Question 1

Marco is from the Mediterranean coast of Greece and Forough is from Iran. While visiting their grocery store, you notice that they are helping one customer find an item, another customer checkout, as well as mopping up a spill, and restocking a shelf How would you describe Marco and Forough's use of time?

Accepted Answer

A)   polychronic
B)   monochronic
C)   cultural
D)   interpersonal
E)   systematicF) C) and E)
G) A) and B)

Question 2

Free trade is the

Accepted Answer

A)   movement of customers between nations that do not have trade embargoes.
B)   policy of cost-free exchange of goods.
C)   bartering of goods or services locally or globally.
D)   bartering or sale of goods without taxes.
E)   movement of products between countries without political or economic obstruction.F) A) and B)
G) A) and E)

Question 3

________ is a trading bloc consisting of 28 trading partners in Europe.

Accepted Answer

A)   The WTO
B)   Mercosur
C)   The European Union
D)   The Eastern Union
E)   The Atlantic-Mediterranean UnionF) B) and D)
G) A) and E)

Question 4

When thinking about interpersonal space, which country has the smallest social distance in feet?

Accepted Answer

A)   Germany
B)   United States
C)   India
D)   Canada
E)   ChinaF) B) and E)
G) B) and D)

Question 5

Qatar earned the rank of first place in terms of gross domestic product because they

Accepted Answer

A)   ignored the rise of the global village.
B)   embraced the idea of many national markets.
C)   were the last country to openly trade, thereby learning from the others.
D)   took advantage of the world becoming one market.
E)   did not showcase themselves allowing them to rise without notice.F) B) and E)
G) A) and B)

Question 6

________ in a low-context culture.

Accepted Answer

A)   E-mail is a very popular method of communicating
B)   Citizens prefer to meet face-to-face rather than electronically
C)   Shared meanings are derived primarily from written and spoken words
D)   Meanings are derived primarily from situational cues
E)   Life moves at a very slow paceF) A) and D)
G) A) and C)

Question 7

Monochronic time is a

Accepted Answer

A)   preference for multitasking.
B)   desire to do as little as possible for a period of time.
C)   time for the open discussion of problems or challenges.
D)   time when little is accomplished.
E)   preference for doing one thing at a time.F) A) and D)
G) C) and D)

Question 8

Over the last two years, an American clothing manufacturer has partnered with a manufacturer in China to make clothes at a cheaper cost. How is this beneficial to both countries?

Accepted Answer

A)   It is a strategic alliance in which two countries share the risks and rewards of starting a new enterprise together in a foreign country.
B)   It is a wholly owned subsidiary in which a foreign subsidiary is totally owned and controlled by an organization.
C)   It is a greenfield venture in which owning the organization has been built from scratch.
D)   It is an example of a franchise in which a company allows a foreign company to pay it a fee and a share of the profit in return for using the first company's brand name and a package of materials and services.
E)   It is an example of countertrading in which the country is bartering for goods.F) A) and B)
G) A) and C)

Question 9

Pablo, a construction manager with employees working in Puerto Rico, is having a hard time with employee turnover. While speaking with his human resources manager, Avery, he says he does not understand why the workers come to work late, take longer lunches, and yet still punch out at five o'clock. He feels they should want to work to get the country back on its feet and do what it takes to get the job done. Based on this example, Pablo is most likely a(n)  ________ manager.

Accepted Answer

A)   geocentric
B)   ethnocentric
C)   innovative
D)   open-minded
E)   polycentricF) A) and B)
G) A) and C)

Question 10

Madeline wants to be the best manager. She knows what it means to manage her staff and she knows the right way to do it. She also wants to be cautious that she does not put herself in the position that it is her way or no way. What type of manager is Madeline aspiring to be?

Accepted Answer

A)   ethnocentric
B)   polycentric
C)   parochial
D)   geocentric
E)   synergisticF) B) and C)
G) C) and E)

Question 11

Kevin, a geologist from Arkansas who works for ExxonMobil, has decided to transfer to one of ExxonMobil's offices in Saudi Arabia. Kevin is a(n)  ________ while living in Saudi Arabia.

Accepted Answer

A)   globalist
B)   internationalist
C)   traitor
D)   expatriate
E)   migratorF) A) and C)
G) B) and D)

Question 12

Wendy's Truffles makes quality desserts and sells its products to customers in other countries. Wendy's Truffles is ________ its products.

Accepted Answer

A)   bartering
B)   countermarketing
C)   exporting
D)   dumping
E)   importingF) B) and D)
G) A) and E)

Question 13

Foster, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Foster 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

Accepted Answer

A)   take more time to start new endeavors.
B)   typically maneuver slowly with new ideas.
C)   can get started more easily and maneuver faster.
D)   tend not to change due to inexperienced management.
E)   can adjust more easily to capital shortages.F) None of the above
G) D) and E)

Question 14

You are a new manager in your company's office in Chile. Describe how you will plan for and run your first staff meeting.

Accepted Answer

As I prepare, I will consider the follow...

Question 15

The United States limits the amount of cheese purchased from other countries; this is a(n)  ________ policy.

Accepted Answer

A)   export quota
B)   import dump
C)   import quota
D)   trade embargo
E)   import tariffF) C) and D)
G) A) and B)

Question 16

A greenfield venture is a strategic alliance with individuals and organizations in developing nations; the venture's goals are to assist, educate, and share the risks and rewards of starting a new nonprofit organization in the developing country.

Accepted Answer

A) True 
 B)False

Question 17

The United States has utilized tariffs, import quotas, embargoes, and sanctions over the years. Explain why America has used these and give an example of each.

Accepted Answer

Countries often use these barriers as a ...

Question 18

During global culture training for a group of employees who are being transferred to Egypt, Charmaine, the HR training manager, remarked that "in the Arab world, men often hold hands, which is meant to express ________."

Accepted Answer

A)   the acceptance of a business deal
B)   solidarity and friendship
C)   the acceptance of a future son-in-law into the family
D)   friendship and collegiality
E)   personal dominanceF) D) and E)
G) A) and C)

Question 19

Globalization is the trend

Accepted Answer

A)   of the world economy becoming a less dependent system.
B)   of the world economy adding more independent markets.
C)   toward one world language and culture.
D)   of the world economy toward becoming a more interdependent system.
E)   toward one world economy and banking system.F) A) and B)
G) D) and E)

Question 20

Which of the following is true about the United States as a member of NAFTA?

Accepted Answer

A)   It has lost high-skilled jobs.
B)   It has gained employment in autos and aerospace.
C)   It is a member with Canada and China.
D)   It has signed an agreement that will last until 2025.
E)   It helped to form NAFTA in 2008.F) A) and B)
G) C) and D)

Exam 4: Global Management Managing Across Borders

A greenfield venture is a strategic alliance with individuals and organizations in developing nations; the venture's goals are to assist, educate, and share the risks and rewards of starting a new nonprofit organization in the developing country.

Correct Answer
verified

The United States has utilized tariffs, import quotas, embargoes, and sanctions over the years. Explain why America has used these and give an example of each.

Correct Answer
verified
Countries often use these barriers as a ...
View Answer

Free trade is the

Correct Answer
verified

Madeline wants to be the best manager. She knows what it means to manage her staff and she knows the right way to do it. She also wants to be cautious that she does not put herself in the position that it is her way or no way. What type of manager is Madeline aspiring to be?

Correct Answer
verified

________ is a trading bloc consisting of 28 trading partners in Europe.

Correct Answer
verified

Over the last two years, an American clothing manufacturer has partnered with a manufacturer in China to make clothes at a cheaper cost. How is this beneficial to both countries?

Correct Answer
verified

________ in a low-context culture.

Correct Answer
verified

Correct Answer
verified

During global culture training for a group of employees who are being transferred to Egypt, Charmaine, the HR training manager, remarked that "in the Arab world, men often hold hands, which is meant to express ________."

Correct Answer
verified

Kevin, a geologist from Arkansas who works for ExxonMobil, has decided to transfer to one of ExxonMobil's offices in Saudi Arabia. Kevin is a(n) ________ while living in Saudi Arabia.

Correct Answer
verified

Correct Answer
verified

You are a new manager in your company's office in Chile. Describe how you will plan for and run your first staff meeting.

Correct Answer
verified
As I prepare, I will consider the follow...
View Answer

When thinking about interpersonal space, which country has the smallest social distance in feet?

Correct Answer
verified

The United States limits the amount of cheese purchased from other countries; this is a(n) ________ policy.

Correct Answer
verified

Correct Answer
verified

Globalization is the trend

Correct Answer
verified

Wendy's Truffles makes quality desserts and sells its products to customers in other countries. Wendy's Truffles is ________ its products.

Correct Answer
verified

Monochronic time is a

Correct Answer
verified

Which of the following is true about the United States as a member of NAFTA?

Correct Answer
verified

Qatar earned the rank of first place in terms of gross domestic product because they

Correct Answer
verified

Exam 4: Global Management Managing Across Borders

A greenfield venture is a strategic alliance with individuals and organizations in developing nations; the venture's goals are to assist, educate, and share the risks and rewards of starting a new nonprofit organization in the developing country.

Correct AnswerverifiedShow Answer

The United States has utilized tariffs, import quotas, embargoes, and sanctions over the years. Explain why America has used these and give an example of each.

Correct AnswerverifiedCountries often use these barriers as a ...View AnswerShow Answer

Free trade is the

Correct AnswerverifiedShow Answer

Madeline wants to be the best manager. She knows what it means to manage her staff and she knows the right way to do it. She also wants to be cautious that she does not put herself in the position that it is her way or no way. What type of manager is Madeline aspiring to be?

Correct AnswerverifiedShow Answer

________ is a trading bloc consisting of 28 trading partners in Europe.

Correct AnswerverifiedShow Answer

Over the last two years, an American clothing manufacturer has partnered with a manufacturer in China to make clothes at a cheaper cost. How is this beneficial to both countries?

Correct AnswerverifiedShow Answer

________ in a low-context culture.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

During global culture training for a group of employees who are being transferred to Egypt, Charmaine, the HR training manager, remarked that "in the Arab world, men often hold hands, which is meant to express ________."

Correct AnswerverifiedShow Answer

Kevin, a geologist from Arkansas who works for ExxonMobil, has decided to transfer to one of ExxonMobil's offices in Saudi Arabia. Kevin is a(n) ________ while living in Saudi Arabia.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

You are a new manager in your company's office in Chile. Describe how you will plan for and run your first staff meeting.

Correct AnswerverifiedAs I prepare, I will consider the follow...View AnswerShow Answer

When thinking about interpersonal space, which country has the smallest social distance in feet?

Correct AnswerverifiedShow Answer

The United States limits the amount of cheese purchased from other countries; this is a(n) ________ policy.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Globalization is the trend

Correct AnswerverifiedShow Answer

Wendy's Truffles makes quality desserts and sells its products to customers in other countries. Wendy's Truffles is ________ its products.

Correct AnswerverifiedShow Answer

Monochronic time is a

Correct AnswerverifiedShow Answer

Which of the following is true about the United States as a member of NAFTA?

Correct AnswerverifiedShow Answer

Qatar earned the rank of first place in terms of gross domestic product because they

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
Countries often use these barriers as a ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
As I prepare, I will consider the follow...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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Correct Answer
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