chapter5

Question 1

Joint Venture

Answer 1

a partnership formed between a company in one country and a company in another country pursuing some mutual benefit.

Question 2

NAFTA

Answer 2

is an international market agreement aimed at facilitating trade among member nations.

Question 3

Influencing

Answer 3

guiding the activities of organization members in the right direction.

Question 4

Transnational Organization

Answer 4

also called a global organization, views the entire world as its business arena. the goal is to make business wherever you can.

Question 5

Domestic Organization

Answer 5

an organization that only operates in one country

Question 6

Host Country

Answer 6

-is the country in which an investment is made by a foreign company.

Question 7

Expatriate

Answer 7

a member that works in a country that they don’t have citizenship of

Question 8

Multinational Corporation

Answer 8

is a company that has significant operations in more than one country

Question 9

Repatriation

Answer 9

is the process of bringing individuals working abroad back to their home country and reintegrating them into the organization’s home-country operations.

Question 10

Geocentric Attitude

Answer 10

believe that the overall quality of management recommendations, rather than the location of managers