Question 1

The trend today is for multinational organizations to hire fewer executives from foreign countries.

Accepted Answer

A) True 
 B)False

Question 2

The success of Coca Cola globally demonstrates the trend toward

Accepted Answer

A)  the dominance of American firms in the global economy. 
B)  customized products in the global arena. 
C)  converging global consumer tastes and preferences. 
D)  less global production. 
A)  the dominance of American firms in the global economy. 
B)  customized products in the global arena. 
C)  converging global consumer tastes and preferences. 
D)  less global production.

Question 3

The concern with software piracy in some Asian countries is an example of ________ risk.

Accepted Answer

A)  economic 
B)  political 
C)  demographic 
D)  legal 
A)  economic 
B)  political 
C)  demographic 
D)  legal

Question 4

Which mode of international entry is Prestwick House using if it handles the design, construction, start-up operations and workforce training of a foreign plant?

Accepted Answer

A)  Strategic alliance 
B)  Joint venture 
C)  Exporting 
D)  Turnkey project 
A)  Strategic alliance 
B)  Joint venture 
C)  Exporting 
D)  Turnkey project

Question 5

Which mode of entry involves a collaborative effort between firms on specific projects such as the sharing of laser printing technology between Canon and Hewlett Packard?

Accepted Answer

A)  Licensing 
B)  Franchising 
C)  Strategic alliances 
D)  Turnkey projects 
A)  Licensing 
B)  Franchising 
C)  Strategic alliances 
D)  Turnkey projects

Question 6

An example of a multinational firm that engages in wholly owned subsidiaries is

Accepted Answer

A)  McDonald's. 
B)  Walmart. 
C)  Canon-Hewlett Packard. 
D)  Fuji-Xerox. 
A)  McDonald's. 
B)  Walmart. 
C)  Canon-Hewlett Packard. 
D)  Fuji-Xerox.

Question 7

The geocentric approach to managing an international subsidiary is likely to result in the hiring of more third-country nationals.

Accepted Answer

A) True 
 B)False

Question 8

A major advantage of using joint ventures in the international arena is

Accepted Answer

A)  achieving economies of scale. 
B)  gaining local know-how. 
C)  reducing risk. 
D)  reducing government interference. 
A)  achieving economies of scale. 
B)  gaining local know-how. 
C)  reducing risk. 
D)  reducing government interference.

Question 9

Scale of involvement is

Accepted Answer

A)  lowest when the firm exports its products to the foreign country. 
B)  lowest when the firm has a wholly owned subsidiary in the foreign country. 
C)  unrelated to the mode of entry. 
D)  highest with franchising in the foreign country. 
A)  lowest when the firm exports its products to the foreign country. 
B)  lowest when the firm has a wholly owned subsidiary in the foreign country. 
C)  unrelated to the mode of entry. 
D)  highest with franchising in the foreign country.

Question 10

Starbucks' decision to enter the Chinese market was based on

Accepted Answer

A)  the present high wealth of consumers in the market. 
B)  the large size of the market. 
C)  the existence of a positive business climate. 
D)  the readily available needed resources. 
A)  the present high wealth of consumers in the market. 
B)  the large size of the market. 
C)  the existence of a positive business climate. 
D)  the readily available needed resources.

Question 11

Taxation and the fluctuation of exchange rates are examples of what factor affecting global business?

Accepted Answer

A)  General business environment 
B)  The legal system 
C)  Economic conditions 
D)  Cultural norms 
A)  General business environment 
B)  The legal system 
C)  Economic conditions 
D)  Cultural norms

Question 12

Which of the following factors is not one of the factors which has made today's large international businesses feasible?

Accepted Answer

A)  Advances in communication 
B)  Advances in transportation technology 
C)  Advances in cross-cultural management 
D)  Advances in information processing 
A)  Advances in communication 
B)  Advances in transportation technology 
C)  Advances in cross-cultural management 
D)  Advances in information processing

Question 13

The term global shift refers to

Accepted Answer

A)  the growing importance of national barriers. 
B)  the effects of changes in the competitive landscape prompted by worldwide competition. 
C)  the focus on individual national markets. 
D)  the shift of markets to the EU. 
A)  the growing importance of national barriers. 
B)  the effects of changes in the competitive landscape prompted by worldwide competition. 
C)  the focus on individual national markets. 
D)  the shift of markets to the EU.

Question 14

Discuss the advantages of a first-mover and a late mover.

Accepted Answer

A first mover is the first to enter a ma

Question 15

Describe the three approaches to managing an international subsidiary.

Accepted Answer

The three approaches to managing an inte

Question 16

When developing countries establish artificially high prices for foreign producers, it is known as

Accepted Answer

A)  buy American. 
B)  NAFTA. 
C)  an anti-nationalistic policy. 
D)  import substitution. 
A)  buy American. 
B)  NAFTA. 
C)  an anti-nationalistic policy. 
D)  import substitution.

Question 17

Which of the following is not one of the cultural dimensions identified by Hofstede?

Accepted Answer

A)  Power distance 
B)  Uncertainty avoidance 
C)  Aggressiveness 
D)  Long-term/short-term orientation 
A)  Power distance 
B)  Uncertainty avoidance 
C)  Aggressiveness 
D)  Long-term/short-term orientation

Question 18

Discuss the impact of globalization on ethical dilemmas for managers.

Accepted Answer

Globalization greatly increases the poss

Question 19

List the seven modes of entry to foreign markets.

Accepted Answer

The seven modes of entry to fo

Question 20

Martin works for the Acme Company which is based in the United States. He is interested in a marketing director's position in the company's new Paris facility, but recognizes that he stands little chance of being considered since the firm regularly staffs international facilities with local nationals. Which approach to managing the international subsidiary is the Acme Company taking?

Accepted Answer

A)  Ethnocentric approach 
B)  Expatriate approach 
C)  Polycentric approach 
D)  Geocentric approach 
A)  Ethnocentric approach 
B)  Expatriate approach 
C)  Polycentric approach 
D)  Geocentric approach

The trend today is for multinational organizations to hire fewer executives from foreign countries.

The success of Coca Cola globally demonstrates the trend toward

The concern with software piracy in some Asian countries is an example of ________ risk.

Which mode of international entry is Prestwick House using if it handles the design, construction, start-up operations and workforce training of a foreign plant?

Which mode of entry involves a collaborative effort between firms on specific projects such as the sharing of laser printing technology between Canon and Hewlett Packard?

An example of a multinational firm that engages in wholly owned subsidiaries is

The geocentric approach to managing an international subsidiary is likely to result in the hiring of more third-country nationals.

A major advantage of using joint ventures in the international arena is

Scale of involvement is

Starbucks' decision to enter the Chinese market was based on

Taxation and the fluctuation of exchange rates are examples of what factor affecting global business?

Which of the following factors is not one of the factors which has made today's large international businesses feasible?

The term global shift refers to

Discuss the advantages of a first-mover and a late mover.

Describe the three approaches to managing an international subsidiary.

When developing countries establish artificially high prices for foreign producers, it is known as

Which of the following is not one of the cultural dimensions identified by Hofstede?

Discuss the impact of globalization on ethical dilemmas for managers.

List the seven modes of entry to foreign markets.

Management and Its Evolution

Managing Social Responsibility and Ethics

Managing Organizational Culture and Change

Managing the Planning Process

Decision Making

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters

Exam 2: The Culture of Management

The trend today is for multinational organizations to hire fewer executives from foreign countries.

The success of Coca Cola globally demonstrates the trend toward

The concern with software piracy in some Asian countries is an example of ________ risk.

Which mode of international entry is Prestwick House using if it handles the design, construction, start-up operations and workforce training of a foreign plant?

Which mode of entry involves a collaborative effort between firms on specific projects such as the sharing of laser printing technology between Canon and Hewlett Packard?

An example of a multinational firm that engages in wholly owned subsidiaries is

The geocentric approach to managing an international subsidiary is likely to result in the hiring of more third-country nationals.

A major advantage of using joint ventures in the international arena is

Scale of involvement is

Starbucks' decision to enter the Chinese market was based on

Taxation and the fluctuation of exchange rates are examples of what factor affecting global business?

Which of the following factors is not one of the factors which has made today's large international businesses feasible?

The term global shift refers to

Discuss the advantages of a first-mover and a late mover.

Describe the three approaches to managing an international subsidiary.

When developing countries establish artificially high prices for foreign producers, it is known as

Which of the following is not one of the cultural dimensions identified by Hofstede?

Discuss the impact of globalization on ethical dilemmas for managers.

List the seven modes of entry to foreign markets.

Management and Its Evolution

Managing Social Responsibility and Ethics

Managing Organizational Culture and Change

Managing the Planning Process

Decision Making

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters