MGMT 485 TEST 1 QUESTIONS AND CORRECT ANSWERS
100% VERIFIED
International management - ANSWER the process of developing strategies, designing
and operating systems, and working with people around the world to ensure sustained
competitive advantage
what are some challengers that international managers face - ANSWER politics
cultural differences
global competition
terrorism
tech
sustainability
social obligation
globalization - ANSWER global competition characterized by networks of international
linkages that bind countries, institutions, and people in an interdependent global
economy.
human development index - ANSWER a composite index focusing on three basic
dimensions of human development
- ability to lead a long and healthy life, measured by life expectancy at birth
- ability to acquire knowledge, measured by mean years of schooling and expected
years of schooling
- ability to achieve a decent standard of living, measured by gross national income per
capita
trends from globalization - ANSWER balance of growth
productivity and consumption
, interconnectivity
gap
policies
emerging-market, embracing digital technologies
foreign direct investment - ANSWER investment by a multinational corporation in a
foreign country's economy.
challenges to globalism - ANSWER Backlash against capitalism and rekindling of
nationalism
Increased protectionism of high-demand resources
Need to develop top managers with international understanding and experience
Increasing pressure and publicity for companies to consider the social responsibility of
their actions
effects of globalization on corporations - ANSWER - global companies becoming no
longer tied to specific locations
- growth of developing economies
- greater transfer of financial tech and managerial resources.
effects of globalization on human capital - ANSWER - reshoring jobs to lower shipping
costs
- outsourcing white collar jobs to India
pink collar - ANSWER jobs traditionally filled by women service occupations, little pay or
prestige (waitress, secretary, teacher, etc.)
100% VERIFIED
International management - ANSWER the process of developing strategies, designing
and operating systems, and working with people around the world to ensure sustained
competitive advantage
what are some challengers that international managers face - ANSWER politics
cultural differences
global competition
terrorism
tech
sustainability
social obligation
globalization - ANSWER global competition characterized by networks of international
linkages that bind countries, institutions, and people in an interdependent global
economy.
human development index - ANSWER a composite index focusing on three basic
dimensions of human development
- ability to lead a long and healthy life, measured by life expectancy at birth
- ability to acquire knowledge, measured by mean years of schooling and expected
years of schooling
- ability to achieve a decent standard of living, measured by gross national income per
capita
trends from globalization - ANSWER balance of growth
productivity and consumption
, interconnectivity
gap
policies
emerging-market, embracing digital technologies
foreign direct investment - ANSWER investment by a multinational corporation in a
foreign country's economy.
challenges to globalism - ANSWER Backlash against capitalism and rekindling of
nationalism
Increased protectionism of high-demand resources
Need to develop top managers with international understanding and experience
Increasing pressure and publicity for companies to consider the social responsibility of
their actions
effects of globalization on corporations - ANSWER - global companies becoming no
longer tied to specific locations
- growth of developing economies
- greater transfer of financial tech and managerial resources.
effects of globalization on human capital - ANSWER - reshoring jobs to lower shipping
costs
- outsourcing white collar jobs to India
pink collar - ANSWER jobs traditionally filled by women service occupations, little pay or
prestige (waitress, secretary, teacher, etc.)
