Exam 5: Culture, Management Style, and Business Systems

Polychronic time is characterized by "a great involvement with people."

Adam Smith in his Wealth of Nations stated, "By pursuing his own interest he frequently promotes that of the society more effectually than when he really intended to promote it." What behavior does this notion attempt to justify?

The finance minister of a developing country demands a heavy payment for approval of a multi-million dollar contract with a foreign company. This practice would be called _____.

Fredrick Keeble, an American manager, took his Swiss client out for a traditional American dinner. The client did not seem to enjoy the food and left most of it untouched. After dinner, he asked his client if he had enjoyed the dinner. Which of the following responses would indicate that the client comes from a low-context culture?

Which philosophy of U.S. management recognizes that people influence the future to a large extent and that they control their own fates?

Which of the following is true of the findings of Transparency International's Corruption Perception Index?

A manager hires an agent to obtain a license to build a warehouse in an industrial district. The agent was caught offering a bribe to a government official for issue of the license. Which of the following describes the manager's liabilities?

_____ is probably the most common mistake of North Americans attempting to trade in the Middle East.

As businesses grow and professional management develops, there is a shift toward:

The majority of business customs fit into the cultural elective category.

In the context of management objectives and aspirations, which of the following is true of an employee's personal life?

A distinguishing characteristic of the type of capitalism common in Chinese culture is the emphasis on guanxi as the coordinating principle among firms.

Discuss the American manager's attitude toward objectivity in decision making.

A culture that is high context, has collectivism, high power distance, and uses polychronic time is _____.

For most U.S. managers, judgment and intuition are the only basis for making decisions.

Describe the popularity of a marketing orientation as compared to a product orientation.

People in Brazil describe themselves as late arrivers, allow greater flexibility in defining early and late, are less concerned about being late, and are more likely to blame external factors for their lateness. Which system of time do the Brazilian people most likely operate on?

Which of the following is true of P-time and M-time?

According to the high-context/low-context continuum identified by Edward T. Hall, communication in a low-context culture depends on:

Which aspect of Japanese culture, predicted by many to favor bribery, makes Japan's success in reducing corruption more remarkable?