Question 1

________ 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, which is essential in multinational corporations where uniformity and consistency are needed across the different branches or units. Planning, organizing, leading, and influencing are also important functions in these corporations, but controlling is particularly emphasized to ensure that the desired outcomes are achieved.

Question 2

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

Jonovia's culture values avoiding uncertainty, which means individuals prefer to have clear and explicit information about situations they may encounter. This suggests a high level of uncertainty avoidance.

Question 3

Which of the following statements is true for the various management attitudes?
A)An organization characterized by the geocentric attitude incurs high travel and training expenses.
B)The ethnocentric attitude reflects the belief that because foreign managers are closer to foreign organizational units,they understand them better.
C)The ethnocentric attitude is generally thought to be the most appropriate for managers in multinational corporations.
D)The polycentric attitude often causes resentment toward the home country within the foreign society.
E)Managers with a geocentric attitude stereotype home-country management practices as sound and reasonable and foreign management practices as faulty and unreasonable.

Accepted Answer

The answer of Which of the following statements is true...

Question 4

A Belgium-based multinational company hires the best managers for its operations,regardless of the location of those managers.This company is said to have a(n)________.
A)ethnocentric attitude
B)polycentric attitude
C)egocentric attitude
D)geocentric attitude
E)gynocentric attitude

Accepted Answer

A geocentric attitude means that a company hires the best managers regardless of their nationality or location. This is the most globally-oriented approach and is opposite to an ethnocentric attitude (favors home country managers) or a polycentric attitude (favors local managers).

Question 5

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 usually associated with masculine values.

Question 6

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 function being performed here is controlling. Controlling is the process of monitoring, comparing, and correcting work performance. In this scenario, the management is monitoring the profits generated by organizational units located in different countries and comparing it in terms of different currencies to ensure that they are meeting their objectives. They have identified a problem and are taking corrective action to control it by changing the way profits are being represented.

Question 7

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 cultural dimensions theory, uncertainty avoidance refers to the extent to which a society feels threatened by uncertain or unknown situations. Cultures that are high in uncertainty avoidance tend to prefer being in more defined and predictable situations, while those low in uncertainty avoidance may be more comfortable with ambiguity and change. Therefore, choice D is the correct answer. Choices A, B, C, and E are incorrect because they make statements that are not consistent with Hofstede's theory.

Question 8

________ 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)Feminity

Accepted Answer

Collectivism refers to the value placed on group membership and cooperation in a society. High levels of collectivism mean that individuals prioritize the needs and goals of their social groups (e.g. family, community) above their own individual needs and desires. Low levels of collectivism, on the other hand, indicate that individuals prioritize their personal goals and achievements over the interests of their social groups.

Question 9

________ is the set of characteristics of a given group of people and their environment and includes components like norms,values,habits,education and religion.
A)Culture
B)Politics
C)Laws
D)Attitude
E)Ethics

Accepted Answer

Culture encompasses all of the components listed and more, making it the most comprehensive choice. Politics, laws, attitude, and ethics can all be influenced by culture, but they do not encompass the full range of characteristics.

Question 10

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

The term "transnational" is commonly used to describe organizations that have a global presence, with ownership, control, and management from multiple countries. This type of organization operates across national borders, and often has a decentralized structure, with different divisions in different countries. The other answer choices (international, regional, pan-national, and domestic) do not fully capture the characteristics of a transnational organization.

Question 11

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 given about French employees following their managers without questioning their authority suggests a high power distance culture, where there is a strong emphasis on hierarchy and respect for authority. This option is the most fitting among the given choices.

Question 12

A Canada-based shoe manufacturing company in Malaysia has hired a Malaysian manager to manage it,because the company's CEO believes that the manager will understand the situation and manage the plant better than any foreign manager.This company is said to have a(n)________.
A)ethnocentric attitude
B)polycentric attitude
C)egocentric attitude
D)geocentric attitude
E)gynocentric attitude

Accepted Answer

A polycentric attitude is when a company believes that hiring managers from the same country as the business operation will be more effective because they understand the local market, culture, and business practices better.

Question 13

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 emphasis on immediate job performance and day-to-day perspective indicate a short-term orientation, which is characteristic of organizations in Pakistan.

Question 14

March Hare Entertainment is a media company in London that specializes in bizarre and sometimes shocking campaigns.The firm is looking to expand into other countries,but will require a culture that is very similar to its home culture: open to experimentation and risk and not authoritarian.Which of the following countries is the best option for March Hare?
A)Germany,which has high power distance and collectivism
B)Denmark,which has low power distance and low uncertainty avoidance
C)Japanese,which culture favors low individualism and high power distance
D)India,which has a long-term orientation and high uncertainty avoidance
E)France,which has low uncertainty avoidance and high power distance

Accepted Answer

Denmark has a culture that is known for being open to experimentation and risk-taking, while also having low power distance and low uncertainty avoidance. This aligns well with the requirements of March Hare Entertainment. Additionally, Denmark is a politically stable country with a strong focus on creativity and innovation, making it an ideal location for expanding the company's reach.

Question 15

Countries that highly promote ________ have citizenry that tends to emphasize,expect,and accept more autocratic than democratic leadership.
A)short-term orientation
B)individualism
C)power distance
D)masculinity
E)collectivism

Accepted Answer

Power distance refers to the degree to which the less powerful members of a society accept and expect unequal distribution of power. In societies with high power distance, people tend to accept and even expect autocratic leadership. Therefore, countries that highly promote power distance will have citizenry that tends to emphasize and accept autocratic leadership.

Question 16

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units,they understand them better,and therefore foreign management practices are more insightful than home-country management practices.
A)ethnocentric
B)polycentric
C)egocentric
D)geocentric
E)gynocentric

Accepted Answer

The polycentric attitude suggests that local managers in foreign offices understand their culture and business practices better than the home office does, thus implying that local management practices are more effective in their context.

Question 17

Managers with a(n)________ attitude believe that the overall quality of management recommendations,rather than the location of managers,should determine the acceptability of management practices used to guide multinational corporations.
A)ethnocentric
B)polycentric
C)geocentric
D)xenocentric
E)gynocentric

Accepted Answer

A geocentric attitude emphasizes the importance of both local and global perspectives in decision making, and recognizes that the best management practices may come from any location, rather than privileging any particular country or culture (ethnocentric) or solely emphasizing local practices (polycentric). Xenocentric refers to favoring foreign or exotic ideas over domestic ones, and gynocentric pertains to centering on or prioritizing women's concerns.

Question 18

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 belief that good interpersonal relationships are necessary for business success in South Korea indicates that it values collectivism, where the success of the group is prioritized over individual success. Therefore, the best choice is E.

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 corporations
B)multinational...

Question 20

Which of the following attitudes is generally thought to be the most appropriate for managers in multinational corporations?
A)geocentric
B)ethnocentric
C)polycentric
D)egocentric
E)regiocentric

Accepted Answer

The geocentric attitude emphasizes a global mindset, considering the best candidate for a job regardless of their country of origin. This is generally thought to be the most appropriate attitude for managers in multinational corporations as it promotes diversity and inclusivity. Ethnocentric and polycentric attitudes are more limited in their scope, focusing on the superiority of one's own culture or the uniqueness of local markets, respectively. Egocentric is self-centered and regiocentric is focused solely on a specific region, both of which can lead to limited perspectives and missed opportunities in a global context.

Quiz 5: Managing in the Global Arena

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

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 ________.

Which of the following statements is true for the various management attitudes?

A Belgium-based multinational company hires the best managers for its operations,regardless of the location of those managers.This company is said to have a(n) ________.

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 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?

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

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

________ is the set of characteristics of a given group of people and their environment and includes components like norms,values,habits,education and religion.

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

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 Canada-based shoe manufacturing company in Malaysia has hired a Malaysian manager to manage it,because the company's CEO believes that the manager will understand the situation and manage the plant better than any foreign manager.This company is said to have a(n) ________.

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 ________.

Countries that highly promote ________ have citizenry that tends to emphasize,expect,and accept more autocratic than democratic leadership.

The ________ attitude reflects the belief that because foreign managers are closer to foreign organizational units,they understand them better,and therefore foreign management practices are more insightful than home-country management practices.

Managers with a(n) ________ attitude believe that the overall quality of management recommendations,rather than the location of managers,should determine the acceptability of management practices used to guide multinational corporations.

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?

Transnational organizations are also called ________.

Which of the following attitudes is generally thought to be the most appropriate for managers in multinational corporations?