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70 Cards in this Set
- Front
- Back
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Antiglobalization activists
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Assert that if corporations are free to locate anywhere in the world, the world's poorest countries will relax or eliminate environmental standards and social services in order to attract first-world investment and the jobs and wealth that come with it
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Agreements like NAFTA and CAFTA
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Not only reduce barriers to trade but also require additional domestic legal and business reforms in developing nations to protect property rights
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The four other widely recognized powerhouses in Asia, in addition to Japan and China are:
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South Korea, Hong Kong, Singapore and Taiwan
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In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America
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Mexico
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A major development in South America is:
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The growth of inter-country trade, spurred on by the progress toward free-market policies
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A _____ exists when private enterprise reserves the right to own property and monitor the production and distribution of goods and services while the state simply supports competition and efficient practices.
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Market economy
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Identify the statement that is false of globalization
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It is the process of a business crossing national and cultural borders
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According to the projections for 2007, which of the following countries has the best commercial infrastructure?
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Taiwan
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The term "maquiladora" is used to describe a specific kind of _____ industry.
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Mexican
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Which of the following statements is false with regard to a mixed economy?
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Businesses in this model are owned by the state to ensure that investments and practices are done in the best interest of the nation despite the often opposing outcomes
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Identify the option that would constitute white-collar service industries
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Insurance and banks
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The _____ principle holds that every nation has the right of jurisdiction within its legal territory.
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Territoriality
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Japanese companies are aware that their dependency on the world market for many goods and services is negatively impacted by _____, resulting in local consumers paying the price.
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Bureaucratization
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U.S. laws require equality in the workplace for all employees, U.S. citizens who take a job in Japan cannot sue their Japanese employer under the provisions of U.S. law for failure to provide equal opportunity for them. This is in line with the:
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Principle of sovereignty
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MNCs are unwilling to put up high investments unless they are assured of:
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Operating control on their investment in telecommunications
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One analysis, cited in the text, reported that since the passage of the Foreign Corrupt Practices act, U.S. exports to "bribe prone" countries:
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Increased
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The Hong Kong office of Salomon Brothers, a U.S. investment bank, estimates that to meet the expanding demand for telecommunication service in Asia, companies will need:
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Considerable increase in investment
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Governmental power in a democracy is limited by:
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The accountability of the elected representatives to the general public
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_____ law comes from the Marxist socialist system and continues to influence regulations in former communist countries, especially those from the former Soviet Union, as well as present-day China, Vietnam, North Korea and Cuba.
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Socialist
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According to the text, _____ relations are the cornerstone of a united Europe.
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Franco-German
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"Crony capitalism" describes business practices in countries with:
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Weak, concentrated corporate governance
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The elimination of discrimination with respect to employment and occupation is a principle of the Global Compact which applies to:
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Labor
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All of the following statements about ethics are true except:
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It is not related to the area of corporate social responsibility
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One of the major reasons why _____ remains a problem in Japan is that traditionally many male managers regard female employees as mere assistants and, following a stereotype, feel that women employees will soon marry and leave the firm.
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Sexual harassment
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According to the latest corruption index of countries around the world specified in the text, the least corrupt country is
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Finland
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All of the following result from unabated and continuous economic growth except:
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Realizing that consumer needs extend only to simple goods and services
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Corporate governance:
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Can be defined as the system by which business corporations are directed and controlled
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According to a recent international poll, which of the following types of leaders are most trusted?
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NGO Leaders
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All of the following statements are accurate with regard to the status of women in the French workplace except:
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As a result of strong efforts to gain equality, French women are no longer underrepresented in the workplace
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Some major ethical challenges facing MNCs in China include the following except:
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Financial exchange
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_____ are basic convictions that people have regarding what is right and wrong, good and bad, important or unimportant.
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Values
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Even though there are distinctions among organization cultures, research shows that managers from different countries often have:
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Value similarities
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Cultures with a low masculinity place great importance on conservation of the environment and tend to favor:
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Small-scale enterprises
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_____ is the belief that ideas and practices can be applied everywhere in the world without modification.
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Universalism
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Paternalism, measured by a manager's involvement in both personal and off-the-job problems of subordinates is very important in:
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Japan
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Culturally, a German can be expected to have a _____ handshake.
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Brusk and firm
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Societal collectivism refers to the degree to which:
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Organizational and societal institutional practices encourage and reward collective distribution of resources and collective action
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According to Dutch researcher Geert Hofstede, there are four dimensions of culture. These are:
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Power distance, uncertainty avoidance, individualism and masculinity
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According to a study conducted by England and Lee, all of the following are accurate descriptions of the similarities in cultural values across nations except:
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There is a relatively weak relationship between the level of success achieved by managers and their personal values
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Buildings and art are considered to be the _____ of a culture.
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Explicit artifacts and product
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Which of the following is likely to be the strategic predisposition of a company that has a ‘top-down’ system of governance?
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Ethnocentric
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In regard to the cultural dimension, "What is the person's relationship to other people?" the dominant characteristic for American managers is:
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Individualist
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Which of the following correctly matches a firm's predisposition with its strategy?
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Polycentric - national responsiveness
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In _____, one's social class is very important and these classes include the aristocracy, the upper bourgeoisie, the upper-middle bourgeoisie, the middle, the lower middle and the lower.
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France
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An important cultural contrast between Arabs and Americans is that of emotion and logic. Arabs often act based on _____; in contrast, those in an Anglo culture are taught to act on _____.
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Emotion; logic
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A company with a(n) _____ predisposition allows the values and interests of the parent company to guide the strategic decisions.
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Ethnocentric
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The United States has what is called a _____.
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Low-context culture
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_____ like exclusive arrangements and often negotiate with just one firm at a time.
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Russians
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Which of the following does not
pertain to similarities in managerial activities in the United States and Korea? |
As organizational size increased, commitment proportionally increased
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Which of the following selections accurately reflects labor relations in Germany?
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Be prepared for high wages and short work week; expect high productivity from unionized workers
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Norms are reflected by things such as:
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The amount of work to be done
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When individuals join a multinational corporation they bring their national culture, which greatly affects all the following except:
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Ethnicity
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The following are the steps outlined by Numeroff and Abrahams used during mergers and acquisitions except:
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Developing mechanisms to identify the least important organizational structures and management roles
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_____ cultures often create environments where participants thrive in an intense, emotional commitment to the nature of the work.
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Incubator
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‘Dirigiste’ is used to describe the _____ dimension.
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Economics
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Which of the following describes the "attitude toward authority" in an Eiffel Tower corporate culture?
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Status is ascribed to superior roles that are distant yet powerful
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In the _____ stage of group development, the focus should be on building trust and developing team cohesion.
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Entry
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_____ culture is characterized by a strong emphasis on equality in the workplace and orientation to the task.
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Guided missile
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Which of the following shows the identity dimension of corporate culture?
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To identify with and uphold the expectations of the employing organizations
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Global firms need:
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Both an internal and an external diversity focus
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Office layout is a good example of:
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Proxemics
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In contrast to the contextual style, the personal style is more popular in:
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Low-power distance, individualistic, low-context cultures
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Many multinational corporations prescribe _____ as the common language for international communication.
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English
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Which of the following countries resort to a documented, step-by-step method of information exchange using the multimedia during negotiations?
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The United States
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The final step in the negotiation process is:
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The agreement phase
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Integrative negotiation:
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Correct Involves cooperation between groups to integrate interests, create value and invest in the agreement
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In terms of communication styles, which of the following countries has a low-context society?
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Correct The United States
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_____ is the information that surrounds a communication and helps covey the message.
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Context
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This communication style is most common in Asia where people tend to say few words and allow understatements, pauses and silence to convey meaning.
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Succinct
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The transmission of information from manager to subordinate is referred to as:
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Downward communication
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