Question 1

Calabria Steel has subsidiaries in each country in which it does business. As the parent company, Calabria has located its core skills in technology and R&D overseas so that each subsidiary remains dependent on it for new products, processes, and ideas. This illustrates the __________ model for global strategy.

Accepted Answer

A)   international
B)   multinational
C)   global
D)   transnational
E)   intranationalF) B) and E)
G) D) and E)

Question 2

Companies that decentralize their operations throughout the globe in order to appeal to the varying tastes and preferences of global consumers are utilizing a ___________ model.

Accepted Answer

A)   domestic
B)   international
C)   multinational
D)   transnational
E)   globalF) C) and E)
G) A) and E)

Question 3

Alfredo experienced employees exhibiting Hofstede's cultural dimension of

Accepted Answer

A)   High power distance.
B)   Low power distance.
C)   Individualism.
D)   Collectivism.
E)   High uncertainty avoidance.F) B) and C)
G) A) and E)

Question 4

Which of the following is a global strategy used as an approach to international competition?

Accepted Answer

A)   International model.
B)   Multinational model.
C)   Global model.
D)   Transnational model.
E)   All of these are global strategies.F) D) and E)
G) C) and D)

Question 5

Exporting is

Accepted Answer

A)   A common entry strategy for global expansion.
B)   Manufacturing a product in several international locations for consumers in those global markets.
C)   Inconsistent with a pure global strategy.
D)   Expensive.
E)   Not able to achieve scale economies.F) A) and C)
G) A) and D)

Question 6

The Maastricht Treaty formally established the trade area in North America.

Accepted Answer

A) True 
 B)False

Question 7

Bernie had employees who would best be described as exhibiting Hofstede's dimension of

Accepted Answer

A)   High power distance.
B)   Masculinity.
C)   Individualism.
D)   Collectivism.
E)   High uncertainty avoidance.F) A) and E)
G) A) and C)

Question 8

The disorientation and stress associated with being in a foreign environment is termed

Accepted Answer

A)   International mores.
B)   Homesickness.
C)   Culture shock.
D)   Out-of-country experience.
E)   Uncertainty distance.F) B) and C)
G) D) and E)

Question 9

NAFTA combined the economies of

Accepted Answer

A)   The United States, Canada, and Mexico.
B)   Canada, Mexico, and South America.
C)   South America, the United States, and Central America.
D)   Latin America, the Pacific Rim, and the European Union.
E)   The United States, the European Union, and Canada.F) B) and D)
G) A) and B)

Question 10

When pressures for local responsiveness are high and pressures for global integration are low, the global model is appropriate.

Accepted Answer

A) True 
 B)False

Question 11

________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

Accepted Answer

A)   International development
B)   Outsourcing
C)   Offshoring
D)   Expatriation
E)   FranchisingF) A) and E)
G) A) and B)

Question 12

Candace Apparel, a women's clothing manufacturer, assumes that people all over the world will view and use its products in the same way. Therefore it produces standardized versions of its apparel in several countries with attractive labor rates, and offers them to all of its international markets. Candace Apparel uses the __________ model of global strategy.

Accepted Answer

A)   international
B)   multinational
C)   global
D)   transnational
E)   intranational modelF) A) and E)
G) None of the above

Question 13

Japan is the most important trading partner of the United States based on the value of imports and exports between the two countries.

Accepted Answer

A) True 
 B)False

Question 14

Companies that adopt the global model tend to be those pursuing a cost focus as a competitive strategy.

Accepted Answer

A) True 
 B)False

Question 15

New York Times columnist Thomas Friedman wrote a best-selling book called "The Global Economy Is Flat."

Accepted Answer

A) True 
 B)False

Question 16

Marielle has just been offered her first expatriate experience, an assignment in Germany. Before she accepts, her employer should

Accepted Answer

A)   Seek advice from locals and the expatriate network on her behalf.
B)   Provide cultural training.
C)   Clarify home country rules and how to apply them abroad.
D)   Encourage her to perform self- and family evaluation.
E)   Reinforce dual identification.F) B) and C)
G) A) and E)

Question 17

Answering yes to which of the following questions should be considered by managers as a reason to offshore?

Accepted Answer

A)   Is cost the competitive advantage of the organization's products?
B)   Is the business in its early stages?
C)   Can production savings be achieved locally?
D)   Can the efficiency of the supply chain be improved?
E)   Answering yes to any or all of these would be considered by managers as reason to offshore.F) A) and B)
G) D) and E)

Question 18

When there are differences among countries in traditional practices such as driving, pressures for local responsiveness emerge.

Accepted Answer

A) True 
 B)False

Question 19

Which of the following companies is an example of a transnational company?

Accepted Answer

A)   Sony.
B)   IBM.
C)   Coca Cola.
D)   Caterpillar.
E)   Unilever.F) C) and D)
G) B) and E)

Question 20

________ occurs when companies move jobs to another country, typically where wages are lower.

Accepted Answer

A)   International development
B)   Outsourcing
C)   Offshoring
D)   Expatriation
E)   FranchisingF) A) and E)
G) C) and E)

Exam 6: International Management

Companies that adopt the global model tend to be those pursuing a cost focus as a competitive strategy.

Correct Answer
verified

Which of the following is a global strategy used as an approach to international competition?

Correct Answer
verified

New York Times columnist Thomas Friedman wrote a best-selling book called "The Global Economy Is Flat."

Correct Answer
verified

________ occurs when companies move jobs to another country, typically where wages are lower.

Correct Answer
verified

Correct Answer
verified

Companies that decentralize their operations throughout the globe in order to appeal to the varying tastes and preferences of global consumers are utilizing a ___________ model.

Correct Answer
verified

NAFTA combined the economies of

Correct Answer
verified

Alfredo experienced employees exhibiting Hofstede's cultural dimension of

Correct Answer
verified

The Maastricht Treaty formally established the trade area in North America.

Correct Answer
verified

Exporting is

Correct Answer
verified

________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

Correct Answer
verified

When pressures for local responsiveness are high and pressures for global integration are low, the global model is appropriate.

Correct Answer
verified

Japan is the most important trading partner of the United States based on the value of imports and exports between the two countries.

Correct Answer
verified

Which of the following companies is an example of a transnational company?

Correct Answer
verified

The disorientation and stress associated with being in a foreign environment is termed

Correct Answer
verified

When there are differences among countries in traditional practices such as driving, pressures for local responsiveness emerge.

Correct Answer
verified

Answering yes to which of the following questions should be considered by managers as a reason to offshore?

Correct Answer
verified

Marielle has just been offered her first expatriate experience, an assignment in Germany. Before she accepts, her employer should

Correct Answer
verified

Correct Answer
verified

Bernie had employees who would best be described as exhibiting Hofstede's dimension of

Correct Answer
verified

Exam 6: International Management

Companies that adopt the global model tend to be those pursuing a cost focus as a competitive strategy.

Correct AnswerverifiedShow Answer

Which of the following is a global strategy used as an approach to international competition?

Correct AnswerverifiedShow Answer

New York Times columnist Thomas Friedman wrote a best-selling book called "The Global Economy Is Flat."

Correct AnswerverifiedShow Answer

________ occurs when companies move jobs to another country, typically where wages are lower.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Companies that decentralize their operations throughout the globe in order to appeal to the varying tastes and preferences of global consumers are utilizing a ___________ model.

Correct AnswerverifiedShow Answer

NAFTA combined the economies of

Correct AnswerverifiedShow Answer

Alfredo experienced employees exhibiting Hofstede's cultural dimension of

Correct AnswerverifiedShow Answer

The Maastricht Treaty formally established the trade area in North America.

Correct AnswerverifiedShow Answer

Exporting is

Correct AnswerverifiedShow Answer

________ occurs when the organization contracts with an outside provider to produce one or more of an organization's products or services.

Correct AnswerverifiedShow Answer

When pressures for local responsiveness are high and pressures for global integration are low, the global model is appropriate.

Correct AnswerverifiedShow Answer

Japan is the most important trading partner of the United States based on the value of imports and exports between the two countries.

Correct AnswerverifiedShow Answer

Which of the following companies is an example of a transnational company?

Correct AnswerverifiedShow Answer

The disorientation and stress associated with being in a foreign environment is termed

Correct AnswerverifiedShow Answer

When there are differences among countries in traditional practices such as driving, pressures for local responsiveness emerge.

Correct AnswerverifiedShow Answer

Answering yes to which of the following questions should be considered by managers as a reason to offshore?

Correct AnswerverifiedShow Answer

Marielle has just been offered her first expatriate experience, an assignment in Germany. Before she accepts, her employer should

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Bernie had employees who would best be described as exhibiting Hofstede's dimension of

Correct AnswerverifiedShow 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

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