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Exam 4: Managing in a Global Environment

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Question 61

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According to the textbook, organisations in which of the following cultures are likely to have formal rules and little tolerance for unusual ideas and behaviours?

A) high power distance
B) low power distance
C) high uncertainty avoidance
D) low uncertainty avoidance

E) All of the above
F) A) and B)

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Question 62

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In a short essay, define 'parochialism'.Next, discuss why parochialism is a problem for Australian managers and discuss reasons it is important to overcome parochialism in today's business environment.

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Parochialism is when a person views the ...

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Question 63

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In a short essay, explain the nine dimensions on which national cultures differ according to the GLOBE research.

A drawback of the geocentric perspective is that it is inflexible.

A Different View John has done well in his company.In only five years, he has risen to the position of divisional manager.However, he knows that in order to rise to the level of senior management he needs to spend some time managing abroad in his company's foreign subsidiaries.Although he has travelled to foreign countries for business and holidays, he has never lived abroad and wonders what differences he would find.He is considering applying for a new foreign-based position, but first wants to find out some basic differences between managing in Australia and managing in a foreign country.He researched the topic of international management and found many helpful facts about countries and their people. -Refer to A Different View (Scenario) .John also found out that in some countries (such as Singapore) , titles, rank and status carry a lot of weight.These countries have a high ________.

A Different View John has done well in his company.In only five years, he has risen to the position of divisional manager.However, he knows that in order to rise to the level of senior management he needs to spend some time managing abroad in his company's foreign subsidiaries.Although he has travelled to foreign countries for business and holidays, he has never lived abroad and wonders what differences he would find.He is considering applying for a new foreign-based position, but first wants to find out some basic differences between managing in Australia and managing in a foreign country.He researched the topic of international management and found many helpful facts about countries and their people. -Refer to A Different View (Scenario) .John knew that he did not want to manage in a country where the people have high anxiety, nervousness and stress.He will, therefore, try to avoid countries characterised as having high ________.

The single European Union (EU) currency is called the ________.

In one of the early stages of an organisation going international, managers may enter international markets by license or franchise to another firm the right to use the organisation's brand name, technology or product specifications.

In a short essay, explain the differences among a multidomestic corporation, a global company and a borderless organisation.Include examples of companies for each of the types of organisations discussed.

An increased level of anxiety among its people characterises a society with high uncertainty avoidance.

The Overseas Assignment Christopher has a degree in business administration and has worked for a major corporation for five years.He is offered a chance to work in another country. -Refer to The Overseas Assignment (Scenario) .This new country's people are favourably influenced by Christopher's job title and the status given by his experience of having worked in the home office for five years.This country has a high_______.

For Australian businesses to have successful global management, which of the following statements provides the best advice?

Which of the following is the basic difference between multidomestic corporations and global companies?

Hofstede found that Ireland and Canada were countries whose cultures were well above average on achievement-nurturing measures of culture.

________ management requires enhanced sensitivity to differences in national customs and practices.

Multidomestic corporations are known for ________.

Which of the following is a basic definition of a multinational corporation?

The reason that a nation's cultural differences are the most difficult to gain information about is because ________.

The trading bloc made of Brunei, Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Cambodia, Laos and Myanmar is ________.

The Australian-New Zealand Closer Economic Relations (CER)is the only bilateral free trade agreement that Australia is a party to.