Question 1

Which of the following is the basic difference between multidomestic corporations and global companies?

Accepted Answer

A) Multidomestic corporations typically do business with more countries than global companies. 
B) Multidomestic corporations are run by global companies but must be owned by a local,national company. 
C) Multidomestic corporations decentralize management to the local country,while global companies centralize management in the home country. 
D) Multidomestic corporations reflect an ethnocentric attitude,while global companies reflect a polycentric attitude.

Question 2

Mercosur is a trading group made up of ten South American countries.

Accepted Answer

A) True 
 B)False

Question 3

Melanie joins an international student association in order to better understand the views of students from other countries.She is trying to become more ________ in her attitude.

Accepted Answer

A) parochialistic 
B) polycentric 
C) ethnocentric 
D) geocentric

Question 4

A(n)________ attitude is characterized by parochialism.

Accepted Answer

A) geocentric 
B) acculturated 
C) multilinguistic 
D) ethnocentric

Question 5

Melamark's advisor on global affairs is concerned that ________ carries too much risk.

Accepted Answer

A) a strategic alliance 
B) franchising 
C) setting up a foreign subsidiary 
D) a joint venture

Question 6

Explain some of the benefits and challenges faced by American businesses because of America's membership in NAFTA.

Accepted Answer

The answer of Explain some of the benefits and challenges...

Question 7

Mexico is an example of a collectivistic nation.

Accepted Answer

A) True 
 B)False

Question 8

Discuss the dimensions of the Global Leadership and Organizational Behavior Effectiveness (GLOBE)framework.Describe how each dimension compares to Hofstede's five dimensions of national culture.

Accepted Answer

The answer of Discuss the dimensions of the Global Leadership...

Question 9

The World Trade Organization ________.

Accepted Answer

A) advises developing countries on issues of trade barriers 
B) promotes long-term economic development and poverty reduction 
C) exists to help countries conduct trade through a system of rules 
D) facilitates trade among third-world countries and developed nations

Question 10

Discuss four global economic issues and how they affect management decisions,providing examples of each.

Accepted Answer

The answer of Discuss four global economic issues and how...

Question 11

A transnational organization reflects an ethnocentric attitude.

Accepted Answer

A) True 
 B)False

Question 12

The United States,Canada,and Mexico are parties to the North American Free Trade Association.

Accepted Answer

A) True 
 B)False

Question 13

Americans tend to suffer from parochialism.

Accepted Answer

A) True 
 B)False

Question 14

A ________ economy is one in which resources are primarily owned and controlled by the private sector.

Accepted Answer

A) free market 
B) planned 
C) command 
D) democratic

Question 15

Bill Sanderson,a manager in a manufacturing firm in New York has a tendency to view the world only through his U.S.-based perspective.What can be deduced about his attitude?

Accepted Answer

A) He has an elitist attitude. 
B) He has a polycentric attitude. 
C) He has a parochialistic attitude. 
D) He has a geocentric attitude.

Question 16

Melanie would like to become a part of the global retail community.Which of the following options should Melanie consider as her first step?

Accepted Answer

A) She should engage in global sourcing. 
B) She should engage in licensing. 
C) She should engage in franchising. 
D) She should develop strategic alliances with foreign companies.

Question 17

Cypress Exports would like to establish retail outlets in Mongrovia,a quasi-democratic African country with a growing middle class.But the national and local officials all want "gratuities" to process the applications for permits.Cypress Exports should appeal to ________.

Accepted Answer

A) the World Trade Organization 
B) the International Monetary Fund 
C) the African Union 
D) the Organization for Economic Cooperation and Development

Question 18

A manager who wishes to be successful in international business should avoid a(n)________ attitude.

Accepted Answer

A) multicultural 
B) multiracial 
C) ethnocentric 
D) geocentric

Question 19

Outsiders would call them clannish.Ianos and his family are very close.At work,he gives his all to the team.His neighbors support each other but exclude people they do not know.This describes a culture that is ________.

Accepted Answer

A) high in institutional collectivism 
B) high in in-group collectivism 
C) low in humane orientation 
D) high in performance orientation

Question 20

If Marla's company dropped its organizational structure based on country and reorganized into industry groups,it would best be considered a ________.

Accepted Answer

A) borderless organization 
B) foreign subsidiary 
C) global company 
D) multidomestic corporation

Exam 4: Managing in a Global Environment

Which of the following is the basic difference between multidomestic corporations and global companies?

Mercosur is a trading group made up of ten South American countries.

Melanie joins an international student association in order to better understand the views of students from other countries.She is trying to become more ________ in her attitude.

A(n) ________ attitude is characterized by parochialism.

Melamark's advisor on global affairs is concerned that ________ carries too much risk.

Explain some of the benefits and challenges faced by American businesses because of America's membership in NAFTA.

Mexico is an example of a collectivistic nation.

Discuss the dimensions of the Global Leadership and Organizational Behavior Effectiveness (GLOBE)framework.Describe how each dimension compares to Hofstede's five dimensions of national culture.

The World Trade Organization ________.

Discuss four global economic issues and how they affect management decisions,providing examples of each.

A transnational organization reflects an ethnocentric attitude.

The United States,Canada,and Mexico are parties to the North American Free Trade Association.

Americans tend to suffer from parochialism.

A ________ economy is one in which resources are primarily owned and controlled by the private sector.

Bill Sanderson,a manager in a manufacturing firm in New York has a tendency to view the world only through his U.S.-based perspective.What can be deduced about his attitude?

Melanie would like to become a part of the global retail community.Which of the following options should Melanie consider as her first step?

Cypress Exports would like to establish retail outlets in Mongrovia,a quasi-democratic African country with a growing middle class.But the national and local officials all want "gratuities" to process the applications for permits.Cypress Exports should appeal to ________.

A manager who wishes to be successful in international business should avoid a(n) ________ attitude.

Outsiders would call them clannish.Ianos and his family are very close.At work,he gives his all to the team.His neighbors support each other but exclude people they do not know.This describes a culture that is ________.

If Marla's company dropped its organizational structure based on country and reorganized into industry groups,it would best be considered a ________.