Task vs General Environment

Which of the following best illustrates the difference in focus between the task environment and the general environment?

A computer manufacturer sources its processors from Intel, its memory from Samsung, and its display panels from LG. In this scenario, what role do Intel, Samsung and LG play?

A furniture company decides to move its production to a country where labor costs are significantly lower, to reduce overall expenses and improve profitability. What is this an example of?

A small toy company develops a new line of eco-friendly toys. They rely on a major retailer to sell these toys to the public. If the retailer decides to only allocate limited shelf space to the new line, what aspect of the task environment is affecting the toy company?

A local bakery decides to focus on producing gluten-free and vegan products in response to the growing health-consciousness in its community. Which aspect of the task environment is the bakery responding to?

A car manufacturer is facing increased steel prices due to new tariffs. This situation primarily impacts the company through which element of its task environment?

A technology company initially manufactured all its products in its home country. To cut costs, it decided to outsource the manufacturing of components to other countries, but after some time, the company decided to move the chips manufacturing back to a new plant in Arizona. Which of the following is most likely the reason behind this?

Which scenario demonstrates a company adapting to a force in the general environment?

How does a society with a high degree of social stratification differ from one with a low degree?

Which of the following best describes the concept of 'national culture'?

An aging population leading to increased demand for healthcare services is an example of which general environmental force?

Deregulation of industries and increased emphasis on environmental protection are examples of changes in:

Which of the following describes globalization?

The movement of people between countries through immigration, migration, and emigration is best described as the flow of:

Overseas investment, credit, and lending across world markets are components of:

The flow of natural resources, parts, and components between companies and countries represents which form of capital?

A nation uses diplomatic efforts to secure access to vital resources in another country. Which form of capital is being primarily utilized?

An organization faces the decision of whether to standardize its product globally or adapt it to suit local tastes. Which strategic decision is the organization grappling with?

A company manufactures goods in its home country and then ships them to retailers in another country. Which international expansion method is being used?

What is the primary distinction between licensing and franchising as methods of international expansion?

Two companies, one domestic and one foreign, combine resources to create a new entity, sharing both profits and risks. Which type of international expansion strategy are they employing?

A company establishes a manufacturing plant in a foreign country without any local ownership or partnerships. Which international expansion method does this represent?

Company A, based in the US, allows Company B in Germany to manufacture and sell its products in Europe, receiving a royalty for each sale. Which international expansion strategy is Company A using?

Which international expansion strategy typically involves the highest level of risk and control for the parent company?

According to Hofstede's model, which characteristic is most indicative of a culture with a short-term orientation?

How does the GLOBE project expand upon Hofstede's work on cultural dimensions?

In the context of global management, why is it important for managers to understand cultural differences?

Which of the following GLOBE Project cultural dimensions measures the degree to which a society encourages and rewards group loyalty?

A multinational corporation is expanding into a new market. What strategy should its managers employ, considering the information about national culture and global expansion?

A U.S.-based company is considering establishing a manufacturing plant in a foreign country. Which factor would most likely be considered to determine the feasibility of this venture?

A company that previously only sold products within its own country decides to expand internationally. What is the most likely, direct impact on the company’s strategic decisions?

Which of the following scenarios best illustrates the impact of declining trade barriers on a company's operations?

How do tariffs primarily aim to support domestic industries within a country?

What is the MOST significant advantage of free trade for consumers?

A company is considering expanding its operations into a country with a significantly different culture. What would be the LEAST effective approach for ensuring successful cross-cultural management?

Imagine a scenario where country A and country B both specialize in producing specific goods. Country A efficiently produces textiles, while country B excels in electronics. According to the free-trade doctrine, what would MOST likely occur if both countries engaged in free trade?

How have advancements in communication and transportation technologies MOST significantly impacted international business operations?

Which of the following is the MOST accurate description of the relationship between values and norms within a culture?

In a society with high power distance, which of the following scenarios is MOST likely to be observed?

A country that emphasizes warm personal friendships, and care for the weak would MOST likely be considered:

Which of the following best illustrates a cultural difference between individualism and collectivism?

In a business context, how might a manager from a high uncertainty avoidance culture MOST effectively lead a team in a low uncertainty avoidance culture?

Which of the following scenarios BEST exemplifies the influence of 'mores' on societal behavior?

A company is expanding internationally. How could understanding Hofstede's cultural dimensions MOST benefit the company?

Which set of concepts are ALL considered values?

Task Environment

General Environment

Suppliers

Global Outsourcing

Distributors

Customers

Task Environment Effects

General Environment Effects

Political Capital

Customization in International Expansion

Multidomestic Strategy

Exporting

Importing

Licensing

Franchising

Strategic Alliance

Social Stratification

National Culture

Demographic Forces

Political and Legal Forces

Globalization

Human Capital (Globalization)

Financial Capital (Globalization)

Resource Capital (Globalization)

Tariffs

USITC

Free-trade doctrine

GATT

Declining culture barriers

Declining distance barriers

Lowering of trade barriers

Values

Long-term orientation

Short-term orientation

The GLOBE Project

Performance orientation

Assertiveness

Norms

Mores

Folkways

Individualism

Collectivism

Power Distance

Uncertainty Avoidance