Exam 3: International Management and Globalization

Which of the following is true about the economic development of an institutional environment?

When a company ________ a foreign country,it makes a direct investment to establish a business that it solely owns and controls there.

In EduTech,a software company,the views and suggestions of managers are considered unquestionable and employees never go against what has been suggested by the managers.Sole authority rests in the hands of the managers.What is this an example of?

A ________ is an organization that invests the primary authority for major strategic decisions in the home office.

Countries emphasizing masculine traits value ________.

________ is a learned set of assumptions,values,and beliefs that have been accepted by members of a group and that affect human behavior.

Individualism can be defined as the extent to which a person's identity is a function of the groups to which he or she belongs.

In an organization using transnational focus,________.

A ________ is a set of cognitive attributes that allows an individual to influence individuals,groups,and organizations from diverse sociocultural and institutional environments.

People from countries with high collective orientations tend to exhibit emotional dependence on the organizations and institutions to which they belong.

________ is the extent to which people's identities are self-oriented and people are expected to take care of themselves and their immediate families.

A country's ________ consists of its rules,policies,and enforcement processes.

Define globalization.According to Thomas Friedman,what are the three stages of globalization?

Of the following,________ is a dimension of a country's distinct institutional environment.

Jenson Foods is headquartered in New Jersey and has subsidiaries in many countries across the world.The home office has centralized authority and the international subsidiaries follow the same or a similar strategy in each of their markets.Jenson Foods is following a ________.

According to Thomas Friedman,the third stage of globalization involves ________.

As firms gain more experience operating in international markets,they prefer to enter markets that have institutional environments and cultures similar to their own.

When Maria arrived from Mexico to study in the U.S.,she noticed a difference between the students in Mexico and the students in the U.S.The American students felt comfortable asking questions,they were eager to share a thought or an opinion,and in some instances they even contradicted the teacher.Maria comes from a country that has ________.

For smaller firms and for firms entering into foreign markets,________ is the most common way to enter an international market.

In ________,contextual variables have much less impact on the determination of appropriate behaviors.