national security The US restricts foreign investments that might affect ___________. globalization of markets Which of the following refers to convergence in buyer preferences in markets around the world? China scores high on the power distance dimension Scenario: Hot Dog Heaven Connie Boston is the vice president of Hot Dog Heaven, a highly successful hot dog joint in Pacifica. Her company decides to expand to Asia and identifies China as the ideal market. Before she leaves for China, she studies their culture extensively and discovers that the number four is considered extremely unlucky, that not everybody is fluent in China's official language-Mandarin-and that punctuality is a highly valued trait in the country. Connie notices that organizations in China tend to be hierarchical with power derived from prestige and force. Which of the following statements is consistent with her observation? True Generally speaking, a mining firm that is involved in producing global commodities such as copper ad other basic metals is going to pursue a global strategy. especially if it is not encumbered by many government regulations and other market imperfections. False Studies of repatriated employees regularly report that most knew what their company position would be when they returned home but were uncertain about their likely new workplace practices.
True In a command economy, the goods and services that a country produces, the quantity in which they are produced, and the prices at which they are sold are all planned by the government. False The value added chain is a very useful tool managers have for analyzing the process of getting raw materials and other inputs upstream, moving them through a process of transformation and then finally getting through the downstream channels of distribution and into the hands of their customers. The process is used for tangible, manufactured products such as automobiles but not for intangible services such as tourism. home-country nationals Watson Electronics, an MNE based in Canada, tends to follow an ethnocentric staffing model. From which group will it most likely hire for upper-level management positions in its new facility in Germany? the emergence of developing countries as high-growth markets Growing demand for expatriates stems from which of the following trends? mental, environmental In Professor Nicholson;'s model of effective cross-cultural interaction, there are two categories of elements that can influence a manager's behavior. The two categories are _______________ and _______________. importing Scenario: Nice Nice Toys and Manami Toys Nice Nice Toys is a Canadian-based toy retailer that buys all its merchandise from Manami Toys, a Korean-based toy manufacturer with production facilities in eleven nations. Manami Toys markets its toys globally without modification.
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