Exam 3: Globalmanagement

Melanie had been buying raw materials locally but she is being underpriced by her competitors. She thinks there might be lower-cost materials elsewhere. What advice would you give Melanie?

An ethnocentric attitude ________.

Describe the different approaches that a company may use when it decides to go international.

One case currently before the WTO involves ________.

Outsiders would call them clannish. Ianos and his family are very close. At work, he gives his all to the team. His neighbors support each other but exclude people they do not know. This describes a culture that is ________.

Which one of the following would be considered a multinational corporation?

Only speaking one language is one sign that a nation suffers from ________.

Managers who want to get into a global market with minimal investment start with global sourcing.

If Marla's company changed its organizational structure from one based on country to one based on industry groups, it would best be considered a ________.

In South America, the Sawi tribe values deceit and treachery. Taking advantage of other tribes is cause for celebration. This culture is ________.

American business students may be at a disadvantage because ________.

The Association of Southeast Asian Nations is a trading alliance of ________.

Granval manages a production facility in Aughmenistan for a multinational company headquartered in Paris. His Paris bosses emphasize the importance of operating his plant efficiently so as to conserve scarce resources. It is likely Granval's employer is

Managers with a(n) ________ attitude view every foreign operation as different and hard to understand.

The purpose of the World Trade Organization is to ________.

The process of exporting involves acquiring products made abroad and selling them domestically.

The purpose of the OECD is ________.

The United States, Canada, and Mexico are parties to the North American Free Trade Association.

As the international operations of their firm continues to grow, Theodore and James have realized that decentralized management using foreign nationals to run operations in the host countries works best. Their firm has developed into a ________ organization.

The OECD was formed to ________.