MGMT 478 Ch.11 Exam Questions With
Verified Answers
High corporate tax rates in foreign countries can significantly deter investment
in which of the following? - ANSWER New Factories
Tax rates are an important strategic consideration regarding where to build
manufacturing facilities or retail stores, or even where to acquire other firms.
High corporate tax rates deter investment in new factories while providing
corporations incentives to avoid and evade taxes.
If a company does not want wage rates to increase, which strategic decision
might be impacted by the prevalence of labor unions in Europe? - ANSWER
where to locate stores
The existence or prevalence of labor unions across Europe can be an important
factor in many strategic
decisions—such
as where to locate stores or
factories—because
companies often prefer to avoid unions, which raise wage rates.
perhaps the greatest advantage of doing business globally is - ANSWER gaining
new customers
When a firm expands globally by building larger facilities and gaining
efficiencies, thereby allowing for higher sales volume and lower-price offerings,
which advantage of going global is it realizing? - ANSWER economies of scale
______ is when a U.S. firm moves part or all of its manufacturing back to the U.S.
- ANSWER reshoring
Reshoring refers to U.S. companies moving a portion of their manufacturing
back to the United States. Many U.S. companies plan to reshore in 2018-2020 to
take advantage of new U.S. tax laws, to get products to market faster, to
respond rapidly to customer orders, to save from reduced transportation and
warehousing, and to improve quality and protection of intellectual property.
One trend in outsourcing is that ______ have become major suppliers of
intellectual property. - ANSWER china and india
, For more than a decade, U.S. and European companies have mostly insisted on
keeping R&D activities in-house. However, an ever-growing number of firms are
now outsourcing their product design to Asian developers. China and India have
become important suppliers of intellectual property.
In countries such as Japan, China and South Korea, business relations operate
within similar contexts containing ______. - ANSWER good harmony and personal
relations
In Japan, for example, business relations operate within the context of Wa,
which stresses group harmony and social cohesion. In China, business behavior
revolves around guanxi, or personal relations. In South Korea, activities involve
concern for inhwa, or harmony based on respect of hierarchical relationships,
including obedience to authority.
Which of the following is true regarding differences across cultures of which
U.S. managers should be especially aware? - ANSWER eating habits vary
dramatically across cultures
Eating habits differ dramatically across cultures. For example, belching is
acceptable in some countries as evidence of satisfaction with the food that has
been prepared. Chinese culture considers it good manners to sample a portion
of each food served.
Which country's rate of female participation in the labor force is quite low
because of an expectation that females act as the primary caretakers of their
families? - ANSWER India
India's rate of female participation in the labor force is about 35 percent; this is
quite low, especially considering that women make up about 42 percent of
college graduates in India. Even Indian women with a college degree are
expected to care for their husbands, children, and elderly parents while their
careers take a back seat.
Mexican businesses seek workers who are ______. - ANSWER agreeable,
respectful and obedient
In general, Mexican employers seek workers who are agreeable, respectful, and
obedient rather than innovative, creative, and independent. Typically, when
visitors enter a Mexican business, they are met with a cordial, friendly
atmosphere. This is because Mexicans desire harmony rather than conflict.
The World Bank and the International Finance Corporation annually rank 189
countries in terms of their respective ease of doing business. In 2018, which
country was rated as the overall best? - ANSWER New Zealand
Verified Answers
High corporate tax rates in foreign countries can significantly deter investment
in which of the following? - ANSWER New Factories
Tax rates are an important strategic consideration regarding where to build
manufacturing facilities or retail stores, or even where to acquire other firms.
High corporate tax rates deter investment in new factories while providing
corporations incentives to avoid and evade taxes.
If a company does not want wage rates to increase, which strategic decision
might be impacted by the prevalence of labor unions in Europe? - ANSWER
where to locate stores
The existence or prevalence of labor unions across Europe can be an important
factor in many strategic
decisions—such
as where to locate stores or
factories—because
companies often prefer to avoid unions, which raise wage rates.
perhaps the greatest advantage of doing business globally is - ANSWER gaining
new customers
When a firm expands globally by building larger facilities and gaining
efficiencies, thereby allowing for higher sales volume and lower-price offerings,
which advantage of going global is it realizing? - ANSWER economies of scale
______ is when a U.S. firm moves part or all of its manufacturing back to the U.S.
- ANSWER reshoring
Reshoring refers to U.S. companies moving a portion of their manufacturing
back to the United States. Many U.S. companies plan to reshore in 2018-2020 to
take advantage of new U.S. tax laws, to get products to market faster, to
respond rapidly to customer orders, to save from reduced transportation and
warehousing, and to improve quality and protection of intellectual property.
One trend in outsourcing is that ______ have become major suppliers of
intellectual property. - ANSWER china and india
, For more than a decade, U.S. and European companies have mostly insisted on
keeping R&D activities in-house. However, an ever-growing number of firms are
now outsourcing their product design to Asian developers. China and India have
become important suppliers of intellectual property.
In countries such as Japan, China and South Korea, business relations operate
within similar contexts containing ______. - ANSWER good harmony and personal
relations
In Japan, for example, business relations operate within the context of Wa,
which stresses group harmony and social cohesion. In China, business behavior
revolves around guanxi, or personal relations. In South Korea, activities involve
concern for inhwa, or harmony based on respect of hierarchical relationships,
including obedience to authority.
Which of the following is true regarding differences across cultures of which
U.S. managers should be especially aware? - ANSWER eating habits vary
dramatically across cultures
Eating habits differ dramatically across cultures. For example, belching is
acceptable in some countries as evidence of satisfaction with the food that has
been prepared. Chinese culture considers it good manners to sample a portion
of each food served.
Which country's rate of female participation in the labor force is quite low
because of an expectation that females act as the primary caretakers of their
families? - ANSWER India
India's rate of female participation in the labor force is about 35 percent; this is
quite low, especially considering that women make up about 42 percent of
college graduates in India. Even Indian women with a college degree are
expected to care for their husbands, children, and elderly parents while their
careers take a back seat.
Mexican businesses seek workers who are ______. - ANSWER agreeable,
respectful and obedient
In general, Mexican employers seek workers who are agreeable, respectful, and
obedient rather than innovative, creative, and independent. Typically, when
visitors enter a Mexican business, they are met with a cordial, friendly
atmosphere. This is because Mexicans desire harmony rather than conflict.
The World Bank and the International Finance Corporation annually rank 189
countries in terms of their respective ease of doing business. In 2018, which
country was rated as the overall best? - ANSWER New Zealand
