Question 1

Grupo Bimbo, established in Mexico City, Mexico in 1945 as a small bread production and delivery company, now has more than 100 brands including :
A) Tia Rosa
B) Mrs. Baird's
C) Oroweat
D) All of the above are Grupo Bimbo brands

Accepted Answer

Grupo Bimbo owns a wide range of brands, including Tia Rosa, Mrs. Baird's, and Oroweat, making "All of the above" the correct choice.

Question 2

Grupo Bimbo's extensive _________________ creates a competitive advantage for the company.
A) distribution network
B) communication channels
C) product development
D) low cost

Accepted Answer

Grupo Bimbo's extensive distribution network allows it to efficiently deliver products to a wide range of markets, creating a competitive advantage by ensuring product availability and market penetration.

Question 3

Trade is now so important to the U.S. economy that __________ jobs depends on it.
A) one in three
B) one in four
C) one in six
D) one in ten

Accepted Answer

The answer of Trade is now so important to the...

Question 4

In a recent poll, most people identified _________ as the biggest threat to U. S. jobs.
A) increased imports
B) immigration
C) poor quality of domestic products
D) cheap foreign labor

Accepted Answer

Most people identified cheap foreign labor as the biggest threat to U.S. jobs, as it often leads to outsourcing and competition with lower-wage workers abroad.

Question 5

Since 1995, U.S. exports of goods and services have soared ______ percent, accounting for much of the overall growth in the economy.
A) 15
B) 25
C) 33
D) 45

Accepted Answer

The answer of Since 1995, U.S. exports of goods and...

Question 6

The globalization of business has placed a premium on ____________.
A) tariffs
B) information
C) free trade
D) worker fringe benefits

Accepted Answer

Globalization of business has increased the importance of information due to the need for companies to understand and adapt to diverse markets, manage operations across different countries, and communicate effectively in a global marketplace.

Question 7

______________ has created a new group of rapid-growth countries in Central and Eastern Europe.
A) The establishment of the European Union
B) The establishment of a common European currency, the Euro
C) NAFTA
D) The collapse of communism in 1989

Accepted Answer

The collapse of communism in 1989 led to significant political and economic transformations in Central and Eastern Europe, enabling these countries to transition towards market economies and experience rapid growth.

Question 8

As domestic policies in many foreign countries are becoming more market-oriented, governments are opening their countries to multinational trade and joining regional trade associations. This has led to the emergence of __________.
A) political forces that advocate a return to state-managed economies
B) new strategic partnerships of foreign and domestic organizations
C) corruption
D) NAFTA

Accepted Answer

The shift towards market-oriented policies and multinational trade encourages collaboration between foreign and domestic organizations, leading to new strategic partnerships.

Question 9

The people of many non-Western cultures, such as those of India, Saudi Arabia, and China, view change as __________.
A) rapid
B) slow
C) turbulent
D) stable

Accepted Answer

In many non-Western cultures, change is often viewed as a slow process, emphasizing tradition and continuity over rapid or turbulent shifts.

Question 10

Culture as it relates to __________ in India and Turkey are countries characterized by high uncertainty avoidance.
A) time orientation
B) value systems
C) economic systems
D) social change

Accepted Answer

The answer of Culture as it relates to __________ in...

Question 11

Which of the following statements is not true about Mexican society?
A) Mexicans feel threatened by uncertain and ambiguous situations.
B) Identifying yourself by title is considered rude.
C) Preserving harmony and saving face is important.
D) Consensus and social harmony is something to be sought.

Accepted Answer

In Mexican society, it is not considered rude to identify oneself by title; in fact, titles are often used as a sign of respect and acknowledgment of one's professional or social status.

Question 12

Erin Hyslop works for a company and is compensated on an hourly basis. Her manager has asked her to be more conscientious about her individual productivity and punctuality. Hyslop probably works for a __________ company.
A) Mexican
B) U.S.
C) Chinese
D) British

Accepted Answer

In the U.S., there is a strong emphasis on individual productivity and punctuality in the workplace, reflecting cultural values of efficiency and time management.

Question 13

Tony Escabar has received many written and verbal warnings due to excessive tardiness. His philosophy is best characterized as mañana. Escabar's work ethic could probably be attributed to his __________ culture.
A) Japanese
B) Chinese
C) Mexican
D) British

Accepted Answer

The term "mañana" is often associated with a relaxed attitude towards time and deadlines, which is stereotypically linked to Mexican culture.

Question 14

Although their attitude is changing, for many managers in Mexico, time commitments are considered ___________________.
A) desirable but not binding
B) undesirable
C) not binding
D) binding

Accepted Answer

The answer of Although their attitude is changing, for many...

Question 15

______________ serve(s) to bind as well as to separate cultures.
A) The Euro
B) Language
C) Quotas
D) Status systems

Accepted Answer

Language serves to bind cultures by facilitating communication and shared understanding, while also separating them due to different languages and dialects.

Question 16

Matthew Hansen's habit of putting his feet up on the desk during meetings will be perceived as an insulting nonverbal gesture by his __________ coworkers.
A) German
B) Mexican
C) Japanese
D) Jordanian

Accepted Answer

The answer of Matthew Hansen's habit of putting his feet...

Question 17

In Mexico, managers are used to giving only ___________ to their employees and to expressing views that only agree with their bosses.
A) positive feedback
B) constructive criticism
C) candid information
D) abrupt dialogue

Accepted Answer

In Mexico, the cultural norm in management often involves giving positive feedback to maintain harmony and respect, rather than offering criticism or disagreement.

Question 18

When Coca-Cola first marketed Coke in China in the 1920s, it developed a group of Chinese characters that when translated meant ______________.
A) bring your ancestors back from the dead
B) bite the wax tadpole
C) our drink leaves you nothing to hope for
D) get loose with our drink

Accepted Answer

The group of Chinese characters chosen by Coca-Cola when they first marketed Coke in China was translated to "bite the wax tadpole." This was due to a lack of a proper phonetic equivalent in Chinese, leading to an unintended and nonsensical translation.

Question 19

In __________, clocks, straw sandals, and the colors white, blue, and black are associated with death.
A) China
B) Brazil
C) Mexico
D) Sweden

Accepted Answer

In China, these items and colors have specific associations with death and mourning. Clocks symbolize the end of time or life, making them an inappropriate gift. Straw sandals are traditionally worn by the deceased. White is the color of mourning in China, while blue and black are also associated with death and funerals.

Question 20

Americans prefer _________ power distances, and Mexicans are comfortable with ____________ power distances.
A) large, moderate
B) small, moderate
C) large, small
D) small, large

Accepted Answer

Americans generally prefer smaller power distances, meaning they favor less hierarchical, more egalitarian relationships. Mexicans, in contrast, are more comfortable with larger power distances, which means they are more accepting of hierarchical structures and unequal distributions of power.

Quiz 5: Managing Globally

Grupo Bimbo, established in Mexico City, Mexico in 1945 as a small bread production and delivery company, now has more than 100 brands including :

Grupo Bimbo's extensive _________________ creates a competitive advantage for the company.

Trade is now so important to the U.S. economy that __________ jobs depends on it.

In a recent poll, most people identified _________ as the biggest threat to U. S. jobs.

Since 1995, U.S. exports of goods and services have soared ______ percent, accounting for much of the overall growth in the economy.

The globalization of business has placed a premium on ____________.

______________ has created a new group of rapid-growth countries in Central and Eastern Europe.

As domestic policies in many foreign countries are becoming more market-oriented, governments are opening their countries to multinational trade and joining regional trade associations. This has led to the emergence of __________.

The people of many non-Western cultures, such as those of India, Saudi Arabia, and China, view change as __________.

Culture as it relates to __________ in India and Turkey are countries characterized by high uncertainty avoidance.

Which of the following statements is not true about Mexican society?

Erin Hyslop works for a company and is compensated on an hourly basis. Her manager has asked her to be more conscientious about her individual productivity and punctuality. Hyslop probably works for a __________ company.

Tony Escabar has received many written and verbal warnings due to excessive tardiness. His philosophy is best characterized as mañana. Escabar's work ethic could probably be attributed to his __________ culture.

Although their attitude is changing, for many managers in Mexico, time commitments are considered ___________________.

______________ serve(s) to bind as well as to separate cultures.

Matthew Hansen's habit of putting his feet up on the desk during meetings will be perceived as an insulting nonverbal gesture by his __________ coworkers.

In Mexico, managers are used to giving only ___________ to their employees and to expressing views that only agree with their bosses.

When Coca-Cola first marketed Coke in China in the 1920s, it developed a group of Chinese characters that when translated meant ______________.

In __________, clocks, straw sandals, and the colors white, blue, and black are associated with death.

Americans prefer _ power distances, and Mexicans are comfortable with ____ power distances.