Question 1

_____ are new companies that are founded with an active global strategy and have sales,employees,and financing in different countries.

Accepted Answer

A)   ​Joint ventures 
B)   ​Strategic alliances 
C)   ​Global new ventures 
D)   ​Global new acquisitionsE) All of the above
F) None of the above

Question 2

According to the World Trade Organization,voluntary export restraints are legit and cannot be questioned.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is a regional trade agreement between most European countries?

Accepted Answer

A)   ​The Maastricht Treaty of Europe 
B)   ​The Single European Act 
C)   ​EEC and EURATOM treaties 
D)   ​Brussels TreatyE) A) and B)
F) A) and C)

Question 4

Adaptability screening is used to assess how well managers and their families are likely to adjust to foreign cultures.

Accepted Answer

A) True 
 B)False

Question 5

_____ is the risk of major changes in political regimes that can result from war,revolution,death of political leaders,or other influential events.

Accepted Answer

A)   ​Political conflict 
B)   ​Political uncertainty 
C)   ​Political failure 
D)   ​Political corruptionE) None of the above
F) All of the above

Question 6

If companies focus too much on local adaptation,they run the risk of:

Accepted Answer

A)   ​using management procedures poorly suited to particular countries' markets, cultures, and employees. 
B)   ​losing the cost effectiveness and productivity that result from using standardized rules and procedures throughout the world. 
C)   ​losing control over the quality of the product or service sold by the foreign licensee.  
D)   ​failing to benefit from an active global strategy.E) None of the above
F) B) and D)

Question 7

Which of the following trends has allowed companies to skip the phase model of globalization when going global?

Accepted Answer

A)   ​Countries with growing levels of purchasing power are good choices for attractive global markets. 
B)   ​Low-cost communication technologies make it easier to communicate with global customers. 
C)   ​Companies do not have to establish a manufacturing location in each country they enter. 
D)   ​Masculinity and femininity capture the difference between highly assertive and nurturing cultures.E) None of the above
F) A) and B)

Question 8

Westburn In
C.,a fast food restaurant in the state of Beachden,starts its chain of restaurants in the state of Valcoast.It changes its menu for the customers in Valcoast.This scenario is an example of _________.
A.global consistency
B.local adaptation
C.licensing
D.franchising

Accepted Answer

The answer of Westburn In
C.,a fast food restaurant in the...

Question 9

A _________ is a strategic alliance in which two existing companies collaborate to form a third,independent company.

Accepted Answer

The answer of A _________ is a strategic alliance in...

Question 10

The criteria for choosing an office location are the same as the criteria for entering a foreign market.

Accepted Answer

A) True 
 B)False

Exam 8: Global Management

A _________ is a strategic alliance in which two existing companies collaborate to form a third,independent company.

Correct Answer
verified

According to the World Trade Organization,voluntary export restraints are legit and cannot be questioned.

Correct Answer
verified

Adaptability screening is used to assess how well managers and their families are likely to adjust to foreign cultures.

Correct Answer
verified

If companies focus too much on local adaptation,they run the risk of:

Correct Answer
verified

Which of the following is a regional trade agreement between most European countries?

Correct Answer
verified

Which of the following trends has allowed companies to skip the phase model of globalization when going global?

Correct Answer
verified

_____ is the risk of major changes in political regimes that can result from war,revolution,death of political leaders,or other influential events.

Correct Answer
verified

_____ are new companies that are founded with an active global strategy and have sales,employees,and financing in different countries.

Correct Answer
verified

The criteria for choosing an office location are the same as the criteria for entering a foreign market.

Correct Answer
verified

Westburn In C.,a fast food restaurant in the state of Beachden,starts its chain of restaurants in the state of Valcoast.It changes its menu for the customers in Valcoast.This scenario is an example of _________. A.global consistency B.local adaptation C.licensing D.franchising

Correct Answer
verified

Exam 8: Global Management

A _________ is a strategic alliance in which two existing companies collaborate to form a third,independent company.

Correct AnswerverifiedShow Answer

According to the World Trade Organization,voluntary export restraints are legit and cannot be questioned.

Correct AnswerverifiedShow Answer

Adaptability screening is used to assess how well managers and their families are likely to adjust to foreign cultures.

Correct AnswerverifiedShow Answer

If companies focus too much on local adaptation,they run the risk of:

Correct AnswerverifiedShow Answer

Which of the following is a regional trade agreement between most European countries?

Correct AnswerverifiedShow Answer

Which of the following trends has allowed companies to skip the phase model of globalization when going global?

Correct AnswerverifiedShow Answer

_____ is the risk of major changes in political regimes that can result from war,revolution,death of political leaders,or other influential events.

Correct AnswerverifiedShow Answer

_____ are new companies that are founded with an active global strategy and have sales,employees,and financing in different countries.

Correct AnswerverifiedShow Answer

The criteria for choosing an office location are the same as the criteria for entering a foreign market.

Correct AnswerverifiedShow Answer

Westburn In C.,a fast food restaurant in the state of Beachden,starts its chain of restaurants in the state of Valcoast.It changes its menu for the customers in Valcoast.This scenario is an example of _________. A.global consistency B.local adaptation C.licensing D.franchising

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified