Chapter 3 Managing in a Global Environment1)
People are likely to endure from parochialism. 2)
Managers with an ethnocentric perspective don't belief international staff with key
selections or know-how. three)
Managers with a polycentric perspective are likely to view each international operation as
troublesome and arduous to grasp. four)
The polycentric perspective is a world-oriented view specializing in utilizing one of the best
approaches and folks from across the globe. 5)
When the twelve unique members fashioned the European union in 1992, the first
motivation was to reassert the area's financial place in opposition to america
and Japan. 6)
is a member of the European Union.
The USA, Canada, and Mexico are events to the North American Free
Mercosur is a buying and selling group made up of ten South American nations. 9)
A transnational group displays an ethnocentric perspective. 10)
Managers who need to get into a worldwide market with minimal funding begin
with international sourcing. 11)
The method of exporting includes buying merchandise made overseas and promoting
them domestically. 12)
Licensing and franchising are comparable approaches involving one group
giving one other group the fitting to make use of its model title, know-how, or
product specs in return for a lump sum cost or a payment normally based mostly
on gross sales.
Licensing is primarily utilized by service organizations and franchising is
primarily utilized by manufacturing organizations. 14)
Strategic alliance is a partnership between a company and a international
firm companion or companions during which each share assets and information in
creating new merchandise or constructing manufacturing amenities. 15)
Solely when a rustic's political/authorized atmosphere is unstable or revolutionary
is it of concern to managers. 16)
is an instance of a Collectivistic nation. 17)
is an instance of a rustic with low energy distance. 18)
A excessive uncertainty avoidance society is threatened by ambiguity and experiences
excessive ranges of tension.
The GLOBE framework for assessing cultures is much like Hofstede's framework,
however measures fewer dimensions. 20)
A worldwide mind-set refers to attributes that enable a pacesetter to be efficient in
cross-cultural environments. 21)
Monolingualism is one signal that a nation suffers from ________.
Parochialism is an inclination to ________.
suppose extremely of the international nation during which the group is doing enterprise
concentrate on finest approaches and folks from across the globe
view the world solely via one's personal eyes and views
let staff within the host nation determine how finest to do issues 23)
Invoice Sanderson, a supervisor in a producing agency in New York tends to view the world
solely via his U.S.-based perspective. What might be deduced about his
He has anelitist perspective.
He has a polycentric perspective.
He has a parochialistic perspective.
He has a geocentric perspective. 24)
An ethnocentric perspective ________.
prompts managers to have a worldwide view and search for one of the best approaches and
folks no matter origin.
is the idea that the house nation has one of the best work approaches and practices
is the view that staff within the host nation know one of the best work approaches
offers a supervisor a much wider understanding of what it takes to handle in a
international atmosphere 25)
A supervisor who needs to achieve success in worldwide enterprise ought to keep away from
a(n) ________ perspective.
A(n) ________ perspective is characterised by parochialism.
Managers with a(n) ________ perspective view each international operation as totally different
and arduous to grasp.
A(n) ________ perspective is the view that staff within the host nation know the
finest practices for operating their operations.
In at the moment's international atmosphere, managers will need to have a(n) ________ perspective in
order to achieve success.
The ________ was fashioned by twelve unique members with the first motivation
of reasserting the area's financial place in opposition to america
Central America Free Commerce Settlement
Affiliation of South-East Asian Nations