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A government’s seizure of a domestic or foreign company’s assets is known as ____.
The law that makes it illegal for employees of U.S. companies to make “questionable” or
“dubious” contributions to political decision makers in foreign nations is the _____.
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Greg, who is from Florida and a geologist for ExxonMobil, decided transfer to an office in
Saudi Arabia. Greg is a(n) ____.
Essay Questions
Define the concept of global economy. Explain the three historic global changes discussed
by Rosabeth Moss Kantor of the Harvard Business School.
The city of Cincinnati, California, is an industrial town known for its production of high–
quality computers, which it exports to customers globally. In addition, the management of
an automobile manufacturing plant in Cincinnati, which employs over 2,000 employees, is
considering closing and moving its operations to Mexico to save money. Discuss the
positive and negative effects of the global economy on Cincinnati, California, and other
communities in America.
Contrast a multinational corporation and a multinational organization.
Contrast ethnocentric, polycentric, and geocentric managers.
Describe the five benefits for companies of expanding internationally. Give an example of
each benefit.
Anthony, who owns a broom and mop factory in New Mexico, has decided to use global
outsourcing, and he is considering utilizing maquiladoras. Describe global outsourcing and
maquiladoras and the positive and negative reasons for using both.
Define joint venture and give an example.
The United States has utilized tariffs, import quotas, and embargoes over the years.
Explain why America has used these, and give an example of each.
Discuss the purpose of each of these organizations: the World Trade Organization, World
Bank, and International Monetary Fund.
Describe NAFTA. What is its purpose? What benefits and problems have resulted from this
agreement?
Describe the GLOBE project, and give two cultural dimensions that are proposed by the
project.