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  91.Facebook is  A.an organization based on kinship. B.an organization based on free association. C.a tool that international marketers best avoid, given the complexities of culture. D.a passing fad that will absorb many marketing budgets but won't produce much in the way of results. 92.One danger of using the culture frameworks introduced in Module 3 is.
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  61.Low context cultures such as the U.S. tend to have these kinds of communication patterns:  A.subtle. B.nondirective. C.loudly voiced. D.explicit. 62.High context cultures tend to share this attribute:  A.need to delegate tasks. B.willingness to let others talk. C.polychronic approach along with nonlinear processes. D.respect for nonachievement. 63.What is Hall's high and low context framework based upon?  A.Communication styles B.Level of industrialization C.Verbal behavior.
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  141.Historically, foreign direct investment has followed ____________.  142.____________ refers to the establishment of new facilities from the ground up.  143.____________ refers to the purchase of an existing business in another nation.  144.____________ is a theory that foreign direct investment is made by firms in industries with relatively few competitors, due to their possession.
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  131.Although they represent fewer than 1 percent of all transnational corporations, ________ transnationals account for more than 11 percent of the world's foreign direct investment.  132.The expanding importance of foreign-owned firms in local economies has been viewed by a number of governments as a threat to their autonomy. However, there has.
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  91.The traditional U.S. business model:  A.is input-process-output. B.assumes that business has an important set of social obligations. C.relies on banks to provide leverage. D.assumes that business owners, public or private, operate from articulated principles. 92.Why is sustainable business local and global simultaneously?  A.It requires a simultaneous focus inside the business and widely outside it. B.Because all business.
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  91.Regarding the annual outflows of foreign direct investment, which of the following is not true?  A.The overall volume of outward FDI from developing nations in 2013 was nine times the level in 2003. B.The proportion of worldwide outward FDI that came from developing nations was 19 percent in 2013. C.About two-thirds of annual.
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  153.Discuss the theory of absolute advantage and how it explains the basis for trade between nations.  154.Discuss the keystone of international trade, the theory of comparative advantage.  155.Discuss Dunning's eclectic theory of international production as a theory to explain flows of international trade and foreign direct investment.      .
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  141.Some writers have used climate differences to explain differences in human and economic development. This explanation is known as the ________________.  142.Energy that comes from sources that cannot be replenished is known as _____________ energy.  143.______________ has been a cheap source of energy and a raw material for plastics, fertilizers, and other.
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  121.The price of one currency stated in terms of another is known as the ____________.  122.____________ refers to a reduction in the value of a country's currency relative to other currencies.  123.Some countries have abundant ____________, or the land, labor, capital, and related production factors a nation possesses.  124.Economist Stefan Linder proposed his.
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  Essay Questions 151.Discuss the advantages of focusing attention on a nation that is already a sizable purchaser of goods coming from the exporter's home country.  152.Explain the logic of mercantilism and why it is generally viewed as a deficient theory.      .
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  131.____________, the features of the earth's surface, contributes to differences in economies, cultures, politics, and social structures wherever they occur.  132.In _____, the government established an official language in 1956, recognizing that language diversity was hindering the country's economic development.  133.Every western coast between 20 and 30 degrees north or south of.
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  111.In past-focused cultures (Trompenaars), history often plays an active role to help understand the present and change moves _______.  112.______________ cultures consider who a person is in terms of his or her family lineage, age, or other attributes.  113.People in neutral cultures (Trompenaars) tend to withhold emotional expression, while people in _____________.
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  81.This is the cleanest of the nonrenewable fuel sources, and it has become a substitute for oil.  A.Natural gas B.Diesel C.Nuclear D.Kerosene 82.This area leads the world in environmentally sustainability.  A.Brazil B.Europe C.China D.Switzerland 83.Geothermal power is:  A.a type of solar generation. B.a synonym for nuclear power. C.power from heat stored in the earth. D.biomass. 84.Backward integration can be used as a way to:  A.develop political.
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  41.The proportion of world trade in services accounted for by North America has evidenced ____ since 1980.  A.an increase of 20 percent B.a tripling C.an overall decline D.more than a fivefold increase E.an increase of one-third 42.The proportion of world trade in services accounted for by the European Union has evidenced ____ since 1980.  A.an increase of.
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  141.The United States has only about ______ percent of the world's population, so the vast proportion of most companies' potential customers are located elsewhere.  142.A ______ driving force for globalization is the fact that companies are defending their home markets from competitors by entering the competitors' home markets to distract them.  143.That.
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  131.The four kinds of variables that influence firms' ability to use their country's resources to gain a competitive advantage, according to Michael Porter's diamond model, include demand conditions, factor conditions, _______, and __________.  132.The purchase of stocks and bonds to obtain a return on the funds invested is known as __________.  133.The.
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  41.Trompenaars's diffuse cultures are called diffuse because  A.their differentiation between public and private life is spread out freely (diffused). B.specific responsibilities are spread over a wide area, that is, non hierarchical. C.they extend the concept of culture to religion and other institutions. D.diffusion exists to moderate cultural differences. 42.Magdi Batato's experience at Nestlé Malaysia  A.is an.
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  21.Because it is a high polluter, coal is on the decline as an energy source.  22.Biomass is a category of renewable energy fuels based on their heavy weight.  23.Sustainable approaches in business usually involve trade-offs such as lower profits compensated by reduced marketing costs and improved image/reputation.  24.Limits, interdependence, and equity are characteristics.
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  11.Every coast between 20 and 30 degrees of the equator (north or south) is dry.  12.Bodies of water, much like deserts and mountains, also serve as barriers to trade.  13.Climate differences explain differences in human and economic development because the less temperate climates limit mental powers.  14.Nonrenewable energy sources include coal, fossil fuels,.
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  71.Theory based on ___________________ states that international and interregional differences in production costs occur because of differences in the supply of production factors.  A.comparative advantage B.absolute advantage C.mercantilist advantage D.resource endowments E.exchange rates 72.The theory of resource endowment  A.explains why France sends cosmetics, wine, and clothing to Chile. B.states that a nation will trade goods that can be.
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  71.Natural resources are anything:  A.that is alive in the natural world. B.provided by nature on which people depend. C.any raw material that becomes a component in a manufactured good. D.that is used for food or fuel. 72.Energy consumption by fuel type reveals that fuel use has been dominated since 2010 by:  A.renewable energy sources. B.nuclear energy and.
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  Multiple Choice Questions 31.Foreign direct investment (FDI) from the United States to the rest of the world reached a record high of $1.4 trillion from 2010 to 2013. This volume of FDI was _________ the U.S. average a decade before.  A.one and a half times B.double C.almost three times D.five times E.more than nine times 32.According to.
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  101.An industry that has a limited number of competing firms, such as the U.S. mobile phone market in which four firms controlled 98 percent of the market in 2014, is known as  A.perfect competition. B.a monopoly. C.an oligopolistic industry. D.deregulated. E.anticompetitive. 102.The theory suggesting that rivalry between firms in an oligopolistic industry will result in firms.
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  21.Importing and foreign direct investment are two approaches to meeting overseas demand.  22.Portfolio investment is the purchase of sufficient stock in a firm to obtain significant management control.  23.The proportion of the outstanding stock of foreign direct investment accounted for by the United States declined by two-thirds over the past 20 years.  24.The.
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  101.The only cultural framework we describe in this text that is based on communication styles is  A.Trompenaars's dimensions. B.the Globe study. C.Hall's (high and low context). D.Hofstede's dimensions. 102.Hall suggests that communication tends to be implicit and indirect in  A.the U.S. B.HC/high context. C.LC/low context. D.Australia. 103.Monochronic cultures tend to be  A.HC/high context. B.LC/low context. C.ethnocentric. D.hierarchical. 104.In high context cultures, relationships tend to be  A.short.
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  41.Topography, including mountains, deserts, plains, and bodies of water, greatly influence:  A.political relationships. B.the physical distribution of products and services. C.the local approach to education and health services. D.local attitudes toward industrially developed economies. 42.Nations whose mountains divide them into smaller regional areas include:  A.U.S., Mexico, and Canada. B.Switzerland, Afghanistan, China, and Colombia. C.Luxembourg, France, and Romania. D.Estonia, Latvia,.
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  11.In Hall's use, context is the irrelevant environment in a communication act.  12.In high context cultures, people tend to form long-lasting relationships that endure over time.  13.Hofstede's individualism-collectivism dimension measures the degree to which people tend to be integrated into groups.  14.Hofstede's framework is based on social science theory.  15.Feminine cultures in Hofstede's dimensions.
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  71.In high context cultures, face-to-face relationships tend to be important and  A.knowledge is situational. B.decisions focus around personal relationships. C.long term. D.all of these choices. 72.Individualism-collectivism measures  A.the degree to which people in the culture are integrated into groups. B.the tendency to differentiate male roles. C.the degree to which social inequality is tolerated. D.the amount of social distance between.
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  21.A culture's aesthetics is the sense of moral behavior taught to the young.  22.Religion is not an important aspect of culture in countries that are secular where the church and state are split.  23.Gift giving across cultures is a simple kindness and need not be complicated with attempts to understand. The act.
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  51.When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods coming from the home country include all of the following except  A.the business climate in these importing nations is already relatively favorable. B.there are abundant natural resources in the importing nation. C.satisfactory.
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  51.Ethnocentricity gets in the way of communication across cultural borders because  A.it does not allow for clear listening. B.people with inferior cultures will not want to communicate. C.cultural borders promote an ethnocentric approach. D.the belief in the superiority of your own culture tends to put others off. 52.Culture exerts an influence on all business disciplines  A.except.
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  61.A way to measure a company's success in meeting its sustainable business goals is to:  A.examine the return on investment. B.use triple bottom-line accounting. C.monitor the company in a social context. D.review the marketing materials. 62.One value of life cycle assessment is:  A.the Footprint Chronicles, which address the trade-offs of global sourcing. B.the ecosystem model of sustainability.
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  Multiple Choice Questions 31.The relationships among ecological, social, and economic systems in sustainable environments need to be:  A.discreet. B.renewable. C.positive. D.interdependent. 32.The stakeholder model requires businesses to think about:  A.the stakeholders' interest in profitability. B.the network of ­­­­­­­­­­­tensions caused by competing demands. C.strategy in light of sustainability. D.the frequency of social issues faced by the stakeholders. 33.Stakeholder theory pushes managers to.
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  81.An achievement culture is one in which members are  A.rewarded with social status for who they are in a spiritual sense. B.rewarded for what they do, what they have accomplished, so what they are. C.not rewarded at all because achievement is a doing mentality. D.rewarded for their lineage. 82.According to Trompenaars, a culture's attitude toward.
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  True / False Questions 1.All eBay profits are based on business trends that impede sustainability efforts.  2.Sustainability requires adjustments at the margins, rather than a totally new approach to business.  3.Early business sustainability efforts focused on the external aspects of conservation and environmental regulation.  4.Walmart discovered that it could compete on price and build.
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  111.The shorthand version of the C2C concept is the phrase _____________.  112.C2C identifies two types of nutrients, the technical and the ____________.  113.A voluntary reporting scheme for businesses that covers critical areas affecting the conduct of international business-human rights, labor, the environment, and anticorruption efforts is the _______________________.  114.The Carbon Disclosure Project is.
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  121.Sustainable business models are complex, involving more _______ and adding specialized areas to the more traditional business model.  122.Europe's more densely populated cities may account partially for higher levels of __________ values than in the individualistic United States, which is a positive force for sustainability.  123.Europe follows the _________________ approach to environmentalism,.
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  131.As Proctor and Gamble learned in Japan, babies are brought by ____________, not by storks.  132.Each religion with its forms and traditions, particular kinds of worship and prayer, rituals, dietary rules, and modes of dress, is an area of personal belief in which ______________ tendencies can be strong.  133.The name Islam comes.
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  111.Illustrating the regionalization of trade, approximately half of the exports from North American nations in 2014 went to _____________.  112.The country that imported the highest total value of goods from the United States in 2013 was _____________.  113.The amount by which the value of imports into a nation exceeds the value of.
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  81.Which of the following elements is included in Porter's diamond model of national advantage?  A.Competitive conditions B.Export conditions C.Social conditions D.Supply conditions E.Demand conditions 82.Which of the following elements is included in Porter's diamond model of national advantage?  A.Competitive conditions B.Export conditions C.Factor conditions D.Supply conditions E.Political conditions 83.Which of the following elements is not included in Porter's diamond model of national.
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  61.Which of the following statements is not true?  A.Although the mercantilist era ended in the late 1700s, its arguments live on. B.Many of the world's managers see China as a present-day "fortress of mercantilism" that raises barriers to imported goods while giving its own exporters an unfair advantage. C.Many people see trade as.
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  101.Tropical rain forests are:  A.a barrier to economic development. B.an important source of agriculture, due to their fertile soil. C.the equivalent of marshes along coasts. D.locations of significant rural population centers due to their bodies of water. 102.Bodies of water coincide with:  A.densely populated areas along seacoast, lakes, and rivers. B.reduced manufacturing and increased tourism. C.higher levels of.
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  True / False Questions 1.We are each born with a unique culture.  2.International business managers need to be able to communicate across cultural borders, even if they don't speak foreign languages.  3.Anthropologist E. T. Hall suggests that, to learn another culture, you need to spend two weeks in it with a training program.  4.When.
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  Multiple Choice Questions 31.A basic cultural truth is that  A.our way is the best way. B.our way is not the only way. C.Western culture leads others. D.power goes to those who take it. 32.Because culture is not directly observable  A.it is best learned about by observation of how it manifests itself. B.it is best ignored in foreign sales,.
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  True / False Questions 1.Record levels of American outward foreign direct investment from 2010 to 2013, totaling more than $1.4 trillion, caused U.S. exports to decline during this time period.  2.International trade includes exports, imports, and foreign direct investment.  3.Nearly 60 percent of global output is now destined for international trade.  4.The proportion of.
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  True / False Questions 1.Only in communist countries do governments own the factors of production.  2.The only reason firms are nationalized is to spread a socialist-communist ideology.  3.When the U.S. military contracts out security details in war zones, it is engaged in privatization.  4.When people are kidnapped for ransom, the right response is to.
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  51.Heavy oil is:  A.a group of unconventional oil sources such as oil sands, shale, coal, and natural gas, that does not flow easily and via processing can yield oil. B.a rich oil found in deposits in Saudi Arabia and Kuwait whose molecular weight is heavier than normal oil. C.oil extracted from biomass that.
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  121.Cultural values around attitudes toward ______ can seriously influence the acceptance of new production methods.  122.The belief that your own culture is superior to other cultures is _____________.  123.Culture is _______; we are not born with a culture.  124.New research in cognitive psychology has revealed a strong connection between language and ____________.  125.Culture is.
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  141.In ________ cultures, directness may be considered brash, rude, or embarrassingly unsubtle or naive.  142.In a __________ approach to time, two or more activities are carried out within the same clock block and switching among activities can be both desirable and productive.  143.________________ in the Kluckhohn and Strodtbeck framework describes the culture's.
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  11.The central idea of mercantilism is there should be an export surplus so a nation can accumulate precious metals.   12.The theory of absolute advantage suggests that under free, unregulated trade, each nation should specialize in producing those goods it can produce most efficiently, based on naturally occurring endowments such as.
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