Exam 11: Management Decision and Control

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Explain with examples the total quality management (TQM)technique of rewards and recognition.

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Explain with an example why decision making and controlling are considered vital and often interlinked functions of international management.

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Which of the following is likely to happen to the bottom-line performance of subsidiaries if a country devalues its currency?

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Which of the following statements is true about internal-oriented control process?

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Which of the following statements is true about external-oriented control process?

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A multinational company (MNC)is likely to centralize its decision making when:

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An assessment center is an evaluation tool that is used to evaluate employees.

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A multinational company (MNC)is likely to decentralize its decision making when:

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The process of evaluating results in relation to plans or objectives and deciding what action,if any,to take is referred to as _____.

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Financial performance evaluation of a foreign subsidiary or affiliate usually is based on _____.

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A typical assessment center would involve simulation exercises that would include the following except _____.

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In Japan,what should be done is called _____,while what one really feels,which may be quite different,is called _____.

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Areas that are examined by the ISO 9000 certification team include all of the following except _____.

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Although U.S.multinationals do not encourage lengthy stays in foreign management positions,European multinational companies (MNCs)often regard these positions as stepping-stones to higher offices.

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The amount remaining after all expenses are deducted from total revenues is referred to as _____.

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German automakers Audi,Mercedes-Benz,and BMW all share the same goal of leading the international luxury vehicle market.Audi has made the decision to target younger professionals in established markets and this decision is reflected in the company's new,trendy body designs.Audi's approach of targeting younger professionals in established markets is a strategic move aimed at _____.

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Concurrent engineering is a total quality management (TQM)technique which encourages designers,engineers,and product specialists to work independently to develop new products.

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A key difference between how French and Danish managers view time is that Danish managers do not value time as much as their counterparts.

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In domestic situations,when competition increases,management of a multinational company (MNC)is likely to:

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Which of the following is a new line of thought about quality that is now emerging?

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