Exam 2: The Environment of Organizations and Managers

A(n) _____ occurs when an employee's decision potentially benefits the individual to the possible detriment of the organization.

An American company is in a joint venture with an overseas Asian company. The U.S. managers are particular about time management and appointments for conference calls and meetings. However, their overseas Asian counterparts are not conditioned the same way and don't necessarily adhere to schedules. This variation in time management is an aspect of their _____ environment.

The term _____ refers to behavior that conforms to generally accepted social norms.

Define whistle-blowing and briefly describe the problems that employees who elect to be whistle-blowers may encounter.

_____ are light assembly plants built in Northern Mexico close to the U.S. border.

The set of broad dimensions and forces in an organization's surroundings that determines its overall context is called the:

The _____ of the general environment is made up of the methods available for converting resources into products or services.

Development of guidelines and codes of conduct is one of the most common ways through which an organization ensures _____.

Which of the following approaches to internationalization of business has the disadvantage of shared ownership?

The set of obligations that an organization has to protect and enhance the societal context in which it functions is called its:

Which of the following is an advantage of direct investment?

An advantage of importing and exporting is:

The _____ is a trade agreement intended to promote international trade by reducing trade barriers and making it easier for all nations to compete in international markets.

Standards of behavior that guide individual managers in their work are called _____.

Which of the following determines an organization's culture?

Jeffry's Foodbar, a locally owned restaurant is experiencing competition from an internationally known chain of fast food restaurants, which has recently started business in its neighborhood. Jeffrey's Foodbar is experiencing a change in its:

Once a licensing agreement is agreed to, the licensee pays a(n) _____ in return.

Canyon LLC, a television manufacturing company, is about to launch its smart TV. The television will come with a built-in web browser by a company called Wayfarer Inc. to access Internet. Canyon is Wayfarer's _____.

A company would to begin business in another country only if the trade relationships with that country are relatively well defined and stable. In the context of general environment, which of the following does this point of view reflect?

A(n) _____ is a limit on the number or value of goods that can be traded.