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Exam (elaborations)

D312 Exam 1 with verified detailed answers

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D312 Exam 1 with verified detailed answers

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D312 Exam 1 with verified detailed !| !| !| !| !| !|




answers

Globalization - Correct answer ✔"a process whereby worldwide
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interconnections in virtually every sphere of activity are growing. Some of
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these interconnections lead to integration/unity worldwide; others do not."
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Growing economic interconnectedness - Correct answer ✔- Regional
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integration (Free trade area, no internal tariffs)
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- Customs union (no internal tariffs plus common external tariffs)
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- Common market (customs union plus factor mobility)
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More complex and dynamic work environment - Correct answer ✔-
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Downsizing
-Privatization
-Team-based management !|




-Migrants changing workforce composition
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information technology advances - Correct answer ✔- ease of
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communication
-access to info and resources
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- employee work roles will need to be adjusted
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, More and different players on the global stage - Correct answer ✔- the
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increased permeability of boundaries associated with globalization also
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applies to illegal and terrorist activities
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role of global manager - Correct answer ✔- leadership
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- decision-making
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- communication
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-negotiation


Global environment: !|




- Economic
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- Legal
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- Political
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- Cultural
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What is culture and how it works - Correct answer ✔Culture is a set of
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knowledge structures consisting of systems of values, norms, attitudes,
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beliefs, and behavioral meanings that are shared by members of a social
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group (society) and embedded in its institutions and that are learned from
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previous generations. !|




National Culture - Correct answer ✔- Distinctive culture
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-Multiple cultures can exist within country borders
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-Cultural groups can span many countries
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