A Global Start-Up Faces Many Management Challenges Including

question 52

Multiple Choice

A global start-up faces many management challenges including

• A) communication and coordination across time zones.
• B) pressure to perform internally all primary activities of the value chain.
• C) assuring financing from home country only.
• D) hiring only from home country.

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Definitions:

Other-Race Effect

The cognitive bias to more easily recognize faces of the race that one is most familiar with, which can contribute to difficulties in cross-racial identification.

Scapegoat Theory

A psychological concept where individuals or groups are unfairly blamed for problems or wrongdoings not of their making.

Government Bureaucrats

Individuals employed within government agencies or departments, responsible for the implementation and management of policy and regulations.

Just-World Phenomenon

The cognitive bias to believe that the world is fundamentally fair, leading individuals to rationalize an otherwise inexplicable injustice as deserved by the victim.