TEST BANK - International Business,
3rd Edition by Michael Geringer
Professor
VERIFIED EXAM QUESTIONS AND
ANSWERS| ALL MODULES 1-15 COVERED
ALL ANSWERS ARE AT THE END OF EACH
MODULE
Ar
ch
Do
Page | 1
c
, Module 1: The Challenging Context of International Business
1) Discuss the three environments in which an international company operates.
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Understand Difficulty : 2 Medium Gradable : manual
2) Identify and give an example of each of the five major kinds of drivers that are leading international
firms to the globalization of their operations.
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible Bloom's : Understand
Difficulty : 2 Medium
Topic : Drivers of Globalization
Learning Objective : 01-04 Identify the kinds of drivers that are leading firms to internationalize t
Gradable : manual
3) Discuss the arguments supporting and opposing globalization of trade and investment. Do you think
globalization is, overall, a positive development or a negative one for the world? Explain.
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible Bloom's : Understand
Difficulty : 2 Medium
Topic : What Is Globalization?
Learning Objective : 01-05 Compare the key arguments for and against the globalization of business.
Gradable : manual
4) The operations of a company outside its home or domestic market are known as
Ar
business.
ch
4)
Do
Page | 2
c
,Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
5) A(n) company is a company with operations in multiple nations.
5)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
6) The term refers to all the forces influencing the life and development of the firm.
6)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
7) The internal forces over which management does have some control, such as the factors of production
and the activities of the organization, are called the forces.
7)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Ar
Compatible
ch
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Do
Page | 3
c
, Gradable : automatic Bloom's : Understand Difficulty : 2 Medium
8) A company uses a foreign agent to warehouse and deliver its goods in a foreign country. This
illustrates the external force.
8)
Question Details
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Gradable : automatic Difficulty : 2 Medium Bloom's : Apply
AACSB : Knowledge Application
9) When a home country does business in a foreign country, it must obey all the laws of the host country.
This represents the external force.
9)
Question Details
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Gradable : automatic Bloom's : Understand Difficulty : 2 Medium
AACSB : Knowledge Application
10) A jewelry company opened offices in Botswana to be closer to the diamond mines that supplied their
business. This illustrates the effect of the external force in international business.
10)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Ar
Gradable : automatic Bloom's : Understand Difficulty : 2 Medium
ch
Do
Page | 4
c
3rd Edition by Michael Geringer
Professor
VERIFIED EXAM QUESTIONS AND
ANSWERS| ALL MODULES 1-15 COVERED
ALL ANSWERS ARE AT THE END OF EACH
MODULE
Ar
ch
Do
Page | 1
c
, Module 1: The Challenging Context of International Business
1) Discuss the three environments in which an international company operates.
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Understand Difficulty : 2 Medium Gradable : manual
2) Identify and give an example of each of the five major kinds of drivers that are leading international
firms to the globalization of their operations.
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible Bloom's : Understand
Difficulty : 2 Medium
Topic : Drivers of Globalization
Learning Objective : 01-04 Identify the kinds of drivers that are leading firms to internationalize t
Gradable : manual
3) Discuss the arguments supporting and opposing globalization of trade and investment. Do you think
globalization is, overall, a positive development or a negative one for the world? Explain.
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible Bloom's : Understand
Difficulty : 2 Medium
Topic : What Is Globalization?
Learning Objective : 01-05 Compare the key arguments for and against the globalization of business.
Gradable : manual
4) The operations of a company outside its home or domestic market are known as
Ar
business.
ch
4)
Do
Page | 2
c
,Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
5) A(n) company is a company with operations in multiple nations.
5)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
6) The term refers to all the forces influencing the life and development of the firm.
6)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Bloom's : Remember Difficulty : 1 Easy Gradable : automatic
7) The internal forces over which management does have some control, such as the factors of production
and the activities of the organization, are called the forces.
7)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Ar
Compatible
ch
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Do
Page | 3
c
, Gradable : automatic Bloom's : Understand Difficulty : 2 Medium
8) A company uses a foreign agent to warehouse and deliver its goods in a foreign country. This
illustrates the external force.
8)
Question Details
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Gradable : automatic Difficulty : 2 Medium Bloom's : Apply
AACSB : Knowledge Application
9) When a home country does business in a foreign country, it must obey all the laws of the host country.
This represents the external force.
9)
Question Details
Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Gradable : automatic Bloom's : Understand Difficulty : 2 Medium
AACSB : Knowledge Application
10) A jewelry company opened offices in Botswana to be closer to the diamond mines that supplied their
business. This illustrates the effect of the external force in international business.
10)
Question Details
AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic business. Topic : Why
Study International Business
Ar
Gradable : automatic Bloom's : Understand Difficulty : 2 Medium
ch
Do
Page | 4
c
