Exam 4: Global Management: Managing Across Borders

The city of Cincinnati,California,is an industrial town known for its production of high-quality computers,which it exports to customers globally.In addition,the management of an automobile manufacturing plant in Cincinnati,which employs over 2,000 employees,is considering closing and moving its operations to Mexico to save money.Discuss the positive and negative effects of the global economy on Cincinnati,California,and other communities in America.

While in Italy,Tony was able to communicate important information to George,his business partner,via e-mail.Later that day,Tony remarked to George about how helpful it was that he was able to return to their office in New York in less than nine hours.This "shrinking" of time and space as air travel and the electronic media have made it easier for people around the globe to communicate with one another defines the global village.

Alice's Pasta Kitchen makes quality pasta and sells its products to customers in other countries.This is an example of ____.

Prior to NAFTA,the United States implemented a number of tariffs to protect the auto industry and farmers against foreign competition.A tariff is an example of trade protectionism.

Ethnocentrism is also known as _____.

David,an owner of a small business,is researching the current value of his products when they are bartered on the global market.This market rate of an organization's products when they are bartered is known as the exchange rate.

A manufacturing facility in a Mexico was unable to afford the products it needs from an American supplier because Mexico's currency dropped dramatically.To acquire the parts needed to produce its products,the Mexican facility bartered with several companies in Texas,offering completed goods for parts.This direct exchange of goods for goods is known as countertrading.

Countertrading is ___ goods for goods.

Susan,from Iowa,arrived in Saudi Arabia and immediately noticed that the way Saudi men treat women is vastly different than how men in the U.S.treat women.Susan was feeling uncomfortable because she was experiencing ___.

Technology,such as e-mail and videoconferencing,works best to show commitment to customers and handle joint ventures and mergers.

Recently,the IMF has been more concerned with addressing income inequality,which has worsened in most countries in the past three decades.

People first begin to learn their culture when they start utilizing social media,technology,such as the Internet,and watching television.

In 1999,the top exporting nation was the United States,but in 2013 the world's top exporting nation was Japan.

Prior to 1990,the United States imposed a tax on automobiles imported from Mexico.This type of tax is a(n)_____.

Canada is the top nation the United States exports to,and Mexico is the country it imports the most from.

Amy,the CEO of a large manufacturing organization,knows that many of her competitors have closed their American factories to utilize production facilities in Mexico because labor is cheaper there and they receive special privileges in return for employing Mexican citizens.However,Amy refuses to shift her operations down south,believing that it is important to keep jobs in the U.S. ,despite the cost savings.These manufacturing plants that are allowed to operate in Mexico,with special privileges in return for employing Mexican citizens,are known as internationldoras.

The United States limits the amount of cheese purchased from other countries;this policy is a type of ____.

The United States has prohibited the import of sugar and cigars from Cuba.This is an example of a(n)____.

Recent protests against World Bank operations involve complaints of supporting countries permitting sweatshop labor or that restrict religious freedom,and _____.

Contrast ethnocentric,polycentric,and geocentric managers.