Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key


Play button


Play button




Click to flip

70 Cards in this Set

  • Front
  • Back
Antiglobalization activists
Assert that if corporations are free to locate anywhere in the world, the world's poorest countries will relax or eliminate environmental standards and social services in order to attract first-world investment and the jobs and wealth that come with it
Agreements like NAFTA and CAFTA
Not only reduce barriers to trade but also require additional domestic legal and business reforms in developing nations to protect property rights
The four other widely recognized powerhouses in Asia, in addition to Japan and China are:
South Korea, Hong Kong, Singapore and Taiwan
In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America
A major development in South America is:
The growth of inter-country trade, spurred on by the progress toward free-market policies
A _____ exists when private enterprise reserves the right to own property and monitor the production and distribution of goods and services while the state simply supports competition and efficient practices.
Market economy
Identify the statement that is false of globalization
It is the process of a business crossing national and cultural borders
According to the projections for 2007, which of the following countries has the best commercial infrastructure?
The term "maquiladora" is used to describe a specific kind of _____ industry.
Which of the following statements is false with regard to a mixed economy?
Businesses in this model are owned by the state to ensure that investments and practices are done in the best interest of the nation despite the often opposing outcomes
Identify the option that would constitute white-collar service industries
Insurance and banks
The _____ principle holds that every nation has the right of jurisdiction within its legal territory.
Japanese companies are aware that their dependency on the world market for many goods and services is negatively impacted by _____, resulting in local consumers paying the price.
U.S. laws require equality in the workplace for all employees, U.S. citizens who take a job in Japan cannot sue their Japanese employer under the provisions of U.S. law for failure to provide equal opportunity for them. This is in line with the:
Principle of sovereignty
MNCs are unwilling to put up high investments unless they are assured of:
Operating control on their investment in telecommunications
One analysis, cited in the text, reported that since the passage of the Foreign Corrupt Practices act, U.S. exports to "bribe prone" countries:
The Hong Kong office of Salomon Brothers, a U.S. investment bank, estimates that to meet the expanding demand for telecommunication service in Asia, companies will need:
Considerable increase in investment
Governmental power in a democracy is limited by:
The accountability of the elected representatives to the general public
_____ law comes from the Marxist socialist system and continues to influence regulations in former communist countries, especially those from the former Soviet Union, as well as present-day China, Vietnam, North Korea and Cuba.
According to the text, _____ relations are the cornerstone of a united Europe.
"Crony capitalism" describes business practices in countries with:
Weak, concentrated corporate governance
The elimination of discrimination with respect to employment and occupation is a principle of the Global Compact which applies to:
All of the following statements about ethics are true except:
It is not related to the area of corporate social responsibility
One of the major reasons why _____ remains a problem in Japan is that traditionally many male managers regard female employees as mere assistants and, following a stereotype, feel that women employees will soon marry and leave the firm.
Sexual harassment
According to the latest corruption index of countries around the world specified in the text, the least corrupt country is
All of the following result from unabated and continuous economic growth except:
Realizing that consumer needs extend only to simple goods and services
Corporate governance:
Can be defined as the system by which business corporations are directed and controlled
According to a recent international poll, which of the following types of leaders are most trusted?
NGO Leaders
All of the following statements are accurate with regard to the status of women in the French workplace except:
As a result of strong efforts to gain equality, French women are no longer underrepresented in the workplace
Some major ethical challenges facing MNCs in China include the following except:
Financial exchange
_____ are basic convictions that people have regarding what is right and wrong, good and bad, important or unimportant.
Even though there are distinctions among organization cultures, research shows that managers from different countries often have:
Value similarities
Cultures with a low masculinity place great importance on conservation of the environment and tend to favor:
Small-scale enterprises
_____ is the belief that ideas and practices can be applied everywhere in the world without modification.
Paternalism, measured by a manager's involvement in both personal and off-the-job problems of subordinates is very important in:
Culturally, a German can be expected to have a _____ handshake.
Brusk and firm
Societal collectivism refers to the degree to which:
Organizational and societal institutional practices encourage and reward collective distribution of resources and collective action
According to Dutch researcher Geert Hofstede, there are four dimensions of culture. These are:
Power distance, uncertainty avoidance, individualism and masculinity
According to a study conducted by England and Lee, all of the following are accurate descriptions of the similarities in cultural values across nations except:
There is a relatively weak relationship between the level of success achieved by managers and their personal values
Buildings and art are considered to be the _____ of a culture.
Explicit artifacts and product
Which of the following is likely to be the strategic predisposition of a company that has a ‘top-down’ system of governance?
In regard to the cultural dimension, "What is the person's relationship to other people?" the dominant characteristic for American managers is:
Which of the following correctly matches a firm's predisposition with its strategy?
Polycentric - national responsiveness
In _____, one's social class is very important and these classes include the aristocracy, the upper bourgeoisie, the upper-middle bourgeoisie, the middle, the lower middle and the lower.
An important cultural contrast between Arabs and Americans is that of emotion and logic. Arabs often act based on _____; in contrast, those in an Anglo culture are taught to act on _____.
Emotion; logic
A company with a(n) _____ predisposition allows the values and interests of the parent company to guide the strategic decisions.
The United States has what is called a _____.
Low-context culture
_____ like exclusive arrangements and often negotiate with just one firm at a time.
Which of the following does not
pertain to similarities in managerial activities in the United States and Korea?
As organizational size increased, commitment proportionally increased
Which of the following selections accurately reflects labor relations in Germany?
Be prepared for high wages and short work week; expect high productivity from unionized workers
Norms are reflected by things such as:
The amount of work to be done
When individuals join a multinational corporation they bring their national culture, which greatly affects all the following except:
The following are the steps outlined by Numeroff and Abrahams used during mergers and acquisitions except:
Developing mechanisms to identify the least important organizational structures and management roles
_____ cultures often create environments where participants thrive in an intense, emotional commitment to the nature of the work.
‘Dirigiste’ is used to describe the _____ dimension.
Which of the following describes the "attitude toward authority" in an Eiffel Tower corporate culture?
Status is ascribed to superior roles that are distant yet powerful
In the _____ stage of group development, the focus should be on building trust and developing team cohesion.
_____ culture is characterized by a strong emphasis on equality in the workplace and orientation to the task.
Guided missile
Which of the following shows the identity dimension of corporate culture?
To identify with and uphold the expectations of the employing organizations
Global firms need:
Both an internal and an external diversity focus
Office layout is a good example of:
In contrast to the contextual style, the personal style is more popular in:
Low-power distance, individualistic, low-context cultures
Many multinational corporations prescribe _____ as the common language for international communication.
Which of the following countries resort to a documented, step-by-step method of information exchange using the multimedia during negotiations?
The United States
The final step in the negotiation process is:
The agreement phase
Integrative negotiation:
Correct Involves cooperation between groups to integrate interests, create value and invest in the agreement
In terms of communication styles, which of the following countries has a low-context society?
Correct The United States
_____ is the information that surrounds a communication and helps covey the message.
This communication style is most common in Asia where people tend to say few words and allow understatements, pauses and silence to convey meaning.
The transmission of information from manager to subordinate is referred to as:
Downward communication