Ch 5 AI

What is the primary focus of a company engaging in 'reshoring'?

Which of the following is an example of a non-tariff barrier to trade?

Why might a company choose to establish a joint venture when entering a foreign market?

What is a key characteristic of a 'high-context' culture regarding business communication?

What is the primary goal of the World Trade Organization (WTO)?

Which cultural dimension reflects the degree to which a society values assertiveness and materialism?

What is the likely result of a country's high score in Hofstede's 'uncertainty avoidance' dimension?

What is a significant challenge associated with international franchising?

What is a key characteristic that firms seeking a joint venture partner should look for?

Which action best illustrates the concept of 'global sourcing'?

What is a likely outcome of a country with a high-power distance culture?

What is the main risk associated with licensing agreements in international business?

What is 'political risk' in the context of international business?

Which strategy represents the highest level of involvement in international operations?

A company adhering to 'economic development' in its global strategy would likely:

What is the main goal of regional economic alliances like NAFTA/USMCA and the EU?

How does a 'transnational corporation' differ from a 'global corporation'?

What is a common criticism leveled against global corporations by home-country governments?

What does the Corruption of Foreign Public Officials Act (CFPOA) prohibit?

Why is tracing responsibly sourced minerals complex for electronics manufacturers?

What is 'culture shock'?

What does it mean to be 'ethnocentric'?

What is 'cultural intelligence' (CQ)?

In 'low-context' cultures, how does communication primarily take place?

What is 'proxemics'?

In a 'tight' culture, what is expected of its members?

What is the 'ecological fallacy' in the context of cultural studies?

How does a monochronic culture typically approach time management?

Which of Hofstede’s cultural dimensions reflects the degree to which a society is comfortable with risk and change?

What ethical issue is exemplified by the collapse of the Rana Plaza in Bangladesh?

What is the term for foreign direct investment (FDI) that leads to job creation in the host country?

What is one potential negative of NAFTA/USMCA?

What is the purpose of the Dodd-Frank Act regarding conflict minerals?

Which of the following is the most accurate example of culture shock?

Which of the following is a good example of a company enacting ethical global development practices?

What is the primary reason that Starbucks pursued legal action against Xingbake, a company in China?

What is one way a foreign firm might demonstrate that it values its customers when looking for a joint venture partner?

What is a reasonable explanation for one of the potential cons of global business?

Which of the following is true about monochronic cultures?

In the context of international business, what is a key difference between a 'global corporation' and a 'transnational corporation'?

Which of the following best describes the concept of 'economic development' as a benefit sought by companies engaging in international business?

A company decides to move its manufacturing operations from overseas back to its home country. What is this business strategy commonly known as?

What differentiates a 'joint venture' from a 'strategic alliance' in international business?

A company is considering expanding into a new international market. Which market entry strategy provides the least amount of ownership and control?

What is the primary function of the World Trade Organization (WTO) regarding international trade disputes?

Which factor poses the most significant political risk for a company investing in a foreign country?

What is the intended outcome of regional economic alliances like the USMCA (formerly NAFTA)?

According to Hofstede's cultural dimensions, what characterizes a culture with high 'power distance'?

In the context of cultural intelligence (CQ), what does 'ethnocentrism' primarily represent?

Which statement accurately reflects a key difference between monochronic and polychronic cultures?

Considering the concept of 'tight' versus 'loose' cultures, what is a typical characteristic of a 'tight' culture?

What is the ethical implication of sourcing 'conflict minerals' for electronics manufacturers?

What action would be a violation of the Corruption of Foreign Public Officials Act (CFPOA)?

What is one reason why global firms may choose to establish a 'foreign subsidiary' instead of a joint venture?

How might cultural differences in 'time orientation' affect international business negotiations?

What is a potential advantage for a host country when a global corporation establishes operations within its borders?

What is a primary challenge associated with 'international franchising'?

How can global sourcing create ethical challenges for businesses?

Which aspect of international business does 'proxemics' primarily address?

In the context of international management, what is 'culture shock'?

What is a potential negative consequence of MNCs (Multinational Corporations) engaging in corporate tax inversion?

What is a potential con for home-country economies when a global business sends investment capital abroad?

What is a potential con for a host-country when a global corporation fails to respect local customs and laws?

What is generally considered to be a characteristic of a 'high-context' culture?

How might a company demonstrate cultural intelligence when looking for a joint venture partner?

Why is determining if minerals are responsibly sourced a complex issue for many electronics manufacturers?

When Nobel Peace Prize Winner asks global firms to fight poverty, what is one potential negative impact business can have on developing economies?

If an executive is meeting a contact from a new international market and suffers from 'confusion' upon first contact, what should they do?

What is the primary difference between global sourcing, exporting/importing, and licensing/franchising as ways of pursuing international business?

When foreign firms invest in another country, what is a common way to start?

Which action is most likely to happen in businesses from APEC countries?

What is a common sign of a home-country issue with a global firm?

What is one of the most common settings and dynamics of tight and loose cultures that emerge?

What is true of the Southern Africa Development Community (SADC)?

In the context of cultural intelligence, what behavior would show the highest comfort in Benevolence?

Global sourcing is a common process that involves:

Why are exports an essential part of the Canadian ecomomy?

What is the final stage of adjusting to a new culture?

When a multinational company travels into countries where social problems such as poverty, disease, and illiteracy are present, should it find a way to help?

Which of the following scenarios best exemplifies 'economic development' as a goal for global firms?

A Canadian company is considering expanding into Asia. If they choose a 'joint venture' as their market entry strategy, what would be the most likely characteristic of this arrangement?

A government imposes a tax on goods entering the country. This is an example of:

What is a significant potential disadvantage for a host country when a global corporation establishes operations within its borders?

A company is looking to source materials and components from different countries to take advantage of lower costs and specialized skills, what international business entry does this best represent?

Why might a company choose to establish a 'foreign subsidiary' instead of a joint venture when entering a new international market?

A Canadian executive offers a government official in another country an expensive gift in exchange for expediting the approval process for a new business permit. Which law might this violate?

Which of Hofstede's cultural dimensions would most likely explain a company's difficulty in implementing a new, innovative strategy in a country where employees prefer clear rules and procedures?

A global company discovers that one of its suppliers is employing children in hazardous working conditions. According to the text, what would be an appropriate course of action for the company to take?

In a business negotiation, an executive from a monochronic culture may be most frustrated by:

What is the most likely outcome of a company closing a domestic operation in order to move work to lower-cost international providers?

A product is designed in the United States, manufactured in China, and sold in Canada. Which concept does this best demonstrate?

A Canadian company sources timber from a foreign country and sells it to the United States. The company is engaging in:

When a U.S. company requires its foreign suppliers to meet United States standards to ensure labor and production guidelines are followed, what is this typically called?

What is a key difference between a global corporation and a transnational corporation?

According to the content, why has Mexico become an increasingly attractive manufacturing destination for Canadian and U.S. firms?

An employee feels anxious, uncomfortable, and in need of information and advice after initial interactions with a new culture. According to the stages of adjusting to a new culture, which stage are they most likely in?

In countries participating in the Asia Pacific Economic Cooperation (APEC), what is most likely to happen regarding trade and investment?

What is a potential positive outcome of foreign direct investment (FDI) for the host country?

Which of the following actions would be a clear violation of the Foreign Corrupt Practices Act (FCPA)?