MAN 4720

What is the average level of union membership across the whole European Union, weighted by the numbers employed in the different member states?

23 percent.

What is the cornerstone of effective strategy evaluation?

Adequate and timely feedback

What is the chapter number?

Chapter 11.

Which country's commercial and industrial development in the western part has turned interior cities into production centers that compete for labor with coastal factories?

China.

What is likely to happen with a proactive environmental policy?

Conservation of energy.

What have mass communication and high technology done in diverse cultures worldwide?

Created similar patterns of consumption.

What is the percentage of foreign revenue as a percentage of total company revenues in hundreds of U.S. firms, including ExxonMobil, Gillette, Dow Chemical, and Citicorp?

Exceed 50 percent.

Alternative strategies not selected for implementation should be discarded, as they have a tendency to contaminate the contingency plans.

False

Are American firms insulated from foreign competition?

False

Can you obtain insurance from the U.S. government's OPIC to eliminate all risks associated with doing business internationally?

False

In strategy evaluation, a revised IFE Matrix should indicate how effective a firm's strategies have been in response to key opportunities and threats

False

The trend in the United States is toward larger boards of directors, with an average of 18 members being the norm.

False

While open-mindedness is generally considered to be a good trait, it endangers effective strategic management.

False

Has history proven that the lower the trust and confidence of people in the ethics of an institution or society, the greater its economic strength?

False.

What is NOT a potential advantage to initiating, continuing, and/or expanding international operations?

Foreign operations may result in reduced tariffs, lower taxes, and favorable political treatment.

In order to be considered bribery, what must the gift offered be?

Not necessarily money or a physical item.

Which is NOT a reason why preserving the environment should be a permanent part of doing business?

Public opinion demanding that firms conduct business in ways that preserve the natural environment has been weakening.

What is NOT one of the perspectives from which the Balanced Scorecard allows firms to evaluate strategies?

Social responsibility

Which of the following is NOT one of the perspectives from which the Balanced Scorecard allows firms to evaluate strategies?

Social responsibility

Which of the following is NOT a corrective action a company might take to correct unfavorable variances?

Taking punitive action

What do most economists suggest about firms engaging in philanthropy?

They should not engage much, if any.

What do Americans place an exceptionally high priority on, whereas many foreigners place more worth on?

Time; relationships.

Does Brazil offer skilled labor and technology?

True

According to Friedman's point-of-view, is it irresponsible for a firm to give monies to charity?

True.

Are the social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive opportunities and threats that face a multinational corporation almost limitless?

True.

With the passage of time, strategy evaluation is becoming

increasingly difficult.

The idea that the positioning of one's ________ can enhance their combined effectiveness is familiar to military theorists, chess players, and diplomats.

resources

With regard to the visible or hidden issue, most executives agree that

some strategic information should remain confidential to top managers.