Question 1

An organization with significant operations in more than one country is known as a/an ________.

Accepted Answer

A)   international organization
B)   domestic organization
C)   multinational organization
D)   transnational organization
E)   global organizationF) B) and D)
G) A) and B)

Question 2

A multinational corporation is a company that is primarily based in one country but has continuing transactions in other countries.

Accepted Answer

A) True 
 B)False

Question 3

Gary is a British citizen working for an American company situated in London. He is a(n)  ________.

Accepted Answer

A)   host-country national
B)   third-country national
C)   repatriate
D)   expatriate
E)   immigrantF) None of the above
G) A) and D)

Question 4

In order to be classified as a domestic corporation, a corporation must acquire all resources and sell all products within one country.

Accepted Answer

A) True 
 B)False

Question 5

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units, they understand them better, and therefore foreign management practices are more insightful than home-country management practices.

Accepted Answer

A)   ethnocentric
B)   polycentric
C)   egocentric
D)   geocentric
E)   gynocentricF) C) and E)
G) C) and D)

Question 6

________ in multinational corporations requires that standards be set, performance be measured and compared to standards, and corrective action be taken if necessary.

Accepted Answer

A)   Planning
B)   Organizing
C)   Leading
D)   Controlling
E)   InfluencingF) All of the above
G) A) and E)

Question 7

Canada, the People's Republic of China, Indonesia, and the United States are all members of the Asian-Pacific Economic Cooperation. This agreement is an example of an ________ agreement.

Accepted Answer

A)   international license
B)   international market
C)   international framework
D)   international import
E)   international exportF) A) and D)
G) A) and C)

Question 8

Managers with an ethnocentric attitude are prone to stereotype foreign management practices as faulty and unreasonable.

Accepted Answer

A) True 
 B)False

Question 9

________ is the set of characteristics of a given group of people and their environment and includes components like norms, values, habits, education and religion.

Accepted Answer

A)   Culture
B)   Politics
C)   Laws
D)   Attitude
E)   EthicsF) A) and D)
G) B) and C)

Question 10

What is the most advanced stage in multinationalization of a company?

Accepted Answer

A)   licensing its brand names to foreign firms
B)   establishing foreign manufacturing facilities
C)   establishing sales organizations abroad
D)   exporting the organization's products to foreign countries
E)   multinationalizing ownership of the corporate stockF) B) and C)
G) D) and E)

Question 11

How can companies and management work to better prepare expatriates for their assignments?

Accepted Answer

As global business demands increase, we ...

Question 12

Which of the following statements is true about NAFTA?

Accepted Answer

A)   It aims at facilitating trade among the United States, Canada, and Mexico.
B)   Its members include Denmark, the United Kingdom, Portugal, the Netherlands, Belgium.
C)   It is an international market agreement aimed at facilitating trade among African nations.
D)   It works to reduce tariffs and other trade barriers across the Asia-Pacific region.
E)   It has 21 members, including Canada, the People's Republic of China, Indonesia, and the United States.F) C) and D)
G) A) and D)

Question 13

A company that merely exports products to a foreign country cannot be considered a multinational corporation.

Accepted Answer

A) True 
 B)False

Question 14

When a company provides an expatriate with basic information about life in a foreign country, such as personal safety, who to call in an emergency, and how to write a check, the company is providing training in ________.

Accepted Answer

A)   cultural profiling
B)   cultural adaptation
C)   cultural application
D)   logistical information
E)   repatriationF) D) and E)
G) A) and B)

Question 15

Yoplait offered a ________ to General Mills to produce its yogurt products in the United States.

Accepted Answer

A)   direct investment
B)   license agreement
C)   joint venture
D)   international market agreement
E)   multinational corporationF) A) and B)
G) A) and C)

Question 16

Joe is a citizen of Sri Lanka who lives and works for a company in Brazil. He is considered to be a(n)  ________.

Accepted Answer

A)   dual citizen
B)   expatriate
C)   repatriate
D)   host-country national
E)   home-country nationalF) C) and E)
G) B) and D)

Question 17

The most commonly cited transnational organization is ________.

Accepted Answer

A)   Dove
B)   Nestle
C)   Hershey
D)   Mars
E)   AppleF) B) and C)
G) A) and D)

Question 18

Which of the following is a characteristic of domestic management?

Accepted Answer

A)   widely disparate economic conditions
B)   national markets varying greatly in population and area
C)   different national sovereignties
D)   markets at different stages of the industrial revolution
E)   people living in similar value systemsF) A) and D)
G) B) and D)

Question 19

The management of a company decides to take corrective action in the way they have been comparing profits generated by organizational units located in different countries and decides to represent it in terms of different currencies. Which of the following management functions is being performed here?

Accepted Answer

A)   planning
B)   influencing
C)   controlling
D)   organizing
E)   leadingF) A) and C)
G) B) and D)

Question 20

Geert Hofstede's research has been instrumental in understanding how culture across nations vary. Mexico and France valuing autocratic leadership is a reflection of which one of the following Hofstede cultural dimensions?

Accepted Answer

A)   power distance
B)   uncertainty avoidance
C)   individualism and collectivism
D)   masculinity and femininity
E)   short- and long-term orientationF) B) and C)
G) C) and D)

Exam 4: Managing in the Global Arena

________ is the set of characteristics of a given group of people and their environment and includes components like norms, values, habits, education and religion.

Correct Answer
verified

Canada, the People's Republic of China, Indonesia, and the United States are all members of the Asian-Pacific Economic Cooperation. This agreement is an example of an ________ agreement.

Correct Answer
verified

A company that merely exports products to a foreign country cannot be considered a multinational corporation.

Correct Answer
verified

An organization with significant operations in more than one country is known as a/an ________.

Correct Answer
verified

In order to be classified as a domestic corporation, a corporation must acquire all resources and sell all products within one country.

Correct Answer
verified

________ in multinational corporations requires that standards be set, performance be measured and compared to standards, and corrective action be taken if necessary.

Correct Answer
verified

Joe is a citizen of Sri Lanka who lives and works for a company in Brazil. He is considered to be a(n) ________.

Correct Answer
verified

The most commonly cited transnational organization is ________.

Correct Answer
verified

Correct Answer
verified

A multinational corporation is a company that is primarily based in one country but has continuing transactions in other countries.

Correct Answer
verified

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units, they understand them better, and therefore foreign management practices are more insightful than home-country management practices.

Correct Answer
verified

Yoplait offered a ________ to General Mills to produce its yogurt products in the United States.

Correct Answer
verified

Which of the following is a characteristic of domestic management?

Correct Answer
verified

What is the most advanced stage in multinationalization of a company?

Correct Answer
verified

How can companies and management work to better prepare expatriates for their assignments?

Correct Answer
verified
As global business demands increase, we ...
View Answer

When a company provides an expatriate with basic information about life in a foreign country, such as personal safety, who to call in an emergency, and how to write a check, the company is providing training in ________.

Correct Answer
verified

Gary is a British citizen working for an American company situated in London. He is a(n) ________.

Correct Answer
verified

Which of the following statements is true about NAFTA?

Correct Answer
verified

Geert Hofstede's research has been instrumental in understanding how culture across nations vary. Mexico and France valuing autocratic leadership is a reflection of which one of the following Hofstede cultural dimensions?

Correct Answer
verified

Managers with an ethnocentric attitude are prone to stereotype foreign management practices as faulty and unreasonable.

Correct Answer
verified

Exam 4: Managing in the Global Arena

________ is the set of characteristics of a given group of people and their environment and includes components like norms, values, habits, education and religion.

Correct AnswerverifiedShow Answer

Canada, the People's Republic of China, Indonesia, and the United States are all members of the Asian-Pacific Economic Cooperation. This agreement is an example of an ________ agreement.

Correct AnswerverifiedShow Answer

A company that merely exports products to a foreign country cannot be considered a multinational corporation.

Correct AnswerverifiedShow Answer

An organization with significant operations in more than one country is known as a/an ________.

Correct AnswerverifiedShow Answer

In order to be classified as a domestic corporation, a corporation must acquire all resources and sell all products within one country.

Correct AnswerverifiedShow Answer

________ in multinational corporations requires that standards be set, performance be measured and compared to standards, and corrective action be taken if necessary.

Correct AnswerverifiedShow Answer

Joe is a citizen of Sri Lanka who lives and works for a company in Brazil. He is considered to be a(n) ________.

Correct AnswerverifiedShow Answer

The most commonly cited transnational organization is ________.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

A multinational corporation is a company that is primarily based in one country but has continuing transactions in other countries.

Correct AnswerverifiedShow Answer

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units, they understand them better, and therefore foreign management practices are more insightful than home-country management practices.

Correct AnswerverifiedShow Answer

Yoplait offered a ________ to General Mills to produce its yogurt products in the United States.

Correct AnswerverifiedShow Answer

Which of the following is a characteristic of domestic management?

Correct AnswerverifiedShow Answer

What is the most advanced stage in multinationalization of a company?

Correct AnswerverifiedShow Answer

How can companies and management work to better prepare expatriates for their assignments?

Correct AnswerverifiedAs global business demands increase, we ...View AnswerShow Answer

When a company provides an expatriate with basic information about life in a foreign country, such as personal safety, who to call in an emergency, and how to write a check, the company is providing training in ________.

Correct AnswerverifiedShow Answer

Gary is a British citizen working for an American company situated in London. He is a(n) ________.

Correct AnswerverifiedShow Answer

Which of the following statements is true about NAFTA?

Correct AnswerverifiedShow Answer

Geert Hofstede's research has been instrumental in understanding how culture across nations vary. Mexico and France valuing autocratic leadership is a reflection of which one of the following Hofstede cultural dimensions?

Correct AnswerverifiedShow Answer

Managers with an ethnocentric attitude are prone to stereotype foreign management practices as faulty and unreasonable.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
As global business demands increase, we ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified