Question 1

Which of the following is a requirement for swift trust?

Accepted Answer

A)  The manager must let the team members eliminate misunderstandings among themselves. 
B)  The manager must have significant cultural knowledge and sensitivity to handle the virtual team. 
C)  Team members must know each other's faiths before starting a project. 
D)  Team members must learn a common language to communicate better. 
A)  The manager must let the team members eliminate misunderstandings among themselves. 
B)  The manager must have significant cultural knowledge and sensitivity to handle the virtual team. 
C)  Team members must know each other's faiths before starting a project. 
D)  Team members must learn a common language to communicate better.

Question 2

________ rely on electronically mediated communication.

Accepted Answer

A)  Ad hoc teams 
B)  Virtual teams 
C)  Swift trust teams 
D)  Cross-functional teams 
A)  Ad hoc teams 
B)  Virtual teams 
C)  Swift trust teams 
D)  Cross-functional teams

Question 3

According to Hofstede,________ is the extent to which people accept power and authority differences among people.

Accepted Answer

A)  gender focus 
B)  individualism 
C)  power distance 
D)  uncertainty avoidance 
A)  gender focus 
B)  individualism 
C)  power distance 
D)  uncertainty avoidance

Question 4

By forming a strategic alliance,two firms agree to share resources to accomplish a mutually desirable goal.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is a challenge associated with cross-border acquisitions?

Accepted Answer

A)  little control over the product 
B)  increased costs of transportation 
C)  integration of two previously independent companies 
D)  complexity in launching 
A)  little control over the product 
B)  increased costs of transportation 
C)  integration of two previously independent companies 
D)  complexity in launching

Question 6

Increasing globalization has dramatically changed the competitive landscape for everyone in recent years.

Accepted Answer

A) True 
 B)False

Question 7

Chucks' Eggs is a company that distributes eggs in Latin America and is planning to enter the North American market.As the risks are greater when entering new markets,Chucks' decides to join hands with another firm that has mutually desirable goals.This way,they can share the costs and have access to each other's resources.Which of the following ways is Chucks' implementing to enter a new market?

Accepted Answer

A)  exporting 
B)  creating a strategic alliance 
C)  licensing 
D)  purchasing a local firm 
A)  exporting 
B)  creating a strategic alliance 
C)  licensing 
D)  purchasing a local firm

Question 8

Rooney,Inc.is a company that manufactures sugar.It is based in South Africa.The company follows the just-in-time approach in which it does not believe in stocking raw materials and maintaining an inventory,but instead relies on a strong supply chain to deliver materials in time.As a part of recent business development plans,the company decided to begin importing raw materials from Borneo.Which of the following,if true,would force the company to question its reliability on the JIT approach?

Accepted Answer

A)  Regulations in Borneo have become stricter. 
B)  Borneo has recently been classified as an emerging economy. 
C)  Borneo has yet not relaxed its markets to direct foreign investments. 
D)  The physical infrastructure in Borneo is weak. 
A)  Regulations in Borneo have become stricter. 
B)  Borneo has recently been classified as an emerging economy. 
C)  Borneo has yet not relaxed its markets to direct foreign investments. 
D)  The physical infrastructure in Borneo is weak.

Question 9

In an organization using a region-country focus,the primary authority to determine competitive strategy rests with the ________.

Accepted Answer

A)  corporate stockholders 
B)  corporate board of directors 
C)  home office management team 
D)  management of the international subsidiary 
A)  corporate stockholders 
B)  corporate board of directors 
C)  home office management team 
D)  management of the international subsidiary

Question 10

In virtual teams,members frequently depend on electronically
mediated communications.

Accepted Answer

A) True 
 B)False

Question 11

In an organization using a region-country focus,________.

Accepted Answer

A)  attempts are made to market a relatively standardized product across geographic markets 
B)  managers can tailor their strategies to local market conditions and demands 
C)  the goal is to achieve global efficiency while maintaining local market responsiveness 
D)  the firm's home office makes major strategic decisions 
A)  attempts are made to market a relatively standardized product across geographic markets 
B)  managers can tailor their strategies to local market conditions and demands 
C)  the goal is to achieve global efficiency while maintaining local market responsiveness 
D)  the firm's home office makes major strategic decisions

Question 12

Power distance is the extent to which people accept power and authority differences among people.

Accepted Answer

A) True 
 B)False

Question 13

Cluster 4 countries have the most developed institutional infrastructure,with ________.

Accepted Answer

A)  balanced regulatory control and political rights 
B)  high regulatory control and low political rights 
C)  low monetary policy and investment restrictions 
D)  low regulatory control and low political rights 
A)  balanced regulatory control and political rights 
B)  high regulatory control and low political rights 
C)  low monetary policy and investment restrictions 
D)  low regulatory control and low political rights

Question 14

Citizens in nations high in uncertainty avoidance prefer to have fewer rules and tend to be more comfortable in ambiguous situations.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is similar to the given scenario?

Accepted Answer

A)  In a steel mill in Japan, all tasks take place only after careful planning. The managers proceed to make changes step by step. They believe this reduces risks to a minimum. 
B)  In an accounting firm in Australia, the manager encourages individual thought process. He puts a high value on personal achievement. 
C)  Employees of an HR consultancy firm in Pakistan make sure everyone is at the table during lunch hour. This practice also helps them discuss alternatives and reach decisions collectively. 
D)  Players of the Manchester United soccer team revere their manager Sir Alex Ferguson and trust him completely with respect to team tactics and selection. 
A)  In a steel mill in Japan, all tasks take place only after careful planning. The managers proceed to make changes step by step. They believe this reduces risks to a minimum. 
B)  In an accounting firm in Australia, the manager encourages individual thought process. He puts a high value on personal achievement. 
C)  Employees of an HR consultancy firm in Pakistan make sure everyone is at the table during lunch hour. This practice also helps them discuss alternatives and reach decisions collectively. 
D)  Players of the Manchester United soccer team revere their manager Sir Alex Ferguson and trust him completely with respect to team tactics and selection.

Question 16

________ are cooperative arrangements between two firms in which they agree to share resources to accomplish a mutually desirable goal.

Accepted Answer

A)  Strategic alliances 
B)  Licensing arrangements 
C)  Cross-border acquisitions 
D)  Wholly-owned subsidiaries 
A)  Strategic alliances 
B)  Licensing arrangements 
C)  Cross-border acquisitions 
D)  Wholly-owned subsidiaries

Question 17

Refer to the scenario above.Which of the following best supports the firm's decision to use licensing as a strategy to enter the Chinese market?

Accepted Answer

A)  Even though the company is experiencing profits, it cannot afford to take risks while investing in a foreign market. 
B)  Cocoabeans has little control over the sales of its products in the U.S. and is looking for the support of a local firm. 
C)  The firm has partnered with a local firm on mutually profitable terms. 
D)  Cocoabeans has purchased a local firm to market its product in China because it does not want to give full rights to anyone else. 
A)  Even though the company is experiencing profits, it cannot afford to take risks while investing in a foreign market. 
B)  Cocoabeans has little control over the sales of its products in the U.S. and is looking for the support of a local firm. 
C)  The firm has partnered with a local firm on mutually profitable terms. 
D)  Cocoabeans has purchased a local firm to market its product in China because it does not want to give full rights to anyone else.

Question 18

________ is the extent to which a person's identity is a function of the group(s)to which he or she belongs and the extent to which group members are expected to look after each other.

Accepted Answer

A)  Individualism 
B)  Collectivism 
C)  Power distance 
D)  Uncertainty avoidance 
A)  Individualism 
B)  Collectivism 
C)  Power distance 
D)  Uncertainty avoidance

Question 19

Define and discuss the term cultural context.

Accepted Answer

Cultural context is the degree to which

Question 20

________ is the degree to which a situation influences behavior or perception of the appropriateness of behavior.

Accepted Answer

A)  Cultural milieu 
B)  Cultural context 
C)  Cultural elasticity 
D)  Cultural dimensionality 
A)  Cultural milieu 
B)  Cultural context 
C)  Cultural elasticity 
D)  Cultural dimensionality

Which of the following is a requirement for swift trust?

________ rely on electronically mediated communication.

According to Hofstede,________ is the extent to which people accept power and authority differences among people.

By forming a strategic alliance,two firms agree to share resources to accomplish a mutually desirable goal.

Which of the following is a challenge associated with cross-border acquisitions?

Increasing globalization has dramatically changed the competitive landscape for everyone in recent years.

In an organization using a region-country focus,the primary authority to determine competitive strategy rests with the ________.

In virtual teams,members frequently depend on electronically mediated communications.

In an organization using a region-country focus,________.

Power distance is the extent to which people accept power and authority differences among people.

Cluster 4 countries have the most developed institutional infrastructure,with ________.

Citizens in nations high in uncertainty avoidance prefer to have fewer rules and tend to be more comfortable in ambiguous situations.

Which of the following is similar to the given scenario?

________ are cooperative arrangements between two firms in which they agree to share resources to accomplish a mutually desirable goal.

Refer to the scenario above.Which of the following best supports the firm's decision to use licensing as a strategy to enter the Chinese market?

________ is the extent to which a person's identity is a function of the group(s)to which he or she belongs and the extent to which group members are expected to look after each other.

Define and discuss the term cultural context.

________ is the degree to which a situation influences behavior or perception of the appropriateness of behavior.

The Nature of Management

Social Responsibility and Managerial Ethics

Strategic Management

Planning

Organizational Structure and Design

Managing Diverse Human Resources

Leadership

Motivation

Groups and Teams

Communication and Negotiation

Individual and Group Decision Making

Operations Management

Control

Organizational Change and Development

Filters

Exam 3: International Management and Globalization

Which of the following is a requirement for swift trust?

________ rely on electronically mediated communication.

According to Hofstede,________ is the extent to which people accept power and authority differences among people.

By forming a strategic alliance,two firms agree to share resources to accomplish a mutually desirable goal.

Which of the following is a challenge associated with cross-border acquisitions?

Increasing globalization has dramatically changed the competitive landscape for everyone in recent years.

In an organization using a region-country focus,the primary authority to determine competitive strategy rests with the ________.

In virtual teams,members frequently depend on electronically mediated communications.

In an organization using a region-country focus,________.

Power distance is the extent to which people accept power and authority differences among people.

Cluster 4 countries have the most developed institutional infrastructure,with ________.

Citizens in nations high in uncertainty avoidance prefer to have fewer rules and tend to be more comfortable in ambiguous situations.

Which of the following is similar to the given scenario?

________ are cooperative arrangements between two firms in which they agree to share resources to accomplish a mutually desirable goal.

Refer to the scenario above.Which of the following best supports the firm's decision to use licensing as a strategy to enter the Chinese market?

________ is the extent to which a person's identity is a function of the group(s)to which he or she belongs and the extent to which group members are expected to look after each other.

Define and discuss the term cultural context.

________ is the degree to which a situation influences behavior or perception of the appropriateness of behavior.

The Nature of Management

Social Responsibility and Managerial Ethics

Strategic Management

Planning

Organizational Structure and Design

Managing Diverse Human Resources

Leadership

Motivation

Groups and Teams

Communication and Negotiation

Individual and Group Decision Making

Operations Management

Control

Organizational Change and Development

Filters