Chapter 4-6 Management Review

_____ is the trend of the world economy toward becoming a more interdependent system.

• globalization
• e-commerce
• Multinational Corporation
• Parochialism

Ethnocentrism is also know as what?

• polycentiricism
• parochialism
• geocentricism
• maquiladora

Which type of manager believes that their native country, culture, language, and behavior are superior to all others.

• Ethnocentic managers
• Polycentric managers
• Geocentric managers

Which type of manager takes the view that native managers in the foreign offices best understand native personnel and practices, and so the home office should leave them alone?

• Ethnocentric Managers
• Polycentric managers
• Geocentric managers

Which type of manager accepts that there are differences and similarities between home and foreign personnel and practices and that they should use whatever techniques are most effective? 

• Ethnocentric Managers
• Polycentric Managers
• Geocentric Managers

______ are manufacturing plants allowed to operate in Mexico with special privileges in return for employing Mexican citizens. 

• Countertrading
• Trade protectionisms
• tariffs
• maquiladoras

Bartering goods for goods is called ______

• exporting
• importing
• outsourcing
• countertrading

______, also known as a strategic alliance, is when a US firm works with a foreign company to share risks and rewards of starting a new enterprise together in a foreign country. 

• Subsidiary
• Joint Venture
• Franchise
• Licensing

___ is the movement of goods and services among nations without political or economic obstruction. 

• tariff
• free trade
• Quota
• embargo

Which of the following is a trade barrier?

• tariff
• embargo
• import quota
• all of these are trade barriers