Question 1

According to Hofstede, what are the five basic dimensions of culture?

Accepted Answer

The answer of According to Hofstede, what are the five...

Question 2

What are challenges managers face with the controlling function when managing across multiple countries?

Accepted Answer

The answer of What are challenges managers face with the...

Question 3

The European Union is an example of an international market agreement.

Accepted Answer

The European Union is a regional organization which created a single market among its member states, allowing for the free movement of goods, services, capital, and people within its borders. Therefore, it is an example of an international market agreement.

Question 4

Organizations headquartered in Pakistan train their employees in order to enable them to tackle the job that has to be performed immediately. The managers also prefer maintaining a day-to-day perspective. Pakistan is a good example of a ________.
A) highly individualistic society
B) highly feminine society
C) short-term oriented society
D) low power distance society
E) low uncertainty avoidance society

Accepted Answer

The statement suggests that organizations in Pakistan have a short-term perspective, which means they prioritize immediate tasks and results over long-term planning. This indicates a short-term oriented society. Choice A (individualistic) and B (feminine) cannot be determined based on the given information. The statement does not provide information on power distance or uncertainty avoidance, so options D and E cannot be selected.

Question 5

Managers with an ethnocentric attitude are prone to stereotype foreign management practices as faulty and unreasonable.

Accepted Answer

Ethnocentric managers believe that their own culture and practices are superior to others, leading them to view foreign practices as inferior or faulty. This can result in stereotyping and bias towards foreign management practices.

Question 6

Discuss the value Hofstede's cultural dimensions offer to management of multinational organizations.

Accepted Answer

The answer of Discuss the value Hofstede's cultural dimensions offer...

Question 7

In Jonovia, employees do not like to be in a situation they know nothing about. They like to be informed about every situation they are likely to face. It can be deduced that Jonovia is a society that has ________.
A) feminine values
B) long-term orientation
C) low power distance
D) high uncertainty avoidance
E) high individualism

Accepted Answer

The fact that employees in Jonovia like to be informed about every situation they may face suggests that they have a high level of uncertainty avoidance. This means that they prefer predictability, structure, and clear rules to minimize the possibility of unexpected events or ambiguous situations.

Question 8

Yoplait offered a ________ to General Mills to produce its yogurt products in the United States.
A) direct investment
B) license agreement
C) joint venture
D) international market agreement
E) multinational corporation

Accepted Answer

Yoplait offered a license agreement to General Mills, which allowed General Mills to produce and distribute Yoplait's yogurt products in the United States under the Yoplait brand name. This type of agreement typically involves a fee paid by the licensee to the licensor for the use of their intellectual property.

Question 9

In South Korean society, business success is pursued through people who work as a team. Managers believe that good interpersonal relationships among the members of a team are a must for success. What can be deduced from this?
A) South Korean society has a long-term orientation.
B) South Korea has high power distance.
C) South Korea is low on uncertainty avoidance.
D) South Korea has strong masculine values.
E) South Korea is a collectivist culture.

Accepted Answer

The emphasis on teamwork and the importance placed on interpersonal relationships in South Korean society points towards a collectivist culture. In collectivist cultures, relationships and group harmony are highly valued and people are encouraged to work together towards a common goal. This is in contrast to individualist cultures, where people tend to prioritize individual goals and achievements over group harmony.

Question 10

Geert Hofstede's research has been instrumental in understanding how culture across nations vary. Mexico and France valuing autocratic leadership is a reflection of which one of the following Hofstede cultural dimensions?
A) power distance
B) uncertainty avoidance
C) individualism and collectivism
D) masculinity and femininity
E) short- and long-term orientation

Accepted Answer

Geert Hofstede's research identified six cultural dimensions, one of which is power distance. Power distance refers to the extent to which less powerful members of a society accept and expect that power is distributed unequally. High power distance societies value autocratic leadership, while low power distance societies prefer decentralized power and participative decision making. The fact that both Mexico and France value autocratic leadership suggests that they have a high power distance culture.

Question 11

When Japanese-based Ricoh Company decided to spend $3 million to begin manufacturing thermal paper products in Atlanta, Georgia, they began operating multinationally through a/an ________.
A) direct investment
B) license agreement
C) joint venture
D) international market agreement
E) multinational corporation

Accepted Answer

Direct investment involves a company from one country making a physical investment in another country, such as building a manufacturing plant or acquiring a foreign company. Ricoh Company's decision to begin manufacturing in Atlanta indicates that they made a direct investment. Choice B, license agreement, involves giving permission for one company to use another company's product or technology. Choice C, joint venture, involves two or more companies from different countries joining together to form a new entity. Choice D, international market agreement, is not a commonly used term in business and doesn't accurately describe Ricoh Company's situation. Choice E, multinational corporation, is a broader term that describes any company that operates in multiple countries, but does not specify the type of investment made.

Question 12

A(n) ________ organization considers national borders to be inconsequential to its operations, with ownership, control, and management being from many different countries.
A) international
B) regional
C) pan-national
D) transnational
E) domestic

Accepted Answer

A transnational organization operates in multiple countries without any one country being the center of its operations. The management, control, and ownership are distributed across different countries, and national borders are inconsequential to its operations.

Question 13

Which of the following is true according to Hofstede's method of describing culture?
A) Countries with low power distance tend to emphasize, expect, and accept more autocratic than democratic leadership.
B) Highly feminine countries place a high worth on factors like competitiveness, assertiveness, success, and wealth.
C) Power distance is the extent to which a society feels threatened by uncertain or unpredictable situations.
D) Countries that are high in uncertainty avoidance prefer being in more defined and predictable situations.
E) Countries with low uncertainty avoidance deemphasize short-run success to achieve long-run success.

Accepted Answer

According to Hofstede's method, uncertainty avoidance is the extent to which a society feels threatened by uncertain or unpredictable situations. Countries that are high in uncertainty avoidance prefer being in more defined and predictable situations.

Question 14

France is a country where employees tend to follow whatever their managers say. They do not question the authority of their managers. Which of the following statements can be deduced from this information?
A) France has a culture that promotes masculinity.
B) France is a country where short-term orientation is prevalent.
C) France is a country with high power distance.
D) France is a society with low uncertainty avoidance.
E) French society promotes individualism.

Accepted Answer

The information provided suggests that employees in France do not question the authority of their managers, indicating a high power distance. A, B, and E are not supported by the information given. While the information does not provide insight into uncertainty avoidance, it does not suggest that France promotes low uncertainty avoidance.

Question 15

The management of a company decides to take corrective action in the way they have been comparing profits generated by organizational units located in different countries and decides to represent it in terms of different currencies. Which of the following management functions is being performed here?
A) planning
B) influencing
C) controlling
D) organizing
E) leading

Accepted Answer

The management is performing a controlling function by taking corrective action to improve the way profits are compared across organizational units located in different countries. Controlling involves measuring performance against standards and taking corrective action to ensure goals are achieved.

Question 16

________ is the degree to which people in a society operate primarily as individuals or within groups.
A) Uncertainty avoidance
B) Power distance
C) Collectivism
D) Masculinity
E) Femininity

Accepted Answer

Collectivism refers to the degree to which individuals are integrated into groups or society as a whole. In collectivist cultures, people tend to prioritize group harmony and interdependence over individual achievement or autonomy. This is opposed to individualism, where individuals prioritize their own goals and autonomy over group harmony. Therefore, collectivism is the dimension that measures the degree to which people operate primarily within groups or as individuals.

Question 17

Japan has a society that values competitiveness and assertiveness over nurturing others and improving their quality of life. The people believe that success and wealth are very important. Japan is said to have a society that ________.
A) emphasizes masculine values
B) has short-term orientations
C) has high power distance
D) is low on uncertainty avoidance
E) emphasizes collectivism

Accepted Answer

The statement mentions that Japan values competitiveness and assertiveness, which are traditionally seen as masculine values. Therefore, A - emphasizes masculine values - is the best choice. The other options (B, C, D, and E) are not supported by the given statement.

Question 18

The European Union, NAFTA, and APEC are all examples of a/an ________.
A) direct investment
B) license agreement
C) joint venture
D) international market agreement
E) multinational corporation

Accepted Answer

The European Union, NAFTA, and APEC are all examples of international market agreements, as they are agreements between countries to facilitate trade and economic cooperation. Direct investment, license agreements, joint ventures, and multinational corporations are all business strategies that may be used within these international market agreements, but they are not the same as the agreements themselves.

Question 19

Transnational organizations are also called ________.
A) global corporations
B) multinational corporations
C) international corporations
D) domestic corporations
E) pan-national corporations

Accepted Answer

The answer of Transnational organizations are also called ________.
A) global...

Question 20

________ in multinational corporations requires that standards be set, performance be measured and compared to standards, and corrective action be taken if necessary.
A) Planning
B) Organizing
C) Leading
D) Controlling
E) Influencing

Accepted Answer

Controlling involves setting standards, measuring performance, and taking corrective action if necessary. This is especially important in multinational corporations where operations are spread across various locations and there needs to be consistency in performance and adherence to company standards. Planning, organizing, and leading are also important functions in multinational corporations, but they do not specifically address the need for controlling operations. Influencing is not one of the four functions of management.

Quiz 4: Managing in the Global Arena

According to Hofstede, what are the five basic dimensions of culture?

What are challenges managers face with the controlling function when managing across multiple countries?

The European Union is an example of an international market agreement.

Organizations headquartered in Pakistan train their employees in order to enable them to tackle the job that has to be performed immediately. The managers also prefer maintaining a day-to-day perspective. Pakistan is a good example of a ________.

Managers with an ethnocentric attitude are prone to stereotype foreign management practices as faulty and unreasonable.

Discuss the value Hofstede's cultural dimensions offer to management of multinational organizations.

In Jonovia, employees do not like to be in a situation they know nothing about. They like to be informed about every situation they are likely to face. It can be deduced that Jonovia is a society that has ________.

Yoplait offered a ________ to General Mills to produce its yogurt products in the United States.

In South Korean society, business success is pursued through people who work as a team. Managers believe that good interpersonal relationships among the members of a team are a must for success. What can be deduced from this?

Geert Hofstede's research has been instrumental in understanding how culture across nations vary. Mexico and France valuing autocratic leadership is a reflection of which one of the following Hofstede cultural dimensions?

When Japanese-based Ricoh Company decided to spend $3 million to begin manufacturing thermal paper products in Atlanta, Georgia, they began operating multinationally through a/an ________.

A(n) ________ organization considers national borders to be inconsequential to its operations, with ownership, control, and management being from many different countries.

Which of the following is true according to Hofstede's method of describing culture?

France is a country where employees tend to follow whatever their managers say. They do not question the authority of their managers. Which of the following statements can be deduced from this information?

________ is the degree to which people in a society operate primarily as individuals or within groups.

Japan has a society that values competitiveness and assertiveness over nurturing others and improving their quality of life. The people believe that success and wealth are very important. Japan is said to have a society that ________.

The European Union, NAFTA, and APEC are all examples of a/an ________.

Transnational organizations are also called ________.

________ in multinational corporations requires that standards be set, performance be measured and compared to standards, and corrective action be taken if necessary.