D312 Exam 1-Questions with 100% correct answers
A process whereby worldwide __________ in virtually every sphere of
activity are growing. Some of these __________ lead to ________
worldwide; others do not. "(Parker, 2005)
-interconnections
-interconnections
-integration/unity
A process whereby worldwide interconnections in virtually every sphere of activity are
growing. Some of these interconnections lead to integration/unity worldwide; others do not.
-globaliztion
4 Categories of Change that Illustrate the Process of Gloablization
-growing economic interconnectedness
-more complex and dynamic work environment
-increased use and sophistication of Information Technology
-more and different player on the global stage
Growing Economic Interconnectedness
-Regional Integration
-Customs Union
-Common Market
-Free trade area, no internal tariffs
Regional integration
,-no internal tariffs plus common external tariffs
Customs Union
-customs union plus factor mobility
Common Market
3 Largest Trade Groups
-European Union
-North American Free Trade Agreement (NAFTA)
-Asia-Pacific Economic Cooperation (APEC)
-account for about half of the world's trade
-formed as a result of the General Agreement on Tariffs and Trade with the goal of
reducing tariffs and liberalizing
World Trade Organization
-create a greater degree of interconnectedness among the world's economies
Goal of Trade Agreements
Gap between regional GDP growth rates of the fastest growing and least dynamic regions
of the world has begun to narrow (T or F)
True
FDI doesn't have a globalizing effect (T or F)
False
, -Downsizing
-Privitization
-Team-Based Management
-Migrants changing workforce composition
More Complex and Dynamic Work Environment
Enables formerly government-controlled enterprises to be available for purchase by
foreign firms, thus reducing boundaries
Privitization
-Firm
-Forgien Constituency
-Home and Host Country Governments
-Special Interest Groups
-International Agencies
-Small to Medium Sized Enterprises
Forces of Globalization
-Economic
-Legal
-Political
-Cultural
4 Elements of Global Manager's Environment
3 aspects that provide backdrop against which global managers must fuction
A process whereby worldwide __________ in virtually every sphere of
activity are growing. Some of these __________ lead to ________
worldwide; others do not. "(Parker, 2005)
-interconnections
-interconnections
-integration/unity
A process whereby worldwide interconnections in virtually every sphere of activity are
growing. Some of these interconnections lead to integration/unity worldwide; others do not.
-globaliztion
4 Categories of Change that Illustrate the Process of Gloablization
-growing economic interconnectedness
-more complex and dynamic work environment
-increased use and sophistication of Information Technology
-more and different player on the global stage
Growing Economic Interconnectedness
-Regional Integration
-Customs Union
-Common Market
-Free trade area, no internal tariffs
Regional integration
,-no internal tariffs plus common external tariffs
Customs Union
-customs union plus factor mobility
Common Market
3 Largest Trade Groups
-European Union
-North American Free Trade Agreement (NAFTA)
-Asia-Pacific Economic Cooperation (APEC)
-account for about half of the world's trade
-formed as a result of the General Agreement on Tariffs and Trade with the goal of
reducing tariffs and liberalizing
World Trade Organization
-create a greater degree of interconnectedness among the world's economies
Goal of Trade Agreements
Gap between regional GDP growth rates of the fastest growing and least dynamic regions
of the world has begun to narrow (T or F)
True
FDI doesn't have a globalizing effect (T or F)
False
, -Downsizing
-Privitization
-Team-Based Management
-Migrants changing workforce composition
More Complex and Dynamic Work Environment
Enables formerly government-controlled enterprises to be available for purchase by
foreign firms, thus reducing boundaries
Privitization
-Firm
-Forgien Constituency
-Home and Host Country Governments
-Special Interest Groups
-International Agencies
-Small to Medium Sized Enterprises
Forces of Globalization
-Economic
-Legal
-Political
-Cultural
4 Elements of Global Manager's Environment
3 aspects that provide backdrop against which global managers must fuction
