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Exam 4: Global Management Managing Across Borders

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Question 31

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This question has two parts; be sure to answer both. First, contrast a multinational corporation and a multinational organization, and explain why a global mind-set is essential in working in a globalized world. Next, consider these two companies: (1) Voice of the Reader recruits volunteers, often actors and actresses, who read books out loud, in many different languages, so that they can be put onto electronic media, such as CDs. Voice of the Reader then distributes these books for free to blind people across the world. For example, books on CD in French go to France, Canada, and Haiti; books on CD in Spanish go to Spain and many of the countries of South America; books in Portuguese go to Portugal and Brazil. Voice of the Reader does not seek a profit, and it has small recording studios in many countries, where actors read the books out loud. (2) Blazing Glory is a role-playing game that is played with simple cards that look like baseball cards. Each card has a mythical figure, as well as multiple symbols that explain how the game can be played. Because there is no writing on the cards, the market is fully global-no translations or adaptations are required. The company that created Blazing Glory is now manufacturing and selling its cards throughout the developed world, and it has hired game creators in multiple countries, including Brazil, China, and India, to develop games that will appeal to the local markets. Which of these companies is a multinational corporation, and which is a multinational organization? How do both companies benefit from a global mind-set? Explain.

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A multinational corporation, or multinat...

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Question 32

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ASEAN is a(n)

A) trading bloc consisting of 10 countries in Asia.
B) association of American and Southeast Asian nations.
C) trading bloc consisting of 10 countries along the Atlantic Ocean.
D) worldwide banking association.
E) union of global nations that strives to bring about world peace.

F) C) and D)
G) B) and C)

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Question 33

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The purpose of the World Trade Organization is to

________ is another word for ethnocentrism.

Victor works for a company that highly values performance-oriented traits, such as achieving a certain level of sales and increasing market share by a certain percentage. In analyzing this aspect of Victor's company, Geert Hofstede would examine the company's ________ dimension.

In 1999, the top exporting nation was the United States, but in 2016, the world's top exporting nation was China.

The United States granted most favored nation trading status to China, which means that

Sox for All is a global nonprofit organization that works with schools and various companies to donate socks and shoes to poor children throughout the world. Sox for All is an example of a

The city of Cincinnati, California, is an industrial town known for its production of high-quality computers. In addition, the management of an automobile manufacturing plant in Cincinnati, which employs over 2,000 employees, is considering closing and moving its operations to Mexico to save money. Discuss the positive and negative effects of the global economy on Cincinnati, California, and other communities in America.

The GLOBE project is an ongoing cross-cultural investigation of nine cultural dimensions involved in ________ processes.

In exchange for $1,000 of office supplies, Anthony's IT Services uses ________ to install new network computers and printers at no cost to Quality Office Supply.

Airbus Inc., a company that builds airplanes, typically orders parts for its airplanes from other companies. ________ is the practice Airbus Inc. is using.

Prior to 1990, the United States imposed a tax, known as a(n) ________, on automobiles imported from Mexico.

Countertrading is ________ goods for goods.

NAFTA and the EU are both

As you prepare to work in a global economy, what will help you to more effectively communicate with and influence others?

Kyle, who owns a broom and mop factory, is considering global outsourcing. Using the definitions of global outsourcing and maquiladoras, describe the pros and cons for Kyle to consider before he makes his decision final.

Linda, the human relations manager, is having lunch with Kellyanne, who will be leaving to manage the company office in Hiroshima, Japan. As the bill for lunch comes, Linda asks Kellyanne if she is aware of tipping practices in Japan. Kellyanne says, "Yes, it is 15-20 percent." Linda thanks Kellyanne for the information and notes that she when she was in Europe, she learned that a 10% charge is added only for exceptional service. In both cases, Kellyanne is correct.

Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events & Adventures, in Germany. Events & Adventures will be totally owned and controlled by Fun Times, which makes Events & Adventures a ________ of Fun Times.

The ________ is the law that makes it illegal for employees of U.S. companies to make "questionable" or "dubious" contributions to political decision makers in foreign nations.