Individuals sent from a company\'s parent country to work in overseas operations
ID: 404846 • Letter: I
Question
Individuals sent from a company's parent country to work in overseas operations are referred to as Question 12 options: Third-country nationals. Host-country nationals. Globalite executives. Expatriates. Inpatriates. SaveQuestion 13 (1 point)
An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is called the Question 13 options: International model. Multinational model. Global model. Transnational model. Intranational model. SaveQuestion 14 (1 point)
Under (the) ________, member countries agreed to adopt a common European currency called the euro. Question 14 options: NAFTA Maastricht Treaty GATT Agreement APEC Treaty European Unification Act SaveQuestion 15 (1 point)
To be competitive in a global economy, Europeans must increase their level of Question 15 options: Population density. Productivity. Espionage activity. Philanthropic contributions. Wealth. SaveQuestion 16 (1 point)
Operating in a global marketplace is considered more complex because Question 16 options: Managers must compete with cost-efficient overseas competitors. The lessening of trade barriers has decreased opportunities in previously attractive markets. Many overseas competitors operate with greater economies of scale. Of varying cultures and coordination of globally dispersed operations. International management is relatively risk-free as compared to domestic management. SaveQuestion 17 (1 point)
Most manufacturing companies begin global expansion through which entry mode? Question 17 options: Exporting. Wholly owned subsidiary. Franchising. Licensing. Joint venture. SaveQuestion 18 (1 point)
Where global efficiency is not required but adapting to local conditions offers advantages, the __________ model of organizational structure is appropriate. Question 18 options: international multinational global transnational multimedia SaveQuestion 19 (1 point)
Exporting, licensing, franchising, joint ventures, and wholly owned subsidiaries are all methods of Question 19 options: Identifying lucrative consumers on a global scale. Operating a transnational business. Entering overseas markets. Optimizing global profit. Reducing costs. SaveQuestion 20 (1 point)
__________ is an arrangement by which an organization in another country buys the rights to manufacture another organization's product in its own country for a negotiated fee. Question 20 options: Franchising International licensing Entering a joint venture Exporting Royalty facilitation SaveQuestion 21 (1 point)
The __________ organizational model is designed to enable a company to market a standardized product in the global marketplace and to manufacture that product in a limited number of locations where the mix of costs and skills is most favorable. Question 21 options: international multinational global transnational multimedia SaveQuestion 22 (1 point)
Steps for establishing and reinforcing the codes of conduct for international business include which of the following? Question 22 options: Communicating the company's values. Taking action when standards are violated. Measuring ethical performance. Rewarding people for meeting ethical standards. All of the above are steps for establishing and reinforcing international codes of conduct. SaveQuestion 23 (1 point)
The disorientation and stress associated with being in a foreign environment is termed Question 23 options: International mores. Homesickness. Culture shock. Out-of-country experience. Uncertainty distance. SaveQuestion 24 (1 point)
An advantage of exporting as a global expansion entry mode is that Question 24 options: Economies of scale may be realized. The target site may have lower production costs. Transportation costs are generally lower. It is considered responsive to local needs. Trade barriers may be removed. SaveQuestion 25 (1 point)
The most significant disadvantage of franchising concerns Question 25 options: The very low level of profit potential. The loss of control over technology that may affect an organization's ability to sustain a competitive advantage. High development costs related to a higher level of risk in worldwide operations. Loss of identification with local markets. Quality control. Individuals sent from a company's parent country to work in overseas operations are referred to as Individuals sent from a company's parent country to work in overseas operations are referred to as Third-country nationals. Host-country nationals. Globalite executives. Expatriates. Inpatriates. Third-country nationals. Host-country nationals. Globalite executives. Expatriates. Inpatriates.Question 13 (1 point)
An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is called the Question 13 options: International model. Multinational model. Global model. Transnational model. Intranational model. An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is called the An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making and tight control by the parent company over most aspects of worldwide operations is called the International model. Multinational model. Global model. Transnational model. Intranational model. International model. Multinational model. Global model. Transnational model. Intranational model.Question 14 (1 point)
Under (the) ________, member countries agreed to adopt a common European currency called the euro. Question 14 options: NAFTA Maastricht Treaty GATT Agreement APEC Treaty European Unification Act Under (the) ________, member countries agreed to adopt a common European currency called the euro. Under (the) ________, member countries agreed to adopt a common European currency called the euro. NAFTA Maastricht Treaty GATT Agreement APEC Treaty European Unification Act NAFTA Maastricht Treaty GATT Agreement APEC Treaty European Unification ActQuestion 15 (1 point)
To be competitive in a global economy, Europeans must increase their level of Question 15 options: Population density. Productivity. Espionage activity. Philanthropic contributions. Wealth. To be competitive in a global economy, Europeans must increase their level of To be competitive in a global economy, Europeans must increase their level of Population density. Productivity. Espionage activity. Philanthropic contributions. Wealth. Population density. Productivity. Espionage activity. Philanthropic contributions. Wealth.Question 16 (1 point)
Operating in a global marketplace is considered more complex because Question 16 options: Managers must compete with cost-efficient overseas competitors. The lessening of trade barriers has decreased opportunities in previously attractive markets. Many overseas competitors operate with greater economies of scale. Of varying cultures and coordination of globally dispersed operations. International management is relatively risk-free as compared to domestic management. Operating in a global marketplace is considered more complex because Operating in a global marketplace is considered more complex because Managers must compete with cost-efficient overseas competitors. The lessening of trade barriers has decreased opportunities in previously attractive markets. Many overseas competitors operate with greater economies of scale. Of varying cultures and coordination of globally dispersed operations. International management is relatively risk-free as compared to domestic management. Managers must compete with cost-efficient overseas competitors. The lessening of trade barriers has decreased opportunities in previously attractive markets. Many overseas competitors operate with greater economies of scale. Of varying cultures and coordination of globally dispersed operations. International management is relatively risk-free as compared to domestic management.Question 17 (1 point)
Most manufacturing companies begin global expansion through which entry mode? Question 17 options: Exporting. Wholly owned subsidiary. Franchising. Licensing. Joint venture. Most manufacturing companies begin global expansion through which entry mode? Most manufacturing companies begin global expansion through which entry mode? Exporting. Wholly owned subsidiary. Franchising. Licensing. Joint venture. Exporting. Wholly owned subsidiary. Franchising. Licensing. Joint venture.Question 18 (1 point)
Where global efficiency is not required but adapting to local conditions offers advantages, the __________ model of organizational structure is appropriate. Question 18 options: international multinational global transnational multimedia Where global efficiency is not required but adapting to local conditions offers advantages, the __________ model of organizational structure is appropriate. Where global efficiency is not required but adapting to local conditions offers advantages, the __________ model of organizational structure is appropriate. international multinational global transnational multimedia international multinational global transnational multimediaQuestion 19 (1 point)
Exporting, licensing, franchising, joint ventures, and wholly owned subsidiaries are all methods of Question 19 options: Identifying lucrative consumers on a global scale. Operating a transnational business. Entering overseas markets. Optimizing global profit. Reducing costs. Exporting, licensing, franchising, joint ventures, and wholly owned subsidiaries are all methods of Exporting, licensing, franchising, joint ventures, and wholly owned subsidiaries are all methods of Identifying lucrative consumers on a global scale. Operating a transnational business. Entering overseas markets. Optimizing global profit. Reducing costs. Identifying lucrative consumers on a global scale. Operating a transnational business. Entering overseas markets. Optimizing global profit. Reducing costs.Question 20 (1 point)
__________ is an arrangement by which an organization in another country buys the rights to manufacture another organization's product in its own country for a negotiated fee. Question 20 options: Franchising International licensing Entering a joint venture Exporting Royalty facilitation __________ is an arrangement by which an organization in another country buys the rights to manufacture another organization's product in its own country for a negotiated fee. __________ is an arrangement by which an organization in another country buys the rights to manufacture another organization's product in its own country for a negotiated fee. Franchising International licensing Entering a joint venture Exporting Royalty facilitation Franchising International licensing Entering a joint venture Exporting Royalty facilitationQuestion 21 (1 point)
The __________ organizational model is designed to enable a company to market a standardized product in the global marketplace and to manufacture that product in a limited number of locations where the mix of costs and skills is most favorable. Question 21 options: international multinational global transnational multimedia The __________ organizational model is designed to enable a company to market a standardized product in the global marketplace and to manufacture that product in a limited number of locations where the mix of costs and skills is most favorable. The __________ organizational model is designed to enable a company to market a standardized product in the global marketplace and to manufacture that product in a limited number of locations where the mix of costs and skills is most favorable. international multinational global transnational multimedia international multinational global transnational multimediaQuestion 22 (1 point)
Steps for establishing and reinforcing the codes of conduct for international business include which of the following? Question 22 options: Communicating the company's values. Taking action when standards are violated. Measuring ethical performance. Rewarding people for meeting ethical standards. All of the above are steps for establishing and reinforcing international codes of conduct. Steps for establishing and reinforcing the codes of conduct for international business include which of the following? Steps for establishing and reinforcing the codes of conduct for international business include which of the following? Communicating the company's values. Taking action when standards are violated. Measuring ethical performance. Rewarding people for meeting ethical standards. All of the above are steps for establishing and reinforcing international codes of conduct. Communicating the company's values. Taking action when standards are violated. Measuring ethical performance. Rewarding people for meeting ethical standards. All of the above are steps for establishing and reinforcing international codes of conduct.Question 23 (1 point)
The disorientation and stress associated with being in a foreign environment is termed Question 23 options: International mores. Homesickness. Culture shock. Out-of-country experience. Uncertainty distance. The disorientation and stress associated with being in a foreign environment is termed The disorientation and stress associated with being in a foreign environment is termed International mores. Homesickness. Culture shock. Out-of-country experience. Uncertainty distance. International mores. Homesickness. Culture shock. Out-of-country experience. Uncertainty distance.Question 24 (1 point)
An advantage of exporting as a global expansion entry mode is that Question 24 options: Economies of scale may be realized. The target site may have lower production costs. Transportation costs are generally lower. It is considered responsive to local needs. Trade barriers may be removed. An advantage of exporting as a global expansion entry mode is that An advantage of exporting as a global expansion entry mode is that Economies of scale may be realized. The target site may have lower production costs. Transportation costs are generally lower. It is considered responsive to local needs. Trade barriers may be removed. Economies of scale may be realized. The target site may have lower production costs. Transportation costs are generally lower. It is considered responsive to local needs. Trade barriers may be removed.Question 25 (1 point)
The most significant disadvantage of franchising concerns Question 25 options: The very low level of profit potential. The loss of control over technology that may affect an organization's ability to sustain a competitive advantage. High development costs related to a higher level of risk in worldwide operations. Loss of identification with local markets. Quality control. The most significant disadvantage of franchising concerns The most significant disadvantage of franchising concerns The very low level of profit potential. The loss of control over technology that may affect an organization's ability to sustain a competitive advantage. High development costs related to a higher level of risk in worldwide operations. Loss of identification with local markets. Quality control. The very low level of profit potential. The loss of control over technology that may affect an organization's ability to sustain a competitive advantage. High development costs related to a higher level of risk in worldwide operations. Loss of identification with local markets. Quality control. Third-country nationals. Host-country nationals. Globalite executives. Expatriates. Inpatriates.Explanation / Answer
12. Globalite executives.
13.International model.
14.Maastricht Treaty
15. Productivity.
16.Managers must compete with cost-efficient overseas competitors.
17.Joint venture.
18. global
19.
Operating a transnational business
20.International licensing
21.multinational
22. Communicating the company's values.