Exam 5: Global Management and Cultural Diversity

Derrick decides to shut down his steel business in Kenya and shift the production to his home country, the United States. The rising labor problems and political disruptions in the host country had led him to make this decision. This method of shifting of business to a native location is called _____.

A tight culture has ____ social norms and expects members to conform with them.

Sasha, a wealthy industrialist, owns several coffee plantations in Brazil. Encouraged by the rising sales figures in the domestic market, Sasha decides to sell her local brand of coffee in markets around the world. Which of the following terms is applicable to this business strategy?

Cultures where it is possible to begin making business deals only after social relationships are established are referred to as _____ cultures.

Arguments against NAFTA blame the organization for:

A foreign subsidiary is a foreign operation completely owned and controlled by a local firm.

Intercultural competencies are skills that help an individual to function successfully in cross-cultural situations.

The globalization gap is where large multinational corporations and industrialized nations gain ____ from the benefits of globalization.

Distinguish between tight and loose cultures. Provide examples.

Juan went to Japan on a company assignment. He often got confused because his hosts did not articulate their expectations and goals clearly. He would ask a lot of questions and would find himself talking a lot. Later, he learnt that he had to consider their gestures to get the complete picture. Which of the following terms best describes the culture of Juan's hosts?

People with cultural intelligence:

Which of the following pillars of management advocates that a person to be inquisitive and curious about cultural differences?

Executives of transnationals view the entire world as their domain for acquiring resources.

Mobike, a major motorcycle manufacturer sells its motorcycles in more than 20 countries across the globe. According to this information, Mobike is an example of a _____.

Oskar Gassner, a German businessman, decided to meet one of his clients in the latter's office in Abu Dhabi. He was frustrated to find that after an initial warm greeting, his client continued to deal with the continuous stream of visitors flowing in and out of his office. Gassner concluded that he was not being given the dedicated attention he deserved. This is because Gassner closely identifies his working style with the _____ cultural values.

A(n) ____ corporation is a multinational enterprise that conducts commercial transactions across national boundaries.

Proxemics is the study of how people use space to communicate.

Ilda Bach, an elderly German woman, decides to visit her friend living in Indonesia after many decades. Having never visited the country before, she feels confused, anxious, uncomfortable, and in need of information and advice during her stay. She is most likely experiencing _____.

Kiera, a resident of Ukraine, decides to travel to the United States for a vacation. Her impression about Americans, who she thinks are strongly individualistic without exception, derives from Stephan. Stephan was once Kiera's tenant and the only American she has ever met. Stephan is in the danger of falling prey to the _____.

Which of the following is true with regard to the European Union (EU)?