chapter 2 Flashcards
a major challenge that
managers must overcome to remain competitive
Globalizing their firm’s operations
_____ is a major challenge that managers must
overcome to remain competitive.
leading a diverse workforce
competing in the global economy, globalization suggests that
the world is free from national boundaries and is borderless.
What were once called multinational organizations are now referred to as _____, indicating that the global viewpoint
supersedes national issues.
transnational organizations
is most likely true of transnational organizations?
They employ a multicultural mix of workers.
_____ is the Chinese practice of building networks for social exchange.
Guanxi
Many Chinese use guanxi, or personal connections,
conduct business or obtain jobs.
The North American Free Trade Agreement (NAFTA):
reduced trade barriers among United States, Canada, and Mexico
The _____ eliminated the heavy tariffs placed by Mexico on U.S. exports and provided that the remaining tariffs be
phased out over time.
North American Free Trade Agreement
Cultural differences between _____ are perceived as microcultural differences.
two generations of Japanese people
_____ are managers who work in a country other than their home country.
Expatriate managers
. _____ is a cultural orientation in which people belong to loose social frameworks and their primary concern is for
themselves and their families.
Individualism
John is from a culture in which the social framework is loose. Instead of being loyal to his organization, he solely
focuses on his own goals and his family’s well-being. It is evident that John belongs to a culture where _____
predominates.
. individualism
_____ is a cultural orientation in which individuals belong to tightly knit social frameworks and depend strongly on
extended families or clans.
Collectivism
Martha is from a culture that has a tightly knit social framework. She is a part of a non-governmental organization in
which the members strongly depend on each other and value group decisions. It is evident that Martha belongs to a culture
that is characterized by _____.
collectivism
true of collectivistic managers
seek to fit harmoniously within a group.