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A form of exporting to less-developed countries is called

A form of exporting to less-developed countries is called

Question
A form of exporting to less-developed countries is called

Answer

licensing.

franchising.

greenfield venture.

joint venture.

countertrade.

Question 2

According to Spotlight on Skills in Chapter 3, one of the most universal gestures is:

Answer

Arm up, shaking back and forth (waving)

Scratching your chin (thinking)

A smile (happiness or politeness)

Closing your eyes (boredom)

A pat on the back (congratulations)

Question 3

For the past several years, foreign companies have invested more in business in ________ than in any other place in the world.

Answer

Brazil

India

China

United States

Russia

Question 4

Which of these reflects a cultural preference for cooperation, group decision making, and quality of life?

Answer

Individualism

Collectivism

Masculinity

Femininity

Power distance

Question 5

All of the following are considered emerging economies EXCEPT:

Answer

Brazil

Russia

India

China

Canada

Question 6

Exporting, licensing, and direct investing are called __________ strategies because they represent alternative ways to sell products and services in foreign markets.

Answer

globalized

expansion

retrenchment

market entry

concentrated business

Question 7

Which of the following refers to the frustration and anxiety that result from constantly being subjected to strange and unfamiliar cues about what to do and how to do it?

Answer

Societal chaos

Civilization distress

Culture confusion

Societal disorder

Culture shock

Question 8

Countries whose social values reflect low power distance

Answer

are highly democratic.

accept inequality in power among institutions, organizations, and people.

expect equality in power.

avoid uncertainty.

none of these.

Question 9

In 2010, which of the following countries formed a free trade area with the ten countries that make up the Association of Southeast Asian Nations (ASEAN)?

Answer

Laos

United States

Mexico

China

Japan

Question 10

The European Union has expanded to a ____-nation alliance.

Answer

14

12

27

16

21

Question 11

Kim, a Japanese expatriate working in Denmark, tends to use communication primarily to build personal social relationships. She feels that relationships and trust are more important than business. Kim is surprised that her business associates in Denmark do not share the same views. Based on this information, Kim most likely grew up in what type of culture?

Answer

Human-oriented

Passive

Assertive

Low-context

High-context

Question 12

Which of the following is an entry strategy in which the organization maintains its production facilities within its home country and transfers its products for sale in foreign markets?

Answer

Franchising

Licensing

Exporting

Greenfield venture

Joint venture

Question 13

The president of Pepsi Company is the keynote speaker at a retirement dinner for a long time bottler. This is an example of which of the following roles?

Answer

Liaison role

Figurehead role

Negotiator role

Leader role

Monitor role

Question 14

Max Weber felt selection of employees should be based on:

Answer

education

competence

connections

political skills

efficient systems

Question 15

What is the role of the negotiator?

Answer

The negotiator role involves formal negotiations and bargaining to attain outcomes for the manager’s unit of responsibility.

The negotiator role involves seeking current information from many sources.

The negotiator role involves the initiation of change.

The negotiator role involves resolving conflicts among subordinates or between the manager’s department and other departments.

The negotiator role pertains to the development of information sources both inside and outside the organization.

Question 16

Being a successful manager means thinking in terms of all of the following, except:

Answer

building teams.

generating the most profit.

becoming a motivator.

becoming an organizer.

establishing networks.

Question 17

The bureaucratic organizations approach is a subfield within the ____.

Answer

classical perspective

systems theory

scientific management

learning organization

management science view

Question 18

The ____ role involves resolving conflicts among subordinates between the managers department and other departments.

Answer

resource allocator

entrepreneur

negotiator

liaison

disturbance handler

Question 19

In ____ every situation is viewed as unique.

Answer

a universalist view

a TQM view

a case view

a scientific management view

None of these.

Question 20

Which of the following uses the latest information technology to keep in close touch with customers and to collect and manage large amounts of customer data?

Answer

Supply chain management

Learing organizations

Scientific management

Customer relationship management

The humanistic approach

Question 21

Conceptual, human, and technical skills are important to which managerial level?

Answer

Top managers

Middle managers

First-line managers

Non managers

All of these

Question 22

An innovation mindset that strives to meet customers’ immediate needs quickly and inexpensively is referred to as:

Answer

Kaizen

Just-in-time control

Total quality management

Jugaad

XY Theory

Question 23

A social entity that is goal directed and deliberately structured is referred to as a(n)

Answer

organization.

management.

employee.

student.

task.

Question 24

Which of these forces comprises unwritten, common rules and perceptions about relationships?

Answer

Economic

Political

Social

Legal

Personal

uestion 25

Which of the following dimensions of the general environment includes all elements that occur naturally on earth?

Answer

Sociocultural dimension

Technological dimension

Economic dimension

Natural dimension

Environmental dimension

Question 26

When Miami Herald launches a Spanish-language newspaper, El Nuevo Herald, with articles emphasizing Hispanic, Cuban, and Latin American news and sports, it is responding to changes in ____ environment.

Answer

sociocultural

technological

economic

competitors

suppliers

Question 27

The general environment dimension that includes consumer purchasing power, the unemployment rate, and interest rates is called the

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