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Exam 4: Managing in a Global Environment

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Question 41

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A country's physical facilities that support economic activities make up its _____.

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Question 42

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All of the following are considered emerging economies EXCEPT _____.

A) Brazil
B) Russia
C) India
D) China
E) Canada

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Question 43

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Today's companies compete in a _____.

The goal of the European Union is to create a powerful single market system for Europe's millions of consumers.

Market risk is defined as the risk of loss of assets, earning power, or managerial control due to politically based events or actions by host governments.

_____ is the management of business operations conducted in more than one country.

Jana has a high tolerance for the unstructured, the unclear, and the unpredictable. She can best be described as having:

As a first step into international business, which two countries are most companies going to today?

One of Hofstede's social values that was developed later is:

All of the following are cultural dimensions as defined by the GLOBE Project, except _____.

A value characterized by people's intolerance for unpredictability and ambiguity and resulting support for beliefs that promise certainty and conformity refers to _____.

Which of the following is NOT a legal-political factor in the international environment?

German, Swiss, and North American cultures are among the high-context cultures.

_____ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.

Recent research by the GLOBE project has extended _____ research and offered new insights for managers.

An alliance begun in 1957 to improve economic and social conditions among its members, it has evolved into the 27-nation _____.

The risk of loss due to actions by host country governments is known as _____.

A country that places emphasis on fairness and values kindness would be described by the Globe Project as high in _____.

The extent to which trade and investments, information, social and cultural ideas, and political cooperation flow between countries is called _____.

One advantage to acquiring a wholly owned foreign affiliate is that the company that acquires it would then have complete control.