Exam 4: Political and Regulatory Climate

IBM was unhappy with Romania's recent decision to revoke their five-year tax holiday for export-oriented investors.IBM decided they would try to bargain with the Romanian government to try and get them to change this regulation.This is an example of the ____ strategy for managing regulatory change.

In China,there are no bankruptcy laws.

Government subsidies are most likely to be given to firms that

An American company sets up a subsidiary in Thailand,including a production facility and marketing/sales office.In this example,Thailand is a(n)____ country.

It can take 153 days to establish a business in Mozambique compared with three days in Canada.It takes twenty-one steps to register a commercial property in Nigeria compared with only three steps in Finland.These are examples of cross-national differences in ____.

Any country that contains an operational unit of an international company can be defined as a home country.

In Vietnam,foreign electric component manufacturers are required by the Vietnamese government to prove that a minimum of 20 percent of the components must be made with local input products.This is an example of ____.

Up to 100 percent foreign ownership of ports and toll roads is allowed by the Indian government.

Protecting national security and cultural identity are some goals of most governments.

The rise of international terrorism has not had an impact on global marketing.

Governments often used subsidies to encourage firms that would be major exporters.

When Proctor and Gamble entered into the Russian market,the Government Relations department put together a report that identified all the individuals in Russia involved in a regulatory decision and summarized their points of view on foreign investment regulations.In this example,Proctor and Gamble conducted a ____ in this report.

When faced with a regulatory change,a company can choose a(n)____________________ strategy by making strategic moves that bypass the impact of government's actions.

In the past 25 years,which country has not been embargoed by the United States?

The main reason countries limit foreign ownership of newspapers,television,and radio stations is to

In Saudi Arabia,there are many rules,norms,and standards for correct behavior.Saudi Arabia is an example of a ____ culture.

Many host governments try to improve a nation's prosperity by increasing imports.

Political risk is more predictable than regulatory change.

About 90 percent of very large U.S.companies carry terrorism insurance.

The Japanese government informed the producers of Clearasil that if they explicitly promoted their product as an acne medicine,they would be restricted to sell their products only in pharmacies.But Clearasil wanted to also sell its products in Japanese grocery stores.So the company decided to position the product as a health-enhancing skincare lotion in its advertising.This enabled the company to place its product in Japanese grocery stores.This change enabled the Clearasil producer to ____ Japanese regulations.