These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Convergence is helpful to multinational companies in that the same levels of productivity can be achieved wherever they operate.
Convergence is helpful to multinational companies in that the same approach can be taken to managing staff globally.
Convergence is helpful to multinational companies in that managers can be moved to different locations and feel comfortable with operating systems.
Convergence is helpful to multinational companies in that best practices can be successfully transferred from one location to another.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
The convergence 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 convergence and diversity 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.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Convergence is largely the product of global access to the Internet, news and television programmes.
Convergence is based mainly on the dominance of the USA economy.
Convergence is based mainly on the spread of organizational cultures of multinational companies.
Convergence has been caused mainly through the transfer of productive technology around the world.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these 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.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Culture is relatively easy to define and cultural differences can be measured.
Culture differences are based mainly around differences in personality.
Cultural differences are based mainly around differences in core values.
In most societies we can identify cultural differences through the way people dress.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
The major cultural differences are those that occur between nation states.
Organizational cultures mainly reflect differences in national cultures.
There are relatively few cultural differences between men and women, and between people of different age groups and social class inn the same country.
In many nation states we can observe differences between different sub-cultural groups.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
The culture specific hypothesis identifies the impossibility of transferring business practices from one country to another.
The culture specific hypothesis recognizes that cultures are different but that multinational companies can operate in exactly the same way around the world.
The culture specific hypothesis argues that the transfer of business practices from one country to another is possible if the cultures are similar.
The culture specific hypothesis recognizes that cultures are different but that managing large scale organizations has considerable similarities wherever they are located.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
In high context cultures relationships are all important.
The UK with its ‘old boy network’ is typical of a high context culture.
In high context cultures doing business is quick because people know one another well.
High context cultures are found in the UK and the USA.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Hofstede’s model has enabled researchers to measure cultural differences and their impact on business with a high degree of accuracy.
Cultural difference can be used to predict economic change and success rates.
The changing nature of culture means that studies may be dated when they are cited as evidence.
The stereotypes we possess of other cultures enable to highlight key differences between those cultures and our own.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
In some low power distance societies, taxation is used to even out power differences between individuals.
In high uncertainty avoidance societies managers find it difficult to make decisions.
Work groups in collectivistic societies tend to be more effective than those in individualistic societies.
Those cultures where people are used to doing several things at the same time (synchronic cultures) are more effective in business because the work force is used to multi-tasking.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
In high power distance societies it is usual to find control in the hands of a royal family.
In high power distance societies class systems tend to be very rigid.
In high power distance societies management decisions are never questioned.
In high power distance societies there is a general acceptance that some people have more power than others.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
There is a high degree of correlation between high uncertainty avoidance and slow economic growth.
There is a high degree of correlation between high uncertainty avoidance and slow economic growth.
Firms in countries with high uncertainty avoidance are not very innovative.
Firms in countries with high uncertainty avoidance can be highly innovative but innovation tends to be incremental.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
A focus on market share tends to be a feature of firms in societies with a long-term orientation.
A focus on rapid profit growth tends to be a feature of firms in societies with a long-term orientation.
Long employment contracts for all employees tend to be a feature of firms in societies with a long-term orientation.
Extending the retirement age tends to be a feature of firms in societies with a long-term orientation.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Hofstede’s study involved a very large sample from each of the countries he studied.
Hofstede was correct in assuming that organization culture and occupational culture would be the same in multinational companies irrespective of location.
Hofstede believed that we can identify differences in national cultures from a study of a single company.
Hofstede claimed that IBM was typical of all multinational firms.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
The GLOBE project is an ongoing study of the impact of globalization.
The GLOBE project was set up to test Hofstede’s findings in the 21st century.
The GLOBE project is a study of the impact of culture on leadership and on the effectiveness of organizational processes.
The GLOBE project concluded that charismatic leadership was a product of low power distance cultures.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Studies of international joint ventures and mergers tell us that culture clashes between employees from different countries are inevitable.
Studies of international joint ventures and mergers tell us that cultural factors are more significant than political or strategic factors.
Studies of international joint ventures and mergers tell us that cultural differences remain an issue over time.
Studies of international joint ventures and mergers tell us that cultural differences tend to be highlighted by lower level employees whose jobs feel threatened.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
An institutional perspective argues that strategy and performance are the product of culture.
An institutional perspective argues that strategy and performance are the product of convergence.
An institutional perspective argues that strategy and performance are the product of the organization cultures of multinational companies.
An institutional perspective argues that strategy and performance are the product of regulations that govern the relationship between stakeholders in a particular country.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
The analysis of business based on institutional approaches argues that nation states have developed business systems that are the product of different institutional arrangements.
The analysis of business based on institutional approaches argues that cultural differences do not influence business systems.
The analysis of business based on institutional approaches argues that the key influence in a business system is the relationship between the firm and its suppliers.
The analysis of business based on institutional approaches argues that Anglo-Saxon economies produce the most effective firms.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Liberal market economies are found in the UK and across continental Europe.
Liberal market economies can be summed up as ‘collaborative capitalism’.
Liberal market economies are typified by contractual relations between employees and the firm.
With a move towards Anglo-Saxon approaches, Japan can now be called a liberal market economy.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
Variations in stock market activity between Anglo-Saxon and social market systems can best be explained by different attitudes to risk.
Variations in stock market activity between Anglo-Saxon and social market systems can best be explained by differences in the way stock markets are regulated.
Minor variations in stock market activity between the USA and UK can be attributed to minor cultural differences.
Minor variations in stock market activity between the USA and UK can be attributed to the greater confidence that US citizens have in American firms.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these statements is correct.
The rise of the Japanese economy after World War II can be attributed to Asian values.
The rise of the Japanese economy after World War II can be attributed to the control of the economy and individual companies by the state.
The rise of the Japanese economy after World War II can be attributed to the effective elimination of independent trade unions.
The rise of the Japanese economy after World War II can be attributed to a mix of regulatory and institutional frameworks and some cultural differences.
These questions are designed to test your understanding of the material contained within each chapter. For each question you are given a choice of 4 statements. Only one of these 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.