Question 1

A(n)____________________ is a special type of strategic alliance in which the partners share in the ownership of an operation on an equity basis.

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Question 2

Supervising a group of five managers,each of whom is from a different state in the United States,is likely to be much ____________________ than supervising a group of five managers,each of whom is from a different culture.

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Question 3

People in cultures with ____________________ are stimulated by change and thrive on new opportunities.

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Question 4

Flat organizations tend to have power ____________________.

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Question 5

The management functions that constitute the framework for this book ____________________,____________________,____________________,and ____________________⎯are just as relevant to international managers as to domestic managers.

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Question 6

The ____________________ was first negotiated following World War II in an effort to avoid trade wars that would benefit rich nations and harm poorer ones.

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Question 7

Most small businesses rely on simple ____________________ or ____________________ operations (or both)for their international sales.

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Question 8

A country's minerals,oil and forests are a part of the ____________________ environment.

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Question 9

What trends are developing in international business?

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Question 10

Quotas are the most common form of ____________________.

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Question 11

Political instability and tremendous cultural differences combine to make doing business in many parts of the ____________________ both very risky and very difficult.

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Question 12

People who adopt ____________________ place a higher value on social relationships,quality of life,and concern for others.

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Question 13

Enhanced control and existing infrastructure are advantages of the ____________________ approach to internationalization.

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Question 14

In countries with higher levels of ____________________,many workers may prefer reward systems that link pay with the performance of individual employees.

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Question 15

A regional currency crisis slowed growth in the late 1990s in the market system of ____________________.

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Question 16

The United States and Germany tend to have an intermediate ____________________ orientation.

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Question 17

Riots in Egypt,Libya,and Syria changed the political legal environment for business because of a decrease in ____________________.

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Question 18

MNC stands for ____________________.

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Question 19

Religion is part of the ____________________ environment that affects firms operating in the international environment.

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Question 20

A set of countries that agree to significantly reduce or even eliminate ____________________ among member nations is referred to as an international economic community.

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Quiz 5: Navigating the Global Environment