The advantages of operating globally include ________.

American business students may be at a disadvantage because ________.

Only speaking one language is one sign that a nation suffers from ________.

Parochialism is a tendency to ________.

Bill Sanderson, a manager in a manufacturing firm in New York has a tendency to view the world only through his U.S.-based perspective. What can be deduced about his attitude?

An ethnocentric attitude ________.

A(n) ________ attitude is characterized by parochialism.

While talking with her advisor at the university, Jane deduces that she has a(n) ________ attitude, as she has never traveled abroad and relates well only to people from her home country.

An ethnocentric attitude stems from ________.

Melanie joined an international student association in order to better understand the views of students from other countries. She is trying to become more ________ in her attitude.

A manager who wishes to be successful in international business should avoid a(n) ________ attitude.

Managers with a(n) ________ attitude view every foreign operation as different and hard to understand.

A(n) ________ attitude is the view that employees in the host country know the best practices for running their operations.

Samanex Corporation maintains production facilities in 13 different countries on three continents. Each facility is managed by a native of the country where it is located. This practice is indicative of a(n) ________ attitude.

In today's global environment, managers must have a(n) ________ attitude to be successful.

Americans tend to suffer from parochialism.

Managers with an ethnocentric attitude do not trust foreign employees with key decisions or technology.

Managers with a polycentric attitude tend to view every foreign operation as different and hard to understand.

The polycentric attitude is a world-oriented view focusing on using the best approaches and people from around the globe.

The ________ was formed by twelve member countries with the primary motivation of reasserting the region's economic position against the United States and Japan.

The single European Union currency is called the _______

The World Trade Organization was formed in the year ________.

Heinrich, a purchaser for an optics company in Germany, must place an order for materials for use in its production process. He is most likely to order from a company ________.

The World Trade Organization evolved from which of the following?

The North American Free Trade Agreement includes ________.

The World Trade Organization ________

One advantage of NAFTA has been ________.

The United States belongs to a trade alliance known as CAFTA, which stands for ________.

The Association of Southeast Asian Nations is a trading alliance of ________.

The purpose of the OECD is ________.

Critics of the WTO claim that ________.

The International Monetary Fund is an organization that ________.

The ________ is a group of five closely associated institutions, all owned by its member countries, that provides vital financial and technical assistance to developing countries around the world.

The OECD was formed to ________.

Cypress Exports would like to establish retail outlets in Mongrovia, a quasi-democratic African country with a growing middle class. But the national and local officials all want "gratuities" to process the applications for permits. Cypress Exports should appeal to ________.

One case currently before the WTO involves ________.

Solidarity in the European Union is being undermined by protectionist pressures in some member countries.

Mercosur is a trading group made up of ten South American countries.

When the original members formed the European Union in 1992, the primary motivation was to reassert the region's economic position against the United States and Japan.

The United States, Canada, Mexico, and Honduras are parties to the North American Free Trade Association.

According to the text, which of the following is a typical definition of a multinational corporation?

Which one of the following would be considered a multinational corporation?

The ________ decentralizes its management and other decisions to the local country.

Which of the following is a feature of a multidomestic corporation?

Multidomestic corporations reflect the ________.

Which of the following is a multinational corporation that tailors marketing strategies to the host country's unique characteristics?

Multidomestic corporations ________.

Which one of the following represents the basic difference between multidomestic corporations and global companies?

As the international operations of their firm continues to grow, Theodore and James have realized that decentralized management using foreign nationals to run operations in the host countries works best. Their firm has developed into a ________ organization

A corporation drops its organizational structure based on countries and reorganizes into industry groups. This is an example of the company becoming a(n) ________.

Marco works for a multinational corporation as a plant manager but must receive approval from the home office for any management changes to production processes. Marco most likely works for a ________.

A global company reflects the ________.

Granval manages a production facility in Aughmenistan for a multinational company headquartered in Paris. His Paris bosses emphasize the importance of operating his plant efficiently so as to conserve scarce resources. It is likely Granval's employer is

Melanie would like to become a part of the global retail community. Which of the following options should Melanie consider as her first step?

If Shana's company decides to open another company in France but centralizes its management in the United States, it would be considered a ________.

Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use the rights to their software, brand name, and software specifications in return for a lump sum payment. The firm is a service organization that plans to use the software to assist its customers. Their agreement is a(n) ________.

If Marla's company changed its organizational structure from one based on country to one based on industry groups, it would best be considered a ________.

Transnational organizations are also known as ________.

Which one of the following types of global organizations reflects the geocentric attitude?

Melanie had been buying raw materials locally but she is being underpriced by her competitors. She thinks there might be lower-cost materials elsewhere. What advice would you give Melanie?

Nathan uses ethnic craftsmen to make high quality oak furniture. If he decides to offer his furniture for sale in other countries, he will be engaging in ________.

Natalya operates a retail store in Romania. She buys consumer electronics from vendors in China and Japan to sell in her store. Natalya is engaging in ________,

Harley Davidson makes motorcycles but in its retail stores it also sells clothing, motorcycle accessories, jewelry, and many related products carrying the Harley trademarks made by other companies. Harley Davidson is engaging in ________.

Theodore and James decide to enter into an agreement with a firm in Europe allowing them to use their software, brand name, and business methods in return for a lump sum payment and a percentage of sales. The European firm is a service organization that plans to use the software to serve its customers. Their agreement is a(n) ________.

Adam has been hired by an organization that has a partnership with a foreign company. Both the partners share resources and knowledge while developing new products. Adam's organization has formed a ________.

In 1984 Toyota and General Motors formed a company called NUMMI to build cars carrying both the General Motors and Toyota brands. NUMMI is an example of a(n) ________.

Joint ventures are a type of ________.

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.

Melamark LLC has customers on four continents. It would like to increase its global presence as a supplier to its global customers. The most expensive option would be to ________.

Melamark's advisor on global affairs is concerned that ________ carries too much risk

Part of Jose's company's business plan involves setting up a foreign subsidiary. This arrangement involves ________.

A transnational organization reflects an ethnocentric attitude.

Managers who want to get into a global market with minimal investment start with global sourcing.

The process of exporting involves acquiring products made abroad and selling them domestically.

Licensing and franchising are similar approaches involving one organization giving another organization the right to use its brand name, technology, or product specifications in return for a lump sum payment or a fee usually based on sales.

Licensing is primarily used by service organizations and franchising is primarily used by manufacturing organizations.

A strategic alliance is a partnership between an organization and a foreign company partner in which both share resources and knowledge in developing new products or building production facilities.

Unlike the United States, the change from one regime to another in foreign countries can be less than peaceful. Differences in the ________ environment can lead to uncertainty and risk for global managers.

The Corrupt Foreign Practices Act forbids U.S. citizens to offer bribes to officials in other countries, but some of those officials depend on bribes to supplement their meager incomes. This particular dilemma is part of the ________ environment.

If the rate of inflation in Tomturkistan increased suddenly, what effect would that have on the exchange rate of Tomturkistan currency for U.S. dollars?

A ________ economy is one in which resources are primarily owned and controlled by the private sector.

In Malbadia, a central committee formed by the political powers decides what products and how many of each will be produced. This situation is typical of a ________.

For American company Leather Exporters, first quarter sales in Italy were higher compared to the preceding year but profits were down. What could account for this difference?

Coca-Moka, an American beverage company, sells its soft drinks in Thirstania. After earning large profits, Coca-Moka discovered it could not export those profits back to its American banks because of the ________ in Thirstania.

Hofstede's Five Dimensions of National Culture would predict which of the following?

Jack moved to China to manage his company's production facility there. Immediately he instituted the company practice of recognizing an employee of the month. The Chinese employees were horrified. Why might this be so?

Alfredo believes that the CEO is no better than the janitor of the organization and neither should receive preferential treatment. Using the GLOBE model, what can we infer about Alfredo's culture?

Bettina likes to know the end from the beginning. She gathers as much information as possible before making a decision. Bettina likely lives in a culture ________.

Caron admits she's a tough cookie. She thrives in an environment in which employees compete against each other for big rewards. It is likely that Caron's culture ________.

In South America, the Sawi tribe values deceit and treachery. Taking advantage of other tribes is cause for celebration. This culture is ________.

"Let's forget about tomorrow for tomorrow never comes." "Live for today." These expressions would be typical of a culture that is ________.

Outsiders would call them clannish. Ianos and his family are very close. At work, he gives his all to the team. His neighbors support each other but exclude people they do not know. This describes a culture that is ________.

The hero is always a loner, riding off into the sunset. Employers expect key employees to make critical decisions alone; rewards are given to individuals, not to teams. This describes a culture that is ________.

Helga has noticed an increasing number of female CEOs of large corporations and also that more fathers are staying home to raise children while the mothers assume positions of leadership in business. This is a culture with ________.

"In this company, what you do matters a whole lot more than your last name." Bill's father, the company founder, expected Bill's supervisor to mentor the young man, to help him set goals, to train him and to develop his managerial skills with an emphasis on continuous improvement. Bill likely lives in a country with a ________.

Only when a country's political/legal environment is unstable or revolutionary is it of concern to managers.

When an American company earns profits in a foreign country, those profits are taxed according to the tax laws of the United States.

The GLOBE framework for assessing cultures is similar to Hofstede's framework, but measures fewer dimensions.

Mexico is an example of a collectivistic nation.

The United States is an example of a country with low power distance.

A high uncertainty avoidance society is threatened by ambiguity and experiences high levels of anxiety.

A global mind-set refers to attributes that allow a leader to be effective in cross-cultural environments.