WVU BCOR 370 MAIN EXAMINATION SET QUESTIONS
AND ANSWERS SURE A+
✔✔Sources of Resistance to Change - ✔✔-costs
-self interest / fear of loss
-uncertainty / fear of unknown
-breaking routines
-differing goals
-lack of understanding and trust
✔✔How to overcome resistance to change - ✔✔-communication
-participation
-negotiation
-coercion
✔✔International Management - ✔✔the management of business operations conducted
in more than one country
✔✔multinational corporation (MNC) - ✔✔global company; A large business organization
operating in a number of different national economies; the term implies a more
extensive form of transnational corporation.
✔✔Transnational Corporations (TNCs) - ✔✔companies that operate on a global scale
with integrated operations across regions and countries; multi-domestic companies
✔✔Borderless corporation - ✔✔operate around the world simultaneously
✔✔Strategic partnerships - ✔✔long-term business relationships in which the partner
organizations make significant investments to improve the profitability of both parties;
ex. licensing
✔✔Hofstede's Cultural Dimensions - ✔✔power distance, individualism, masculinity vs.
feminism, uncertainty avoidance, long-term orientation
✔✔Economic environment - ✔✔Infrastructure, resource and product markets, exchange
rates
✔✔Legal Political Environment - ✔✔political risk & instability, laws ®ulations
✔✔ Organizational Structure - ✔✔framework of jobs and departments that directs the
behavior of individuals and groups towards achieving the organization's objectives
✔✔Work Specialization - ✔✔subdivision of tasks into individual jobs
AND ANSWERS SURE A+
✔✔Sources of Resistance to Change - ✔✔-costs
-self interest / fear of loss
-uncertainty / fear of unknown
-breaking routines
-differing goals
-lack of understanding and trust
✔✔How to overcome resistance to change - ✔✔-communication
-participation
-negotiation
-coercion
✔✔International Management - ✔✔the management of business operations conducted
in more than one country
✔✔multinational corporation (MNC) - ✔✔global company; A large business organization
operating in a number of different national economies; the term implies a more
extensive form of transnational corporation.
✔✔Transnational Corporations (TNCs) - ✔✔companies that operate on a global scale
with integrated operations across regions and countries; multi-domestic companies
✔✔Borderless corporation - ✔✔operate around the world simultaneously
✔✔Strategic partnerships - ✔✔long-term business relationships in which the partner
organizations make significant investments to improve the profitability of both parties;
ex. licensing
✔✔Hofstede's Cultural Dimensions - ✔✔power distance, individualism, masculinity vs.
feminism, uncertainty avoidance, long-term orientation
✔✔Economic environment - ✔✔Infrastructure, resource and product markets, exchange
rates
✔✔Legal Political Environment - ✔✔political risk & instability, laws ®ulations
✔✔ Organizational Structure - ✔✔framework of jobs and departments that directs the
behavior of individuals and groups towards achieving the organization's objectives
✔✔Work Specialization - ✔✔subdivision of tasks into individual jobs
