Question 1

If the rate of inflation in Tomturkistan increased suddenly, what effect would that have on the exchange rate of Tomturkistan currency for U.S. dollars?

Accepted Answer

A)  More U.S. dollars would be needed to purchase the same quantity of Tomturkistan goods as before inflation. 
B)  One U.S. dollar would purchase more Tomturkistan currency. 
C)  Tomturkistan currency would purchase more U.S. goods than before. 
D)  There would be no change; inflation is a domestic problem only. 
A)  More U.S. dollars would be needed to purchase the same quantity of Tomturkistan goods as before inflation. 
B)  One U.S. dollar would purchase more Tomturkistan currency. 
C)  Tomturkistan currency would purchase more U.S. goods than before. 
D)  There would be no change; inflation is a domestic problem only.

Question 2

The International Monetary Fund is an organization that ________.

Accepted Answer

A)  rules on disputes over tariffs and subsidies 
B)  helps countries conduct trade through a system of rules 
C)  provides technical advice to developing countries 
D)  promotes international monetary cooperation 
A)  rules on disputes over tariffs and subsidies 
B)  helps countries conduct trade through a system of rules 
C)  provides technical advice to developing countries 
D)  promotes international monetary cooperation

Question 3

Unlike the United States, the change from one regime to another in foreign countries can be less than peaceful. Differences in the ________ environment can lead to uncertainty and risk for global managers.

Accepted Answer

A)  economic 
B)  cultural 
C)  political/legal 
D)  demographic 
A)  economic 
B)  cultural 
C)  political/legal 
D)  demographic

Question 4

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

Accepted Answer

A) True 
 B)False

Question 5

In 1984 Toyota and General Motors formed a company called NUMMI to build cars carrying both the General Motors and Toyota brands. NUMMI is an example of a(n) ________.

Accepted Answer

A)  equity strategic alliance 
B)  joint venture 
C)  global venture 
D)  nonequity strategic alliance 
A)  equity strategic alliance 
B)  joint venture 
C)  global venture 
D)  nonequity strategic alliance

Question 6

Which one of the following represents the basic difference between multidomestic corporations and global companies?

Accepted Answer

A)  Multidomestic corporations typically do business with more countries than global companies. 
B)  Multidomestic corporations are run by global companies but must be owned by a local, national company. 
C)  Multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country. 
D)  Multidomestic corporations reflect an ethnocentric attitude, while global companies reflect a polycentric attitude. 
A)  Multidomestic corporations typically do business with more countries than global companies. 
B)  Multidomestic corporations are run by global companies but must be owned by a local, national company. 
C)  Multidomestic corporations decentralize management to the local country, while global companies centralize management in the home country. 
D)  Multidomestic corporations reflect an ethnocentric attitude, while global companies reflect a polycentric attitude.

Question 7

A manager who wishes to be successful in international business should avoid a(n) ________ attitude.

Accepted Answer

A)  multicultural 
B)  multiracial 
C)  ethnocentric 
D)  geocentric 
A)  multicultural 
B)  multiracial 
C)  ethnocentric 
D)  geocentric

Question 8

Discuss the dimensions of the Global Leadership and Organizational Behavior Effectiveness (GLOBE) framework. Describe how each dimension compares to Hofstede's five dimensions of national culture.

Accepted Answer

The GLOBE model uses nine dimensions on

Question 9

"Let's forget about tomorrow for tomorrow never comes." "Live for today." These expressions would be typical of a culture that is ________.

Accepted Answer

A)  high in assertiveness 
B)  low in humane orientation 
C)  high in performance orientation 
D)  low in future orientation 
A)  high in assertiveness 
B)  low in humane orientation 
C)  high in performance orientation 
D)  low in future orientation

Question 10

List and explain Hofstede's five dimensions of national culture.

Accepted Answer

Geert Hofstede developed one of the most

Question 11

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

Accepted Answer

A) True 
 B)False

Question 12

Melamark LLC has customers on four continents. It would like to increase its global presence as a supplier to its global customers. The most expensive option would be to ________.

Accepted Answer

A)  form a strategic alliance with an existing company in another country 
B)  directly invest in a production facility in another country 
C)  export from a single production plant 
D)  license producers in several countries 
A)  form a strategic alliance with an existing company in another country 
B)  directly invest in a production facility in another country 
C)  export from a single production plant 
D)  license producers in several countries

Question 13

Melamark's advisor on global affairs is concerned that ________ carries too much risk.

Accepted Answer

A)  a strategic alliance 
B)  franchising 
C)  setting up a foreign subsidiary 
D)  a joint venture 
A)  a strategic alliance 
B)  franchising 
C)  setting up a foreign subsidiary 
D)  a joint venture

Question 14

A(n) ________ attitude is characterized by parochialism.

Accepted Answer

A)  geocentric 
B)  acculturated 
C)  multilinguistic 
D)  ethnocentric 
A)  geocentric 
B)  acculturated 
C)  multilinguistic 
D)  ethnocentric

Question 15

Melanie joined an international student association in order to better understand the views of students from other countries. She is trying to become more ________ in her attitude.

Accepted Answer

A)  parochialistic 
B)  polycentric 
C)  ethnocentric 
D)  geocentric 
A)  parochialistic 
B)  polycentric 
C)  ethnocentric 
D)  geocentric

Question 16

Explain some of the benefits and challenges faced by American businesses because of America's membership in NAFTA.

Accepted Answer

Together Canada, the United States, and

Question 17

Bettina likes to know the end from the beginning. She gathers as much information as possible before making a decision. Bettina likely lives in a culture ________.

Accepted Answer

A)  with high power distance 
B)  with high uncertainty avoidance 
C)  with high future orientation 
D)  with high performance orientation 
A)  with high power distance 
B)  with high uncertainty avoidance 
C)  with high future orientation 
D)  with high performance orientation

Question 18

Joint ventures are a type of ________.

Accepted Answer

A)  license 
B)  franchise 
C)  foreign subsidiary 
D)  strategic alliance 
A)  license 
B)  franchise 
C)  foreign subsidiary 
D)  strategic alliance

Question 19

The polycentric attitude is a world-oriented view focusing on using the best approaches and people from around the globe.

Accepted Answer

A) True 
 B)False

Question 20

Explain the differences between a multidomestic corporation, a global company, and a borderless organization. Include examples of companies for each of the types of organizations discussed.

Accepted Answer

a. A multidomestic corporation is a mult

If the rate of inflation in Tomturkistan increased suddenly, what effect would that have on the exchange rate of Tomturkistan currency for U.S. dollars?

The International Monetary Fund is an organization that ________.

Unlike the United States, the change from one regime to another in foreign countries can be less than peaceful. Differences in the ________ environment can lead to uncertainty and risk for global managers.

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

In 1984 Toyota and General Motors formed a company called NUMMI to build cars carrying both the General Motors and Toyota brands. NUMMI is an example of a(n) ________.

Which one of the following represents the basic difference between multidomestic corporations and global companies?

A manager who wishes to be successful in international business should avoid a(n) ________ attitude.

Discuss the dimensions of the Global Leadership and Organizational Behavior Effectiveness (GLOBE) framework. Describe how each dimension compares to Hofstede's five dimensions of national culture.

"Let's forget about tomorrow for tomorrow never comes." "Live for today." These expressions would be typical of a culture that is ________.

List and explain Hofstede's five dimensions of national culture.

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

Melamark LLC has customers on four continents. It would like to increase its global presence as a supplier to its global customers. The most expensive option would be to ________.

Melamark's advisor on global affairs is concerned that ________ carries too much risk.

A(n) ________ attitude is characterized by parochialism.

Melanie joined an international student association in order to better understand the views of students from other countries. She is trying to become more ________ in her attitude.

Explain some of the benefits and challenges faced by American businesses because of America's membership in NAFTA.

Bettina likes to know the end from the beginning. She gathers as much information as possible before making a decision. Bettina likely lives in a culture ________.

Joint ventures are a type of ________.

The polycentric attitude is a world-oriented view focusing on using the best approaches and people from around the globe.

Explain the differences between a multidomestic corporation, a global company, and a borderless organization. Include examples of companies for each of the types of organizations discussed.

Managers and You in the Workplace

Decision Making

Valuing a Diverse Workforce

Socially Conscious Management

Managing Change

Constraints Onmanagers

Planning and Goal-Setting

Strategic Planning

Fostering Entrepreneurship

Organization Design

Organizing Around Teams

Human Resourcemanagement

Interpersonal and Organizational Communication

Organizational Behavior

Leadership

Motivating Employees

Controlling Activities and Operations

Filters

Exam 3: Globalmanagement

If the rate of inflation in Tomturkistan increased suddenly, what effect would that have on the exchange rate of Tomturkistan currency for U.S. dollars?

The International Monetary Fund is an organization that ________.

Unlike the United States, the change from one regime to another in foreign countries can be less than peaceful. Differences in the ________ environment can lead to uncertainty and risk for global managers.

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

In 1984 Toyota and General Motors formed a company called NUMMI to build cars carrying both the General Motors and Toyota brands. NUMMI is an example of a(n) ________.

Which one of the following represents the basic difference between multidomestic corporations and global companies?

A manager who wishes to be successful in international business should avoid a(n) ________ attitude.

Discuss the dimensions of the Global Leadership and Organizational Behavior Effectiveness (GLOBE) framework. Describe how each dimension compares to Hofstede's five dimensions of national culture.

"Let's forget about tomorrow for tomorrow never comes." "Live for today." These expressions would be typical of a culture that is ________.

List and explain Hofstede's five dimensions of national culture.

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

Melamark LLC has customers on four continents. It would like to increase its global presence as a supplier to its global customers. The most expensive option would be to ________.

Melamark's advisor on global affairs is concerned that ________ carries too much risk.

A(n) ________ attitude is characterized by parochialism.

Melanie joined an international student association in order to better understand the views of students from other countries. She is trying to become more ________ in her attitude.

Explain some of the benefits and challenges faced by American businesses because of America's membership in NAFTA.

Bettina likes to know the end from the beginning. She gathers as much information as possible before making a decision. Bettina likely lives in a culture ________.

Joint ventures are a type of ________.

The polycentric attitude is a world-oriented view focusing on using the best approaches and people from around the globe.

Explain the differences between a multidomestic corporation, a global company, and a borderless organization. Include examples of companies for each of the types of organizations discussed.

Managers and You in the Workplace

Decision Making

Valuing a Diverse Workforce

Socially Conscious Management

Managing Change

Constraints Onmanagers

Planning and Goal-Setting

Strategic Planning

Fostering Entrepreneurship

Organization Design

Organizing Around Teams

Human Resourcemanagement

Interpersonal and Organizational Communication

Organizational Behavior

Leadership

Motivating Employees

Controlling Activities and Operations

Filters