Question 1

____ refers to a value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.

Accepted Answer

A)   Power distance
B)   Uncertainty avoidance
C)   Certainty avoidance
D)   Conformity seekers
E)   None of theseF) A) and B)
G) A) and E)

Question 2

Changes in the exchange rates can have major implications for the profitability of international operations.

Accepted Answer

A) True 
 B)False

Question 3

In which stage, market potential is limited to home country, with all production and marketing facilities located at home?

Accepted Answer

A)   Domestic
B)   International
C)   Global
D)   Multinational
E)   StatelessF) A) and B)
G) D) and E)

Question 4

Identify and briefly explain at least two key factors in economic, sociocultural and political-legal environments that affect an organization.

Accepted Answer

Please ref...

Question 5

According to Manager's Shoptalk in Chapter 4, the polite way to give your business card to a Japanese business person is when first meeting, presenting your card with both hands.

Accepted Answer

A) True 
 B)False

Question 6

An organization developed for the purpose of eliminating tariffs in trading between Canada and the United States is called The North American Freedom of Tariffs Administration (NAFTA).

Accepted Answer

A) True 
 B)False

Question 7

A foreign terrorist kidnaps your firm's marketing VP while the VP is in the host country. This is a harsh example of

Accepted Answer

A)   economic development.
B)   infrastructure.
C)   political risk.
D)   international law.
E)   social risk.F) D) and E)
G) All of the above

Question 8

German, Swiss, and North American cultures are among the high-context cultures.

Accepted Answer

A) True 
 B)False

Question 9

____________________ means that people have a tendency to regard their own culture as superior to other cultures.

Accepted Answer

The answer of ____________________ means that people have a tendency...

Question 10

Unfortunately, many U.S. managers fail to realize that the values and behaviors that typically govern how business is done in the United States do not translate to the rest of the world.

Accepted Answer

A) True 
 B)False

Question 11

Ethnocentrism refers to a natural tendency of people to regard their own culture as inferior to other cultures.

Accepted Answer

A) True 
 B)False

Question 12

In a(n) ____________________, people use communication primarily to exchange facts and information.

Accepted Answer

The answer of In a(n) ____________________, people use communication primarily...

Question 13

In relationship-oriented societies, leaders should

Accepted Answer

A)   take a strong personal interest in employees.
B)   feel free to criticize as much as they feel they need to.
C)   reprimand in public whenever possible. It is an especially effective technique in these societies.
D)   minimize the emphasis on relations given the society's interest.
E)   maintain the traditional command-and-control management style.F) B) and E)
G) A) and E)

Question 14

The basic management functions of planning, organizing, leading, and controlling are the same whether a company operates domestically or internationally.

Accepted Answer

A) True 
 B)False

Question 15

The primary emphasis of polycentric companies is on their home countries.

Accepted Answer

A) True 
 B)False

Question 16

All of the following are components of cultural intelligence, EXCEPT:

Accepted Answer

A)   Physical
B)   Cognitive
C)   Emotional
D)   Analytical
E)   All of theseF) None of the above
G) A) and D)

Question 17

A form of direct investment is franchising.

Accepted Answer

A) True 
 B)False

Question 18

An estimated 55 percent of world trade is countertrade.

Accepted Answer

A) True 
 B)False

Question 19

Seeking cheaper sources of materials or labor offshore is called offshoring.

Accepted Answer

A) True 
 B)False

Question 20

There are three components to cultural intelligence: cognitive, emotional, and physical.

Accepted Answer

A) True 
 B)False

Exam 4: Managing in a Global Environment

An estimated 55 percent of world trade is countertrade.

Correct AnswerverifiedShow Answer

____________________ means that people have a tendency to regard their own culture as superior to other cultures.

Correct AnswerverifiedShow Answer

Seeking cheaper sources of materials or labor offshore is called offshoring.

Correct AnswerverifiedShow Answer

The primary emphasis of polycentric companies is on their home countries.

Correct AnswerverifiedShow Answer

Changes in the exchange rates can have major implications for the profitability of international operations.

Correct AnswerverifiedShow Answer

Ethnocentrism refers to a natural tendency of people to regard their own culture as inferior to other cultures.

Correct AnswerverifiedShow Answer

Unfortunately, many U.S. managers fail to realize that the values and behaviors that typically govern how business is done in the United States do not translate to the rest of the world.

Correct AnswerverifiedShow Answer

German, Swiss, and North American cultures are among the high-context cultures.

Correct AnswerverifiedShow Answer

____ refers to a value characterized by people's intolerance for uncertainty and ambiguity and resulting support for beliefs that promise certainty and conformity.

Correct AnswerverifiedShow Answer

A form of direct investment is franchising.

Correct AnswerverifiedShow Answer

According to Manager's Shoptalk in Chapter 4, the polite way to give your business card to a Japanese business person is when first meeting, presenting your card with both hands.

Correct AnswerverifiedShow Answer

In relationship-oriented societies, leaders should

Correct AnswerverifiedShow Answer

An organization developed for the purpose of eliminating tariffs in trading between Canada and the United States is called The North American Freedom of Tariffs Administration (NAFTA).

Correct AnswerverifiedShow Answer

The basic management functions of planning, organizing, leading, and controlling are the same whether a company operates domestically or internationally.

Correct AnswerverifiedShow Answer

A foreign terrorist kidnaps your firm's marketing VP while the VP is in the host country. This is a harsh example of

Correct AnswerverifiedShow Answer

There are three components to cultural intelligence: cognitive, emotional, and physical.

Correct AnswerverifiedShow Answer

In which stage, market potential is limited to home country, with all production and marketing facilities located at home?

Correct AnswerverifiedShow Answer

Identify and briefly explain at least two key factors in economic, sociocultural and political-legal environments that affect an organization.

Correct AnswerverifiedPlease ref...View AnswerShow Answer

In a(n) ____________________, people use communication primarily to exchange facts and information.

Correct AnswerverifiedShow Answer

All of the following are components of cultural intelligence, EXCEPT:

Correct AnswerverifiedShow Answer

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