ethics in IB Essay examples

8306 Words May 14th, 2014 34 Pages
International Business: The New Realities, 3e (Cavusgil)
Chapter 4 The Cultural Environment of International Business

1) Cross-cultural risk is often intensified by managers with geocentric tendencies.
Answer: FALSE
Difficulty: Easy
Skill: Concept
Objective: 4-1
AACSB: Dynamics of the global economy; Multicultural and diversity understanding

2) An ethnocentric orientation positively impacts the ability of managers to manage business projects and new business practices abroad.
Answer: FALSE
Difficulty: Easy
Skill: Concept
Objective: 4-1
AACSB: Dynamics of the global economy; Multicultural and diversity understanding

3) Ethnocentric orientation refers to a host-country mind-set in which the manager develops a
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Answer: TRUE
Difficulty: Easy
Skill: Concept
Objective: 4-6
AACSB: Dynamics of the global economy; Multicultural and diversity understanding

23) In the advanced economies, firms that engage in services such as lodging and retailing account for a much lesser share of FDI than firms that manufacture products.
Answer: FALSE
Difficulty: Easy
Skill: Concept
Objective: 4-7
AACSB: Dynamics of the global economy; Multicultural and diversity understanding

24) Cultural differences necessitate adapting marketing activities to suit the specific needs of target markets.
Answer: TRUE
Difficulty: Easy
Skill: Concept
Objective: 4-7
AACSB: Dynamics of the global economy; Multicultural and diversity understanding

25) In companies with decentralized organizational structure, power is concentrated at the regional or corporate headquarters.
Answer: FALSE
Difficulty: Easy
Skill: Concept
Objective: 4-7
AACSB: Dynamics of the global economy; Multicultural and diversity understanding

26) The greater the cultural distance between the service provider and its customers, the less likely there will be cognitive and communication gaps.
Answer: FALSE
Difficulty: Easy
Skill: Concept
Objective: 4-7
AACSB: Dynamics of the global economy; Multicultural and diversity understanding
27) Ethnocentric assumptions lead to poor business strategies

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