Going Global
Global Forces consist of ______ components?
A. 1
B. 2
C. 3
D. 4
What is B, 2 components
Individuals and organizations that provide a company with the input resources that it needs to produce goods and services are called?
A. Employees
B. Manufacturers
C. Suppliers
D. All of the above
What is C, Suppliers
A proportionate saving in costs gained by an increased level of production is"
A. Mass production
B. Economies of scale
C. Bulk buying
D. All of the above
What is B, Economies of scale
True or False, Sociocultural Forces are pressures emanating from the social structure of a country or society or from the national culture.
What is True, Sociocultural Forces are pressures emanating from the social structure of a country or society or from the national culture.
True or False, Increasing Trade Barriers opened enormous opportunities for managers to expand the market for their goods and services.
False, Decreasing Trade Barriers opened enormous opportunities for managers to expand the market for their goods and services.
The two components of the Global environment are?
A. National and Global environment
B. National and International environment
C. National and Task Environment
D. General and Task Environment
What is D, General and Task Environment
The purchase or production of inputs or final products from overseas suppliers to lower costs and improve product quality or design is called?
A. Global outsourcing
B. Global manufacturing
C. Globalization
d. None of the above
What is A, Global outsourcing
True or False, a government can impose regulations to act as a barrier to entry at both the industry and the country level.
What is True, a a government can impose regulations to act as a barrier to entry at both the industry and the country level.
Outcomes of changes in or changing attitudes toward the characteristics of a population, such as age, gender, ethnic origin, race, sexual orientation, or social class is called?
A. Sociocultural forces
B. Demographic forces
C. Technological forces
D. All of the above
What is B, Demographic forces
A tax that a government imposes on imported or, occasionally, exported goods is called?
A. Economies of sale
B. Income tax
C. Tariff
D. Sales tax
What is C, Tariff
True or False, the Task environment is a set of forces and conditions that originate with suppliers, distributors, customers, and competitors and affect an organization’s ability to obtain inputs and dispose of its outputs because they influence managers daily.
What is True, Task environment is a set of forces and conditions that originate with suppliers, distributors, customers, and competitors and affect an organization’s ability to obtain inputs and dispose of its outputs because they influence managers daily.
Organizations that help other organizations sell their goods or services to customers are called?
A. Global outsourcers
B. Distributors
C. Group purchasing organizations
D. International buyers
What is B, Distributors
Customers’ preference for the products of organizations currently existing in the task environment is called?
A. Brand loyalty
B. Brand awareness
C. Brand essence
D. None of the above
What is A, Brand loyalty
Outcomes of changes in laws and regulations, such as the deregulation of industries, the privatization of organizations, and an increased emphasis on environmental protection is called?
A. Global business forces
B. Cultural forces
C. Demographic forces
D. Political and Legal forces
What is D, Political and Legal forces
The idea that if each country specializes in the production of the goods and services that it can produce most efficiently, this will make the best use of global resources is called?
A. Free-Trade Doctrine
B. Global-Trade Doctrine
C. National-Trade Doctrine
D. International-Trade Doctrine
What is A, Free-Trade Doctrine
True or False, the general environment is a set of forces and conditions that originate with suppliers, distributors, customers, and competitors and affect an organization’s ability to obtain inputs and dispose of its outputs because they influence managers daily.
What is False, the general environment is a set of global forces and conditions that operate beyond an organization’s boundaries but affect a manager’s ability to acquire and utilize resources
Individuals and groups that buy the goods and services that an organization produces are called?
A. Buyers
B. Salespeople
C. Consumers
D. Customers
What is D, Customers
Economic Forces such as interest rates, inflation, unemployment, economic growth, and other factors taffect the general health and well-being of a nation or the regional economy of an organization are part of?
A. Task environment
B. Global environment
C. General environment
D. Task and General environment
What is C, General environment
True or False, Nationalization is the set of specific and general forces that work together to integrate and connect economic, political, and social systems across countries, cultures, or geographical regions so that nations become increasingly interdependent and similar.
What is False, Globalization is the set of specific and general forces that work together to integrate and connect economic, political, and social systems across countries, cultures, or geographical regions so that nations become increasingly interdependent and similar.
U.S.–Mexico–Canada Agreement (USMCA) revised what agreement?
A. GAFTA agreement
B. MAFTA agreement
C. NAFTA agreement
D. All of the above
What is C, NAFTA Agreement
The wide-ranging global, economic, technological, socio-cultural, demographic, political, and legal forces that affect an organization and its task environment is?
A. Technical Environment
B. Global Environment
C. General Environment
D. National Environment
What is C. General Environment, which is the wide-ranging global, economic, technological, socio-cultural, demographic, political, and legal forces that affect an organization and its task environment is?
Organizations that produce goods and services that are similar to the goods and services produced by another organization are called?
A. Copycats
B. Consumers
C. Competitors
D. Strategic partners
What is C, Competitors
Companies can maximize the following to create barriers to entry for their competitors.
A. Economies of scale, Large sales team, & Local laws
B. Economies of scale and Government regulations
C. Economies of scale, Brand loyalty, & Government regulations
D. Economies of scale and Brand loyalty
What is C, Economies of scale, Brand loyalty, & Government regulations
Forces That Drive Globalization are?
A. Human capital and Financial capital
B. Resource capital and Political capital
D. Global capital and National capital
D. A and B
What is D, A and B
Hofstede's 6 Cultural Dimensions are?
What is:
1. Power Distance
2. Individualism Vs Collectivism
3. Masculinity Vs Femininity
4. Uncertainty Avoidance
5. Long Vs Short Term Orientation
6. Indulgence Vs Restraint