Question 1

In the United States,the Foreign Corrupt Practices Act is controversial because the act __________.

Accepted Answer

A)  makes it hard for foreign firms to do business in the U.S.
B)  makes it illegal for U.S.firms to engage in corrupt practices overseas
C)  allows U.S.firms to make payoffs to foreign officials in order to obtain or keep business
D)  makes it legal for foreign firms to use corrupt practices in the U.S.
E)  makes it illegal for foreign firms to use corrupt practices in the U.S.F) A) and E)
G) None of the above

Question 2

The World Trade Organization WTO)is a global institution that was established to promote free trade and open markets around the world.

Accepted Answer

A) True 
 B)False

Question 3

The use of child labour has been effectively eliminated as an ethical issue that faces managers of MNCs.

Accepted Answer

A) True 
 B)False

Question 4

Transnational corporations seek integration of their operations,operating across borders without home-based prejudices and making major decisions from a global perspective.

Accepted Answer

A) True 
 B)False

Question 5

Anglo cultures tend to score high on performance orientation while Asians are low on this dimension.

Accepted Answer

A) True 
 B)False

Question 6

The five cultural dimensions identified by Hofstede are power distance,uncertainty avoidance,individualism-collectivism,masculinity-femininity,and time orientation.

Accepted Answer

A) True 
 B)False

Question 7

High-context cultures are those in which most communication takes place via the spoken or written word.Low-context cultures are those in much communication takes place through nonverbal and situational cues in addition to the written or spoken word.

Accepted Answer

A) True 
 B)False

Question 8

A company that operates worldwide without being identified with one national home is known as a __________.

Accepted Answer

A)  multinational corporation
B)  transnational corporation
C)  international corporation
D)  nondomestic corporation
E)  supernational corporationF) B) and D)
G) B) and C)

Question 9

Hofstede defined his uncertainty avoidance dimension of national culture as __________.

Accepted Answer

A)  The degree to which a society is uncomfortable with risk,change,and situational uncertainties.
B)  The degree to which a society accepts a hierarchical or unequal distribution of power in organizations.
C)  The degree to which a society emphasizes individual accomplishments and self-interests versus the collective accomplishments and interests of groups.
D)  The degree to which a society emphasizes assertiveness and material concerns versus greater concerns for human relationships and feelings.
E)  The degree to which a society emphasizes short-term considerations versus greater concern for the future.F) C) and D)
G) A) and B)

Question 10

One of the concerns of multinational corporations is whether U.S.management practices and theories are appropriate for use in foreign countries.Hofstede's research in this area indicates that American theories __________.

Accepted Answer

A)  are universally applicable since they are good theories
B)  are only valid within the United States
C)  work best within American-based multinational corporations
D)  are still ethnocentric
E)  work best within English-speaking countriesF) D) and E)
G) C) and D)

Question 11

A shared set of beliefs,values,and patterns of behaviour common to a group of people is referred to as __________.

Accepted Answer

A)  culture.
B)  the legal system.
C)  the economic system.
D)  group character.
E)  national style.F) B) and D)
G) A) and B)

Question 12

In monochronic cultures time is used to accomplish many different things at once.

Accepted Answer

A) True 
 B)False

Question 13

Tariffs are taxes governments levy on imports from abroad.

Accepted Answer

A) True 
 B)False

Question 14

__________ cultures are those in which much communication takes place through nonverbal and situational cues in addition to the written or spoken word.

Accepted Answer

A)  Low-context
B)  Middle-context
C)  High-context
D)  Corporate
E)  OrganizationalF) C) and E)
G) B) and C)

Question 15

Geert Hofstede has developed a framework consisting of five dimensions for understanding the management implications of broad differences in national cultures.Which one of the following statements accurately identifies these five dimensions?

Accepted Answer

A)  Location,certainty avoidance,individualism-collectivism,masculinity-femininity,and religious tradition.
B)  Power distance,certainty avoidance,individualism-utilitarianism,masculinity-femininity,and religious tradition.
C)  Political distance,uncertainty avoidance,utilitarianism-collectivism,masculinity-femininity,and time orientation.
D)  Power distance,uncertainty avoidance,individualism-collectivism,masculinity-femininity,and time orientation.
E)  Power distance,uncertainty avoidance,individualism-collectivism,totalitarianism-decentralization,and economic opportunities.F) A) and B)
G) A) and C)

Question 16

Legal,political,and ethical challenges to global business can be found in many arenas.What are the challenges to business that emerge from the actions of a host country and those that emerge from the actions of a home country?

Accepted Answer

Local politics,laws,and ethical standard...

Question 17

An) ______________make major decisions from a global perspective,distribute work among worldwide points of excellence,and employ executives from many different countries.

Accepted Answer

A)  multinational corporation
B)  transnational corporation
C)  international corporation
D)  nondomestic corporation
E)  supernational corporationF) A) and B)
G) B) and D)

Question 18

__________ is a form of international business through which a foreign company pays a fee for the rights to manufacture or sell another firm's products in a specified region.

Accepted Answer

A)  A franchise
B)  A joint venture
C)  A strategic alliance
D)  A licensing agreement
E)  OutsourcingF) B) and E)
G) B) and D)

Question 19

Arguments on the positive side of NAFTA do not include

Accepted Answer

A)  greater cross-border trade
B)  benefits to farm exports
C)  a common currency
D)  reform of the Mexican business environment
E)  greater productivity of manufacturersF) B) and E)
G) A) and D)

Question 20

Members of the World Trade Organization agree to give each other the most favourable treatment for imports and exports,which is known as__________.

Accepted Answer

A)  international political kickbacks
B)  most favoured nation status
C)  global greasing
D)  most favoured bribery status
E)  the Import/Export BankF) C) and D)
G) A) and D)

Exam 3: Global Dimensions of Management

High-context cultures are those in which most communication takes place via the spoken or written word.Low-context cultures are those in much communication takes place through nonverbal and situational cues in addition to the written or spoken word.

Correct AnswerverifiedShow Answer

A company that operates worldwide without being identified with one national home is known as a __________.

Correct AnswerverifiedShow Answer

A shared set of beliefs,values,and patterns of behaviour common to a group of people is referred to as __________.

Correct AnswerverifiedShow Answer

Legal,political,and ethical challenges to global business can be found in many arenas.What are the challenges to business that emerge from the actions of a host country and those that emerge from the actions of a home country?

Correct AnswerverifiedLocal politics,laws,and ethical standard...View AnswerShow Answer

One of the concerns of multinational corporations is whether U.S.management practices and theories are appropriate for use in foreign countries.Hofstede's research in this area indicates that American theories __________.

Correct AnswerverifiedShow Answer

Arguments on the positive side of NAFTA do not include

Correct AnswerverifiedShow Answer

The use of child labour has been effectively eliminated as an ethical issue that faces managers of MNCs.

Correct AnswerverifiedShow Answer

In the United States,the Foreign Corrupt Practices Act is controversial because the act __________.

Correct AnswerverifiedShow Answer

Tariffs are taxes governments levy on imports from abroad.

Correct AnswerverifiedShow Answer

An) ______________make major decisions from a global perspective,distribute work among worldwide points of excellence,and employ executives from many different countries.

Correct AnswerverifiedShow Answer

Transnational corporations seek integration of their operations,operating across borders without home-based prejudices and making major decisions from a global perspective.

Correct AnswerverifiedShow Answer

Anglo cultures tend to score high on performance orientation while Asians are low on this dimension.

Correct AnswerverifiedShow Answer

Members of the World Trade Organization agree to give each other the most favourable treatment for imports and exports,which is known as__________.

Correct AnswerverifiedShow Answer

The World Trade Organization WTO)is a global institution that was established to promote free trade and open markets around the world.

Correct AnswerverifiedShow Answer

The five cultural dimensions identified by Hofstede are power distance,uncertainty avoidance,individualism-collectivism,masculinity-femininity,and time orientation.

Correct AnswerverifiedShow Answer

Hofstede defined his uncertainty avoidance dimension of national culture as __________.

Correct AnswerverifiedShow Answer

__________ cultures are those in which much communication takes place through nonverbal and situational cues in addition to the written or spoken word.

Correct AnswerverifiedShow Answer

__________ is a form of international business through which a foreign company pays a fee for the rights to manufacture or sell another firm's products in a specified region.

Correct AnswerverifiedShow Answer

Geert Hofstede has developed a framework consisting of five dimensions for understanding the management implications of broad differences in national cultures.Which one of the following statements accurately identifies these five dimensions?

Correct AnswerverifiedShow Answer

In monochronic cultures time is used to accomplish many different things at once.

Correct AnswerverifiedShow Answer

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Local politics,laws,and ethical standard...
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