mis10e_testban_ch15k_ch15.docVIP

Chapter 15 Managing Global Systems True-False Questions The growth of international trade has radically altered domestic economies around the globe. Answer: True Difficulty: Easy Reference: p. 596 Before you develop a corporate strategy and structure for globalization, a firm should determine the appropriate technology infrastructure. Answer: False Difficulty: Easy Reference: pp. 597–598 Global business drivers can be divided into two groups: general cultural factors and specific business factors. Answer: True Difficulty: Medium Reference: p. 598 The collapse of the Eastern block has speeded the growth of a world culture. Answer: True Difficulty: Easy Reference: p. 598 The growth of powerful communications technologies and the emergence of world cultures create the condition for global markets. Answer: True Difficulty: Easy Reference: p. 599 Micromarketing is limited to marketing to very small geographic and social units within a domestic market. Answer: False Difficulty: Medium Reference: p. 599 A powerful strategic advantage for a globalized firm is lowered cost factors in production. Answer: True Difficulty: Easy Reference: p. 599 Particularism is a concept based on accepting the concept of a shared global culture and the penetration of domestic markets by foreign goods and services. Answer: False Difficulty: Hard Reference: p. 600 At the cultural level, differences among cultures produce differences in social expectations, politics, and legal rules. Answer: True Difficulty: Easy Reference: p. 600 Globalization means that companies can be less concerned with the laws governing the movement of information. Answer: False Difficulty: Easy Reference: p. 600 European countries have very strict laws concerning transborder data flows and privacy. Answer: True Difficulty: Easy Reference: p. 600 The European Union Data Protection Directive restricts the flow of any informati