ITB 300 Complete Course
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Wednesday, 4 November 2015

ITB 300 Complete Course

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WEEK 1

"The Role of MNCs in International Business" Please respond to the following:



  • Examine two (2) current trends in international business discussed in the text. Compare and contrast the chosen trends in terms of their suspected catalyst, their impact on their global economy, and their anticipated duration.
  • From the e-Activity, analyze the potential benefit of McDonald’s global expansion to Vietnam. Predict key ways in which the new local brand of the McPork line of burgers may provide an advantage over other similar MNCs throughout Asia. Support your response with specific examples of such potential advantages for McDonald’s.
WEEK 2
"The Role of Technology on MNCs" Please respond to the following:
  • Specify the fundamental manner in which the technological environment discussed in the text is compelling MNCs to explore outsourcing and offshoring opportunities. Provide at least two (2) examples of such exploration to support your response.
  • Examine the primary manner in which the emergence of technology may result in greater integration and dependencies among economies, political systems, and financial markets. Formulate at least two (2) examples of such results to support your response.
WEEK 3

"The Role of Culture on International Business" Please respond to the following:
  • Imagine you work for a U.S. based organization that is considering expansion into Saudi Arabia. Examine the different methods for assessing the cultural context of a society, such as Hofstede, Trompenaar, and others discussed in this week’s reading, and determine the method that you believe would be the most effective for your organization to apply. Justify your response.
  • From the e-Activity, compare and contrast Renault’s and Nissan’s overall cultural environments. Specify key strategies that an auto company such as Renault-Nissan could use in order to transcend national culture and still operate across boundaries with the full integration of functions and with global economies of scale.
WEEK 4
"Cross-Cultural Negotiations" Please respond to the following:
  • Analyze the main manner in which culture and communication may affect the negotiation process. Propose your own best practice for accommodating multiculturalism when negotiating internationally. Provide a rationale for your response.
  • From the e-Activity, compare and contrast two (2) international regions or countries with respect to their different culture-specific characteristics, as well as their negotiation styles and tactics. Recommend the best method(s) to overcome potential barriers in order for successful negotiations to occur. Provide at least one (1) example that illustrates the effectiveness of your suggested method(s).
WEEK 5
"International Management Strategies" Please respond to the following:
  • From the first e-Activity, explore the significant differences between the two (2) selected companies, specifically those differences that allowed one (1) company to be globalized immediately (i.e., “born global”), while the other required significant growth (i.e., expanded from domestic to global operations). Provide specific examples of each company’s business strategies to support your answer.
  • From the first and second e-Activities, compare Walmart’s international strategy to the two (2) previously selected companies that you researched for Part 1 of this discussion. Differentiate between each of the international strategies that each company has applied, and examine at least one (1) implication of each strategy relative to global recognition. Provide a rationale for your response.
  • WEEK 6
"Entry Strategies of MNCs" Please respond to the following:
  • From the e-Activity, compare and contrast the entry strategy and organizational structure of each selected MNC. Examine the degree to which organizational characteristics such as formalization, specialization, and centralization influence each MNC’s organizational structure and functions.
  • From the e-Activity, analyze the different strategies that each MNC uses in order to mitigate political risks within its chosen foreign market. Assess the effectiveness of the integrative, protective, and defensive techniques that each MNC uses in an attempt to protect itself from government interference. Support your response with at least two (2) examples of such techniques.
WEEK 7

"The Impact of Management’s Control Processes" Please respond to the following:
  • From the e-Activity, compare and contrast each selected company in terms of its controlling process (i.e., internal, external, direct or indirect controls) and quality performance measures. Classify the major differences in the fundamental ways that each MNC controls its operations.
  • Examine the primary performance measures that each selected company uses in order to control international operations. Make at least one (1) recommendation for improvement. Provide at least two (2) examples that illustrate the benefits of your recommendation(s).
  • WEEK 8
"Motivation in Practice" Please respond to the following:
  • Review the International Management in Action: “McDonald’s Latin Flavor” article, located on page 432 in the text. Suggest at least two (2) different ways that McDonald’s has applied theories of motivation within its initiatives in Latin American cultures to create motivation throughout the organization. Support your response with at least two (2) examples of the chosen motivational theories in action.
  • Specify the most effective ways that McDonald’s could leverage the link between job design, motivation, and rewards. Make at least one (1) recommendation to improve McDonald’s Latin American initiatives. Provide at least two (2) examples that illustrate the benefits of your recommendation(s).
WEEK 9

"Leadership in the International Context " Please respond to the following:
  • From the e-Activity, compare and contrast the leadership styles of each MNC that you have researched. Analyze the primary manner in which each MNC is culturally sensitive and adaptable to a global environment. Support your response with specific examples of the leadership styles within each MNC.
  • Imagine that you now occupy a leadership position within one (1) of the MNCs that you researched. Considering your own personality, work habits, leadership style, values, and cultural understanding, suggest the principal manner in which your leadership style would impact the selected MNC’s global strategy, in comparison to the leadership style in existence.
WEEK 10
"Preparation for International Assignments" Please respond to the following:
  • Imagine that you work for a U.S. based organization that is considering sending you on a two-year international assignment to either New Delhi, India, or Madrid, Spain. From the e-Activity, speculate on your potential adaptability to cultural change for each country, and suggest the primary strategies that you would use for dealing with socio-cultural and psychological adjustments. Justify your response.
  • Suggest to your management team the main reason(s) why you should undergo cross-cultural training, and give an example of at least one (1) type of training that could be effective for your international assignment. Specify the principal advantages of implementing a cultural assimilator as a training devise and learning technique for both you and your organization’s management. Provide a rationale for your response.
WEEK 11
"MNCs and the Environment" Please respond to the following:
  • Analyze the significant manner in which the external environment affects the success of an MNC within a global market. Suggest two to three (2-3) actions that MNCs should take in order to be more socially and environmentally responsive to the problems of the emerging world. Justify your response.
  • Using an example from a successful MNC discussed in class, prioritize the main opportunities and challenges facing the company in terms of the impact to the company and its position for future growth. Provide a rationale for your response.
Quizzes
Which country receives the most foreign direct investment (FDI) by U.S. companies?
· Question 2
3 out of 3 points
In the early 1990s, _____ had recovered from its economic problems of the previous decade and become the strongest economy in Latin America.
· Question 3
3 out of 3 points
A major development in South America is:
· Question 4
3 out of 3 points
The term used to indicate the amount invested in property, plant, and equipment in another country is:
· Question 5
3 out of 3 points
The former communist countries that have become most visible in the international arena include:
· Question 6
0 out of 3 points
The European Union:
· Question 7
3 out of 3 points
In 2009, FDI inflows and outflows:
· Question 8
3 out of 3 points
The Asian economic block, made up of Indonesia, Malaysia, the Philippines, Singapore, Brunei, Thailand, Cambodia, Myanmar, and Vietnam is referred to as:
· Question 9
3 out of 3 points
Chaebols are large, family-held conglomerates in:
· Question 10
3 out of 3 points
The NAFTA agreement and the CAFTA-DR agreement are examples of:
· Question 11
3 out of 3 points
The United States holds a dominant position in all of the following industries except:
· Question 12
3 out of 3 points
MITI is a _____ government agency that identifies and ranks national commercial pursuits and guides the distribution of national resources to meet these goals.
· Question 13
3 out of 3 points
A method which adjusts GDP to account for different prices in countries is called:
· Question 14
3 out of 3 points
The ultimate objective of the EU is to:
· Question 15
3 out of 3 points
Which of the following countries was not among the world's 10 most competitive nations in 2013?
quiz 4
The family culture is foreign to most in:
Question 2
3 out of 3 points
A _____ group is a group that is characterized by members who share similar backgrounds and generally perceive, interpret, and evaluate events in similar ways.
Question 3
3 out of 3 points
Trompenaars found that a(n) _____ organizational culture is common in countries such as Turkey, Pakistan, Venezuela, China, Hong Kong, and Singapore.
Question 4
3 out of 3 points
When it works well, the _____ culture can catalyze and multiply the energies of the personnel and appeal to their deepest feelings and aspirations.
Question 5
3 out of 3 points
Rules that dictate the dos and don'ts of employee behavior relating to areas such as productivity, customer relations, and intergroup cooperation, are characteristics associated with an organization’s:
Question 6
3 out of 3 points
The following deal with largest, worldwide markets:
Question 7
3 out of 3 points
_____ is a pattern of basic assumptions that are developed by a group as it learns to cope with problems of external adaptation and internal integration and that are taught to new members as the correct way to perceive, think, and feel in relation to these problems.
Question 8
3 out of 3 points
A _____ group is a group in which two or more members represent each of two distinct cultures, such as four Mexicans and four Taiwanese who have formed a team to investigate the possibility of investing in a venture.
Question 9
3 out of 3 points
Change in the incubator culture is:
Question 10
3 out of 3 points
Multicultural teams are most effective when they face tasks requiring:
Question 11
0 out of 3 points
Organizational climate is reflected by:
Question 12
3 out of 3 points
Norms are reflected by things such as:
Question 13
3 out of 3 points
_____ cultures often create environments where participants thrive in an intense, emotional commitment to the nature of the work.
Question 14
0 out of 3 points
A(n) _____ organizational culture is characterized by a strong emphasis on equality and orientation to the person.
Question 15
3 out of 3 points
When individuals join a multinational corporation they bring their national culture, which greatly affects all the following except:
Question 16
3 out of 3 points
Distributive negotiation:
Question 17
3 out of 3 points
Integrative negotiation:
Question 18
3 out of 3 points
Which style of communication focuses on precision and the use of the right amount of words to convey the message?
Question 19
3 out of 3 points
The final step in the negotiation process is:
Question 20
3 out of 3 points
Which of the following steps in the negotiation process is considered by many to be the most important?
Question 21
3 out of 3 points
Which style of communication focuses on the speaker and relationship of the parties?
Question 22
3 out of 3 points
The nonverbal method of communicating through the use of eye contact and gaze is:
Question 23
3 out of 3 points
Messages are implicit and often highly coded in:
Question 24
3 out of 3 points
Tactics used in international negotiating include:
Question 25
3 out of 3 points
A monochronic time schedule is one in which:
Question 26
3 out of 3 points
In which step of the negotiation process does each group set forth its position on critical issues?
Question 27
3 out of 3 points
The process of bargaining with one or more parties for the purpose of arriving at a solution that is acceptable to all is:
Question 28
3 out of 3 points
In communicating on a face-to-face basis, _____ distance is used to handle most business transactions.
Question 29
3 out of 3 points
This style of communication is characterized by language, which requires the listener to carefully note what is being said and to observe how the sender is presenting the message.
Question 30
3 out of 3 points
Which of the following "distances" is used for talking with family and close friends?
quiz 5
3 out of 3 points
A key success factor is a factor that is necessary for a firm to compete effectively in a(n):
· Question 2
3 out of 3 points
_____ attempts to provide management with accurate forecasts of trends that relate to external changes in geographic areas where the firm is currently doing business or considering setting up operations.
· Question 3
3 out of 3 points
MNCs using the _____ approach to strategic planning are country-responsive; their approach is designed to protect local market niches.
· Question 4
3 out of 3 points
Within the context of international management, the "base of the pyramid" refers to:
· Question 5
3 out of 3 points
Once strategic goals are set, an MNC will develop specific _____ goals and controls, usually through a two-way process at the subsidiary or affiliate level.
· Question 6
3 out of 3 points
For products like computers, Japanese firms:
· Question 7
3 out of 3 points
When market liberalization is delayed:
· Question 8
3 out of 3 points
Many large MNCs work to combine the ___________ approaches to strategic planning.
· Question 9
3 out of 3 points
These individuals are the key to stimulating profit growth within a company.
· Question 10
3 out of 3 points
The approach to strategic formulation and implementation utilizing strategies of TQM to meet or exceed customers' expectations and continuously improve products and/or services is referred to as the:
· Question 11
3 out of 3 points
The process of providing goods and services in accord with a plan of action is:
· Question 12
3 out of 3 points
TQM techniques range from traditional inspection and statistical quality control to cutting-edge human resource management techniques, such as:
· Question 13
3 out of 3 points
Honda and General Motors have both built plants in Thailand to take advantage of
· Question 14
3 out of 3 points
One of the most important foci in _____ is the market and includes the role of all potential competitors and the relationships surrounding those competitors, such as affiliation with one another or the connection between the company and its customers and suppliers.
· Question 15
3 out of 3 points
The process of determining an organization's basic mission and long-term objectives and then implementing a plan of action for attaining these goals is:
quiz 2
3 out of 3 points
According to the text, NYNEX holds a stake in:
· Question 2
0 out of 3 points
Low-paid workers in India and Asian countries now are being given subcontracted work such as:
· Question 3
3 out of 3 points
According to the text, _____ is one of the biggest problems facing MNCs.
· Question 4
3 out of 3 points
Identify the option that would constitute white-collar service industries.
· Question 5
3 out of 3 points
Aristotle and David Hume contributed to the principle of:
· Question 6
3 out of 3 points
The creation of a digital framework
· Question 7
3 out of 3 points
Multinational corporations in China are faced with a multitude of problems except:
· Question 8
3 out of 3 points
_____ law comes from English law and is the foundation of the legal system in the United States, Canada, England, Australia, New Zealand, and others.
· Question 9
3 out of 3 points
The _____ holds that governments have the right to rule themselves as they see fit.
· Question 10
0 out of 3 points
The _____ principle holds that every nation has the right of jurisdiction within its legal territory.
· Question 11
3 out of 3 points
MNCs have moved certain production activities overseas to capitalize on:
· Question 12
3 out of 3 points
The totalitarian form of government is to be seen in:
· Question 13
3 out of 3 points
Some observers have noted that technology already has eliminated much and in the future will eliminate even more of the work now being done by:
· Question 14
3 out of 3 points
The statute that makes it illegal to influence foreign officials through personal payment of political contributions is referred to as the:
· Question 15
0 out of 3 points
The _____ principle holds that every country has jurisdiction (authority or power) over its citizens no matter where they are located.
· Question 16
3 out of 3 points
Which of the following MNCs announced in January 2004 that it would no longer finance certain projects in emerging markets identified by the Rainforest Action Network (RAN) as damaging to the environment?
· Question 17
3 out of 3 points
Which of the following is the most urgent need of developing countries?
· Question 18
3 out of 3 points
Which of the following constitutes an ambitious agenda to significantly improve the human condition by 2015?
· Question 19
Corporate governance:
· Question 20
3 out of 3 points
The elimination of discrimination with respect to employment and occupation is a principle of the Global Compact which applies to:
· Question 21
3 out of 3 points
"Crony capitalism" describes business practices in countries with:
· Question 22
3 out of 3 points
The Millennium Development goals constitute an ambitious agenda by the _____ to improve the human condition.
· Question 23
3 out of 3 points
Which of the following views the individual as part of, rather than separate from, nature?
· Question 24
3 out of 3 points
Which of the following companies was accused in 2010 of cutting corners on environmental protection and ethical business practices?
· Question 25
3 out of 3 points
The study of morality and standards of conduct is referred to as:
· Question 26
3 out of 3 points
Latin American countries have established the _____ Inter-American Convention Against Corruption, which entered into force in March 1997.
· Question 27
0 out of 3 points
According to the World Economic Forum, which country ranked highest in 2012 on economic opportunities and political empowerment of women?
· Question 28
3 out of 3 points
The issue of relatively low wages paid by subcontractors to workers in ______ made headlines in 2010 after a series of suicides by factory workers.
· Question 29
3 out of 3 points
The U.K. and U.S. systems have been termed _____ systems because of dispersed ownership of corporate equity among a large number of external investors.
· Question 30
3 out of 3 points
The following regions are most associated with "crony capitalism" except:
quiz 3
ut of 3 points
Hofstede's _____ dimension looked at the relationship between gender and work roles.
· Question 2
3 out of 3 points
The three completed GLOBE phases explore the various elements of the dynamic relationship between ______ and ______.
· Question 3
3 out of 3 points
_____ is the belief that circumstances dictate how ideas and practices should be applied.
· Question 4
3 out of 3 points
If a culture encourages stability, it means that it:
· Question 5
0 out of 3 points
A(n) _____ culture accords status based on age, gender, or social connections.
· Question 6
0 out of 3 points
Which of the following questions is not included in the specific objectives of the GLOBE project?
· Question 7
3 out of 3 points
According to Dutch researcher Geert Hofstede, there are four original dimensions of culture. These are:
· Question 8
3 out of 3 points
_____ is "the extent to which people feel threatened by ambiguous situations and have created beliefs and institutions that try to avoid these."
· Question 9
3 out of 3 points
Identify the handshake that does not accurately match the culture it is associated.
· Question 10
3 out of 3 points
According to a cross-cultural study of differences in work values, _____ managers place a high value on the tactful acquisition of influence and regard for others.
· Question 11
3 out of 3 points
Countries that have high individualism and relatively low power distance show the following features:
· Question 12
3 out of 3 points
According to a cross-cultural study of differences in work values, _____ managers place a high value on deference to superiors, on company commitment and on the cautious use of aggressiveness and control.
· Question 13
3 out of 3 points
Culturally, a German can be expected to have a _____ handshake.
· Question 14
3 out of 3 points
According to Trompenaars, it is important to play hardball, test the resilience of the opponent, win some objectives, and always lose from time to time when dealing with those from cultures that believe:
· Question 15
3 out of 3 points
Paternalism, measured by a manager's involvement in both personal and off-the-job problems of subordinates is very important in:
· Question 16
3 out of 3 points
In regard to the cultural dimension, "What is the person's relationship to other people?" the dominant characteristic for American managers is:
· Question 17
3 out of 3 points
In practice, guanxi resembles:
· Question 18
3 out of 3 points
If businesspeople in ______ commit themselves to a date in the future and fail to show up, they feel no guilt or concern because they believe they have no control over time in the first place.
· Question 19
3 out of 3 points
Advertising in _____ is predominantly emotional, dramatic and symbolic.
· Question 20
3 out of 3 points
The companies constituting 50 percent of the global market share in the smartphone industry are:
· Question 21
0 out of 3 points
An MNC with an ethnocentric predisposition:
· Question 22
3 out of 3 points
Malaysia has what is called a _____.
· Question 23
3 out of 3 points
Many in the United States believe that it is more difficult to get along with the _____ than with other Europeans.
· Question 24
3 out of 3 points
An important cultural contrast between Arabs and Americans is that of emotion and logic. Arabs often act based on _____; in contrast, those in an Anglo culture are taught to act on _____.
· Question 25
3 out of 3 points
Experienced travelers report that the primary criterion for doing business in China is:
· Question 26
3 out of 3 points
If a U.S. manager acted the same way with a British manager as he/she does with a Chinese manager, the U.S. manager will be exhibiting a behavioral process referred to as:
· Question 27
3 out of 3 points
The five criteria in the acronym HAIRL stands for:
· Question 28
3 out of 3 points
In Great Britain, Ireland, and the United States, managers value their individualism and are motivated by all the following opportunities except:
· Question 29
3 out of 3 points
Which of the following is a traditional behavior of Chinese businesspeople?
· Question 30
3 out of 3 points
In which of the following countries are spots viewed as cultural events and reviewed as if they were literature or films?
quiz 7
· 3 out of 3 points
One technique associated with TQM is the use of ongoing training to achieve:
· Question 2
3 out of 3 points
In comparing the control mechanisms used by U.S. and European firms, it has been found that U.S. firms make greater use of _____ control, while European firms rely more heavily on _____ control.
· Question 3
3 out of 3 points
The internal control process differs from the external control in that the internal control:
· Question 4
3 out of 3 points
Today, MNCs taking a TQM approach are:
· Question 5
3 out of 3 points
A typical assessment center would involve simulation exercises that would include the following except:
· Question 6
3 out of 3 points
In Japan, what should be done is called _____, while what one really feels, which may be quite different is _____.
· Question 7
3 out of 3 points
An organizational strategy and the accompanying techniques that result in the delivery of high-quality products or services to customers is referred to as:
· Question 8
3 out of 3 points
Researchers found that _______ teams featured higher team orientation, flatter organizational hierarchies, and more open-minded and informal work attitudes.
· Question 9
3 out of 3 points
Visits by top executives to overseas affiliates or subsidiaries is a common form of:
· Question 10
3 out of 3 points
When the subsidiary is selling new products in growing markets, _____ decision making is more likely.
· Question 11
3 out of 3 points
In domestic situations, when competition increases, management will:
· Question 12
3 out of 3 points
The external control process differs from the internal control in that the external control:
· Question 13
3 out of 3 points
A(n) _____ is an evaluation tool that is used to identify individuals with the potential to be selected or promoted to higher-level positions.
· Question 14
3 out of 3 points
Two common ways of looking at how MNCs control operations are:
· Question 15
3 out of 3 points
The process of evaluating results in relation to plans or objectives and deciding what action, if any, to take is referred to as:
· Question 16
3 out of 3 points
Content-oriented theories examine motivation in more general terms and are more useful in creating a composite picture of employee motivation in _____.
· Question 17
3 out of 3 points
In work motivation, factors internally controlled, such as responsibility, achievement, and the work itself are referred to as:
· Question 18
3 out of 3 points
The top-ranking goal for professional technical personnel from various countries is:
· Question 19
3 out of 3 points
Nevis suggested that a Chinese hierarchy of needs would have four levels, which from lowest to highest would be:
· Question 20
3 out of 3 points
A worker's QWL is directly related to his or her country's:
· Question 21
3 out of 3 points
The theory that focuses on how individuals go about setting goals and responding to them and the overall impact of this process on motivation is:
· Question 22
3 out of 3 points
_____ theory holds that individuals can have a need to get ahead, to attain success, and to reach objectives.
· Question 23
3 out of 3 points
The two-factor theory of motivation holds that two sets of factors influence job satisfaction. These are:
· Question 24
3 out of 3 points
Work-motivation in terms of what arouses, energizes, or initiates employee behavior are explained by:
· Question 25
3 out of 3 points
The desire to fulfill one's basic needs of food, clothing, and shelter are included in:
· Question 26
3 out of 3 points
The first assumption about the motivation process is that it is:
· Question 27
3 out of 3 points
The two-factor theory was formulated by well-known work-motivation theorist:
· Question 28
3 out of 3 points
In work motivation, factors controlled by the organization, such as conditions, hours, earnings, security, benefits, and promotions are referred to as:
· Question 29
3 out of 3 points
Maslow postulated that everyone has five basic needs, which constitute a need hierarchy. In ascending order, beginning with the most basic, they are:
· Question 30
3 out of 3 points
According to the two-factor theory, efforts to motivate human resources must provide recognition, a chance to achieve and grow, advancement, and ______.
quiz 6
Question 1
3 out of 3 points
Correct
Global structures of MNCs come in three common types:
Question 2
3 out of 3 points
Correct
In an international context, the value of centralization will vary according to:
The local environment and the goals of the organization
Question 3
3 out of 3 points
Correct
Individuals who work for a company, usually via the Internet and move on to other employment when their assignment is done are known as:
Question 4
3 out of 3 points
Correct
Specialized operations are:
Answer
Question 5
3 out of 3 points
Correct
In a company that has a narrow product line, the export manager usually reports directly to the head of:
Question 6
3 out of 3 points
Correct
Interdependent relationships are:
Question 7
3 out of 3 points
Correct
A structure that is a combination of a global product, an area, or a functional arrangement is referred to as a(n) _____ organizational structure.
Question 8
3 out of 3 points
Correct
The primary reason for the use of _____ is a desire by the MNC for total control and the belief that managerial efficiency will be better without outside partners.
Question 9
3 out of 3 points
Correct
The nonequity venture:
Is characterized by one group merely providing a service for another
Question 10
0 out of 3 points
Incorrect
The decision-making control in which local units are given autonomy is characteristic of a(n):
Global area division structure
Question 11
3 out of 3 points
Correct
Subsidiaries that are located anywhere in the world where they can benefit the organization are called:
Question 12
3 out of 3 points
Correct
Pressure by local foreign government for continued growth of international sales encourage on-site:
Question 13
3 out of 3 points
Correct
A _____ is designed to help MNCs take advantage of global economies of scale while also being responsive to local customer demands.
Question 14
3 out of 3 points
Correct
A _____ is a business arrangement under which one party allows another to operate an enterprise using its trademark, logo, product line and methods of operation in return for a fee.
Question 15
3 out of 3 points
Correct
As an organizational characteristic, _____ is the assigning of individuals to specific, well-defined tasks.
Question 16
3 out of 3 points
Correct
When terrorism entails a specific, well-defined objective pursued by well-trained, professional, underground members, it is called
Question 17
3 out of 3 points
Correct
Tariffs on exports and imports, restrictions on exports, dividend remittance, and capital repatriation are examples of:
Question 18
3 out of 3 points
Correct
Which of the following cultural differences tend to be more disruptive for international joint ventures than the others?
Question 19
3 out of 3 points
Correct
In recent years _____ risk analysis has become of increasing concern to MNCs because of the growing number of countries that are finding their economies in trouble as in Southeast Asia or even worse, unable to make the transition to a market-driven economy.
Question 20
3 out of 3 points
Correct
_____ reviews major political decisions that are likely to affect all business conducted in a particular country.
Question 21
3 out of 3 points
Correct
Broadly, ________ strategies may include leveraging bilateral, regional, and international trade and investment agreements, drawing on bilateral and multilateral financial support, and using project finance structures to separate project exposure from overall firm risk.
Question 22
3 out of 3 points
Correct
_____ investments include the production of raw materials or intermediate goods that are to be processed into final products.
Question 23
3 out of 3 points
Correct
_____ risk issues often take forms such as industry regulation, taxes on specific types of business activity, and various restrictive local laws.
Question 24
3 out of 3 points
Correct
_____ risks stem from government policies that limit the transfer of capital, payments, production, people, and technology in or out of a country.
Question 25
3 out of 3 points
Correct
_____ investments involve the production of goods or services that are the same as those produced at home.
Question 26
3 out of 3 points
Correct
MNCs can take a wide variety of strategies to minimize their chances of expropriation. Those strategies do not include:
Question 27
0 out of 3 points
Incorrect
The economies of China, Russia, India, and Vietnam present _____ political risk for MNCs.
Question 28
3 out of 3 points
Correct
Over the past two decades, political risk has become:
Question 29
3 out of 3 points
Correct
_____ techniques are designed to help the overseas operation become part of the host country's infrastructure.
Question 30
3 out of 3 points
Correct
The theory behind _____ is quite simple. The MNC works to maintain a stronger bargaining power position than that of the host country.
quiz 8
Question 1
3 out of 3 points
Correct
These leaders are visionary agents with a sense of mission who are capable of motivating their followers to accept new goals and new ways of doing things.
Question 2
3 out of 3 points
Correct
Bass found that the most effective managers were _____ leaders.Question 3
3 out of 3 points
Correct
Employees tend to be more creative and innovative when driven by leaders exhibiting this behavior.
Question 4
3 out of 3 points
Correct
Which of the following leaders clarifies what needs to be done and provides both psychic and material rewards to those who comply with his/her directives?
Question 5
3 out of 3 points
Correct
This leadership style is widely used by Theory X managers, who believe that final decisions should be in the hands of the higher-level employees and that a continued focus on the task is compatible with the kind of people they are dealing with.
Question 6
3 out of 3 points
Correct
_____ leaders typically encourage their people to play an active role in assuming control of their work, and authority usually is highly decentralized.
Question 7
3 out of 3 points
Correct
Which of the following leaders takes action or intervenes in situations only when standards are not met?
Question 8
0 out of 3 points
Incorrect
The creation of uncertainty and the analysis of many alternatives regarding future action is referred to as:
Question 9
3 out of 3 points
Correct
This manager believes that, if people are committed to the goals, they will exercise self-direction and self-control.
Question 10
3 out of 3 points
Correct
Some believe that _____ are born, but _____ can be shaped.
Question 11
3 out of 3 points
Correct
This individual monitors follower performance and takes corrective action when deviations from standards occur.
Question 12
3 out of 3 points
Correct
Usually, this leadership behavior satisfies some employee needs and in turn subordinates tend to exhibit loyalty and compliance.
Question 13
3 out of 3 points
Correct
U.S. executives are taught and tend to use _____, which is the limiting of uncertainty and the focusing of action on a limited number of alternatives.
Question 14
3 out of 3 points
Correct
These leaders expect everyone to work hard; in turn, the employees will be guaranteed employment and given security benefits such as medical and retirement programs.
Question 15
3 out of 3 points
Correct
A _____ manager believes that people are basically lazy and that coercion and threats of punishment must be used to get them to work.
Question 16
3 out of 3 points
Correct
________ are most effective when they were in charge of larger subsidiaries or those with a marketing theme similar to that at headquarters.
Question 17
3 out of 3 points
Correct
An approach to developing an expatriate compensation package that involves paying the expat a salary comparable to that of local nationals is referred to as:
Question 18
3 out of 3 points
Correct
Which of the following terms refer to the quality of being effective and producing the desired results?
Question 19
3 out of 3 points
Correct
In recent years, international human resources management scholars have developed theoretical models that help to explain the factors involved in effectively adjusting to overseas assignments. These models are called:
Question 20
3 out of 3 points
Correct
Which of the following approaches is used to develop an expatriate compensation package that involves setting a compensation system for all expats who are assigned to a particular region and paying everyone in accord with that system?
Question 21
3 out of 3 points
Correct
This approach to developing an expatriate compensation package entails giving the individual a series of options and letting the person decide how to spend the available funds.
Question 22
3 out of 3 points
Correct
The four basic philosophical positions that multinationals can assume and influence a company's training program are:
Question 23
3 out of 3 points
Correct
Traditionally, what was the only selection criterion MNCs relied on for overseas assignments?
Question 24
3 out of 3 points
Correct
There are four basic sources that MNCs can tap for positions. These are:
Question 25
3 out of 3 points
Correct
Expatriate salaries typically are set according to the base pay of:
Question 26
3 out of 3 points
Correct
The two most common selection procedures used by MNCs are:
Question 27
3 out of 3 points
Correct
Headquarters nationals is another term used for:
Question 28
3 out of 3 points
Correct
An agreement whereby the firm tells the individual how long she/he will be posted overseas and promises to give the individual, on return, a job that is mutually acceptable is a:
Question 29
3 out of 3 points
Correct
An approach to developing an expatriate compensation package that involves giving the expat a predetermined amount of money and letting the individual make his/her own decisions regarding how to spend it is referred to as the:
Question 30
3 out of 3 points
Correct
Factors used to choose personnel for international assignments are referred to as:





assignments
Assignment 2: Outsourcing an MNC - Part 2
Due Week 8 and worth 200 points
Imagine that you are a senior business manager for the same U.S.-based MNC from Assignment 1. Your management team has accepted your recommendation to outsource the IT, shipping, and warehousing departments to the country that you have previously recommended. Your management team now needs you to formulate an entry and implementation strategy in order to ensure the outsourcing strategy is executed effectively.
In preparation for this assignment, use the Internet or Strayer Library to research the culture of and basic strategies for global integration into the selected country.
Write a six to eight (6-8) page paper in which you:
  1. Describe the current culture of the outsourcing country. Illustrate your company's ability to manage both multiculturalism and diversity in order to build multicultural team effectiveness.
  2. Analyze each of the four (4) basic strategies for global integration in terms of international strategy, multi-domestic strategy, global strategy and transnational strategy. Suggest the strategy that would be most fitting for your new venture. Justify your response.
  3. Prepare an environmental scanning analysis, and provide the management team with an accurate forecast related to different environmental factors that could affect the company within its proposed new operating location.
  4. Based on the environmental analysis, recommend both an ownership structure and organizational structure for operating the MNC within the new market. Defend your recommendation.
  5. Compose a political risk analysis that details both macro and micro risks and indigenization laws for the new country. Provide specific examples of said risks.
  6. Design an implementation strategy that considers the essential alliance partners. Based on the environmental and political risk analyses, determine the most significant challenges and opportunities to forming mutually beneficial relationships with the identified alliance partners. Justify your response.
  7. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
  • Analyze the major economic, social/cultural, technology, and political/legal aspects of the international business environment.
  • Explain the major considerations for effective communication and decision making in an international environment.
  • Formulate competitive market entry strategies and organizational structures to operate in foreign markets.
  • Use technology and information resources to research issues in global management.
  • Write clearly and concisely about global management using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric found here.
Assignment 1: Outsourcing an MNC - Part 1
Due Week 4 and worth 300 points
Imagine that you are a senior business manager for a U.S.-based MNC. Your directorate has informed you that the organization must outsource its Information Technology (IT) department, along with shipping and warehousing, to an emerging market in order to reduce excessive costs. For your division directorate, you will prepare a written analysis of the top-two (2) countries within emerging markets that your company should consider for this new business strategy.
In preparation for this assignment, use the Internet or Strayer databases to research two (2) countries within emerging markets.
Write a six to eight (6-8) page paper in which you:
  1. Describe the background of your hypothetical corporation. Your description should include, but not be limited to, the type of business, products, and services that your MNC provides.
  2. Examine both the role that your MNC plays in international business and the major benefits of globalization for the corporation.
  3. Compare and contrast the two (2) selected countries in terms of economic systems, cultural ideologies, political systems, legal and regulatory environments, advancements in technology and e-Business capabilities, and ethics and social responsibility.
  4. Using Hofstede's four (4) original dimensions of culture, distinguish between the major value differences and similarities across the cultures found within each of the selected countries.
  5. Evaluate the suitability of each selected country for global and regional integration.
  6. Recommend the country that the company should consider for its new international business strategy. Justify your response.
  7. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
  • Describe the current trends in international business and highlight major regional trade characteristics.
  • Explain the role of multinational corporations (MNCs) in international business.
  • Analyze the major economic, social/cultural, technology, and political/legal aspects of the international business environment.
  • Analyze the ethical issues in conducting international business and develop guidelines for a company to operate in an ethical and socially responsible manner in global markets.
  • Use technology and information resources to research issues in global management.
  • Write clearly and concisely about global management using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic/organization of the paper, and language and writing skills, using the following rubric found here.
Assignment 3: Presentation of Assignment 2
Due Week 10 and worth 100 points
In this assignment, you will condense information from Assignment 2 to create a PowerPoint presentation.
Create an eight (8) slide PowerPoint Presentation in which you:
  1. Provide a title slide (as indicated in the format requirements below) followed by a slide with an introduction to your presentation.
  2. Summarize your response to each of the criteria in Assignment 2—one (1) slide per criterion, for a total of six (6) slides.
  3. Provide a summary slide which addresses key points of your paper.
  4. Narrate each slide, using a microphone, and indicate what you would say if you were actually presenting in front of an audience.
Your assignment must follow these formatting requirements:
  • Format the PowerPoint presentation with headings on each slide and three to four (3-4) relevant graphics (photographs, graphs, clip art, etc.), ensuring that the presentation is visually appealing and readable from 18 feet away. Check with your professor for any additional instructions.
  • Include a title slide containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The title slide is not included in the required slide length.
The specific course learning outcomes associated with this assignment are:
  • Analyze the major economic, social/cultural, technology, and political/legal aspects of the international business environment.
  • Explain the major considerations for effective communication and decision making in an international environment.
  • Formulate competitive market entry strategies and organizational structures to operate in foreign markets.
  • Use technology and information resources to research issues in global management.
  • Write clearly and concisely about global management using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the followingrubric.
ITB 300 Complete Course
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