Man 2021 Chapter 3 Questions And
Answers.
County changing global environment
The medical diagnostics and device manufacturing sectors, as well as the pharmaceutical sector,
are growing rapidly. - Answer India
County changing global environment
Foreign companies often offshore their manufacturing here. - Answer China
County changing global environment
The agricultural and mining sectors are growing rapidly. - Answer Brazil
To be considered an MNC, a company based in the United States earns ____________ of its
total sales revenues from operations outside the United States. - Answer more than 25%
A company that treats its resources, products, and people as transcending national boundaries
is ___________ company, and it will hire and transfer people for key positions without regard to
nationality. - Answer a geocentric
When a company _________ technology to a company in another country, the foreign company
can use that technology to make a product similar to the one the first company makes but using
its own systems and name. - Answer licenses
Jerzy thinks that he would like to work closely with someone who really knows the Spanish
market, and he is not concerned with maintaining high levels of control over his product. He is
considering giving Leon the rights to use his shoe designs for a fee. This will keep Jerzy's costs
down but still give his shoes a wider exposure. - Answer licensing
Jerzy knows that he will have to expand his operations if he wants to produce enough shoes for
an international market. He has heard that there are shoe dyers in the Ukraine who will work
for much lower prices than the dyers in his town charge. Jerzy is considering sending some of
his work out to a Ukrainian shoe dying factory as a way to keep his costs down while he
determines exactly how much demand exists for his product. - Answer Global outsourcing
Answers.
County changing global environment
The medical diagnostics and device manufacturing sectors, as well as the pharmaceutical sector,
are growing rapidly. - Answer India
County changing global environment
Foreign companies often offshore their manufacturing here. - Answer China
County changing global environment
The agricultural and mining sectors are growing rapidly. - Answer Brazil
To be considered an MNC, a company based in the United States earns ____________ of its
total sales revenues from operations outside the United States. - Answer more than 25%
A company that treats its resources, products, and people as transcending national boundaries
is ___________ company, and it will hire and transfer people for key positions without regard to
nationality. - Answer a geocentric
When a company _________ technology to a company in another country, the foreign company
can use that technology to make a product similar to the one the first company makes but using
its own systems and name. - Answer licenses
Jerzy thinks that he would like to work closely with someone who really knows the Spanish
market, and he is not concerned with maintaining high levels of control over his product. He is
considering giving Leon the rights to use his shoe designs for a fee. This will keep Jerzy's costs
down but still give his shoes a wider exposure. - Answer licensing
Jerzy knows that he will have to expand his operations if he wants to produce enough shoes for
an international market. He has heard that there are shoe dyers in the Ukraine who will work
for much lower prices than the dyers in his town charge. Jerzy is considering sending some of
his work out to a Ukrainian shoe dying factory as a way to keep his costs down while he
determines exactly how much demand exists for his product. - Answer Global outsourcing
