Exam 4: Managing in the Global Environment

A society that highly values persistence in attempting to achieve goals is said to have ________.

Most profit-oriented organizations are threatened during economic downturns, but not-for-profit organizations tend to flourish.

Social structure is the traditional system of relationships established between ________ in a society.

Factors that make it difficult and costly for a company to enter a particular task environment or industry are ________.

What do economic forces include? How do they affect the general environment of the organization? What are the challenges that they present to managers?

The values, norms, knowledge, beliefs, moral principles, laws, customs, and other practices that unite the citizens of a country are known as ________.

The U.S. government imposes a 25 percent tax on the selling price of any four-wheel-drive SUV that is brought into the U.S. by a foreign car manufacturer to be sold in the U.S. What type of tax is being imposed by the U.S. government?

Which of the following is part of an organization's general environment?

For Dell Computer, the educational institutions that train future Dell employees are its ________.

With reference to Hofstede's model of national culture, explain power distance.

When workers in a society become wealthy and pass their wealth to their children, thereby increasing the gap between the rich and the poor in that society, the society is said to have high ________.

Hofstede's model of national culture states five dimensions along which national cultures can be placed. Select any two of these five dimensions and discuss how each of these dimensions creates a different type of climate in which an organization can do business.

A supplier's bargaining position is strong when ________.

Economies of scale result from actions such as ________.

In a task environment where there are few competitors, it is ________.

Which of the following is part of an organization's task environment?

Building customer awareness of the newcomer's product is very costly in the face of which of the following sources of barriers to entry?

A tax that a government imposes on goods imported into the country is known as a(n) ________.

Within an industry, the existing economies of scale, brand loyalties, and government regulations that impede access to the task environment create ______________.

What is meant by the free-trade doctrine? Explain with an example.