Question 1

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)   technocratic

Question 2

Which of the following is currently under negotiation by 34 countries in the Western Hemisphere?

Accepted Answer

A)   African Union
B)   Free Trade Area of the Americas
C)   Mercosur
D)   African Community

Question 3

________ is a measure of the degree to which people rely on social norms and procedures to alleviate the unpredictability of future events.

Accepted Answer

A)   Power distance
B)   Uncertainty avoidance
C)   Achievement
D)   Nurturing

Question 4

Monolingualism is one sign that a nation suffers from ________.

Accepted Answer

A)   parochialism
B)   ethnocentrism
C)   polycentrism
D)   geocentrism

Question 5

A(n)  ________ attitude is characterized by parochialism.

Accepted Answer

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

Question 6

One of the hottest topics of your talk will be the North American Free Trade Agreement.One of the points that you will emphasize is that ________.

Accepted Answer

A)   between 1994 and 2007, merchandise trade between the United States, Canada, and Mexico increased slightly
B)   a large number of people continue to migrate from Mexico to the United States in search of jobs and prosperity
C)   as of 2012, it is the second largest trade bloc in the world in terms of the combined gross domestic product of its members
D)   Mexico is struggling to prosper from the free trade agreement

Question 7

The Global Leadership and Organizational Behavior Effectiveness program identified ________ dimensions on which national cultures differ.

Accepted Answer

A)   five
B)   seven
C)   nine
D)   eleven

Question 8

A country where people look to the future and value thrift and persistence is said to ________.

Accepted Answer

A)   have an individualistic attitude
B)   have a long-term orientation
C)   be nurturing
D)   be achievement oriented

Question 9

Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use the rights to their software, brand name, and software specifications in return for a lump sum payment.The firm is a service organization that plans to use the software to assist its customers.Their agreement is a(n)  ________.

Accepted Answer

A)   export agreement
B)   licensing agreement
C)   franchise agreement
D)   import agreement

Question 10

Managers with a(n)  ________ attitude view every foreign operation as different and hard to understand.

Accepted Answer

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

Question 11

The international operations of their firm continues to grow.Theodore and James have realized that decentralized management using foreign nationals to run operations in the host countries works best.Their firm has developed into a ________ organization.

Accepted Answer

A)   transnational
B)   multidomestic
C)   borderless
D)   global

Question 12

One section of Shana's company's business plan involves setting up a foreign subsidiary.This arrangement involves ________.

Accepted Answer

A)   making products domestically and selling them abroad
B)   Shana's company giving the foreign subsidiary the right to use its brand name
C)   directly investing in a foreign country
D)   minimum global investment

Question 13

How many members does The African Union have?

Accepted Answer

A)   78
B)   53
C)   64
D)   49

Question 14

A(n)  ________ is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.

Accepted Answer

A)   equity strategic alliance
B)   joint venture
C)   global venture
D)   nonequity strategic alliance

Question 15

A transnational organization reflects an ethnocentric attitude.

Accepted Answer

A) True 
 B)False

Question 16

The World Trade Organization was formed in the year ________.

Accepted Answer

A)   1995
B)   1967
C)   1971
D)   1983

Question 17

A(n)  ________ attitude is the view that employees in the host country know the best practices for running their operations.

Accepted Answer

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

Question 18

________ is a cultural dimension in which people expect others in their group to look after them and protect them.

Accepted Answer

A)   Low uncertainty avoidance
B)   Achievement
C)   Collectivism
D)   High power distance

Question 19

The ________ decentralizes its management and other decisions to the local country.

Accepted Answer

A)   multidomestic corporation
B)   global company
C)   transnational organization
D)   borderless organization

Question 20

When an organization makes products domestically and sells them abroad, it indulges in ________.

Accepted Answer

A)   importing
B)   exporting
C)   licensing
D)   franchising

Exam 3: Managing in a Global Environment

________ is a measure of the degree to which people rely on social norms and procedures to alleviate the unpredictability of future events.

Correct Answer
verified

The Global Leadership and Organizational Behavior Effectiveness program identified ________ dimensions on which national cultures differ.

Correct Answer
verified

________ is a cultural dimension in which people expect others in their group to look after them and protect them.

Correct Answer
verified

A transnational organization reflects an ethnocentric attitude.

Correct Answer
verified

A(n) ________ is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.

Correct Answer
verified

Correct Answer
verified

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

Correct Answer
verified

A(n) ________ attitude is characterized by parochialism.

Correct Answer
verified

Managers with a(n) ________ attitude view every foreign operation as different and hard to understand.

Correct Answer
verified

The World Trade Organization was formed in the year ________.

Correct Answer
verified

One of the hottest topics of your talk will be the North American Free Trade Agreement.One of the points that you will emphasize is that ________.

Correct Answer
verified

A country where people look to the future and value thrift and persistence is said to ________.

Correct Answer
verified

How many members does The African Union have?

Correct Answer
verified

The international operations of their firm continues to grow.Theodore and James have realized that decentralized management using foreign nationals to run operations in the host countries works best.Their firm has developed into a ________ organization.

Correct Answer
verified

The ________ decentralizes its management and other decisions to the local country.

Correct Answer
verified

One section of Shana's company's business plan involves setting up a foreign subsidiary.This arrangement involves ________.

Correct Answer
verified

Monolingualism is one sign that a nation suffers from ________.

Correct Answer
verified

When an organization makes products domestically and sells them abroad, it indulges in ________.

Correct Answer
verified

A(n) ________ attitude is the view that employees in the host country know the best practices for running their operations.

Correct Answer
verified

Which of the following is currently under negotiation by 34 countries in the Western Hemisphere?

Correct Answer
verified

Exam 3: Managing in a Global Environment

________ is a measure of the degree to which people rely on social norms and procedures to alleviate the unpredictability of future events.

Correct AnswerverifiedShow Answer

The Global Leadership and Organizational Behavior Effectiveness program identified ________ dimensions on which national cultures differ.

Correct AnswerverifiedShow Answer

________ is a cultural dimension in which people expect others in their group to look after them and protect them.

Correct AnswerverifiedShow Answer

A transnational organization reflects an ethnocentric attitude.

Correct AnswerverifiedShow Answer

A(n) ________ is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

A(n) ________ attitude is characterized by parochialism.

Correct AnswerverifiedShow Answer

Managers with a(n) ________ attitude view every foreign operation as different and hard to understand.

Correct AnswerverifiedShow Answer

The World Trade Organization was formed in the year ________.

Correct AnswerverifiedShow Answer

One of the hottest topics of your talk will be the North American Free Trade Agreement.One of the points that you will emphasize is that ________.

Correct AnswerverifiedShow Answer

A country where people look to the future and value thrift and persistence is said to ________.

Correct AnswerverifiedShow Answer

How many members does The African Union have?

Correct AnswerverifiedShow Answer

The international operations of their firm continues to grow.Theodore and James have realized that decentralized management using foreign nationals to run operations in the host countries works best.Their firm has developed into a ________ organization.

Correct AnswerverifiedShow Answer

The ________ decentralizes its management and other decisions to the local country.

Correct AnswerverifiedShow Answer

One section of Shana's company's business plan involves setting up a foreign subsidiary.This arrangement involves ________.

Correct AnswerverifiedShow Answer

Monolingualism is one sign that a nation suffers from ________.

Correct AnswerverifiedShow Answer

When an organization makes products domestically and sells them abroad, it indulges in ________.

Correct AnswerverifiedShow Answer

A(n) ________ attitude is the view that employees in the host country know the best practices for running their operations.

Correct AnswerverifiedShow Answer

Which of the following is currently under negotiation by 34 countries in the Western Hemisphere?

Correct AnswerverifiedShow Answer

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