Which one of the following four statements is correct?
The culture free hypothesis states that managers of multinational enterprises can ignore cultural differences in carrying out their business.
Very large organizations in developed industrial societies have similar structures and processes.
The concepts of culture free and culture specific are not mutually exclusive and elements of both can be seen in most businesses in most countries around the world.
The culture specific hypothesis means that business practices cannot be transferred from one country to another.
Which one of the following four statements is correct?
Power distance is the extent to which one group in society can dominate another.
In societies with high uncertainty avoidance, detailed planning is a characteristic of many businesses.
In individualistic societies people are generally selfish and highly competitive.
In societies which Hofstede depicted by the concept of Confucian dynamism, society and business life is in a continual state of change.
Which one of the following four statements is correct?
The late development effect means that all developing nations can learn from the developed nations and achieve rapid economic growth.
The concept of late development is a major theory in development economics and predicts the emergence of growth economies in Africa.
Since the concept of late development involves the transfer of technology, ideas and practices, it is restricted to countries displaying similar cultural characteristics.
The industrialization of the Japanese economy is a good example of the late development effect.
Which one of the following four statements is correct?
Japanese management represents a series of techniques that are easily exported to other countries.
Cultural differences between the Japanese and the West make the successful transfer of business and management ideas and practices highly unlikely.
Similarities in technology and market structures means that management practices are becoming universal and Japanese businesses are becoming like those in the West.
The growth of the post-war Japanese economy can be attributed to a supportive state, a willing work force, and attention to detail and innovation in manufacturing industry.
Which one of the following four statements is correct?
Higher productivity in some Japanese firms overseas can be attributed to an organized system of planning and control, a focus on quality and a greater acceptance of management authority.
Japanese manufacturing methods set the standards for others to follow.
Japanese manufacturing firms in the UK are more efficient and make higher profits than their UK counterparts.
Japanese manufacturing methods have added value to Western manufacturing firms.
Which one of the following four statements is correct?
The ‘bubble economy’ in Japan was created by over-expansion of the manufacturing and service sectors of the economy.
The ‘bubble economy’ in Japan was a product of easily accessible credit and large investments in land and property.
Despite the economic recession, lifetime employment has been maintained by major Japanese companies.
It is clear that changes in the employment system, including lifetime employment and changes in the banking system will move the Japanese to an Anglo-Saxon system of capitalism.