96.
_____ are foreign nationals who are brought in to work at the parent company.
97.
Which of the following core values do most people embrace despite differences across
cultures, and regardless of nationality or religion?
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Scenario A: Luis is a consultant for four companies with international operations. Each of
them has selected a different global strategy. Seal-It Company uses its established skills
in producing gaskets that it will sell in foreign markets. Sweetz Company produces locally
targeted candies for which it has built specialized plants in each local region. It customizes
its candies according to the tastes and preferences of the local consumers. Zoom
Company offers a standardized economy automobile and has a single worldwide corporate
headquarters from which it centrally manages the entire company’s operations. Finally,
Primo Company is located in Bejukistan where wages are quite low, and produces
machine housings that are fairly easy to manufacture, and require little employee skill.
These pieces are then sent to its locations abroad to be finished by a more skilled
workforce, taking into account the customs and benefits desired by each of those
particular populations.
98.
Based on Scenario A, which of the following global strategies is Seal-It Company using?
99.
From Scenario A, it can be concluded that Sweetz Company is using the _____ model of
international competition.
100.
Based on Scenario A, which of the following global strategies is Primo Company using?
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101.
From Scenario A, it can be concluded that Zoom Company is using the _____ model of
international competition.
Scenario B: Alex was having a few friends over for dinner, many of whom Alex knew from
an international management association. Alex’s company provides services to create
detailed maps of world areas from satellites, which the firm then sells via the Internet to
firms, countries, and others around the world. One of his guests, Susie, bakes cakes for a
living. Her recipes are so well liked that her company has grown dramatically. She has just
sold the right to manufacture her cakes to a firm in eastern Alpland. Another friend Vinh is
a director at Helix, and his wife Lana has contracted with the breakfast chain Eggs-ellent
to open a branch in their state, bearing all the preliminary expenses and development
costs, giving a portion of the profits. Vinh also announced that Helix and another company,
McKimsons, are starting a new venture. Finally, Fatima works for Fronterex technologies
that is headquartered in her home country and is soon to go abroad to work in Fronterex’s
new facility, which is an independent company that Fronterex owns and controls in
another country. The guests were discussing about how their companies decided to “go
global.”
102.
In Scenario B, Alex’s company uses _____ to participate in the global marketplace.
103.
In Scenario B, which of the following ways of entering into the global marketplace is
Susie’s company using?
104.
In Scenario B, Eggs-ellent engages in _____ to participate in the global marketplace.
105.
In Scenario B, which of the following ways of entering into the global marketplace are
Helix and McKimsons using together?
106.
In Scenario B, Fatima can be best described as a(n) ____.
107.
Based on Scenario B, Fronterex wants to use _____ to participate in the global
marketplace.
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108.
In Scenario C, Alana can be best described as a(n)
109.
In Scenario C, Karl can be best described as a(n)
110.
In Scenario C, Kosuke can be best described as a(n)
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Scenario D: Janetta has been sent to Perlandia for a one-month project. While at work, the
women would talk about getting their nails done and how they’d gone dancing on
weekend, which Janetta disapproved of. To Janetta, their behavior seemed inappropriate
and wrong. She also found it difficult to adapt to the new environment and to eat with a
spoon and knife at lunch, which was customary in Perlandia, rather than with the spearlike
utensils of her home country.
111.
Janetta is exhibiting _____ by expressing her disapproval of the Perlandian women’s
conversations.
112.
By finding it difficult to use cutlery and adapt to the new environment, Janetta is exhibiting
____.
Essay Questions
113.
Explain the consequences of the increasing integration of the global economy.
Answers will vary.
114.
State the factors that managers should take into account while deciding whether or not to
offshore.
Answers will vary.
115.
Discuss the key issues of the global environment. Give examples of each.
Answers will vary.
116.
Summarize the benefits and challenges that have occurred because of European
unification.
Answers will vary.
117.
Explain the present and future consequences of China’s rapid economic growth.
Answers will vary.
118.
Write an essay on NAFTA.
Answers will vary.
119.
Write an essay listing the pressures for global integration.
Answers will vary.
120.
Discuss how an organization should identify the best strategy for competing in a global
marketplace and the four approaches typically used.
Answers will vary.
121.
Write an essay on exporting. State its advantages and disadvantages.
Answers will vary.
122.
Discuss the advantages of licensing and franchising. In what situations is each of these
strategies most appropriate?
Answers will vary.
123.
Write an essay on joint ventures. State its advantages and disadvantages.
Answers will vary.
124.
Write an essay on wholly owned subsidies. State their advantages and disadvantages.
Answers will vary.
125.
What are the pros and cons of using expatriates, host-country nationals, and third-country
nations to run overseas operations? If an individual wants to expand his business, what
approach should he use?
Answers will vary.
126.
Summarize the skills and knowledge managers need to manage globally.
Answers will vary.
127.
Discuss the four dimensions identified by Geert Hofstede to analyze cultural differences
among countries. Explain the classification for a country of your choice using the
Hofstede’s model.
Answers will vary.
128.
Discuss how culture plays out in terms of ethical behavior. What can organizations do to
manage these issues more effectively?
Answers will vary.
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