In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B

In a global market place Managers must
A. deals with economic, political and cultural differences
B. expect competitors to suddenly appear at any time from any place
C. not to take specific differences of local environment into consideration
D. A and B
by

1 Answer

Answer :

. A and B
by

Related questions

In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B

Description : In a global market place Managers must A. deals with economic, political and cultural differences B. expect competitors to suddenly appear at any time from any place C. not to take specific differences of local environment into consideration D. A and B

Last Answer : A and B

In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Last Answer : the political environment

In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Description : In macro environment, 'pressure groups' and 'government agencies' are part of A. the cultural environment B. the demographic environment C. the economic environment D. the political environment

Last Answer : the political environment

Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above

Description : Factors that affect global human resource management are A. economic factors B. societal factorsC. cultural factors D. all of the above

Last Answer : all of the above

According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow

Description : According to the textbook, the most valuable framework to help managers better understand differences between national cultures was developed by ______________. A. Milton FriedmanB. Michael Porter C. Geert Hofstede D. Abraham Maslow

Last Answer : Geert Hofstede

_____________ is a cultural dimension in which people expect others in their group to look after them and protect them when they are in trouble. A. Power distance B. Collectivism C. Quantity of life D. Uncertainty avoidance

Description : _____________ is a cultural dimension in which people expect others in their group to look after them and protect them when they are in trouble. A. Power distance B. Collectivism C. Quantity of life D. Uncertainty avoidance

Last Answer : Collectivism

______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy

Description : ______ is the application of knowledge which redefines the boundaries of global business. a. Cultural Values b. Society c. Technology d. Economy

Last Answer : Technology

The reason that a nation’s cultural differences are the most difficult to gain information about is because __________________. A. people tend to be sensitive about their own culture B. providing this information to foreign organizations reduces a competitive business advantage C. there is little written on the issue D. “natives” are least capable of explaining the unique characteristics of their own culture

Description : The reason that a nation's cultural differences are the most difficult to gain information about is because __________________. A. people tend to be sensitive about their own culture B. providing ... issue D. natives are least capable of explaining the unique characteristics of their own culture

Last Answer : “natives” are least capable of explaining the unique characteristics of their own culture

The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Description : The corporate governance structure of a company reflects the individual companies’ A. Cultural and economic system. B. Legal and business system. C. Social and regulatory system. D. All of the above.

Last Answer : All of the above.

In a global market place A. the entire world is a market place87 B. national borders are irrelevant C. the potential for organizations to grow expands dramatically D. All of the above

Description : In a global market place A. the entire world is a market place87 B. national borders are irrelevant C. the potential for organizations to grow expands dramatically D. All of the above

Last Answer : All of the above

What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. b) The CAGE framework analyses bilateral differences and commonalities between two countries. c) The CAGE framework is a broad framework to help managers understand the environment in which their business operates. d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Description : What is the purpose of the CAGE framework? a) The CAGE framework investigates to what extent home demand, home factor conditions and domestic rivalry are important to multinational firms. ... d) The CAGE framework a checklist for forecasting political, economic, strategic or technological factors.

Last Answer : The CAGE framework analyses bilateral differences and commonalities between two countries.

Specific cultural dimensions that does not have a significant impact on cross national business interactions is A. Hofstede’s five cultural dimensions B. Monochromatic vs polychromatic tune C. Communicationy D. Geography

Description : Specific cultural dimensions that does not have a significant impact on cross national business interactions is A. Hofstede’s five cultural dimensions B. Monochromatic vs polychromatic tune C. CommunicationD. Geography

Last Answer : Geography

In 90’s the global management perception was based on A. Standardization v/s adaptation B. Globalization v/s localization C. Global integration v/s Local Responsiveness D. Local responsiveness

Description : In 90’s the global management perception was based on A. Standardization v/s adaptation B. Globalization v/s localization C. Global integration v/s Local Responsiveness D. Local responsiveness

Last Answer : Globalization v/s localization

When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Last Answer : Transnational

When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Description : When a firm seeks the benefits of global integration and local adaptation, it is best described as which type of strategy? A. Transnational B. Global C. Multi-national D. Global-local

Last Answer : Transnational

Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.

Description : Nonverbal communication: A. Includes written communication B. Has no place in international business. C. Include body languages D. Should be learnt by business managers to communicate with foreigners.

Last Answer : Include body languages

Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status

Description : Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status

Last Answer : social class

Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status

Description : Cultural factors must include A. beliefs and attitudes B. social class C. occupation D. roles and status

Last Answer : social class

In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental

Description : In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections? A. Political B. Legal C. Political and economic and legal D. Political and environmental

Last Answer : Political and environmental

Marketing planning is a continuous process because A)marketing activities must parallel those of competitors. B)the time frame of plans must co -ordinate with the time frame of marketing controls. C)to have effective control, new control processes must be introduced. D)plans must be changed as forces in the marketing environment change. E)marketing managers tend to develop marketing myopia and focus on short -term plans.

Description : Marketing planning is a continuous process because A)marketing activities must parallel those of competitors. B)the time frame of plans must co -ordinate with the time frame of marketing controls. C ... change. E)marketing managers tend to develop marketing myopia and focus on short -term plans.

Last Answer : E)marketing managers tend to develop marketing myopia and focus on short -term plans.

Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working hard to make sure that the promotional campaign is clearly understood by the nation's consumers and doesn't offend anyone. Which of the factors in the external environment is he being influenced by? A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

Description : Robert is a marketer for a global consumer products company. He is working on the promotional campaign designed to reach a target audience in a new international market. Robert is working ... A. Socio-cultural environment B. Competitive environment C. Economic environment D. Legal environment

Last Answer : A. Socio-cultural environment

Professional culture refers to A. Shared belief of top managers about how they should manage about themselves and their employees B. Shared code of ethics and other commonalities shared by members of a give group C. Both (a) and (c) D. None of the above

Description : Professional culture refers to A. Shared belief of top managers about how they should manage about themselves and their employees B. Shared code of ethics and other commonalities shared by members of a give group C. Both (a) and (c) D. None of the above

Last Answer : Shared code of ethics and other commonalities shared by members of a give group

The corporate culture of a firm is more effectively carried to the managers who are A. Host country nationals B. Home country nationals C. Third country nationals D. None of the above

Description : The corporate culture of a firm is more effectively carried to the managers who are A. Host country nationals B. Home country nationals C. Third country nationals D. None of the above

Last Answer : Home country nationals

The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility

Description : The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility

Last Answer : Corporate social responsibility

The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility

Description : The principal-agent problem is concerned with: A. Procurement B. Appropriation of shareholders' investment by a firm's managers C. How to control a firm's distributors and dealers D. Corporate social responsibility

Last Answer : Corporate social responsibility

Which Environment can create new market and new business segments? A. Political Environment B. Economic Environment C. Socio- Cultural Environment D. Technological Environment

Description : Which Environment can create new market and new business segments? A. Political Environment B. Economic Environment C. Socio- Cultural Environment D. Technological Environment

Last Answer : Technological Environment

Which of the following is not a feature of a transnational corporation? A. Decision making takes place at the local level. B. Nationals are typically hired to run operations in each country. C. Marketing strategies are tailored to each country’s culture. D. Products are manufactured only in the local country.

Description : Which of the following is not a feature of a transnational corporation? A. Decision making takes place at the local level. B. Nationals are typically hired to run operations in each country. C. ... are tailored to each country's culture. D. Products are manufactured only in the local country.

Last Answer : Products are manufactured only in the local country.

Concept which defines inequality among nation explained in cultural dimension is classified as A. power distance B. orientation distance C. expatriation distance D. repatriation distance

Description : Concept which defines inequality among nation explained in cultural dimension is classified as A. power distance B. orientation distance C. expatriation distance D. repatriation distance

Last Answer : . power distance

The micro environment consists ______. A. Technological Environment. B. Political Environment. C. Economic Environment. D. Public, middlemen, consumers & competitors.

Description : The micro environment consists ______. A. Technological Environment. B. Political Environment. C. Economic Environment. D. Public, middlemen, consumers & competitors.

Last Answer : D. Public, middlemen, consumers & competitors.

PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or technological developments can influence an industry and a company. c) a checklist for forecasting political, economic, strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Description : PESTLE analysis is: a) a broad framework to help managers understand the environment in which their business operates. b) a checklist to ask how political, economic, strategic or ... strategic or technological factors. d) a framework for strategic analysis of internal and external environment

Last Answer : a broad framework to help managers understand the environment in which their business operates.

Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational c. Domestic, Multinational, International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global

Description : Which is the right sequence of stages of Internationalization? a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational ... , International, Transnational, Global d. Domestic, International, Transnational, Multinational, Global

Last Answer : Domestic, International, Multinational, Global, Transnational

Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Description : Kind of organization which have integrated worldwide corporate units in different countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Last Answer : global enterprise

Global assignments in which employees are sent for strategic jobs having intercultural understanding are classified as A. development assignments B. non development assignments C. strategic assignments D. managerial assignments

Description : Global assignments in which employees are sent for strategic jobs having intercultural understanding are classified as A. development assignments B. non development assignments C. strategic assignments D. managerial assignments

Last Answer : strategic assignments

With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging upon a global norm. C. So different that they can be ignored by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.

Description : With the globalization of markets, the tastes and preferences of consumers world-wide are: A. Becoming similar to the tastes and preferences of American consumers. B. Converging ... by international organizations. D. Being encouraged by multinational organizations to become increasingly similar.

Last Answer : Converging upon a global norm.

Globalization refers to: A. A more integrated and interdependent world B. Less foreign trade and investment C. Global warming D. Lower incomes worldwide

Description : Globalization refers to: A. A more integrated and interdependent world B. Less foreign trade and investment C. Global warming D. Lower incomes worldwide

Last Answer : . A more integrated and interdependent world

Type of organization which has operating units in some foreign countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Description : Type of organization which has operating units in some foreign countries is classified as A. alliance enterprise B. global enterprise C. interdependence enterprise D. multinational enterprise

Last Answer : multinational enterprise

Cultural differences have implications for the development of a marketing mix. Culture includes A)a country's political system and national laws. B)the concepts, values, and tangible items that make up a particular society. C)a measure of a nation's economic standing. D)quotas on imports and stringent health and safety requirements. E)the stability of the government.

Description : Cultural differences have implications for the development of a marketing mix. Culture includes A)a country's political system and national laws. B)the concepts, values, and tangible items ... )quotas on imports and stringent health and safety requirements. E)the stability of the government.

Last Answer : B)the concepts, values, and tangible items that make up a particular society.

An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Description : An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Last Answer : The command mode

An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Description : An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode? A. The transactive mode B. The muddling through mode C. The command modeD. The emotional mode

Last Answer : The command mode

Globalization can create problems for business because: A. It can result in more competition. B. It reduced vulnerability to political risk and uncertainty when operating abroad. C. It means that they can increase prices. D. All the options given are correct.

Description : Globalization can create problems for business because: A. It can result in more competition. B. It reduced vulnerability to political risk and uncertainty when operating abroad. C. It means that they can increase prices. D. All the options given are correct.

Last Answer : All the options given are correct.

Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Description : Subsidiaries consider the regional environment for policy or Strategy formulation is known as _____. a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach

Last Answer : Regiocentric Approach

An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.

Description : An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.

Last Answer : Increased speed of innovation.

Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Description : Which of the following is NOT a business opportunity generated by globalization? A. Access to low cost labour. B. Cheap International transport. C. Currency crises. D. Less stringent regulation of the business environment.

Last Answer : Cheap International transport.

An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.

Description : An environment which is increasingly complex and turbulent displays: A. More orderly competition. B. A reduced risk of product obsolescence. C. More predictable demand. D. Increased speed of innovation.

Last Answer : More orderly competition.

Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Description : Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Last Answer : Polycentric Approach

The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal resources, external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Last Answer : Fit, internal resources, external environment

Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Description : Subsidiaries consider regional environment for policy / Strategy formulation is known as A. Polycentric Approach B. Regio centric Approach C. Ethnocentric Approach D. Geocentric Approach

Last Answer : . Polycentric Approach

The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal resources, external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Description : The authors believe there are three tests that can be applied to judge whether a strategy is 'good'. These are: A. Fit, distinctiveness, sustainability B. Fit, internal ... , external environment C. Distinctiveness, internal resources, fit D. Sustainability, distinctiveness, external environment

Last Answer : Fit, internal resources, external environment

Which of the following statements is not true when describing a successful strategy? A. It provides some property that is unique or distinctive B. It provides the means for renewing competitive advantage C. It addresses changes in the external environment D. It guarantees long term survival

Description : Which of the following statements is not true when describing a successful strategy? A. It provides some property that is unique or distinctive B. It provides the means for renewing competitive advantage C. It addresses changes in the external environment D. It guarantees long term survival

Last Answer : It provides the means for renewing competitive advantage

Anything outside a system (the project) that can affect or be affected by system, is known as A. Environment B. Medium C. Channel D. Boundary matrix

Description : Anything outside a system (the project) that can affect or be affected by system, is known as A. Environment B. Medium C. Channel D. Boundary matrix

Last Answer : Environment