Question 1

The most powerful technological innovation to influence business in the past decade has been the rise of the knowledge worker.

Accepted Answer

The most powerful technological innovation influencing business in the past decade has been the advancement and integration of artificial intelligence (AI) and machine learning technologies, significantly transforming operations, data analysis, and decision-making processes across various industries.

Question 2

Moral responsibility refers to a business firm's obligation to pursue long- term goals that are good for society.

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Question 3

Describe three types of contingent workers.

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Question 4

Traditional approaches to studying international business have sought to advance specific principles for each culture.

Accepted Answer

Traditional approaches to studying international business have often emphasized universal principles that apply across cultures, rather than advocating for specific principles unique to each culture.

Question 5

Hofstede's research demonstrated that there are relatively few major differences in values between employees from different national cultures.

Accepted Answer

Hofstede's research identified significant differences in values and cultural dimensions across different national cultures, highlighting how these differences can impact workplace behaviors and management practices.

Question 6

Only 67% of Fortune 1000 companies have a stated code of ethics.

Accepted Answer

A higher percentage of Fortune 1000 companies have a stated code of ethics, as it is considered a standard practice in corporate governance to have such codes to guide ethical decision-making and behavior within organizations.

Question 7

E- commerce is the full breath of activities included in a successful Internet- based business.

Accepted Answer

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Question 8

According to the Globe Ratings of Leadership, the United States has high ratings on assertiveness.

Accepted Answer

The GLOBE study, which assesses cultural dimensions and leadership attributes across various countries, has indeed found that the United States scores high on assertiveness, reflecting a cultural tendency towards directness, competitiveness, and the pursuit of individual goals.

Question 9

As manager of Xithropy, Inc. you may become regularly confronted with decisions that have a dimension of social responsibility. Examples of major factors would be decisions about distribution, advertising, employee insurance, or length of workweek.

Accepted Answer

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Question 10

The silicon chip has permanently altered the economics and the ability of computers to communicate with each other.

Accepted Answer

The silicon chip, by significantly reducing the size and cost of computing power while increasing performance, has fundamentally changed the economics of computing. It has enabled the widespread adoption of computers and the internet, facilitating unprecedented levels of communication between computers globally.

Question 11

"Quality of life" refers to cultures that value things such as assertiveness and the acquisition of money and material goods.

Accepted Answer

"Quality of life" typically refers to the general well-being of individuals and societies, focusing on life satisfaction, including factors like health, comfort, and happiness, rather than material wealth or assertiveness.

Question 12

Brown Company plans to layoff five employees to meet organizational goals. Whittier, Inc. is attempting to create a more efficient operation through extreme layoffs of 27 employees. Whittier, Inc. is practicing rightsizing.

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Question 13

Discuss Hofstede's cultural dimensions.

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Question 14

How do the stages of globalization impact organizations?

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Question 15

Today, blue- collar industrial workers account for over 40% of the United States workforce.

Accepted Answer

As of the most recent data, blue-collar industrial workers make up a smaller portion of the U.S. workforce, significantly less than 40%, due to shifts towards a service-oriented economy and technological advancements reducing the need for traditional blue-collar jobs.

Question 16

From the late 1800's until the 1960's, all economies were agrarian.

Accepted Answer

During this period, many economies transitioned from primarily agrarian to industrial and service-oriented, especially in Western Europe, North America, and parts of Asia. The Industrial Revolution, which began in the late 18th century, significantly transformed economic structures well before the 1960s.

Question 17

Cyclical labor trends are difficult to predict.

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Question 18

How can organizations make the customer king?

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Question 19

Collectivism is the degree to which people in a country act as individuals rather than members of a group.

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Question 20

The Theory of Justice view of ethics refers to a situation in which an individual imposes and enforces rules fairly and impartially.

Accepted Answer

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Quiz 2: The Management Environment