Deck 15: Managing Globalization

Question 1

What is one of the greatest difficulties that governments face in today's global economy,according to your textbook?

A)the huge tax avoidance schemes employed by the multinationals
B)how to ensure the competitiveness of their state so that they continue to attract business,while at the same time ensuring expenditure on things that strengthen social capital
C)whether its citizens are treated more as 'citizens' and provided with social goods such as health,education etc.as a result on entitlement due citizenship rights or whether its citizens are treated more as 'consumers' - and so charged for access to such social goods
D)all of these

Answer 1

D

Question 2

Reich (1991)identifies a broad range of globalized occupations and professions that he refers to as symbolic analysts.According to Reich,what does symbolic analysis entail?

A)It involves manipulating symbols to solve,identify and broker problems.
B)It simplifies reality into abstract images by rearranging,juggling,experimenting,communicating,and transforming symbols.
C)It involves transforming images through analytical tools such as mathematical algorithms,legal arguments,financial analysis,scientific principles,and psychological insights that persuade,amuse,induce,deduce,and address conceptual puzzles.
D)all of these

Answer 2

D

Question 3

Call centre workers are a good example of ______.

A)grunge workers
B)creative workers
C)expert symbolic analysts
D)modern factory workers

Answer 3

D

Question 4

According to chapter 15 of your textbook,what do recognizable brands such as Rolex,Porsche,and Chivas Regal represent?

A)that globalization spreads certain universal values and attachments through its global consumer products and brands
B)that globalization is about making the cost of production very cheap
C)that such products spread through globalization and symbolize success in almost any language or culture on earth
D)that globalization spreads certain universal values and attachments through its global consumer products and brands,and that such products spread through globalization and symbolize success in almost any language or culture on earth

Question 5

Which one of the following is not an impact of global production?

A)identity
B)the #me-too movement
C)sustainability
D)global relations between states

Question 6

What is the consequence for a company becoming global?

A)the more likely a company is to lose its own identity within a tangle of other companies,alliances and markets
B)the more likely a company is to ensure strong branding and culture to maintain its identity in foreign markets
C)the more likely it is that company must form alliances
D)all of these

Question 7

What changes has globalization brought to labour markets?

A)It creates a symbiotic demand for high value expert jobs as well as service work.
B)It has made wage costs,everywhere,more costly.
C)It has driven down wage costs across the globe.
D)It has led to the deskilling of labour as global firms search for the cheapest wage costs.

Question 8

Which one of the following is another term to refer to the symbolic analysts - whose occupations include lawyers,mathematicians,academics,research scientists,art directors,anthropologists etc.?

A)symbolic interactionists
B)the Ivory Tower
C)knowledge workers
D)brains

Question 9

What does Clegg (1999)argue is a consequence of international companies seeking to successfully innovate through globalization?

A)It can lead to injustices as employee's knowledge in one part of the world is used to deliver cheaper and more efficient manufacturing in another part of the world and then their jobs scrapped.
B)It provides employees in one part of the world with more power and prestige as their knowledge is critical in improving how things are done in another part of the world.
C)It leads to greater abilities for companies to access expertise,knowledge and skills from other parts of the world,that they are lacking in their own part of the world.
D)It provides employees in one part of the world with more power and prestige as their knowledge is critical in improving how things are done in another part of the world,and it leads to greater abilities for companies to access expertise,knowledge and skills from other parts of the world,that they are lacking in their own part of the world.

Question 10

Which of the following jobs would NOT be representative of a symbolic analyst,as conceptualized by Reich (1991)?

A)a mathematician
B)a psychology professor
C)an international lawyer
D)a Disneyland ride operator

Question 11

Globalization means the substitution of ______.

A)time for space
B)space for time
C)wealth for happiness
D)happiness for wealth

Question 12

Which one of the following is a consequence of globalization according to Harvey (1992)?

A)The financial system has achieved an unprecedented degree of autonomy from real production,becoming dominated by an economy of signs representing capital flow,rather than an economy of things.
B)The instantaneous representational possibilities afforded by new communication technologies enabled the globalization of capital flows.
C)The globalization of financial markets collapses time,creating instantaneous financial transactions in loans,securities and other innovative financial instruments.
D)all of these

Question 13

A young girl selling her services as a cleaner for a wealthy executive from a global company is an example of ______.

A)expert symbolic analysis
B)creative work
C)grunge jobs
D)sweatshop work

Question 14

Which of the following defines globalization?

A)tendencies to a worldwide reach,impact,or connectedness of social phenomena
B)a world-encompassing awareness among social actors
C)world-wide access to markets,cheap labour and cheap costs of production
D)tendencies to a worldwide reach,impact,or connectedness of social phenomena and a world-encompassing awareness among social actors

Question 15

Which one of the following is,according to chapter 15 of your textbook,characteristic of contemporary globalization?

A)the internationalization of financial markets and corporate strategies
B)the diffusion of technology,R&D,and knowledge worldwide
C)the emergence of global media
D)all of these

Question 16

Which one of the following statements reflects globalization as according to chapter 15 of your textbook?

A)Globalization is marked by the integration of deregulated markets with technology.
B)Globalization is facilitated by telecommunication and ease of transport.
C)Globalization helps organizations to enter new markets,exploit technological advantages,and reduce business costs and risks.
D)all of these

Question 17

According to your textbook,a fundamental tension exists between national governments and transnational companies,that tension being that ______.

A)Governance of the corporation,especially as a taxable entity,can frequently cut across governments of the territories within which it operates.
B)Many of the governments of the territories within which a corporation operates are corrupt,so the corporation operates under conditions of bribery and politics.
C)There is always the possibility that the corporate friendly conservative governments might be overthrown by anti-globalization socialist parties.
D)Governance of the corporation,especially as a taxable entity,can frequently cut across governments of the territories within which it operates,and there is always the possibility that the corporate friendly conservative governments might be overthrown by anti-globalization socialist parties.

Question 18

Which one of the following are arguments your textbook makes about the relationship between transnationals,wages,and taxes?

A)Transnationals do not,by and large,invest mainly in areas where wages and taxes are low.
B)Transnationals will be more likely to invest where wage costs and taxes are low.
C)Transnationals will tend to locate themselves in high wage cost,high rent,but globally connected cities like London,Sydney,New York,Singapore etc.
D)Transnationals do not,by and large,invest mainly in areas where wages and taxes are low and will tend to locate themselves in high wage cost,high rent,but globally connected cities like London,Sydney,New York,Singapore etc.

Question 19

According to Porter (1990)the most important competitive force in the global economy is ______?

A)the capacity for market share
B)the capacity for financial growth
C)the capacity for innovation
D)the capacity to globalize

Question 20

Which one of the following is a plausible example of national states still having control over globalization?

A)Poor nations have effectively resisted globalization by constantly refusing to reduce tax,occupational health and safety,industrial relations,and environmental barriers and regulations expected by global firms.
B)Digitalization drives globalization,making digital data easily available anywhere in the world,but national laws limit its reproduction.
C)Nation states now actively avoid globalization by refusing to trade beyond their own national boundaries,thus rendering global firms useless.
D)all of these

Question 21

Which of the following would NOT be an example of an act of global consciousness through organizations that can mobilize activity anywhere,anytime?

A)Greenpeace fighting for the animal rights of Canadian seals as easily as it can fight for the animal rights of Russian seals
B)Socialist Alliance members protesting the World Trade Organization in cities around the world
C)peace activist protesting against war by rallying in the streets of New York,London,Paris,Sydney,and Tokyo
D)McDonalds offering vegetarian meals in its restaurants

Question 22

According to chapter 15 of your textbook,financial calculations now constitute the primary criteria of value,even for mundane objects,practices,and processes is referred to as ______.

A)globalization
B)financialization
C)standardization
D)hegemonization

Question 23

Critically evaluate the impact of globalization on the nature of global jobs.

Question 24

Which one of the following in your textbook is not an expression of the emergence of a discourse of global rights?

A)the ecosystem (sustainability)
B)women
C)retribalization
D)animal welfare

Question 25

What is the basic premise of Barber's prophetic analysis of the globalization of American business and culture?

A)US-based interests will meet stubborn and deep-seated sources of local resistance,embedded in religious world views.
B)US-based interests will dominate the world,ridding the world of any cultural,religious,political diversity.
C)US-based interests will bring peace and democracy to previously undemocratic countries whose people are freedom-loving.
D)all of these

Question 26

What is globalization? What organization strategies facilitate its development?

Question 27

What does Harvey (1992)argue are the consequences of globalization?

Question 28

According to Barber (1996)where is globalization taking the world?

A)on a collision course between profit and health
B)on a collision course between McDonalds and KFC
C)on a collision course between McWorld and Jihad
D)on a collision course between the haves and have-nots

Question 29

Which of the following would chapter 15 of your textbook suggest as the most devastating consequences of the global gap between the winners and losers of world trade?

A)4 billion people live on less than $2 a day
B)the gap between the world's richest nations and the world's poorest nations is growing
C)The integrated world economy is not so integrated because it actively excludes those nations already on the periphery.
D)all of these

Question 30

Whom does Meyer (2000)identify as the real winners of globalization?

A)the unskilled labourers who are given work that pays more than local industry could ever afford
B)previously less developed countries being globalized because the transnational facilitates government spending on basic infrastructure
C)the scientists and professionals who operate on a global scale
D)all of these

Question 31

What interesting observation does Wood (1994)make about the effects of trade with developing countries on equality?

A)that trade with developing countries ensures the growth in wealth of the industrialized country as it makes wage costs cheaper and labour more efficient
B)that trade with developing countries actually creates inequality in the industrialized country by reducing demand for unskilled labour by more than 20%
C)that there is no rhyme or reason as to the effects of globalization on wealth and equality in either the developed or developing countries
D)that globalization always benefits the industrialized country and almost never the developing countries

Question 32

Theorists have argued that the future would be much more homogenous than the past and that the trajectory of future development would be toward convergence rather than divergence.Has this been the case with the development of globalization? Illustrate your answer with empirical cases.

Question 33

What does your textbook claim about the relationship between globalization and identity?

A)Everybody becomes like everyone else.
B)People become more aware of different ways of expressing themselves.
C)Globalization causes people to lose identity and creates depression.
D)Everyone becomes more revolutionary as they resist globalization.

Question 34

Global television means that ______.

A)everyone is exposed to the same version of the news
B)different version of the same story will be reflective of the fact that it is reproduced by broadcasters with different values
C)local television content will disappear
D)all of these

Question 35

What are the likely points of tension between states and corporations in the globalization process?

Question 36

What is meant by New Social Movements?

A)research and theory that argues for the importance of identity politics in the global era
B)organizations that often use the tools of globalization,to resist globalization,such as S11
C)new cultures and political movements that have emerged in response to globalization
D)all of these

Question 37

What,according to your textbook,is a paradoxical outcome of globalization?

A)that,as the world globalizes more and more,people are traveling less and less
B)that those who resist globalization the most are those that benefit from it the most
C)that there is a concentration of talent in clusters of world class expertise in specialist industries in different local economies around the world rather than a global diffusion of expertise
D)that globalization makes companies richer and employees poorer