Strayer MGT 510 Global Business Management Midterm Answers

Strayer MGT 510 Global Business Management Midterm Answers


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1.    Which of the following statements about globalization is false?
    2.    The _________  has positively contributed to globalization.
    3.    Which of the following is not a classification of economic systems noted in the text?
    4.    Globalization is
    5.    One of the major reasons why global companies seek to develop standard products is because
    6.    Examples of developed economies would include:
    7.    A global mindset requires managers to think globally but
    8.    On which of Hofstede's value dimensions does the U.S. rank highest?
    9.    A multinational operations manager may note that _____  may prescribe or proscribe behavior.
    10.    A new expatriate manager located in India reports to you that all of her subordinate local managers lack initiative and will only do what she tells them to do. You realize that most Indian managers expect superiors to tell them what to do. You advise her of this, but also caution the new manager to avoid:
    11.    When hiring for managerial jobs in high power distance countries, preference is generally given to individuals
    12.    Some people believe that the norms, values, and beliefs of their own culture represent the only correct ways of dealing with the world. This is called
    13.    US firms often outsource customer service to workers in a foreign country. To minimize difficulties, such workers receive cross-cultural training which may include:
    14.    US firms often outsource customer service to workers in a foreign country. To minimize difficulties, such workers receive cross-cultural training which may include:
    15.    The degree to which people have privileged access to resources and positions within societies is
    16.    Which of the following religions is based on the idea that craving and desires produce suffering but that it also possible to reach a stage where there is no longer any suffering?
    17.    Which of the following religions has strict gender roles and also prohibits multinationals from paying or receiving interest on transactions?
    18.    Which of the following four religions are practiced by 71% of the world's population?
    19.    An economic system where production activities are decentralized to private owners who carry out these activities to make a profit is known as a
    20.    Which of the following is not an implication of educational systems as they apply to multinationals?
    21.    A multinational Human Resource Manager's decision to promote an individual results in wide discontent in the foreign subsidiary. The manager finds that although the promoted individual's performance is exemplary, most employees feel that the promotion should have gone to another individual who comes from an important family. The foreign subsidiary is most likely located in a/an
    22.    When industrialization is inwardly oriented, local industries are promoted to satisfy the
    23.    Sales are a part  of
    24.    Defensive strategies include
    25.    A low cost strategy leads to higher profits by
    26.    Capabilities that lead to competitive advantage must be
    27.    Differentiation leads to higher profits by
    28.    The value chain
    29.    Counter-parry
    30.    A company that has a limited product range, and sells to certain buyers in some geographical areas is said to have which of the following?

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