competitors of a supplier, if the supplier refuses to reduce their prices. 
D) Walmart has demanded additional fees from U.S. suppliers for using its distribution centers and warehouses. 
E) Walmart has changed the frequency of payment to some vendors, typing payments to how quickly a supplier's inventory is bought.

Question 19

According to Hofstede, low-power-distance countries' societies prevent a large gap between rich and poor and minimize inequalities between different classes of citizens.

Accepted Answer

A) True 
 B)False

Question 20

Describe the role that regional trade agreements like NAFTA play in a company's decision of where to locate manufacturing and warehouse facilities. Explain how free trade areas affect business.

Accepted Answer

Regional trade agreements like NAFTA pre

Opportunities and threats that result from changes in the task environment are easier to identify and respond to than events in the general environment.

________ capital is most affected by immigration and emigration.

Taryn's organization places high value on employees who are confrontational and aggressive in their relationships with others. The GLOBE Project would rate this organization as high in which cultural dimension?

An effect of globalization is it

Political capital is the flow of

Examples of mores are

What benefits does the global environment offer organizations?

Define each of the four principal forms of capital that flow between countries and give an example of each. Explain why companies are so anxious to undertake a risk in an uncertain global environment.

When the United States sent military troops into Iraq, it was using ________ capital to influence policy.

According to Hofstede, individualist societies

What factor played an important role in speeding up globalization?

Define tariffs and discuss the consequences of both increasing and removing import tariffs.

Describe uncertainty avoidance as developed by Hofstede. Would you prefer to live in a society that is low on uncertainty avoidance, or would you want to live in a society that is high on uncertainty avoidance? Explain why.

According to Hofstede, countries with a long-term orientation

The aim of import tariffs is to encourage the entry of foreign goods into a country's market.

Justin has a personal library with over 5,000 novels, most of them bought from Barnes and Noble. He is an example of a Barnes and Noble

ABC Corp has developed economies of scale, which lower the barriers to entry for new competitors.

Being a large powerful retailer, Walmart has done each of these, EXCEPT which one?

According to Hofstede, low-power-distance countries' societies prevent a large gap between rich and poor and minimize inequalities between different classes of citizens.

Describe the role that regional trade agreements like NAFTA play in a company's decision of where to locate manufacturing and warehouse facilities. Explain how free trade areas affect business.

Managers and Managing

The Evolution of Management Thought

Values Attitudes, Emotions, and Culture: the Manager As a Person

Ethics and Social Responsibility

Managing Diverse Employees in a Multicultural Environment

Decision Making, Learning, Creativity, and Entrepreneurship

The Manager As a Planner and Strategist

Value Chain Management Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation and Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Using Advanced Information Technology to Increase Performance

Filters

Exam 6: Managing in the Global Environment

Opportunities and threats that result from changes in the task environment are easier to identify and respond to than events in the general environment.

________ capital is most affected by immigration and emigration.

Taryn's organization places high value on employees who are confrontational and aggressive in their relationships with others. The GLOBE Project would rate this organization as high in which cultural dimension?

An effect of globalization is it

Political capital is the flow of

Examples of mores are

What benefits does the global environment offer organizations?

Define each of the four principal forms of capital that flow between countries and give an example of each. Explain why companies are so anxious to undertake a risk in an uncertain global environment.

When the United States sent military troops into Iraq, it was using ________ capital to influence policy.

According to Hofstede, individualist societies

What factor played an important role in speeding up globalization?

Define tariffs and discuss the consequences of both increasing and removing import tariffs.

Describe uncertainty avoidance as developed by Hofstede. Would you prefer to live in a society that is low on uncertainty avoidance, or would you want to live in a society that is high on uncertainty avoidance? Explain why.

According to Hofstede, countries with a long-term orientation

The aim of import tariffs is to encourage the entry of foreign goods into a country's market.

Justin has a personal library with over 5,000 novels, most of them bought from Barnes and Noble. He is an example of a Barnes and Noble

ABC Corp has developed economies of scale, which lower the barriers to entry for new competitors.

Being a large powerful retailer, Walmart has done each of these, EXCEPT which one?

According to Hofstede, low-power-distance countries' societies prevent a large gap between rich and poor and minimize inequalities between different classes of citizens.

Describe the role that regional trade agreements like NAFTA play in a company's decision of where to locate manufacturing and warehouse facilities. Explain how free trade areas affect business.

Managers and Managing

The Evolution of Management Thought

Values Attitudes, Emotions, and Culture: the Manager As a Person

Ethics and Social Responsibility

Managing Diverse Employees in a Multicultural Environment

Decision Making, Learning, Creativity, and Entrepreneurship

The Manager As a Planner and Strategist

Value Chain Management Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation and Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Using Advanced Information Technology to Increase Performance

Filters