ShortAnswers(30points,5pointsforeach)1.DescribetheHierarchyofNeedstheory.2.DescribethebasicstepsinFormulatingStrategy.3.StateHofstede’stheoryofculturedimensions.4.Howmanyeconomysystemsareevolvedfromglobaleconomics?Describeeach.5.What’sbiotechnology?Pleasestatethedevelopmentofbiotechnology.6.Describethenatureoforganizationalculture.7.Statethestrategiesforthe“BaseofthePyramid”8.Whyistoday’sinternationalenvironmentsoconfusingandchallengingforMNC’s.9.Howmanyfactorsdohelpinfluencewhetherdecisionmakingwillbecentralizedordecentralized?10.PleasedescribetheglobalIntegrationvs.NationalResponsivenessMatrix.11.IsthereanyrelationshipbetweencompanysizeandEuropeanmangers’attitudetowardparticipativeleadershipstyles?12.StateTropenaars’fourdifferenttypesoforganizationalcultures.13.Describetheglobalization,anti-globalizationandglobalpressures.14.List6typesofentrystrategies.Describeatleast3ofthemtheadvantageanddisadvantage.15.DescribethecontentandinfluenceofForeignCorruptPracticesAct.16.Howmanyeconomysystemsareevolvedfromglobaleconomics?Describeeach.17.Statecorporatesocialresponsibilityandsustainability.18.Describethecriteriausedinselectingmanagers’foroverseasassignments.19.Statethreebasiccategoriesofpoliticalrisks.20.Dovaluechangeovertime?21.StateHerzberg’stwo-factortheory.Questions(30points,6pointsforeach)1.Howhasglobalizationaffecteddifferentworldregions?Whataresomeofthebenefitsandcostsofglobalizationfordifferentsectorsofsociety?A:2.HowhasNAFTAaffectedtheeconomiesofNorthAmericaandtheEUaffectedEurope?WhatimportancedotheseeconomicpactshaveforinternationalmanagersinNorthAmerica,Europe?A:3.MNCsfromemergingmarkets(India,China,Brazil)arebeginningtochallengethedominanceofdevelopedcountryMNCs.HowmightMNCsfromNorthAmerica,Europe,andJapanrespondtothesechallenges?A:4.InwhatwaysdodifferentideologiesandpoliticalsystemsinfluencetheenvironmentinwhichMNCsoperate?A:5.HowdothefollowinglegalprinciplesimpactMNCoperations:theprincipleofsovereignty,thenationalityprinciple,theterritorialityprinciple?A:6.Howmightdifferentethicalphilosophiesinfluencehowmanagersmakedecisionswhenitcomestooffshoringofjobs?A:7.Inrecentyears,ruleshavetightenedsuchthatthosewhoworkfortheU.S.governmentintradenegotiationsarenowrestrictedfromworkingforlobbyistsforforeignfirms.Isthisagoodidea?Whyorwhynot?A:8.Whataresomestrategiesforovercomingtheimpactofcounterfeiting?Whichstrategiesworkbestfordiscretionary(forinstance,movies)versusnondiscretionary(pharmaceutical)goods?A:9.WhyareMNCsgettinginvolvedincorporatesocialresponsibilityandsustainablebusinesspractice?Aretheydisplayingasenseofsocialresponsibility,oristhismerelyamatterofgoodbusiness,orboth?Defendyouranswer.A:10.Whatismeantbythetermculture?Inwhatwaycanmeasuringattitudesaboutthefollowinghelpdifferentiatebetweencultures:centralizedordecentralizeddecisionmaking,safetyorrisk,individualorgrouprewards,highorloworganizationalloyalty,cooperationorcompetition?UsetheseattitudestocomparetheUnitedStates,Germany,andJapan.Basedonyourcomparisons,whatconclusionscanyoudrawregardingtheimpactofcultureonbehavior?A:11.Whatismeantbythetermvalue?Areculturalvaluesthesameworldwide,oraretheremarkeddifferences?Arethesevalueschangingovertime,oraretheyfairlyconstant?Howdoesyouranswerrelatetotheroleofvaluesinaculture?A:12.Aspeopleengageinmoreinternationaltravelandbecomemorefamiliarwithothercountries,willculturaldifferencesdeclineasaroadblocktointernationalunderstanding,orwilltheycontinuetobeamajorbarrier?Defendyouranswer.A:13.Inwhatwayistimeaculturalfactor?Inwhatwayistheneedtocontroltheenvironmentaculturalfactor?Giveanexampleforeach.A:14.DefinethefourbasicpredispositionsMNCshavetowardtheirinternationaloperations.A:15.Ifalocallybasedmanufacturingfirmwithsalesof$350milliondecidedtoentertheEUmarketbysettingupoperationsinFrance,whichorientationwouldbethemosteffective:ethnocentric,polycentric,regiocentric,orgeocentric?Why?Explainyourchoice.A:16.Inwhatwayareparochialismandsimplificationbarrierstoeffectivecross-culturalmanagement?Ineachcase,giveanexample.A:17.Inmostcases,localmanagerialapproachesmustbemodifiedfordoingbusinessoverseas.Whatarethreespecificexamplesthatsupportthisstatement?Becompleteinyouranswer.A:18.SomeresearchershavefoundthatwhenGermansworkforaU.S.MNC,theybecomeevenmoreGerman,andwhenAmericansworkforaGermanMNC,theybecomeevenmoreAmerican.WhywouldthisknowledgebeimportanttotheseMNCs?A:19.WhencomparingthenegotiatingstylesandstrategiesofFrenchversusSpanishnegotiators,anumberofsharpcontrastsareevident.Whatarethreeofthese,andwhatcouldMNCsdotoimprovetheirpositionwhennegotiatingwitheithergroup?A:20.Inwhichofthefourtypesoforganizationalcultures—family,EiffelTower,guidedmissile,incubator—wouldmostpeopleintheUnitedStatesfeelcomfortable?InwhichwouldmostJapanesefeelcomfortable?Basedonyouranswers,whatconclusionscouldyoudrawregardingtheimportanceofunderstandingorganizationalcultureforinternationalmanagement?A:21.MostMNCsneednotenterforeignmarketstofacethechallengeofdealingwithmulticulturalism.Doyouagreeordisagreewiththisstatement?Explainyouranswer.A:22.Whatar