MGMT 3361 Exam 2

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The acronym GATT stands for the ______________________________________

General Agreement on Tariffs and Trade

Which of the following countries has the largest direct foreign investment in the United States?

Japan

Which of the following statements about resistance to change is true?

Resistance to change will always occur; it is inevitable

The General Agreement on Tariffs and Trade (GATT) ____________________

does all of these

What are the two types of political risk that affect companies conducting global business?

political uncertainty and policy uncertainty

Which of the following is a trend that has allowed companies to skip the phase model when going global?

quick, reliable air travel

Which of the following is one of the three steps in the basic process of managing organizational change outlined by Kurt Lewin?

unfreezing

Ford Motor Company owns and operates a $ 1.9 billion manufacturing plant in Brazil. What method for organizing for global business has Ford used in this example?

wholly owned affiliate

Several Arab countries boycott Coca-Cola products because the soft-drink company maintains product distributors in Israel. This boycott is an example of _______________________________.

a trade barrier

Which of the following factors should be considered when choosing an office/manufacturing location in the Brazilian market for a U.S. company that operates cinemas and wants to open a chain of movie theaters there?

all of these

In the typical S-curve pattern of innovation, small amounts of effort will result in significant increases in performance ________________

at the midpoint of the cycle

Which of the following methods for managing resistance to change should be used as a last resort or under crisis conditions?

coercion

According to John Kotter, which of the following actions will adversely influence refreezing efforts?

declaring victory too soon

What is the first step for managing innovation during discontinuous change?

design iteration

When a U.S. automaker learned that it took longer than any other U.S. car manufacturer to assemble a vehicle, it purchased newer, more flexible manufacturing systems to replace its older ones. Which stage of the technology cycle did it enter?

discontinuous change

Which of the following is NOT one of the components of creative work environments?

group compensations

Which of the following is NOT a part of the experiential approach to innovation?

initiative conversations

Organizational ______ is the successful implementation of creative ideas in organizations.

innovation

The Japanese government has proclaimed that its snow is different from that found in any other region of the world. As a result all snow skis marketed in Japan must be manufactured in Japan. This is an example of a(n) _______________.

nontariff barrier

Russia imposed limits on how much poultry, beef, and pork could be imported into the nation from the European Union (EU) in retaliation to limits the EU placed on how much grain Russia could export. What type of nontariff barrier did Russia use to control the amount of poultry, beef, and pork it imported from the EU?

quotas


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