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Exam 4: Global Management: Managing Across Borders

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Question 41

Multiple Choice

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ASEAN is a(n)

A) trading bloc consisting of 10 countries in Asia.
B) association of American and Southeast Asian nations.
C) trading bloc consisting of 10 countries along the Atlantic Ocean.
D) worldwide banking association.
E) union of global nations that strives to bring world peace.

F) A) and B)
G) A) and C)

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Question 42

Multiple Choice

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Using ________,Don's Carpet installed carpet at no cost for City Office Supply,in exchange for $1,000 of office supplies.

A) outsourcing
B) sourcing
C) inputting
D) countertrading
E) importing

F) A) and C)
G) A) and E)

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Question 43

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Two managers from an Electronics Mart were talking to Ty,their district manager,about Harriet,the unpopular store manager.Susan,the assistant manager,said,"I believe I speak for other managers and employees when I say that Harriet acts like she knows it all.We all feel that Harriet does not listen to any of us because she always thinks her way is right and does not want to consider any other opinion." Harriet is an example of a geocentric or parochial manager.

A nation's culture is

Anthony,who owns a broom and mop factory in New Mexico,has decided to use global outsourcing,and he is considering utilizing maquiladoras.Describe global outsourcing and maquiladoras,as well as their benefits and drawbacks for Anthony's company.

George owns an international grocery store in New Jersey,the Global Food Bazaar.He has benefited highly from the trading bloc that allows him to purchase food products from Central American nations at a nice discount.With many of his customers from Costa Rica,the Dominican Republic and Guatemala,he is particularly grateful for ______,a trading bloc.

The GLOBE project is an ongoing cross-cultural investigation of nine cultural dimensions involved in ___ processes.

Tom and his fiancée Susan decided to have their wedding on a beach in Acapulco,Mexico.Local businesses provided most of the services for the wedding,such as the limousine and the catering services.Throughout the weekend of the wedding,the couple found that workers and limos arrived late;so did the priest who was performing the wedding.In response to the couple's frustration,the Mexican workers remarked,"Ustedes tienen que ser flexibles," which in English means "You have to be flexible with time." This attitude regarding time is

Discuss the purpose of each of these organizations: the World Trade Organization,World Bank,and International Monetary Fund.

Tom,who owns a successful business with two locations and a few international clients,was approached by a large organization about dramatically expanding his company.Tom later told his wife that he is happy with his success,but he wants to stay small because if he decides to add new products,small companies

Quality Air,a company that builds airplanes,typically orders parts for its airplanes from other companies._______ is the practice Quality Air is using.

The World Bank

Joe,who is from Michigan,is transferring to the Paris office.As one who has studied the effects of globalization on business,Joe understands that it crucial to

Describe NAFT

This question has two parts;be sure to answer both.First,describe the five benefits for companies of expanding internationally.Second,imagine that you are the CEO of REDO,a highly successful company that remodels and redecorates houses in the United States.The company also manufactures its own line of furniture,draperies,and home furnishings.Give an example of at least one way REDO might take advantage of each of these benefits.

Prior to 1990,the United States imposed a tax,known as a(n) ________,on automobiles imported from Mexico.

This question has two parts;be sure to answer both.

Hannah,an engineer for an oil company,is interested in working overseas at this stage of her life because she knows that foreign work experience demonstrates ____ to potential employers.

At one time,the United States used a(n) ________ to prohibit the import of all products made in Cuba.

Philippe is from the Mediterranean coast of Greece and Sasha is from Iran.In their grocery store,this married couple is accustomed to focusing on one task at a time rather than multitasking.Philippe and Sasha work on a system of polychronic time.