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Exam 6: International Management

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Question 61

True/False

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Exporting offers scale economies.

A) True
B) False

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Question 62

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Transnational companies

A) require effective communication and coordination networks among subsidiaries.
B) realize pressures for local responsiveness and cost economies.
C) may centralize production facilities in one location and marketing functions in separate locations.
D) must effectively transfer core skills or know-how.
E) do all of the above.

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

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Question 63

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Scenario D. Alfredo is a manager from the U. S. who believes that every person is responsible for him/herself. Bernie is the employee who questions everything - not just the decision made but whether or not the decision-maker should have made the decision. In the U.S., where Ed works, he and his teammates value the amount of money they each make as a sign of success. Sarah took a leave of absence from her job to become a stay-at-home mom for a few years. Once her child is in school, she plans to return to work, even if it is in a job that is not at the level she was before becoming a mother. -Alfredo can be best described as viewing cultural differences along Hofstede's dimension of

Scenario A. Suppose you are a consultant for three companies with international operations. Each of them has selected a different global strategy. Alpha Company uses their established skills in producing widgets which they will sell in foreign markets. Beta Company produces locally-targeted wines for which they have built specialized plants in each local region. Gamma Company has a single worldwide corporate headquarters from which they centrally manage the entire company's operations. Finally, Delta company is located in Wazomia where wages are quite low, and produces large pieces of widgets that are fairly easy to manufacture, requiring little employee skill level. These pieces are then sent to its locations abroad to be finished by a more skilled workforce taking into account the customs and benefits desired by each of those particular populations. -Which global strategy is Gamma Company using?

A disadvantage of a multinational model is that

Explain the consequences of the increasing integration of the global economy.

Parent-company nationals who are sent to work at a foreign subsidiary are known as expatriates.

Cross-cultural management extends beyond U.S.employees going abroad.

Which country does the text describe as becoming the largest producer and consumer of many of the world's goods?

To be competitive in a global economy,Europeans must increase their level of

Exporting is

A disadvantage of entering global competition through a joint venture is

One reason for repatriation is disappointment with unfulfilled expectations.

Transnational companies are companies that produce products in one country and export these products to many overseas countries.

The trend away from using expatriates in top management positions is especially apparent in companies trying to create a(n) __________ culture.

Samantha has just agreed to participate in her first expatriate experience.The first thing her employer should do is

Individuals sent from a company's parent country to work in overseas operations are referred to as

Scenario A. Suppose you are a consultant for three companies with international operations. Each of them has selected a different global strategy. Alpha Company uses their established skills in producing widgets which they will sell in foreign markets. Beta Company produces locally-targeted wines for which they have built specialized plants in each local region. Gamma Company has a single worldwide corporate headquarters from which they centrally manage the entire company's operations. Finally, Delta company is located in Wazomia where wages are quite low, and produces large pieces of widgets that are fairly easy to manufacture, requiring little employee skill level. These pieces are then sent to its locations abroad to be finished by a more skilled workforce taking into account the customs and benefits desired by each of those particular populations. -Which global strategy is Delta Company using?

Scenario C. Marion is an American and has just accepted an international assignment in Sweden. On her first day in the office, she met several new colleagues. Lars is the manager of the office and is a Swedish citizen; he has been with the company for five years. Sylvie is from France and has also just come to Sweden to work for the company, which is based in the United States. -Sylvie would be referred to as a(n)

Discuss how culture plays out in terms of ethical behavior.What can organizations do to manage these issues more effectively?