MGMT 371 chapter 4 Questions with 100% Correct Answers | Latest Update 2024 Verified

Caleb, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Caleb later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies can get started more easily and maneuver faster. As the owner of a small business, Esma would like to move the sale of her candles from storefronts to the Internet. She can readily make this move for her business because technological advances allow NOT (almost anyone to be global, with two varying results: Small companies can get started more easily but move slower.) Ashanti, the vice president of marketing, is talking to Prisha, a sales manager in a foreign office, about several local situations that Prisha's reps are facing in their territory. Ashanti tells Prisha that she believes there are differences and similarities between home and foreign personnel and practices, and that Prisha should use whatever techniques are most effective. Ashanti is a(n) ________ manager. Geocentric A major U.S.-based commercial construction firm has established operations in Belize. Wyatt has been managing the Belizean operations for several months, and is perplexed as to why the workers arrive late, take long lunches, and leave early on Wednesdays. He begins requiring employees to punch in and out on a time clock. Wyatt's decision to utilize a time clock, something common in U.S. workplaces, may signal that he is a(n) ________ manager. Ethnocentric The Management in Action case details how German telecommunications operators use Huawei's technology because it is cheaper to secure. What type of international expansion does this represent? Outsourcing DigiFree is a Canadian company that specializes in software development. Rainy Day is an Italian company that operates a world-class cloud computing platform that ensures "all your files will be safe from the rainy days." DigiFree and Rainy Day recently developed a(n) ________ to work together to market their software and cloud services to businesses in Nigeria, sharing the risks and rewards of starting the new enterprise together. NOT (greenfield venture) Orlando, the owner of a Belgian event-planning company called Memory Makers, plans to open a marketing company that fo