Question 1

Long-term stability and the long-term ability to make profits is an argument for social responsibility.

Accepted Answer

A) True 
 B)False

Question 2

The strength of global supply chains is clearly illustrated by their response to such events as unrest in the Middle East or an earthquake in Japan.

Accepted Answer

A) True 
 B)False

Question 3

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 4

In a strategic alliance, companies join together to form a separate entity to produce a product.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following best characterizes a transnational corporation?

Accepted Answer

A) a single central home-country management 
B) an organization in which multiple operations function with a large degree of autonomy 
C) a loose alliance of totally separate, wholly independent companies 
D) a company that eliminates geographical boundaries 
A) a single central home-country management 
B) an organization in which multiple operations function with a large degree of autonomy 
C) a loose alliance of totally separate, wholly independent companies 
D) a company that eliminates geographical boundaries

Question 6

________ on Hofstede's dimensions of natural culture is an attribute that describes how materialistic a society is.

Accepted Answer

A) Power distance 
B) Quality of life 
C) Quantity of life 
D) Individualism 
A) Power distance 
B) Quality of life 
C) Quantity of life 
D) Individualism

Question 7

The boundaries of the global village are drawn by the major economic powers-the United States, China, and Japan.

Accepted Answer

A) True 
 B)False

Question 8

A good example of social responsiveness is a company whose managers conduct business in an ethical way and strictly follows all local laws.

Accepted Answer

A) True 
 B)False

Question 9

About ________ of organizations of 10,000 or more employees have a written code of ethics.

Accepted Answer

A) one-third 
B) half 
C) 70 percent 
D) 97 percent 
A) one-third 
B) half 
C) 70 percent 
D) 97 percent

Question 10

There is little evidence that managers of major organizations ever fail to act responsibly and ethically.

Accepted Answer

A) True 
 B)False

Question 11

When organizations go global, they often start by simply exporting products to one or more foreign countries.

Accepted Answer

A) True 
 B)False

Question 12

A multinational corporation (MNC)________.

Accepted Answer

A) is any organization that maintains operations in more than one country 
B) is defined as a company that has its home base in the United States and various operations overseas 
C) includes any company that exports goods overseas 
D) is defined as any company that has no home base 
A) is any organization that maintains operations in more than one country 
B) is defined as a company that has its home base in the United States and various operations overseas 
C) includes any company that exports goods overseas 
D) is defined as any company that has no home base

Question 13

Which of the following is NOT an argument against the idea that companies should be socially responsible?

Accepted Answer

A) costs 
B) too much power 
C) violation of profit maximization 
D) public expectations 
A) costs 
B) too much power 
C) violation of profit maximization 
D) public expectations

Question 14

A common myth is that managers are less ethical today than in the past.

Accepted Answer

A) True 
 B)False

Question 15

Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations.
-A foreign company wants to be able to copy and manufacture TJ Soft programs and sell them in its stores.What would be an appropriate approach for them to use?

Accepted Answer

A) licensing 
B) franchising 
C) renting 
D) appropriating 
A) licensing 
B) franchising 
C) renting 
D) appropriating

Question 16

Workplace diversity focuses on the differences between people, but not their similarities.

Accepted Answer

A) True 
 B)False

Question 17

French organizations have a very different view of status than American organizations.

Accepted Answer

A) True 
 B)False

Question 18

In the socioeconomic view of organizational social responsibility, management's responsibility includes protecting and improving society.

Accepted Answer

A) True 
 B)False

Question 19

Cultures with a high assertiveness rating tend to have people who are timid and shy.

Accepted Answer

A) True 
 B)False

Question 20

A theory of justice view of ethics focuses on individual liberties and privileges.

Accepted Answer

A) True 
 B)False

Long-term stability and the long-term ability to make profits is an argument for social responsibility.

The strength of global supply chains is clearly illustrated by their response to such events as unrest in the Middle East or an earthquake in Japan.

Joint ventures are a type of ________.

In a strategic alliance, companies join together to form a separate entity to produce a product.

Which of the following best characterizes a transnational corporation?

________ on Hofstede's dimensions of natural culture is an attribute that describes how materialistic a society is.

The boundaries of the global village are drawn by the major economic powers-the United States, China, and Japan.

A good example of social responsiveness is a company whose managers conduct business in an ethical way and strictly follows all local laws.

About ________ of organizations of 10,000 or more employees have a written code of ethics.

There is little evidence that managers of major organizations ever fail to act responsibly and ethically.

When organizations go global, they often start by simply exporting products to one or more foreign countries.

A multinational corporation (MNC)________.

Which of the following is NOT an argument against the idea that companies should be socially responsible?

A common myth is that managers are less ethical today than in the past.

Workplace diversity focuses on the differences between people, but not their similarities.

French organizations have a very different view of status than American organizations.

In the socioeconomic view of organizational social responsibility, management's responsibility includes protecting and improving society.

Cultures with a high assertiveness rating tend to have people who are timid and shy.

A theory of justice view of ethics focuses on individual liberties and privileges.

Managers and Management

The Management Environment

Foundations of Decision Making

Foundations of Planning

Organization Structure

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Managing Communication and Information

Foundations of Control

Operations Management

History Module

Quantitative Module

Career Module

Entrepreneurship Module

Filters

Exam 3: Integrative Managerial Issues

Long-term stability and the long-term ability to make profits is an argument for social responsibility.

The strength of global supply chains is clearly illustrated by their response to such events as unrest in the Middle East or an earthquake in Japan.

Joint ventures are a type of ________.

In a strategic alliance, companies join together to form a separate entity to produce a product.

Which of the following best characterizes a transnational corporation?

________ on Hofstede's dimensions of natural culture is an attribute that describes how materialistic a society is.

The boundaries of the global village are drawn by the major economic powers-the United States, China, and Japan.

A good example of social responsiveness is a company whose managers conduct business in an ethical way and strictly follows all local laws.

About ________ of organizations of 10,000 or more employees have a written code of ethics.

There is little evidence that managers of major organizations ever fail to act responsibly and ethically.

When organizations go global, they often start by simply exporting products to one or more foreign countries.

A multinational corporation (MNC)________.

Which of the following is NOT an argument against the idea that companies should be socially responsible?

A common myth is that managers are less ethical today than in the past.

Workplace diversity focuses on the differences between people, but not their similarities.

French organizations have a very different view of status than American organizations.

In the socioeconomic view of organizational social responsibility, management's responsibility includes protecting and improving society.

Cultures with a high assertiveness rating tend to have people who are timid and shy.

A theory of justice view of ethics focuses on individual liberties and privileges.

Managers and Management

The Management Environment

Foundations of Decision Making

Foundations of Planning

Organization Structure

Managing Human Resources

Managing Change and Innovation

Foundations of Individual Behavior

Understanding Groups and Managing Work Teams

Motivating and Rewarding Employees

Leadership and Trust

Managing Communication and Information

Foundations of Control

Operations Management

History Module

Quantitative Module

Career Module

Entrepreneurship Module

Filters