Discuss The major globalization drivers

MGMT338, International Business, Test #1, June 22, 2015

There are six pages of questions so be sure to answer all the questions.  Be sure to read each question carefully.  Be sure you understand what the question is asking.  Answer only the questions ask, but in a thorough manner.  The questions are graded on the quality of the content not the length of the answer.

 

I. (6 pts) Leslie Igles is being sent to Guatemala as the new manager of a local subsidiary of a U.S. firm. She has a participatory management style and is known for her ability to relate to the workers by occasionally stepping in and working along side of them. Answer the following True and False questions using Hofstede’s Five Dimensions.

T   F  1. This management style will work well with Guatemala’s Power Distance rating.

T   F  2. Uncertainty Avoidance levels in Guatemala will make it difficult for Leslie to make changes.

T   F  3. The Individualism level in Guatemala is higher than in Sweden.

II. (57 pts) Select the best answer.

1.  The major globalization drivers include all of the following except:

A)  Competitive

B)  Social

C)  Technological

D)  Market

E)   None. All of the above are major kinds of globalization drivers

 

2.   Foreign Direct Investment

A)  is the same as Portfolio Investment.

B)  involves management participation as does Portfolio Investment.

C)  from developing nations substantially increased from 1990 to 2009.

D)  has steadily increased since 2000.

E)   (B) and (D) above.

 

 

 

3. According to the theory of comparative advantage,

A)  a nation needs to have an absolute advantage in at least one good to gain from trade.

B)  nations can gain from trade if they are not equally efficient in producing two goods.

C)  a nation should produce the goods where its disadvantage is the greatest.

D)  only (B) and (C) above.

E)   only (A) and (B) above

MGMT338, International Business, Test #1, June 22, 2015

There are six pages of questions so be sure to answer all the questions.  Be sure to read each question carefully.  Be sure you understand what the question is asking.  Answer only the questions ask, but in a thorough manner.  The questions are graded on the quality of the content not the length of the answer.

 

I. (6 pts) Leslie Igles is being sent to Guatemala as the new manager of a local subsidiary of a U.S. firm. She has a participatory management style and is known for her ability to relate to the workers by occasionally stepping in and working along side of them. Answer the following True and False questions using Hofstede’s Five Dimensions.

T   F  1. This management style will work well with Guatemala’s Power Distance rating.

T   F  2. Uncertainty Avoidance levels in Guatemala will make it difficult for Leslie to make changes.

T   F  3. The Individualism level in Guatemala is higher than in Sweden.

II. (57 pts) Select the best answer.

1.  The major globalization drivers include all of the following except:

A)  Competitive

B)  Social

C)  Technological

D)  Market

E)   None. All of the above are major kinds of globalization drivers

 

2.   Foreign Direct Investment

A)  is the same as Portfolio Investment.

B)  involves management participation as does Portfolio Investment.

C)  from developing nations substantially increased from 1990 to 2009.

D)  has steadily increased since 2000.

E)   (B) and (D) above.

 

 

 

3. According to the theory of comparative advantage,

A)  a nation needs to have an absolute advantage in at least one good to gain from trade.

B)  nations can gain from trade if they are not equally efficient in producing two goods.

C)  a nation should produce the goods where its disadvantage is the greatest.

D)  only (B) and (C) above.

E)   only (A) and (B) above