Question 1

Which of the following is usually found in the final stage of an organization's global evolution?

Accepted Answer

A) exporting products to other countries 
B) outsourcing jobs to foreign countries 
C) establishing strategic alliances with partners 
D) licensing products in foreign countries 
A) exporting products to other countries 
B) outsourcing jobs to foreign countries 
C) establishing strategic alliances with partners 
D) licensing products in foreign countries

Question 2

John and Sylvie recently opened a high-tech firm.From its inception the co-founders committed significant resources to the pursuit of business in various countries.John and Sylvie have created a company that can best be classified as a ________ company.

Accepted Answer

A) born global 
B) greenfield franchise 
C) venture capitalist 
D) strategic international alliance 
E) joint alliance 
A) born global 
B) greenfield franchise 
C) venture capitalist 
D) strategic international alliance 
E) joint alliance

Question 3

The legal/political environment is an important factor of managing in a foreign environment.

Accepted Answer

A) True 
 B)False

Question 4

Compared to many other countries,Canada's legal/political environment is considered ________.

Accepted Answer

A) radical 
B) stable 
C) unstable 
D) fixed 
E) dynamic 
A) radical 
B) stable 
C) unstable 
D) fixed 
E) dynamic

Question 5

The three original partners of NAFTA are Canada,the United States,and Mexico.

Accepted Answer

A) True 
 B)False

Question 6

The global environment of an organization includes which of the following?

Accepted Answer

A) demographic conditions 
B) issues directly relevant to achieving organizational goals 
C) stakeholders 
D) suppliers 
E) pressure groups 
A) demographic conditions 
B) issues directly relevant to achieving organizational goals 
C) stakeholders 
D) suppliers 
E) pressure groups

Question 7

NAFTA has strengthened the economic power of all three member countries.

Accepted Answer

A) True 
 B)False

Question 8

The term suppliers includes providers of financial and labour inputs.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following strategies for going global involves the highest level of risk and investment?

Accepted Answer

A) exporting 
B) foreign contracting 
C) licensing and franchising 
D) strategic alliances 
E) foreign subsidiary 
A) exporting 
B) foreign contracting 
C) licensing and franchising 
D) strategic alliances 
E) foreign subsidiary

Question 10

Which approach to going global did McDonald's Canada use when it opened restaurants in Russia?

Accepted Answer

A) exporting 
B) foreign contracting 
C) franchising 
D) strategic alliances 
E) licensing 
A) exporting 
B) foreign contracting 
C) franchising 
D) strategic alliances 
E) licensing

Question 11

Cultures with a high assertiveness rating tend to have people who are timid and shy.

Accepted Answer

A) True 
 B)False

Question 12

Economic conditions are part of the organization's specific environment.

Accepted Answer

A) True 
 B)False

Question 13

Given a choice,most managers would prefer to operate in environments that are ________.

Accepted Answer

A) simple and stable 
B) simple and dynamic 
C) complex and dynamic 
D) complex and stable 
E) dynamic and flexible 
A) simple and stable 
B) simple and dynamic 
C) complex and dynamic 
D) complex and stable 
E) dynamic and flexible

Question 14

Joint ventures are a type of ________.

Accepted Answer

A) license 
B) franchise 
C) foreign subsidiary 
D) strategic alliance 
A) license 
B) franchise 
C) foreign subsidiary 
D) strategic alliance

Question 15

Multinational corporations maintain significant operations in two or more countries simultaneously.

Accepted Answer

A) True 
 B)False

Question 16

A fully global organization might set up a ________ with a foreign company to create a new,independent company that produces a specific product.

Accepted Answer

A) foreign subsidiary 
B) strategic alliance 
C) licensing agreement 
D) joint venture 
A) foreign subsidiary 
B) strategic alliance 
C) licensing agreement 
D) joint venture

Question 17

The cultural dimension of ________ measures the degree to which a society relies on social norms and procedures to alleviate the unpredictability of future events.

Accepted Answer

A) power distance 
B) assertiveness 
C) performance orientation 
D) uncertainty avoidance 
E) future orientation 
A) power distance 
B) assertiveness 
C) performance orientation 
D) uncertainty avoidance 
E) future orientation

Question 18

Explain the difference between multinational,multidomestic,global,and transnational-borderless organizations.Provide examples for each type of organization.

Accepted Answer

Multinational corporation: A broad term

Question 19

"Born globals" are companies that choose to go global from inception; they commit resources up front (material,people,financing)to do business in more than one country.

Accepted Answer

A) True 
 B)False

Question 20

Refer to the Scenario below to answer the questions that follow.
A Different View (Scenario)
Jana has spent the last year travelling to different operations of her company.She visited factories in Mexico and Thailand,a finance operation in Singapore,a pearl company in Japan,and many other venues.She has now collected her thoughts about the various places she visited.
-In Mexico and Japan Jana noticed that it seemed easy to convince people to work together for the good of the group.How would you characterize this trait?

Accepted Answer

A) collectivist 
B) individualist 
C) humane 
D) assertive 
A) collectivist 
B) individualist 
C) humane 
D) assertive

Which of the following is usually found in the final stage of an organization's global evolution?

John and Sylvie recently opened a high-tech firm.From its inception the co-founders committed significant resources to the pursuit of business in various countries.John and Sylvie have created a company that can best be classified as a ________ company.

The legal/political environment is an important factor of managing in a foreign environment.

Compared to many other countries,Canada's legal/political environment is considered ________.

The three original partners of NAFTA are Canada,the United States,and Mexico.

The global environment of an organization includes which of the following?

NAFTA has strengthened the economic power of all three member countries.

The term suppliers includes providers of financial and labour inputs.

Which of the following strategies for going global involves the highest level of risk and investment?

Which approach to going global did McDonald's Canada use when it opened restaurants in Russia?

Cultures with a high assertiveness rating tend to have people who are timid and shy.

Economic conditions are part of the organization's specific environment.

Given a choice,most managers would prefer to operate in environments that are ________.

Joint ventures are a type of ________.

Multinational corporations maintain significant operations in two or more countries simultaneously.

A fully global organization might set up a ________ with a foreign company to create a new,independent company that produces a specific product.

The cultural dimension of ________ measures the degree to which a society relies on social norms and procedures to alleviate the unpredictability of future events.

Explain the difference between multinational,multidomestic,global,and transnational-borderless organizations.Provide examples for each type of organization.

"Born globals" are companies that choose to go global from inception; they commit resources up front (material,people,financing)to do business in more than one country.

Managers and Management

Planning and Strategic Management

Decision Making

Organizational Structure and Design

Operations Management

Human Resource Management

Leadership

Motivating Employees

Understanding Groups and Teams

Foundations of Control

Managing Innovation and Change

Filters

Exam 2: Environmental Contraints on Managers

Which of the following is usually found in the final stage of an organization's global evolution?

John and Sylvie recently opened a high-tech firm.From its inception the co-founders committed significant resources to the pursuit of business in various countries.John and Sylvie have created a company that can best be classified as a ________ company.

The legal/political environment is an important factor of managing in a foreign environment.

Compared to many other countries,Canada's legal/political environment is considered ________.

The three original partners of NAFTA are Canada,the United States,and Mexico.

The global environment of an organization includes which of the following?

NAFTA has strengthened the economic power of all three member countries.

The term suppliers includes providers of financial and labour inputs.

Which of the following strategies for going global involves the highest level of risk and investment?

Which approach to going global did McDonald's Canada use when it opened restaurants in Russia?

Cultures with a high assertiveness rating tend to have people who are timid and shy.

Economic conditions are part of the organization's specific environment.

Given a choice,most managers would prefer to operate in environments that are ________.

Joint ventures are a type of ________.

Multinational corporations maintain significant operations in two or more countries simultaneously.

A fully global organization might set up a ________ with a foreign company to create a new,independent company that produces a specific product.

The cultural dimension of ________ measures the degree to which a society relies on social norms and procedures to alleviate the unpredictability of future events.

Explain the difference between multinational,multidomestic,global,and transnational-borderless organizations.Provide examples for each type of organization.

"Born globals" are companies that choose to go global from inception; they commit resources up front (material,people,financing)to do business in more than one country.

Managers and Management

Planning and Strategic Management

Decision Making

Organizational Structure and Design

Operations Management

Human Resource Management

Leadership

Motivating Employees

Understanding Groups and Teams

Foundations of Control

Managing Innovation and Change

Filters