Question 1

The smile is one form of communication that works the same worldwide.

Accepted Answer

Smiling is a universal expression of happiness and friendliness that is understood regardless of language or culture.

Question 2

A ritual is a standardized, detailed set of techniques and behaviors that manage anxieties but seldom produce intended, technical consequences of practical importance.

Accepted Answer

Rituals often serve to alleviate anxiety, but are typically not focused on producing practical outcomes.

Question 3

In China, business behaviors revolve around guanxi, or personal relations.

Accepted Answer

In China, guanxi, or personal relations, play a crucial role in business dealings and decision-making. Building and maintaining strong relationships with individuals and organizations through mutual favours, gift-giving, and networking is considered a fundamental part of successful business behaviour.

Question 4

An internal audit task force of managers could be charged with determining a specific number usually 10 to 20) of the most important strengths and weaknesses.

Accepted Answer

This statement is true. An internal audit task force of managers could be charged with determining a specific number of the most important strengths and weaknesses, usually ranging from 10 to 20.

Question 5

Cultural products include values, beliefs, stories, and language.

Accepted Answer

Cultural products refer to various aspects of culture, including but not limited to values, beliefs, stories, and language.

Question 6

Organizing is the cornerstone of effective strategy formulation.

Accepted Answer

The answer of Organizing is the cornerstone of effective strategy...

Question 7

The only certain thing about the future of any organization is change.

Accepted Answer

Change is inevitable in any organization, and it is important to anticipate and adapt to these changes in order to remain successful.

Question 8

Allocating resources is one of the five basic activities functions) performed by managers.

Accepted Answer

The answer of Allocating resources is one of the five...

Question 9

The process of performing an internal audit, compared to the external audit, provides more opportunity for participants to understand how their jobs, departments and divisions fit into the whole organization.

Accepted Answer

Internal audits involve employees within the organization performing the audit, providing them with a deeper understanding of how their roles and functions fit into the overall processes and objectives of the organization. External audits, on the other hand, are performed by independent third-party auditors who may have limited knowledge of the organization or its specific operations.

Question 10

Opportunities are a firm's distinctive competencies that cannot be easily matched or imitated by competitors.

Accepted Answer

The answer of Opportunities are a firm's distinctive competencies that...

Question 11

The U.S. understanding of Far Eastern cultures is a strength its firms have in competing with Pacific Rim firms.

Accepted Answer

This statement is false. While the U.S. may have some understanding of Far Eastern cultures, it is not necessarily a strength that gives American firms an advantage over Pacific Rim firms in competing in this region. Other factors such as cost competitiveness, innovation, and adaptability are often more important in determining success in the Pacific Rim market.

Question 12

Metaphors are handed-down narratives of some wonderful event that is based on history but has been embellished with fictional detail.

Accepted Answer

The statement describes a legend, not a metaphor. A metaphor is a figure of speech that involves an implicit comparison between two unlike things.

Question 13

In the U.S., personal achievement and accomplishments are more important than time spent with the family and the quality of relationships espoused by some cultures.

Accepted Answer

In some parts of the U.S., there is a cultural emphasis on personal achievement and success, which can sometimes come at the expense of time spent with family and social relationships. Of course, this is not true for all individuals or communities within the U.S., and there are many who prioritize building strong relationships with loved ones. However, compared to some other cultures where family and social connections are highly valued, American culture does tend to place a greater emphasis on individual achievement.

Question 14

In the United States, an amicable relationship is often mandatory before conducting business.

Accepted Answer

While having an amicable relationship can certainly be helpful in conducting business, it is not a mandatory requirement. Business can still be done professionally and effectively without a prior relationship.

Question 15

In China, to show that you enjoyed your meal, you should completely finish your food.

Accepted Answer

The answer of In China, to show that you enjoyed...

Question 16

The subtle, elusive and largely unconscious forces that shape the workplace are captured by the organizational culture.

Accepted Answer

Organizational culture refers to the shared values, beliefs, behaviors and customs that shape the workplace and are largely unconscious. It influences how employees interact, make decisions, and perceive their work environment.

Question 17

Linkages between a firm's culture and strategies often determine success.

Accepted Answer

A firm's culture, including its values, beliefs, and practices, can have a significant impact on its ability to execute its chosen strategies effectively. A strong culture that supports the firm's strategies and goals can promote employee engagement, innovation, and adaptation, while a weak or incompatible culture can create resistance, confusion, and conflict. Therefore, firms that are able to align their culture and strategies are more likely to achieve long-term success.

Question 18

The basic premise of the research-based view is that the mix, type, amount and nature of a firm's internal resources should be considered first and foremost in devising strategies that can lead to sustainable competitive advantage.

Accepted Answer

The answer of The basic premise of the research-based view...

Question 19

Punctuality, in general, is revered in all cultures of the world.

Accepted Answer

Different cultures have varying attitudes towards punctuality; some may value it highly, while others may have a more relaxed approach to time.

Question 20

Proponents of the resource-based view argue that external factors are more important than internal factors for a firm in achieving and sustaining competitive advantage

Accepted Answer

Proponents of the resource-based view argue that a firm's unique internal resources and capabilities are more important than external factors in achieving and sustaining competitive advantage.

Quiz 4: The Internal Assessment