Q&A Hero

Q: Hofstede based his ratings on the traits of people of different nationalities with whom he was personally acquainted.

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Q: Future orientation is a measure of how successful a society is at delaying gratification.

Q: There is little evidence that managers of major organizations ever fail to act responsibly and ethically.

Q: Cultures with a high assertiveness rating tend to have people who are timid and shy.

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Q: A society with high uncertainty avoidance relies on rules and trusts its social institutions to deal with an uncertain future.

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Q: The United States is an example of a country with small power distance.

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Q: According to Hofstede, countries such as Singapore and Japan are more collectivist than the United States.

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Q: French organizations have a very different view of status than American organizations.

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Q: Managers with a parochial view of the world tend to see things from the point of view of a foreign culture.

Q: Which of the following best defines sustainability for a company?A) running the company with a strategy that is both profitable and good for the environmentB) running the company with a strategy that is profitable whether or not it is good for the environmentC) running the company with a strategy that is good for the environment even if it is not profitableD) running the company with a strategy that does not change the environment in any way

Q: In a strategic alliance, companies join together to form a separate entity to produce a product.

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Q: Licensing and franchising typically follow the export-import phase of globalization.

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Q: After the global sourcing stage, companies that are going global often turn to exporting and importing goods across international borders.

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Q: When organizations go global, they often start by simply exporting products to one or more foreign countries.

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Q: Transnational corporations run their businesses from their home country.

Q: The argument against social responsibility that states that pursuing goals other than making profits diverts a company away from its primary goal of making profits is known as ________.A) possession of resourcesB) too much powerC) lack of skillsD) dilution of purpose

Q: John Deere is an example of a multidomestic company.

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Q: Sony is an example of a multidomestic company.

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Q: Multinational corporations maintain significant operations in two or more countries simultaneously.

Q: Most studies have shown that companies that engage in social involvement ________.A) receive a small positive benefitB) receive an enormous positive benefitC) experience a small negative effectD) experience an enormous negative effect

Q: An organization that hires employees from other countries but does not obtain financing from a foreign source cannot be considered global.

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Q: An organization can be considered "global" simply if it carries out trade with other countries.

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Q: The boundaries of the global village are drawn by the major economic powersthe United States, China, and Japan.

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Q: The strength of global supply chains is clearly illustrated by their response to such events as unrest in the Middle East or an earthquake in Japan.

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Q: Global supply chains are similar to biological systems in being resilient and resistant to change but surprisingly vulnerable at the same time.

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Q: One of the reasons the public believes business leaders are more unethical is the attention it receives in the press.

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Q: The reality is that managers are more unethical than in the past.

Q: Social responsiveness refers to the capacity of a firm to ________.A) address some pressing public needB) follow all government regulationsC) differentiate between right and wrongD) be a role model for other organizations

Q: A common myth is that managers are less ethical today than in the past.

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Q: Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited. In Denmark Jana met people who marveled about the ability of Americans to be so "bold" and flexible when it came to making decisions about the future, while the Danish tended to rely on rules when facing uncertainty. How would you characterize this trait that Americans appear to have? A) low uncertainty avoidance B) high uncertainty avoidance C) high power distance D) individualistic

Q: When a company does the minimum that the law requires, it is meeting its ________.A) social responsiveness goalB) economic responsibilityC) ethical responsibilityD) social obligation

Q: Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited. In Venezuela Jana found that people tended to show great deference toward their superiors. When meeting with one higher-up, she noticed that the local managers seemed to exhibit extremely obsequious behavior. How would you characterize this trait? A) future oriented B) high uncertainty avoidance C) low power distance D) high power distance

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Q: Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited. In Greece Jana visited a pharmaceutical operation. She found that managers there were charming but not at all shy. If they thought they were right they tended to be aggressive and confrontational. How would you characterize this trait? A) high uncertainty avoidance B) assertive C) future oriented D) low uncertainty avoidance

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Q: A Different View (Scenario)Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a finance operation in Singapore, a pearl company in Japan, and many other venues. She now has collected her thoughts about the various places she visited.In Mexico and Japan, Jana noticed that it seemed easy to convince people to work together for the good of the group. How would you characterize this trait?A) collectivistB) individualistC) humaneD) assertive

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Q: Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations. A game company in Thailand wants TJ Soft to join it and work together to create a new game that bears the brand name of both companies. What would be an appropriate approach for this venture? A) global strategic alliance B) licensing agreement C) joint venture D) franchise

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Q: Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations. A firm in South America wants to open a TJ Store in a shopping mall. What is the best approach for this firm? A) strategic alliance B) licensing agreement C) franchise D) foreign subsidiary

Q: A company that meets its social obligation ________.A) fulfills its economic responsibilities onlyB) fulfills its legal and economic responsibilities onlyC) goes beyond its legal and economic responsibilities and responds to some pressing social needD) does not need to obey local laws

Q: Software Entrepreneurial Venture (Scenario)Theodore and James have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers. Their company, which includes TJ Soft stores, is looking for opportunities in the future that include international operations.A foreign company wants to be able to copy and manufacture TJ Soft programs and sell them in its stores. What would be an appropriate approach for them to use?A) licensingB) franchisingC) rentingD) appropriating

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Q: As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers. Shana's company hopes to become a fully global corporation in the coming years. Which of the following would best indicate that the company is fully "global"? A) exporting and importing B) licensing C) setting up a foreign subsidiary D) franchising

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Q: As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers. Shana's company "went global" several years ago. Which of the following was likely to have been the first step it took in going global? A) outsourcing B) importing C) exporting D) licensing

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Q: As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers. Shana is considering forming a partnership with a Dutch corporation that will create an entirely new company called Half Moon. What kind of enterprise will Half Moon be? A) a multidomestic corporation B) a foreign subsidiary C) a joint venture D) a domestic subsidiary

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Q: As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers. If Shana's company reorganizes based on industry groups with no designated home country, the entire organization would be considered a ________. A) transnational organization B) strategic alliance C) multidomestic corporation D) global corporation

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Q: As a business expansion director, Shana's goal is to scout potential locations for her company's planned expansion to other countries. There are many options, some of which include maintaining the business's head office in the United States. Other options send company representatives to foreign operations when necessary, or establishing separate operation facilities abroad and hiring locals as managers. If Shana's company decides to open a new operation in Germany that has local managers and is run locally but still exists under the umbrella of the home company, it would be considered a ________. A) national corporation B) borderless organization C) trade alliance D) multidomestic corporation

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Q: Which of the following dimensions from the GLOBE framework has no equivalent counterpart in Hofstede's framework? A) gender differentiation B) humane orientation C) future orientation D) individualism/collectivism

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Q: Which feature of Hofstede's work lends the study a great deal of validity? A) It measured attitudes of IBM employees. B) It measured attitudes of many successful people. C) The survey was carried out in the 1970s. D) It surveyed 116,000 people.

Q: In a short essay, explain the differences between a multidomestic corporation, a global corporation, and a transnational corporation.

Q: ________ on Hofstede's dimensions of natural culture is an attribute that describes how materialistic a society is. A) Power distance B) Quality of life C) Quantity of life D) Individualism

Q: In a society with high ________ on GLOBE, you would expect members of a corporation to have a strong identification with the corporation. A) gender differentiation B) future orientation C) in-group collectivism D) humane orientation

Q: Societies with a high assertiveness rating on GLOBE would tend to be ________. A) passive B) excessively polite C) competitive D) uncertain