BUSI 303 Quiz 1 Globalization & Culture solutions complete answers

BUSI 303 Quiz 1 Globalization & Culture solutions complete answers 

 

Globalization has impacted what aspects of the international community members?

 

Foreign investment includes the direct financial investment of foreign entities into the host economy, or host country capital into foreign economies?

 

Globalization has created what critics refer to as a melting pot or clash of various cultural identities?

 

KSA stands for?

 

Barriers to trade include all of the following except?

 

A global business must consider the differences of scope, economic health, cultural influences, and management skills from a domestic business?

 

As globalization becomes more embedded in daily life, tolerance must continue to increase in order to avoid unnecessary polarization—again reinforcing the notion that globalization is not integration?

 

Multinational Corporations are often divided into three broad groups?

 

International exchange is a recent concept?

 

The prime characteristics and outcomes of globalization include?

 

International trade is important to the United States in order to?

 

All of the following occurred during the Information Age except?

 

The industrial revolution heralded the introduction of which of the following?

 

The global business manager is the key coordinator of activities between disconnected operating locations. In addition, the global business manager must be able to juggle the issues that affect each country individually, but always maintain the priority of the manager's home country when addressing these issues.

 

Which of the following is NOT a driving force of Globalization?

 

Reductions in barriers to trade and foreign investments, advances in communication/transportation technologies, and the Multinational Corporation are all of globalization.

 

Advocates for globalization believe that globalization promotes?

 

Economic health is considered positive when a country exports considerably more than it imports?

 

Which of the following is NOT true regarding ISOs?

 

The Renaissance was characterized by a marked surge in manufacturing techniques that included mass assembly, electricity, and new forms of propulsion.

 

Which of the following is a barrier to trade?

 

Femininity represents the dominant values of caring for others, quality of life, modesty, and cooperation.

 

People believe that each circumstance, and each relationship dictates the rules that they live by. Their response to a situation may change, based on what is happening in the moment, and who is involved.

 

The antibribery provisions of the ______ make it unlawful for a U.S. person, and certain foreign issuers of securities, to make a corrupt payment to a foreign official for the purpose of securing business with or directing business to any person.

 

Individualism characterizes a tight social framework in which people expect others in their groups to look after them and protect them when they are in trouble.

 

People in a particularistic culture believe that each circumstance, and each relationship dictates the rules that they live by. Their response to a situation may change, based on what is happening in the moment, and who is involved.

 

From 1967 to 1973, he applied the subset of cultural dimensions to the field of business management. Originally identified four national cultural dimensions that can be used to help evaluate the differences in national cultures; this research has since been updated to include a fifth and six elements.

 

Christ’s suffering and death upon the cross paid for the sins of all mankind; and through Him, God grants salvation to anyone who believes in Christ’s sacrifice.

 

People see the past, present, and future as interwoven periods. They often work on several projects at once, and view plans and commitments as flexible.

 

Which of the following is a characteristic of a high-context culture?

 

The premise of the ____________ was that Leadership effectiveness is contextual and is embedded in the societal and organizational beliefs, norms, and values of the people being led.

 

Allow people to develop their skills and take control of their learning; set clear objectives that people agree with; be open about conflict and disagreement, and allow people to engage in constructive conflict.

 

Communication between two cultures can be awkward if professionals do not conduct proper research.

 

Business Ethics is the study of ethical dilemmas, values, and decision making in the world of business. Business ethics should not be considered a separate disciple from ethics.

 

Focus on one activity or project at a time; be punctual; keep to deadlines; set clear deadlines.

 

Investigate ways in which to reinvest in those communities by readily contributing in terms of growth and economic development.

 

An ascribed status is one that society assigns to an individual on the basis of factors over which the individual has no control: gender, race, ethnic background, and socioeconomic status, into which one is born.

 

In a ______ culture, people keep work and personal lives separate. As a result, they believe that relationships do not have much of an impact on work objectives; and although good relationships are important, they believe that people can work together without having a good relationship.

 

Religion that includes the Six Articles of Faith and Five Pillars of Faith.

 

People place a high importance on laws, rules, values, and obligations. They try to deal fairly with people based on these rules, but rules come before relationships

 

Open up to people to build trust and rapport; use emotion to communicate your objectives; learn to manage conflict effectively, before it becomes personal; use positive body language; have a positive attitude.

 

Advocated for globalization believe that globalization promotes?

 

The global business manager must possess a strong domestic awareness and must understand the unique factors that contribute to the success of a global business, including formal education.

 

Which of the following is NOT true about globalization?



What is less effective for products with brand recognition or differentiation?

 

Pax Americana, Latin for "American peace," is the period of relative peace in the Western world since the end of World War I in 1918, coinciding with the dominant military and economic position of the U.S.?

 

Globalization has impacted the ________ aspects of the international community members?

 

In many modern economics, businesses focus on greater economic responsibility that lead to more investments in benevolent or humanitarian efforts?

 

Which of the following is a type of political risk for global managers?



International trade is important to the U.S. in order to?



Investigate ways to reinvest in communities by readily contributing in terms of growth and economic development?



He concluded that what distinguishes people from one culture compared with another is where these preferences fall in one of the seven dimensions.

 

In high-context cultures, enforceable contracts will tend to be in writing, precisely worded, and highly legalistic. High-context cultures value directness. Managers are expected to be explicit and precise in conveying intended meaning. 



In a(n) ____________ culture, people place the individual before the community; individual happiness, fulfillment, and welfare set the pace. 



Manage your emotions effectively; watch that your body language does not convey negative emotions; "Stick to the point" in meetings and interactions; watch people’s reactions carefully, as they may be reluctant to show their true emotions.

 

Religion that includes three brances Orthodox, Conservatives, and Reform.



In a ______ culture, people start with the whole and see each element in perspective of the total; the whole is more important than the sum of its elements. Individuals have a large private sphere and a small public one.

 

An ascribed status is one that society assigns to individual on the basis of factors over which the individual has no control; gender, race, ethnic background, and socioeconomic status, into which one is born.



People believe that nature, or their environment, controls them; they must work with their environment to achieve goals. At work or in relationships, they focus their actions on others, and they avoid conflict where possible.



Social position a person takes on voluntarily that reflects both personal ability and merit. An individual's occupation tends to fall under this category. 



Religion that includes the three branches Orthodox, Conservatives, and Reform.