TEST BANK For Global Business Today, 12th Edition By
Charles Hill Chapters 1 - 17
,TABLE OF CONTENT
PART ONE
Chapter One Globalization
PART TWO National Differences
Chapter Two National Differences in Political, Economic, and Legal Systems
Chapter Three National Differences in Economic Development
Chapter Four Differences in Culture
Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
PART THREE The Global Trade and Investment Environment
Chapter Six International Trade Theory
Chapter Seven Government Policy and International Trade
Chapter Eight Foreign Direct Investment
Chapter Nine Regional Economic Integration
PART FOUR The Global Monetary System
Chapter Ten The Foreign Exchange Market
Chapter Eleven The International Monetary System
PART FIVE The Strategy of International Business
Chapter Twelve The Strategy of International Business
Chapter Thirteen Entering Developed and Emerging Markets
PART SIX International Business Functions
Chapter Fourteen Exporting, Importing, and Countertrade
Chapter Fifteen Global Production and Supply Chain Management
,Chapter Sixteen Global Marketing and Business Analytics
Chapter Seventeen Global Human Resource Management
, ANSWERS qARE qAT qTHE qEND qOF qEACH qCHAPTER
Chapter q01
q GlobalizationqTrue q/
q False qQuestions
1. As qa qresult qof qglobalization, qwe qhave qbeen qmoving qtoward qa qworld qin
qwhich qnational qeconomiesqare qrelatively qself-contained qentities.
True False
2. By qoffering qthe qsame qbasic qproduct qworldwide, qfirms qhelp qto
qcreate qa qglobal qmarket.qTrue False
3. A qcompany qhas qto qbe qthe qsize qof qa qmultinational qgiant qto qfacilitate,
qand qbenefit qfrom, qtheqglobalization qof qmarkets.
True False
4. As qa qresult qof qglobalization, qcompanies qrarely qneed qto qcustomize qmarketing
qstrategies, qproductqfeatures, qand qoperating qpractices qin qdifferent qcountries.
True False
5. Globalization qhas qresulted qin qgreater quniformity qreplacing qdiversity qacross
q national qmarkets.qTrue False
6. As qfirms qfollow qeach qother qaround qthe qworld, qthey qbring qwith qthem
qmany qof qthe qassets qthatqserved qthem qwell qin qother qnational qmarkets. qThus,
qgreater qdiversity qreplaces quniformity.
True False
7. Substantial qimpediments, qsuch qas qbarriers qto qforeign qdirect qinvestment, qmake
qit qdifficult qfor qfirmsqto qachieve qthe qoptimal qdispersion qof qtheir qproductive qactivities
qto qlocations qaround qthe qglobe.
True False
Charles Hill Chapters 1 - 17
,TABLE OF CONTENT
PART ONE
Chapter One Globalization
PART TWO National Differences
Chapter Two National Differences in Political, Economic, and Legal Systems
Chapter Three National Differences in Economic Development
Chapter Four Differences in Culture
Chapter Five Ethics, Corporate Social Responsibility, and Sustainability
PART THREE The Global Trade and Investment Environment
Chapter Six International Trade Theory
Chapter Seven Government Policy and International Trade
Chapter Eight Foreign Direct Investment
Chapter Nine Regional Economic Integration
PART FOUR The Global Monetary System
Chapter Ten The Foreign Exchange Market
Chapter Eleven The International Monetary System
PART FIVE The Strategy of International Business
Chapter Twelve The Strategy of International Business
Chapter Thirteen Entering Developed and Emerging Markets
PART SIX International Business Functions
Chapter Fourteen Exporting, Importing, and Countertrade
Chapter Fifteen Global Production and Supply Chain Management
,Chapter Sixteen Global Marketing and Business Analytics
Chapter Seventeen Global Human Resource Management
, ANSWERS qARE qAT qTHE qEND qOF qEACH qCHAPTER
Chapter q01
q GlobalizationqTrue q/
q False qQuestions
1. As qa qresult qof qglobalization, qwe qhave qbeen qmoving qtoward qa qworld qin
qwhich qnational qeconomiesqare qrelatively qself-contained qentities.
True False
2. By qoffering qthe qsame qbasic qproduct qworldwide, qfirms qhelp qto
qcreate qa qglobal qmarket.qTrue False
3. A qcompany qhas qto qbe qthe qsize qof qa qmultinational qgiant qto qfacilitate,
qand qbenefit qfrom, qtheqglobalization qof qmarkets.
True False
4. As qa qresult qof qglobalization, qcompanies qrarely qneed qto qcustomize qmarketing
qstrategies, qproductqfeatures, qand qoperating qpractices qin qdifferent qcountries.
True False
5. Globalization qhas qresulted qin qgreater quniformity qreplacing qdiversity qacross
q national qmarkets.qTrue False
6. As qfirms qfollow qeach qother qaround qthe qworld, qthey qbring qwith qthem
qmany qof qthe qassets qthatqserved qthem qwell qin qother qnational qmarkets. qThus,
qgreater qdiversity qreplaces quniformity.
True False
7. Substantial qimpediments, qsuch qas qbarriers qto qforeign qdirect qinvestment, qmake
qit qdifficult qfor qfirmsqto qachieve qthe qoptimal qdispersion qof qtheir qproductive qactivities
qto qlocations qaround qthe qglobe.
True False
