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D312 Exam 1 Questions with Detailed Verified
Answers
Globalization Ans: "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."
Growing economic interconnectedness Ans: - Regional integration (Free
trade area, no internal tariffs)
- Customs union (no internal tariffs plus common external tariffs)
- Common market (customs union plus factor mobility)
More complex and dynamic work environment Ans: -Downsizing
-Privatization
-Team-based management
-Migrants changing workforce composition
information technology advances Ans: - ease of communication
-access to info and resources
- employee work roles will need to be adjusted
More and different players on the global stage Ans: - the increased
permeability of boundaries associated with globalization also applies to
illegal and terrorist activities
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role of global manager Ans: - leadership
- decision-making
- communication
-negotiation
Global environment:
- Economic
- Legal
- Political
- Cultural
What is culture and how it works Ans: Culture is a set of knowledge
structures consisting of systems of values, norms, attitudes, beliefs, and
behavioral meanings that are shared by members of a social group
(society) and embedded in its institutions and that are learned from
previous generations.
National Culture Ans: - Distinctive culture
-Multiple cultures can exist within country borders
-Cultural groups can span many countries
-Hofstede favors country culture
-Nations as political entities
-Official languages within nations
D312 Exam 1 Questions with Detailed Verified
Answers
Globalization Ans: "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."
Growing economic interconnectedness Ans: - Regional integration (Free
trade area, no internal tariffs)
- Customs union (no internal tariffs plus common external tariffs)
- Common market (customs union plus factor mobility)
More complex and dynamic work environment Ans: -Downsizing
-Privatization
-Team-based management
-Migrants changing workforce composition
information technology advances Ans: - ease of communication
-access to info and resources
- employee work roles will need to be adjusted
More and different players on the global stage Ans: - the increased
permeability of boundaries associated with globalization also applies to
illegal and terrorist activities
, Page | 2
role of global manager Ans: - leadership
- decision-making
- communication
-negotiation
Global environment:
- Economic
- Legal
- Political
- Cultural
What is culture and how it works Ans: Culture is a set of knowledge
structures consisting of systems of values, norms, attitudes, beliefs, and
behavioral meanings that are shared by members of a social group
(society) and embedded in its institutions and that are learned from
previous generations.
National Culture Ans: - Distinctive culture
-Multiple cultures can exist within country borders
-Cultural groups can span many countries
-Hofstede favors country culture
-Nations as political entities
-Official languages within nations
