Exam 3: Globalmanagement

In Malbadia, a central committee formed by the political powers decides what products and how many of each will be produced. This situation is typical of a ________.

The Corrupt Foreign Practices Act forbids U.S. citizens to offer bribes to officials in other countries, but some of those officials depend on bribes to supplement their meager incomes. This particular dilemma is part of the ________ environment.

According to the text, which of the following is a typical definition of a multinational corporation?

Managers with an ethnocentric attitude do not trust foreign employees with key decisions or technology.

Bill Sanderson, a manager in a manufacturing firm in New York has a tendency to view the world only through his U.S.-based perspective. What can be deduced about his attitude?

Licensing is primarily used by service organizations and franchising is primarily used by manufacturing organizations.

Explain why countries would choose to participate in a regional trading alliance.

Hofstede's Five Dimensions of National Culture would predict which of the following?

Which one of the following types of global organizations reflects the geocentric attitude?

A ________ economy is one in which resources are primarily owned and controlled by the private sector.

Managers with a polycentric attitude tend to view every foreign operation as different and hard to understand.

Samanex Corporation maintains production facilities in 13 different countries on three continents. Each facility is managed by a native of the country where it is located. This practice is indicative of a(n) ________ attitude.

For American company Leather Exporters, first quarter sales in Italy were higher compared to the preceding year but profits were down. What could account for this difference?

A global company reflects the ________.

A corporation drops its organizational structure based on countries and reorganizes into industry groups. This is an example of the company becoming a(n) ________.

Natalya operates a retail store in Romania. She buys consumer electronics from vendors in China and Japan to sell in her store. Natalya is engaging in ________,

The hero is always a loner, riding off into the sunset. Employers expect key employees to make critical decisions alone; rewards are given to individuals, not to teams. This describes a culture that is ________.

What is the purpose of the WTO? Give an example of the type of issue that might come before this organization.

Marco works for a multinational corporation as a plant manager but must receive approval from the home office for any management changes to production processes. Marco most likely works for a ________.

The United States belongs to a trade alliance known as CAFTA, which stands for ________.