Edrftgyihu jiuh
International
ST
Business 1st Edition
UV
TEST BANK
IA
Michael Morris
_A
James Oldroyd
────────────────────────────────────────────────────
PP
Comprehensive Test Bank for Instructors
and Students
RO
© Michael Morris & James Oldroyd. All
rights reserved. Reproduction or distribution
VE
without permission is prohibited.
D?
||| ||| || ||| || | || ||| | || ||| |
9781119244837
© Medgeek
, Edrftgyihu
Test Bankjiuh
— International Business, 1st Edition — Michael Morris and
James Oldroyd
Description
This test bank corresponds to the 1st edition of International Business by
Michael Morris and James Oldroyd. It follows the official textbook structure
ST
and supports assessment of global business environments, international strategy,
culture, sustainability, trade, finance, marketing, operations, and human
resource management in an international context.
UV
Table of Contents
Chapter 1: Globalization
Chapter 2: Analytical Tools for International Business
Chapter 3: Political Systems
Chapter 4: The Legal Environment
IA
Chapter 5: Economic Systems
Chapter 6: Currency and Foreign Exchange
Chapter 7: Trade
Chapter 8: Culture
_A
Chapter 9: Sustainability
Chapter 10: Poverty
Chapter 11: Technological Change and Infrastructure
Chapter 12: Global Innovation and Intellectual Property
PP
Chapter 13: Country Selection and Entry
Chapter 14: International Strategy
Chapter 15: International Organizational Structures
Chapter 16: Global Leadership
RO
Chapter 17: Global Marketing
Chapter 18: Global Operations and Supply-Chain Management
Chapter 19: Global Human Resource Management
Chapter 20: Global Finance and Accounting
VE
D?
© Medgeek
, Morris_International Business, 1st Edition
Test Bank
Chapter 01: Globalization
Multiple Choice
ST
1. Borivia is a country in Eastern Europe that was ruled by Auleria, a country in Western
Europe, for over a century. It gained independence from Auleria in 1923. Now, Borivia
has its own government. Given this information, it can be said that Borivia is a(n) _____.
A. monopoly
B. monarchy
UV
C. sovereign nation
D. emerging market
Answer: C
Learning Objective: 1.1
Difficulty: Medium
IA
AACSB: Analytic
Bloom’s Taxonomy: Application
_A
2. Dasom Inc., a South Korean smartphone manufacturer, sells its smartphones in 64
countries around the world and has offices in 36 counties. Dasom’s business expansion
best exemplifies _____.
A. globalization
PP
B. nationalization
C. subsidization
D. commodification
Answer: A
RO
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
VE
3. In 1995, the government of Duyat, a country in Asia, began major economic reforms that
allowed free trade relations with other countries. Duyat started exporting iron ore and
limestone to other countries around the world. Its domestic market strengthened, and it
D?
experienced an economic boost. This scenario best exemplifies _____.
A. nationalization
B. subsidization
, Morris_International Business, 1st Edition
Test Bank
C. commodification
D. globalization
Answer: D
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
ST
4. The Commerce Coalition (CC) is an intergovernmental organization operating in South
Asia that consists of seven member nations. The CC was established to enable free trade
UV
across these seven countries of South Asia. A citizen of any of the member nations can
easily purchase goods produced in another member nation without paying additional
taxes. Given this information, it can be said that the large market created by the CC is an
example of a(n) _____.
A. monopolistic market
B. globalized market
IA
C. oligopolistic market
D. gray market
Answer: B
_A
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
PP
5. Spain and Italy are both members of the European Union. Nayeli, a Spaniard, is able to
purchase Italian-made bags from a handbag store in Spain without paying additional
taxes. The market created by the European Union is a(n) _____.
RO
A. monopolistic market
B. oligopolistic market
C. gray market
D. globalized market
VE
Answer: D
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
D?
International
ST
Business 1st Edition
UV
TEST BANK
IA
Michael Morris
_A
James Oldroyd
────────────────────────────────────────────────────
PP
Comprehensive Test Bank for Instructors
and Students
RO
© Michael Morris & James Oldroyd. All
rights reserved. Reproduction or distribution
VE
without permission is prohibited.
D?
||| ||| || ||| || | || ||| | || ||| |
9781119244837
© Medgeek
, Edrftgyihu
Test Bankjiuh
— International Business, 1st Edition — Michael Morris and
James Oldroyd
Description
This test bank corresponds to the 1st edition of International Business by
Michael Morris and James Oldroyd. It follows the official textbook structure
ST
and supports assessment of global business environments, international strategy,
culture, sustainability, trade, finance, marketing, operations, and human
resource management in an international context.
UV
Table of Contents
Chapter 1: Globalization
Chapter 2: Analytical Tools for International Business
Chapter 3: Political Systems
Chapter 4: The Legal Environment
IA
Chapter 5: Economic Systems
Chapter 6: Currency and Foreign Exchange
Chapter 7: Trade
Chapter 8: Culture
_A
Chapter 9: Sustainability
Chapter 10: Poverty
Chapter 11: Technological Change and Infrastructure
Chapter 12: Global Innovation and Intellectual Property
PP
Chapter 13: Country Selection and Entry
Chapter 14: International Strategy
Chapter 15: International Organizational Structures
Chapter 16: Global Leadership
RO
Chapter 17: Global Marketing
Chapter 18: Global Operations and Supply-Chain Management
Chapter 19: Global Human Resource Management
Chapter 20: Global Finance and Accounting
VE
D?
© Medgeek
, Morris_International Business, 1st Edition
Test Bank
Chapter 01: Globalization
Multiple Choice
ST
1. Borivia is a country in Eastern Europe that was ruled by Auleria, a country in Western
Europe, for over a century. It gained independence from Auleria in 1923. Now, Borivia
has its own government. Given this information, it can be said that Borivia is a(n) _____.
A. monopoly
B. monarchy
UV
C. sovereign nation
D. emerging market
Answer: C
Learning Objective: 1.1
Difficulty: Medium
IA
AACSB: Analytic
Bloom’s Taxonomy: Application
_A
2. Dasom Inc., a South Korean smartphone manufacturer, sells its smartphones in 64
countries around the world and has offices in 36 counties. Dasom’s business expansion
best exemplifies _____.
A. globalization
PP
B. nationalization
C. subsidization
D. commodification
Answer: A
RO
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
VE
3. In 1995, the government of Duyat, a country in Asia, began major economic reforms that
allowed free trade relations with other countries. Duyat started exporting iron ore and
limestone to other countries around the world. Its domestic market strengthened, and it
D?
experienced an economic boost. This scenario best exemplifies _____.
A. nationalization
B. subsidization
, Morris_International Business, 1st Edition
Test Bank
C. commodification
D. globalization
Answer: D
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
ST
4. The Commerce Coalition (CC) is an intergovernmental organization operating in South
Asia that consists of seven member nations. The CC was established to enable free trade
UV
across these seven countries of South Asia. A citizen of any of the member nations can
easily purchase goods produced in another member nation without paying additional
taxes. Given this information, it can be said that the large market created by the CC is an
example of a(n) _____.
A. monopolistic market
B. globalized market
IA
C. oligopolistic market
D. gray market
Answer: B
_A
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
PP
5. Spain and Italy are both members of the European Union. Nayeli, a Spaniard, is able to
purchase Italian-made bags from a handbag store in Spain without paying additional
taxes. The market created by the European Union is a(n) _____.
RO
A. monopolistic market
B. oligopolistic market
C. gray market
D. globalized market
VE
Answer: D
Learning Objective: 1.1
Difficulty: Medium
AACSB: Analytic
Bloom’s Taxonomy: Application
D?
