Question 1

________ capital flows through the processes of overseas investment, credit, lending, and aid.

Accepted Answer

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

Question 2

Surrey Store gets its products directly from the manufacturer and sells them to consumers. In this case, the manufacturer is a

Accepted Answer

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

Question 3

How has the lowering of barriers to trade and investment affected managers' ability to expand their businesses?

Accepted Answer

The lowering of barriers to trade and in

Question 4

A ________ is an organization that is NOT presently in a task environment but has the resources to enter if it so chooses.

Accepted Answer

A) potential supplier 
B) potential competitor 
C) distributor 
D) supplier 
E) competitor 
A) potential supplier 
B) potential competitor 
C) distributor 
D) supplier 
E) competitor

Question 5

________ are individuals and groups that buy the goods and services an organization produces.

Accepted Answer

A) Customers 
B) Suppliers 
C) Distributors 
D) Competitors 
E) Processors 
A) Customers 
B) Suppliers 
C) Distributors 
D) Competitors 
E) Processors

Question 6

Proscriptions against murder, theft and adultery are ________ that are central to the functioning of society.

Accepted Answer

A) mores 
B) folkways 
C) values 
D) laws 
E) superstitions 
A) mores 
B) folkways 
C) values 
D) laws 
E) superstitions

Question 7

Collectivism values include

Accepted Answer

A) assertiveness. 
B) warm personal relationships. 
C) persistence in achieving goals. 
D) subordination of the individual to the goals of the group. 
E) a high regard for self-expression. 
A) assertiveness. 
B) warm personal relationships. 
C) persistence in achieving goals. 
D) subordination of the individual to the goals of the group. 
E) a high regard for self-expression.

Question 8

Which cultural dimension in the GLOBE Project is being demonstrated by an organization that encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others?

Accepted Answer

A) in-group collectivism 
B) future orientation 
C) gender egalitarianism 
D) performance orientation 
E) humane orientation 
A) in-group collectivism 
B) future orientation 
C) gender egalitarianism 
D) performance orientation 
E) humane orientation

Question 9

Apple contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of global

Accepted Answer

A) exporting. 
B) franchising. 
C) importing. 
D) networking. 
E) outsourcing. 
A) exporting. 
B) franchising. 
C) importing. 
D) networking. 
E) outsourcing.

Question 10

The task environment includes

Accepted Answer

A) the wide-ranging global, technological, sociocultural, and political forces that affect organizations. 
B) the forces that have the least immediate effect on managers and their decisions. 
C) opportunities and threats that are harder to identify than those in the general environment. 
D) a framework of environmental policies that dictate the CSR policies of global organizations. 
E) the set of forces that originate with global suppliers, distributors, customers, and competitors. 
A) the wide-ranging global, technological, sociocultural, and political forces that affect organizations. 
B) the forces that have the least immediate effect on managers and their decisions. 
C) opportunities and threats that are harder to identify than those in the general environment. 
D) a framework of environmental policies that dictate the CSR policies of global organizations. 
E) the set of forces that originate with global suppliers, distributors, customers, and competitors.

Question 11

A high level of rivalry typically results in price competition that increases existing prices.

Accepted Answer

A) True 
 B)False

Question 12

Assume you live in a society that is high on individualism and has a long-term orientation. Describe what attributes you would likely exhibit.

Accepted Answer

Student answers will vary but should inc

Question 13

By ________, Hofstede was referring to the degree to which societies accept the idea that inequalities in the power and well-being of their citizens are due to differences in individuals' physical and intellectual capabilities and heritage.

Accepted Answer

A) power distance 
B) individualism 
C) collectivism 
D) uncertainty avoidance 
E) long-term orientation 
A) power distance 
B) individualism 
C) collectivism 
D) uncertainty avoidance 
E) long-term orientation

Question 14

Due to changing ________ forces, Constantine's oil company benefited greatly from decreased regulation of his industry.

Accepted Answer

A) sociocultural 
B) political and legal 
C) technological 
D) ethnographic 
E) demographic 
A) sociocultural 
B) political and legal 
C) technological 
D) ethnographic 
E) demographic

Question 15

Globalization has decreased the levels of interdependence between people and nations.

Accepted Answer

A) True 
 B)False

Question 16

The GLOBE Project's cultural dimension of ________ focuses on the degree to which individuals express pride, loyalty, and cohesiveness in their organizations or families.

Accepted Answer

A) in-group collectivism 
B) institutional collectivism 
C) assertiveness 
D) performance orientation 
E) humane orientation 
A) in-group collectivism 
B) institutional collectivism 
C) assertiveness 
D) performance orientation 
E) humane orientation

Question 17

Define globalization and explain why the global market is becoming more open.

Accepted Answer

Globalization is the set of specific and

Question 18

Briefly discuss the factors that led to the decline of distance and cultural barriers and the impact this had upon companies operating in the global environment.

Accepted Answer

Historically, barriers of distance and c

Question 19

Which type of forces are outcomes of changes in or changing attitudes toward the characteristics of a population?

Accepted Answer

A) demographic 
B) terminal 
C) ethnographic 
D) geopolitical 
E) instrumental 
A) demographic 
B) terminal 
C) ethnographic 
D) geopolitical 
E) instrumental

Question 20

You are considering expanding your chain of stores to another country, but you are concerned about the barriers to entry. Describe in brief the three main sources from which barriers to entry result. How would you manage these barriers?

Accepted Answer

Barriers to entry are factors that make

________ capital flows through the processes of overseas investment, credit, lending, and aid.

Surrey Store gets its products directly from the manufacturer and sells them to consumers. In this case, the manufacturer is a

How has the lowering of barriers to trade and investment affected managers' ability to expand their businesses?

A ________ is an organization that is NOT presently in a task environment but has the resources to enter if it so chooses.

________ are individuals and groups that buy the goods and services an organization produces.

Proscriptions against murder, theft and adultery are ________ that are central to the functioning of society.

Collectivism values include

Which cultural dimension in the GLOBE Project is being demonstrated by an organization that encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others?

Apple contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of global

The task environment includes

A high level of rivalry typically results in price competition that increases existing prices.

Assume you live in a society that is high on individualism and has a long-term orientation. Describe what attributes you would likely exhibit.

By ________, Hofstede was referring to the degree to which societies accept the idea that inequalities in the power and well-being of their citizens are due to differences in individuals' physical and intellectual capabilities and heritage.

Due to changing ________ forces, Constantine's oil company benefited greatly from decreased regulation of his industry.

Globalization has decreased the levels of interdependence between people and nations.

The GLOBE Project's cultural dimension of ________ focuses on the degree to which individuals express pride, loyalty, and cohesiveness in their organizations or families.

Define globalization and explain why the global market is becoming more open.

Briefly discuss the factors that led to the decline of distance and cultural barriers and the impact this had upon companies operating in the global environment.

Which type of forces are outcomes of changes in or changing attitudes toward the characteristics of a population?

You are considering expanding your chain of stores to another country, but you are concerned about the barriers to entry. Describe in brief the three main sources from which barriers to entry result. How would you manage these barriers?

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

________ capital flows through the processes of overseas investment, credit, lending, and aid.

Surrey Store gets its products directly from the manufacturer and sells them to consumers. In this case, the manufacturer is a

How has the lowering of barriers to trade and investment affected managers' ability to expand their businesses?

A ________ is an organization that is NOT presently in a task environment but has the resources to enter if it so chooses.

________ are individuals and groups that buy the goods and services an organization produces.

Proscriptions against murder, theft and adultery are ________ that are central to the functioning of society.

Collectivism values include

Which cultural dimension in the GLOBE Project is being demonstrated by an organization that encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others?

Apple contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of global

The task environment includes

A high level of rivalry typically results in price competition that increases existing prices.

Assume you live in a society that is high on individualism and has a long-term orientation. Describe what attributes you would likely exhibit.

By ________, Hofstede was referring to the degree to which societies accept the idea that inequalities in the power and well-being of their citizens are due to differences in individuals' physical and intellectual capabilities and heritage.

Due to changing ________ forces, Constantine's oil company benefited greatly from decreased regulation of his industry.

Globalization has decreased the levels of interdependence between people and nations.

The GLOBE Project's cultural dimension of ________ focuses on the degree to which individuals express pride, loyalty, and cohesiveness in their organizations or families.

Define globalization and explain why the global market is becoming more open.

Briefly discuss the factors that led to the decline of distance and cultural barriers and the impact this had upon companies operating in the global environment.

Which type of forces are outcomes of changes in or changing attitudes toward the characteristics of a population?

You are considering expanding your chain of stores to another country, but you are concerned about the barriers to entry. Describe in brief the three main sources from which barriers to entry result. How would you manage these barriers?

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