MANAGEMENT chapter 4
Last Modified: 2013-02-10
Which of the following is a way to become a world citizen?
Learn rituals of respect.
The earliest forms of communication, the hallmark of great civilizations, were based on
Which of the following is an event that helped spur the inception of the global economy?
The opening of Asian markets to foreign investors.
According to technology philosopher Nicholas Negroponte, the global market driven by electronic information results in an increase of minifirms and
According to management recruiters, ______ demonstrates independence, resourcefulness, and entrepreneurship to potential employers.
foreign work experience
Oxfam International is a nonprofit that works in 90 countries on issues of poverty advocacy and eradication, as well as disaster relief. Oxfam is a(n)
__________ managers believe that their native country, culture, language, and behavior are superior to all others.
Christine prefers not to deviate from the practices she has always used as a U.S. manager, even though she is now working at an Asian subsidiary. She has been heard saying that she is "just ensuring the job gets done right." Christine is most likely a(n) ________ manager.
A polycentric manager believes that
native managers in foreign offices best understand native personnel and practices.
Which of the following is a primary reason that companies expand internationally?
Lower labor costs
When a company uses a supplier outside itself to provide goods and services, it is
Seref purchases handcrafted Turkish rugs overseas and brings them to the United States to sell in his retail store. He is involved in
A company that barters goods for other goods is involved in
When a company allows a foreign firm to pay it a fee to make or distribute the first company's product or service it is called
Pizza Hut provides the use of its name plus operating know-how to companies in Costa Rica in return for a fee plus a percentage of profits. Pizza Hut is
China does not allow foreign car manufacturers to sell vehicles independently in its country but instead requires them to partner with a Chinese company. This type of partnership is known as a
The movement of goods and services among nations without political or economic obstruction is called
Which of the following is a form of trade protectionism?
The EU has recently agreed to cut the taxes it charges on bananas imported from Central and South America. This tax is a type of
__________ is the practice of a foreign company exporting products abroad at a lower price than the price in the home market or even below the costs of production in order to drive down the price of the domestic product.
South Korea recently lifted its ban on beef and beef products imported from Canada, one that had originated because of cases of bovine spongiform encephalopathy (BSE) among Canadian cattle. The ban is an example of a(n)
Which of the following organizations succeeded GATT?
World Trade Organization
The ______ is controversial because it has been accused of financing projects, which harm the environment and of helping countries that permit sweatshops or suppress religious freedom.
Which of the following is a major trading bloc?
The __________ is the rate at which one country's currency can be exchanged for another country's currency.
The economic community that includes China and Thailand is the
______ is a trading status that describes a condition in which a country grants other countries favorable trading treatment such as a reduction of import duties.
Most favored nation
A nation's __________ is the shared set of beliefs, values, knowledge, and patterns of behavior common to its people.
In a(n) ______, shared meanings are primarily derived from written and spoken words rather than situational cues.
Which of the following is a cultural dimension in the GLOBE project?
On GLOBE dimensions, the U.S. managerial sample scored high on
assertiveness and performance orientation
Jill, a native of New Orleans, was living in Berlin and working for a U.S. news magazine. Jill would best be termed a(n)
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