Exam 5: Culture, Management Style, and Business Systems

How important is adaptation in international marketing? What are the basic criteria to deal with foreign firms?

A characteristic of committee decision making is that:

Adam Smith in his The 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?

Briefly describe the different types of business customs.

It is not possible to obtain measures of linguistic distance for every country and every person.

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 delay. Which system of time do the Brazilian people most likely operate on?

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

The business community's defense against payoffs was that they were a way of life throughout the world.

High Power Distance Index countries are more egalitarian than low Power Distance Index countries.

Most high-context cultures operate on monochronic time.

As businesses grow and professional management develops, there is a shift toward centralized management decision making.

The treatment local women receive in their own cultures is a clear indicator of how a foreign businesswoman will be treated.

Rick, a customer relations manager with a leading multinational firm, manages various operations and deals with numerous domestic and international clients every day. Despite his hectic schedule, Rick never cuts a meeting short with anyone and frequently postpones subsequent meetings in order to devote ample time to each of his clients. Which of the following countries is Rick most likely to be from?

Which of the following is consistent with the American view of the independent enterprise?

The most managerially useful aspect of the synthesis of cultural differences is that it allows us to make predictions about unfamiliar cultures.

Utilitarian ethics is the ethical principle that focuses on the optimization of the "common good."

There is a very strong belief in the United States that business decisions must be supported and based on accurate and relevant information. Which of the following best describes this approach?

Which of the following would most likely be characterized as being an imperative business custom in many cultures?

Which of the following is true of adaptation in international marketing?

High-context cultures place great importance on the verbal aspects of communication.