International Management Test 1

Front 1

process of applying management concepts andtechniques in a multinational environment and adapting management practices todifferent economic, political , and cultural environments.

Back 1

International management

Front 2

the process of social, political, economiccultural, and technological integration among countries around the world.

Back 2

Globalization

Front 3

the subcontracting orcontracting out of activates to endogenous organizations that had previouslyhad performed by the firm.

Back 3

outsourcing

Front 4

the process by which companies undertake someactivities at offshore locations instead of in their countries of origin.

Back 4

offshoring

Front 5

the global organizations of countries thatoversees rules and regulations for international trade and investment.

Back 5

World Trade Organization (WTO)

Front 6

a free trade agreement between the U.S., Canada,and Mexico that has removed most barriers to trade and investment.

Back 6

North America Free Trade Apreement

Front 7

Asian facing countries have initiatednegotiations to conclude an ambitious, next-generation, asia-pacific tradeagreement.

Back 7

ASEAN (Association of Southeast Asian Nations)

Front 8

investment in property, plant, or equipment inanother country.

Back 8

foreign direct investment

Front 9

a political and economiccommunity consisting of 27 members.

Back 9

European Union

Front 10

elements: Free market, individualism, ownershipof property

Back 10

Capitalism

Front 11

a political system in which there is only onerepresentative party which exhibits control over every facet of political andhuman life.

Back 11

Totalitarianism

Front 12

law that derives from English law and is thefoundation of legislation in the U.S., Canada, and England, among othernations.

Back 12

Common Law

Front 13

a jurisdiction principle of international lawwhich holds that every country has jurisdiction over its citizens no matterwhere they are located.

Back 13

Nationality principle

Front 14

a jurisdiction principle of international lawwhich holds that every country has jurisdiction over behavior that adversely affectsits national security, even if the conduct occurred outside that country.

Back 14

Protective principle

Front 15

a jurisdictional principle of international lawwhich holds that there must be mutual respect for the law, institution, andgovernments of other countries in the matter of jurisdiction over their owncitizens.

Back 15

Doctrine of Comity

Front 16

a jurisdictional principle of international lawwhich holds that all acts of governments are considered to be valid by U.S.courts, even if such acts are illegal or inappropriate under U.S. law.

Back 16

Act of State doctrine

Front 17

an act that makes it illegal to influenceforeign officials through personal payment or political contribution.

Back 17

Foreign Corrupt Practices Act

Front 18

The study of morality and standards of conduct.

Back 18

Ethics

Front 19

the actions of a firm to benefit society beyondthe requirements of the law and the direct interests of the firm.

Back 19

Corporate social responsibility

Front 20

development that meets humanity’s needs withoutharming future generations.

Back 20

Sustainability

Front 21

Human rights, labor, environment, globalcompact.

Back 21

Global Compact

Front 22

the system by whichbusiness corporations are directed and controlled.

Back 22

Corporate governance

Front 23

dynamic relationship between culture oforganizational behavior

Back 23

GLOBE phases

Front 24

acquired knowledge that people use to interpretexperience and generate social behavior. This knowledge forms values, createsattitudes, and influence behavior.

Back 24

Culture

Front 25

basic convictions that people have regardingwhat is right and wrong, good and bad, important and unimportant.

Back 25

Values