FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 4: Managing in a Global Environment

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 41

Multiple Choice

Review LaterAdd Note

Review Later

A potential advantage of the polycentric attitude is ________.

A) greater support from host governments
B) tighter control of operations
C) increased efficiency
D) duplication of work

E) All of the above
F) A) and C)

Correct Answer

verified

Show Answer

Question 42

Multiple Choice

Review LaterAdd Note

Review Later

An ethnocentric attitude ________.

A) prompts managers to have a global view and look for the best approaches and people regardless of origin
B) is the belief that the home country has the best work approaches and practices
C) is the view that employees in the host country know the best work approaches and practices
D) gives a manager a much broader understanding of what it takes to manage in a global environment

E) C) and D)
F) B) and C)

Correct Answer

verified

Show Answer

Question 43

Multiple Choice

Review LaterAdd Note

McCain Foods of New Brunswick,Canada,is the world's largest producer of frozen french fries.They sell frozen food products in the U.S.,Britain,France,Germany,and more than 100 other countries around the world.For McCain Foods,________ is the home country,and ________ is a host country.

Jeff Elliott is on a flight across the Pacific and is excited about his first business trip to Asia. Born and raised in Alberta, Jeff is a manager for a rapidly growing Calgary-based company. His current mission is to scout out potential locations in Asia and develop an international expansion strategy for his company. There are many options, including maintaining the business's head office in Canada and sending over company representatives when necessary or developing a separate company in Asia and hiring locals to manage the business. Jeff's trip will take him to Japan, South Korea, Hong Kong, Taiwan, and China. He is looking forward to learning more about the business practices and customs of each country and is not too worried about the fact that he only speaks English. Jeff has heard that English is considered the main international business language, and he anticipates that most Asians will be able to speak it. -If Jeff's company decides to open a completely new operation in China,tailoring the company to local customs and marketing strategies and hiring local managers,they would be considered a ________.

According to the GLOBE rankings presented in our textbook,Germany,Spain,and France all rank low on which cultural dimension?

Which of the following international strategies involves the highest level of risk and investment?

Joint ventures are a type of ________.

The ________ decentralizes its management and other decisions to the local country.

A(n) ________ attitude is characterized by parochialism.

A joint venture is a specific type of ________.

A country that is assertive,believes in acquiring money and goods,and is competitive in nature is said to ________.

Transnational organizations are also known as ________.

McCain Foods of New Brunswick,Canada,is the world's largest producer of frozen french fries.They have manufacturing operations on six continents and employ more than 20,000 people worldwide.They hire the best people from around the globe and have a world-oriented business philosophy.McCain's global perspective is best described as ________.

Planned economies encourage free markets to induce domestic growth.

A potential advantage of the ethnocentric attitude is ________.

________ is a measure of the degree to which people rely on social norms and procedures to alleviate the unpredictability of future events.

A high uncertainty avoidance society is threatened by ambiguity and experiences high levels of anxiety.

Which international expansion strategy did McDonald's Canada use when it opened restaurants in Russia?

McDonald's Canada,GM Canada,and IBM Canada are all examples of U.S.________ operating in Canada.

Member countries of the EU have unanimously chosen to adopt the euro as their official currency.