Exam 6: Managing in the Global Environment

_____ are norms that are considered to be of central importance to the functioning of society and to social life, the violation of which brings serious retribution.

Apple Inc. contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of _____.

Superstitions are unwritten, informal codes of conduct that prescribe appropriate behavior in particular situations and are considered important by most members of a group or organization.

The aging of the population of a country is an example of a demographic force that affects organizations in the country.

Which of the following is true of the task environment?

In what way does the task environment differ from the general environment?

What benefits does the global environment offer organizations?

Describe the dimensions of uncertainty avoidance and power distance developed by Hofstede.

The establishment of free-trade areas is disadvantageous for manufacturing organizations since it increases their costs.

The flow of capital around the world has helped establish an open global environment.

The violation of folkways is a serious matter and is punishable by law.

Societies that have a nurturing orientation, according to Hofstede, value personal relationships highly.

Competitors are organizations that produce goods and services that are similar and comparable to a particular organization's goods and services.

As the only store to design and sell curtains in the suburb of Oakland, the merchandise sold by Plush Parade is overpriced. Noticing this, Diana's Draperies sets up a showroom in the same suburb, reasoning that with lower prices, they would be able to attract more customers. Diana's Draperies is Plush Parade's _____.

Managers today have fewer ways to supervise and coordinate geographically dispersed employees.

Nations forming political unions that allow free exchange of resources and capital is an example of the political and legal forces in the environment.

_____ are outcomes of changes in the skills and equipment managers use to design, produce, or distribute goods and services.

_____ are unwritten, informal codes of conduct that shape the behavior of people toward one another and are held important by most members of society.

Amethyst, an Italian house of high fashion, designs and creates luxury items like jewelry and hair accessories. It sells its merchandise only through Fiesta, a multinational retail store. Fiesta acts as Amethyst's _____.

Distributors are the individuals and companies that provide an organization with the input resources it needs to produce goods and services.