Shared Flashcard Set

Details

Exam 4
Final
39
Business
Undergraduate 3
11/26/2014

Additional Business Flashcards

 


 

Cards

Term
Leading global change is:
Definition
like leading domestic change, but exponentially more complex due to globalization.
Term
Virtual teams that meet frequently to build trust are said to:
Definition
create a regular heartbeat.
Term
Virtual communication:
Definition
lacks the richness of face-to-face communication.
Term
The trend in diverse global teams is to:
Definition
suppress differences and focus on commonalities.
Term
Included in the differences between a traditional team and a global team is the difference between:
Definition
one economic condition and many dissimilar economic conditions.
Term
With regard to globalization's complexity, the condition of multiplicity means that:
Definition
there are many more players and many more relationships to maintain.
Term
Because of the context in which the global team leader is acting, he or she:
Definition
confronts the added complexities created by globalization.
Term
Team coaching is critically important in global teams because:
Definition
with high levels of diversity, team members who don't know each other are likely to expect poor performance.
Term
High levels of motivation in teams are likely when:
Definition
team members see one another as each member sees himself or herself.
Term
Global teams are characterized by:
Definition
all of the above.
Term
The goal of global leadership development is to:
Definition
obtain the variety of transformational experiences that are needed to develop global leadership.
Term
A standardized global leadership development approach:
Definition
is unlikely, given the complexity of the process.
Term
_____________ is used by management during the planning process and provides information about threats and opportunities.
Definition
Environmental scanning
Term
_____________ is used by management during the planning process to eliminate the less desirable markets.
Definition
Market screening
Term
Market screening eliminates:
Definition
markets that are judged to be less attractive.
Term
Under the country screening process, in what order is the selection of foreign markets process presented in the textbook?
Definition
Country screening and segment screening
Term
Generally, producers of _______ experience little difficulty in assessing their basic need potential.
Definition
specialized industrial materials
Term
Credit availability, paying habits of customers, and rates of return are considered in the:
Definition
second screening.
Term
___________ is(are) economic data that serve as yardsticks for measuring the relative market strengths of various geographic areas.
Definition
Market indicators
Term
Size of the urban population and electricity consumption are part of the __________ index.
Definition
market size
Term
A statistical technique that divides objects into groups so that the objects within each group are similar is called:
Definition
cluster analysis.
Term
Entry barriers, profit remittance barriers, and policy stability are all part of the:
Definition
third screening.
Term
Entry barriers are part of the ___________ stage of market screening.
Definition
political and legal
Term
The final step in the screening process will generally include:
Definition
a field trip.
Term
In a personal interview or phone survey situation, some respondents want to help the interviewer out of politeness or just to please the interviewer. This is known as:
Definition
social desirability bias.
Term
Cultural problems and technical difficulties cause problems:
Definition
in the collection of primary data.
Term
A pioneering firm stands the best chance for long-term success in market-share leadership and profitability when:
Definition
the firm has sufficient size, resources, and competencies.
Term
In many cases, a firm entering international markets becomes a follower because:
Definition
quicker competition beats it.
Term
A follower firm stands the best chance for success in market-share leadership when:
Definition
there is high potential for imitation.
Term
Most firms begin their involvement in overseas business by:
Definition
exporting.
Term
Companies wishing to export must first choose between:
Definition
exporting directly and exporting indirectly.
Term
A company can engage in indirect exporting by using which of the following companies in its own country?
Definition
Export commission agents
Term
A business established for the purpose of marketing goods and services, not producing them, is:
Definition
a sales company.
Term
A turnkey project includes all of the following except:
Definition
none of the above.
Term
A contractual arrangement in which one firm grants access to its patents, trade secrets, or technology to another for a fee is:
Definition
none of the above.
Term
When a licensing agreement is made:
Definition
the licensee receives expertise from another company.
Term
McDonald's, Kentucky Fried Chicken, and Subway are examples of:
Definition
franchising.
Term
Hilton and Delta provide assistance to other international companies. That is an example of:
Definition
a management contract.
Term
An advantage of using home-country citizens abroad is:
Definition
they expand their experience, enhancing their potential for promotion at home.
Supporting users have an ad free experience!