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QUESTION 1 The Walt Disney Company owns 100% of the shares of…

QUESTION 1

The Walt Disney Company owns 100% of the shares of Marvel Entertainment. As such, Marvel is a(n)

    affiliate.
    wholly owned subsidiary.
    acquisition.
    greenfield venture.

QUESTION 2

The organizational form at a chocolate company includes separate groups organized by specialization, including candy bars, baking chocolate, and premium chocolates. Each of these groups is defined as distinct, independent businesses with clearly defined markets. What is this an example of?

    strategic business units
    a hybrid structure
    a matrix overlay
    a geographic region

QUESTION 3

Kielen Corporation, based in Minnesota, has exported its line of luggage and travel products into Europe for the past three years and has decided to create a new division based in Paris to handle all overseas activity. What type of division is the company creating?

    global
    international
    regional
    domestic

QUESTION 4

Ramey asked his team to find out how many potential employees were available in the proposed foreign market that had the data analysis skills the company needed to complete the task. This information will help him decide if this market is viable for the company to enter into. What type of information is Ramey looking for?

    population size
    population growth
    labor force
    labor market

QUESTION 5

What is one of the reasons an international company might adopt the horizontal organization format?

    They enhance efficiency by increasing the use of vertical decision processes.
    They enable top management to control processes through centralized approval systems.
    They spark innovation and new product development.
    They reduce costs by eliminating middle management.

QUESTION 6

What is one of the distinctions Warren Bennis made between leaders and managers?

    The leader has a long-range perspective, while the manager thinks in the short-term.
    The leader is charismatic, while the manager is a functionary bureaucrat.
    The leader orders, while the managers requests.
    The leader asks “what?” and “how?” while the manager asks “why?” and “how much?”

QUESTION 7

The type of structure that simplifies the task of directing worldwide operations because every country in the world is clearly under the control of someone who is in contact with headquarters is called ________ structure.

QUESTION 8

Szymon, an experienced carpenter, has lived and worked throughout Europe in response to fluctuating construction demands. Workers like Szymon who move from country to country seeking jobs are examples of

    labor urbanization.
    labor mobility.
    labor reduction.
    population growth.

QUESTION 9

Describe a global mind-set and relay the importance of having a global mind-set to be successful in any industry.

QUESTION 10

Electronics Group has always been a leader in the domestic market. After entering the global market, the company has been challenged by the ever-changing market which the company finds more difficult to predict than the domestic market. Which aspect of global complexity is Electronics Group being challenged by?

    ambiguity
    multiplicity
    interdependence
    dynamism

QUESTION 11

In his role as a global leader for Heinz Development Group, Liam makes deals with internal and external groups and also manages conflict among these groups. Which of the roles identified by Mintzberg does this demonstrate?

    liaison
    negotiator
    spokesperson
    innovator

QUESTION 12

Acceptable leadership traits across cultures, according to Project GLOBE, include

    directive, not afraid of criticizing others, and direct.
    planning, able to stick to schedule, and able to stay within budget.
    high context, high power distance, and high tolerance for ambiguity.
    effective bargainer, dependable, win-win problem solver, and plans ahead.

QUESTION 13

A local labor market is made up of

    a country’s pool of people with the required skill set.
    the pool of available employees with the necessary skills and who are within commuting distance.
    the entire population of people in the local operating area.
    the pool of employees with the necessary skills who are in surrounding nations.

QUESTION 14

Glen Ellyn Floor Coverings Incorporated is a global company with offices located around the world. The leaders of the company recognize that while these offices are found in different geographic locations, they are all still dependent upon one another. Which dimension of global complexity does this describe?

    complexity
    interdependence
    ambiguity
    cognition

QUESTION 15

An organization’s ________ is at the same level as the domestic division and is responsible for all non-home-country activities.

QUESTION 16

Development of global leadership skills is

    a linear and exacting process.
    a nonlinear process that involves a set of diverse experiences.
    well established and can be followed by anyone who wants to become a global leader.
    a process that is standardized.

QUESTION 17

What method do companies often use when initially entering a foreign market?

    Build a manufacturing facility in foreign market.
    Acquire an existing business in the foreign market.
     wholly owned subsidiary.
    Export product to the foreign market.

QUESTION 18

More than one-third of the world’s population age 15-24 live in which two developing countries?

    Brazil and Argentina
    U.S. and Australia
    Ghana and Nigeria
    India and China

QUESTION 19

Mary is known at work for being the manager with the greatest concern for the well-being of others. Which leader style does she possess?

    team-oriented
    participative
    humane
    autonomous

QUESTION 20

Jenny and Parul both work for the marketing team at Nylor Corporation Jenny works at the San Francisco office and Parul works in Italy. Most of their colleagues in their department also work in different geographic areas, so they communicate mostly through email and video conferencing. This is an example of a(n)

    small group.
    acquisition.
    corporate affiliate.
    global team.

QUESTION 21

Green Energy Solutions has adopted an ethnocentric staffing policy. Based on this, where are most of the decisions made for the home and host country facilities?

    at the company’s headquarters, using the home country’s frame of reference
    at both the home and host country facilities depending on which is being affected by the decision
    at a regional facility in order to promote collective bargaining
    at the host country facility in order to accommodate for local customs.

QUESTION 22

Explain why there is a loss of freedom and flexibility associated with a joint venture.

QUESTION 23

After acquiring two new foreign affiliates, Henson Manufacturing made a  new organizational chart to indicate where formal authority would lie within the organization. This organizational chart is an indication of

    production logistics.
    organizational structure.
    organizational design.
    production development.

QUESTION 24

An organizational structure composed of one or more superimposed organizational structures is called a ________ organization.

QUESTION 25

Developing nations are greatly concerned when highly-skilled professionals such as scientists, IT specialists, teachers, and health care professionals leave the country to seek better living arrangements. What term is given to this type of emigration?

    third culture
    labor mobility
    ethnocentrism
    brain drain

QUESTION 26

What has been a result of the increased urbanization of the workforce, especially in developing nations?

    decrease in available workers
    increased pool of low-skilled workers
    increased pool of technically-skilled workers
    decrease in service sector jobs

QUESTION 27

The hiring and promoting of employees on the basis of the specific regional context in which the subsidiary operates is a ________ strategy.

QUESTION 28

Companies controlled by a parent company through ownership of enough voting stock to elect majorities on the board of directors are ________.

QUESTION 29

Taylor is negotiating with an automotive parts manufacturer that includes an organization of workers who formed a group that advances and protects their interests. This group is asking for higher wages than Taylor’s company can afford. This group is an example of

    a labor union.
    a brain drain.
    a mobile workforce.
    migrant labor.

QUESTION 30

No one in the department wants to work with MJ on a project because she is new to the team and no one knows her. As the team leader, Arelli works to promote MJ’s strengths to the rest of the group and they agree she can work on the project in a capacity that aligns with her skills. What activity did Arelli use as a team leader in this process?

    setting team norms
    coaching team members
    altering team feedback
    establishing the team

 

Expert”,1173
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