BA 351 HW CHP 3

One result of globalization is that countries, businesses, and people become more interdependent. True or False

Vladimir is a manager at an automotive plant in the United States. His company has realized it needs to think globally since the whole world is a source of business and has struck a deal with an automotive supplier in Brazil to buy 15% of their parts at a discounted rate as this will better serve the company's needs. His company has also determined that they can streamline their processes if they outsource some work. Relate what Vladimir's company is demonstrating. Globalization International reorganization Political cooperation Corporate culture

Developing a global mindset requires managers to possess all these traits except: nonjudgmental. partial in their point of view. able to deal with complexities. open-minded. able to deal with ambiguities.

Benjamin has accepted a management position overseas in Japan. He is excited about this opportunity and has been learning about the Japanese culture and the complexities of how his current environment will change. Recently he has returned from a trip to Japan where he met several new people whom he now considers friends. Distinguish how Benjamin is using the global mindset. He is using the cognitive and psychological dimensions. He is using the cognitive and social dimensions. He is using the psychological and informational dimensions. He is using the psychological and social dimensions.

Brazil has had slow economic growth over the last few years, but is still one of the fastest-growing emerging economies in the world. True False

Lenovo, the world's largest PC maker, is redefining the meaning of a Chinese company. They are blending the best of Eastern philosophy and culture with the best of Western business and management thinking. Lenovo's top managers now come from 14 different nations. Analyze how Shaheed's software company in India can reflect the same refinements that Lenovo is making in the changing international landscape. He can utilize the country's large Spanish speaking population in customer service. Indian culture is focused on building relationships, so he can utilize this before focusing on business contracts. He can employ people from non-Indian cultures to bring different perspectives to his company. Because India has a young population, his company can design software that would appeal to the majority. SubmitPreviousNext

A primary concern that Americans have about globalization is that: they dislike the number of domestic jobs that have been offshored to other countries. they don't want to pay higher prices for foreign-made goods. they want companies in all countries to earn equal profits. they don't want U.S. companies to have entry into expanded markets.

Nestlé SA gets most of its sales from outside its "home" country of Switzerland. Its 280,000 employees are spread all over the world and more than half of the company's managers are non-Swiss. Nestlé has hundreds of brands and production facilities or other operations in almost every country in the world. Decide how Raquel's food distribution company, which has not yet branched out internationally, can follow Nestlé's example. They can become a polycentric company and market to individual foreign host countries. They can become an ethnocentric company and emphasize their home country. They can become a geocentric company and primarily market to bottom of the pyramid (BOP). They can become a geocentric company and favor no specific country.

What type of business arrangement can be the easiest and most cost-effective way for a company to enter the international arena? Direct investing Franchising Outsourcing Exporting

Oliver's doctor in Nevada has decided to run several tests on him. The test results are then sent to India to be read by a doctor there because it costs less to analyze them in India. Isabelle has decided to go into business for herself and has been able to purchase a complete package of materials and services including managerial advice. Differentiate the market entry strategies that Oliver and Isabelle are both benefiting from. Oliver is using franchising, and Isabelle is using offshoring. Isabelle is using franchising, and Oliver is using offshoring. Isabelle is using direct investing, and Oliver is using franchising. Oliver is using offshoring, and Isabelle is using exporting.

When a U.S. company risks the loss of its assets in a foreign country due to actions by the host government in that country, this is called: outsourcing risk. legal risk. political risk. domestic risk.

Bangladesh native Iqbal Quadir realized that connectivity equals productivity. He also knew his impoverished homeland was one of the least connected places on Earth. He collaborated with a fellow countryman to create Village Phone, which allows entrepreneurs (mostly women) to obtain microloans to purchase cell phones. This venture has resulted in thousands of new small businesses and improved communication. Decide what Iqbal is demonstrating with the invention of Village Phone. The infrastructure is making economic development possible. That Village Phone users can show their individualism or uniqueness. Short-term orientation along with individualism is being demonstrated. That following laws and regulations in various countries is politically important. SubmitPreviousNext

In a __________, people use communication primarily to exchange facts and information. high-context culture long-term orientation short-term orientation low-context culture

Jiyaing is an HR manager at a research firm in China, and her company has decided to open a branch in the United States. Jiyaing has been assigned to assist the HR department in the new branch as they become familiar with the company's policies. Jiyaing would like to spend a little time getting acquainted with the people in the new branch while she's working with them, but they mainly want information that pertains to the company. Identify what type of cultural intelligence Jiyaing needs to cultivate. Jiyaing needs to develop individualism. Jiyaing needs to develop low-context culture. Jiyaing needs to develop assertiveness. Jiyaing needs to develop high-context culture.

NAFTA is a trade agreement between Canada, the United States, and Mexico. Which of the following is not one of the intended outcomes of this agreement? Economic growth in all three countries Higher unemployment in the United States An increase in exports between the countries Lower tariffs between the countries

Raoul owns a dry goods store in Germany and is part of the European Union (EU) that uses the euro as currency. His business had steadily grown due in large part to the ability to easily export his products to other countries until the global recession began. Everything that he exports is now heavily taxed, which has caused him to have to lay off a number of employees. In the event that the EU returns to using national currencies, what are some things that Raoul could do to prepare? He can develop high uncertainty avoidance and realize he needs a flexible view. He can cultivate a high-context culture to easily exchange facts and information. He can consider how to expand his company and how he would pay employees. He can develop long-term orientation to ensure he meets his current obligations.