resources. D) Operating globally can increase an organization\' s effectiveness

Question

resources. D) Operating globally can increase an organization' s effectiveness and efficiency. E) Operating within the global environment is straightforward and easy 7 Which of the folowing is true of the global environment? A) The global environment is a set of static forces which rarely change over time. B) The global environment presents managers with few threats and opportunities. C) The global environment is a set of forces within an organization that affects and shapes its behavior. D) Managers' understanding of the global environment impacts organizational performance significantly E) An organization' s revenues and profits are imune to changes in the global environment. 8 The finished goods and services of an organization are sold by its A) processors B) distributors C) suppliers D) competitors E) consumers is the flow of raw materials, parts, and components between companies and countries A) Resource capita B) Human capital C) Financial capita D) Political capital E) Virtual capital 10 According to Hofstede, s model of national culture, worldvies that values assertiveness, performance, success, and competition is a A) social stratification B) uncertainty avoidance C) achievement orientation D) avoidance resistance E) nurturing orientation

Explanation / Answer

7) Answer is D

Explanation:

The definition of Global Environment is set of global forces and conditions that operate beyond an organization's boundaries but affect a manager's to ability to acquire and utilize resources

That means managers knowledge of the global environment will impact organization performance significantly because he can take good and strategic decisions for the investment and resource utilization which directly is going to impact organization performance.

8) Answer is B- distributors

Processors make or process the goods, Suppliers supplies the raw material, distributors sells it to retailers who are end sellers, customers purchase it and competitors are also sellers and makers of the same product in industry which compete with us for the market share

9) Answer is A- Resource capital

Explanation: Raw material , parts and components are considered as resources for any firm, other options Human, financial, political and virtual can be easily understood by the their meaning only

10) Answer is C

Explanation:

Achievement Orientation: Worldview that values assertiveness, performance, success, and competition

Example for this is US and Japan

Uncertainty avoidance: degree to which societies are willing to tolerate uncertainty and risk

Nurturing orientation: worldview that values quality of life, warm personal friendships, and services and care for the weak

i.e. Norway, Sweden, Denmark

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