Question 1

International plans that include ________ emphasize the attainment of organizational objectives through partnerships with foreign companies.

Accepted Answer

A)   joint ventures
B)   imports
C)   exports
D)   license agreements
E)   direct investingF) A) and E)
G) D) and E)

Question 2

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) All of the above
G) A) and B)

Question 3

International planning in the area of ________ emphasizes reaching organizational objectives through the purchase of the operating assets of another company in a foreign country.

Accepted Answer

A)   direct investing
B)   joint venture
C)   importing
D)   exporting
E)   license agreementsF) None of the above
G) A) and B)

Question 4

An international market agreement is ________.

Accepted Answer

A)   a joint venture between two companies who want to enter markets in the other country
B)   an arrangement among a cluster of countries that facilitates a high level of trade among these countries
C)   an international import deal between two countries
D)   an agreement between an importer from one country and an exporter from another
E)   an agreement between a multinational company and its franchisees in a number of countriesF) All of the above
G) None of the above

Question 5

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)   It's 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 U.S.F) All of the above
G) None of the above

Question 6

Transnational organizations usually take one particular continent as their business arena.

Accepted Answer

A) True 
 B)False

Question 7

In Greece, employees do not like to be in a situation they know nothing about. They like to be informed about every situation they are likely to face. It can be deduced that Greece is a society that has ________.

Accepted Answer

A)   feminine values
B)   long-term orientation
C)   low power distance
D)   high uncertainty avoidance
E)   high individualismF) D) and E)
G) A) and C)

Question 8

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) A) and B)
G) B) and E)

Question 9

International management is the performance of management activities across national borders.

Accepted Answer

A) True 
 B)False

Question 10

The host company is the company investing in international operations.

Accepted Answer

A) True 
 B)False

Question 11

The ________ function of management involves determining how an organization will achieve its objectives.

Accepted Answer

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

Question 12

Which of the following is true according to Hofstede's method of describing culture?

Accepted Answer

A)   Countries with low power distance tend to emphasize, expect, and accept more autocratic than democratic leadership.
B)   Highly feminine countries place a high worth on factors like competitiveness, assertiveness, success, and wealth.
C)   Power distance is the extent to which a society feels threatened by uncertain or unpredictable situations.
D)   Countries that are high in uncertainty avoidance prefer being in more defined and predictable situations.
E)   Countries with low uncertainty avoidance deemphasize short-run success to achieve long-run success.F) D) and E)
G) B) and E)

Question 13

________ organizations essentially operate within a single country.

Accepted Answer

A)   Multinational
B)   Transnational
C)   Global
D)   Domestic
E)   InternationalF) C) and D)
G) B) and C)

Question 14

Expatriates are organization members who live and work in a country in which they are not citizens.

Accepted Answer

A) True 
 B)False

Question 15

When a company provides an expatriate with information on how to survive the difficulties of adjusting to a new culture, the company is providing training in ________.

Accepted Answer

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

Question 16

________ 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)   Morals
E)   EthicsF) A) and B)
G) B) and D)

Question 17

Hugh is an American citizen currently living in Denmark. He works for a company that has its headquarters in France. He is a(n)  ________.

Accepted Answer

A)   third-country national
B)   host-country national
C)   home-country national
D)   dual citizen
E)   repatriateF) A) and E)
G) B) and C)

Question 18

Transnational organizations have the least international involvement of all types of organizations involved in the international arena.

Accepted Answer

A) True 
 B)False

Question 19

The different types of organizations in ascending order of the extent of involvement in the international arena are ________.

Accepted Answer

A)   domestic, international, multinational, transnational
B)   international, transnational, domestic, multinational
C)   multinational, domestic, transnational, global
D)   transnational, international, multinational, domestic
E)   domestic, multinational, transnational, internationalF) A) and C)
G) A) and E)

Question 20

The ________ organization transcends any single home country, with ownership, control, and management being from many different countries.

Accepted Answer

A)   pan-national
B)   transnational
C)   multinational
D)   international
E)   domesticF) B) and D)
G) C) and E)

Exam 5: Managing in the Global Arena

The different types of organizations in ascending order of the extent of involvement in the international arena are ________.

Correct AnswerverifiedShow Answer

Transnational organizations usually take one particular continent as their business arena.

Correct AnswerverifiedShow Answer

________ organizations essentially operate within a single country.

Correct AnswerverifiedShow Answer

The ________ function of management involves determining how an organization will achieve its objectives.

Correct AnswerverifiedShow Answer

Which of the following statements is true about NAFTA?

Correct AnswerverifiedShow Answer

________ 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

In Greece, employees do not like to be in a situation they know nothing about. They like to be informed about every situation they are likely to face. It can be deduced that Greece is a society that has ________.

Correct AnswerverifiedShow Answer

An international market agreement is ________.

Correct AnswerverifiedShow Answer

Transnational organizations have the least international involvement of all types of organizations involved in the international arena.

Correct AnswerverifiedShow Answer

International plans that include ________ emphasize the attainment of organizational objectives through partnerships with foreign companies.

Correct AnswerverifiedShow Answer

Which of the following is true according to Hofstede's method of describing culture?

Correct AnswerverifiedShow Answer

The host company is the company investing in international operations.

Correct AnswerverifiedShow Answer

International planning in the area of ________ emphasizes reaching organizational objectives through the purchase of the operating assets of another company in a foreign country.

Correct AnswerverifiedShow Answer

Hugh is an American citizen currently living in Denmark. He works for a company that has its headquarters in France. He is a(n) ________.

Correct AnswerverifiedShow Answer

When a company provides an expatriate with information on how to survive the difficulties of adjusting to a new culture, the company is providing training in ________.

Correct AnswerverifiedShow Answer

Expatriates are organization members who live and work in a country in which they are not citizens.

Correct AnswerverifiedShow Answer

The ________ organization transcends any single home country, with ownership, control, and management being from many different countries.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

International management is the performance of management activities across national borders.

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

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