TEST BANK for Global Business 5th Edition
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by Peng Mike. Complete Chapters 1 - 17
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,TABLE OF CONTENTS v7 v7 v7
1. Chapter 1: Introduction
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2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
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3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
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4. Chapter 4: Resources and Capabilities
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5. Chapter 5: International Trade
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6. Chapter 6: Foreign Direct Investment
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7. Chapter 7: Foreign Exchange
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8. Chapter 8: Global and Regional Integration
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9. Chapter 9: The Entrepreneurial Firm
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10. Chapter 10: Foreign Market Entry
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11. Chapter 11: Global Competitive Dynamics
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12. Chapter 12: Alliances and Acquisitions
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13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
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14. Chapter 14: Marketing and Supply Chain Management
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15. Chapter 15: Human Resource Management
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16. Chapter 16: Corporate Finance and Governance
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17. Chapter 17: Corporate Social Responsibility
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,Chapter
v7 1
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in,
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controlling, andmanaging value-added activities in other countries.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy v7
REFERENCES: International Business and Global Business v7 v7 v7 v7
QUESTION TYPE: True / False
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HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: v7 United States - AK - DISC: Creation of v7 v7 v7 v7 v7 v7 v7
Value v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED: v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:v7 3/5/2022 11:24 AM v7 v7
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy v7
REFERENCES: Globalization and Semiglobalization v7 v7
QUESTION TYPE: True / False
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HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: v7 United States - AK - DISC: v7 v7 v7 v7 v7
Strategy v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED: v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:v7 3/5/2022 11:24 AM v7 v7
3. Gross domestic product
v7 v7 v7 (GDP) is the sum of value added by resident firms, households, and governments
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operating inan economy.
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v v7
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate v7
, REFERENCES: Global Business and Globalization at a Crossroads
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QUESTION TYPE: v7 True / False
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HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: v7 GLOB.PENG.05.01-05 - LO: 01-05 v7 v7 v7
NATIONAL STANDARDS: v7 United States - BUSPROG: Analytic
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STATE STANDARDS:
v7 United States - AK - DISC: Environmental
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Influence
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KEYWORDS: Bloom's: Remember v7
DATE CREATED:
v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:
v7 3/5/2022 11:24 AM v7 v7
4. The majority of the global GDP is contributed by the emerging markets.
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a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate v7
REFERENCES: Global Business and Globalization at a Crossroads v7 v7 v7 v7 v7 v7
QUESTION TYPE: v7 True / False v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS:
v7 United States - AK - DISC: Environmental v7 v7 v7 v7 v7 v7
Influence v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED:
v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:
v7 3/5/2022 11:24 AM v7 v7
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
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differentcurrencies can purchase.
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v v7 v7
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy v7
REFERENCES: Global Business and Globalization at a Crossroadsv7 v7 v7 v7 v7 v7
QUESTION TYPE: v7 True / False v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS:
v7 United States - AK - DISC: Environmental v7 v7 v7 v7 v7 v7
Influence v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED:
v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:
v7 3/5/2022 11:24 AM v7 v7
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7
v7 v7 v7 v7 v7 v7 v7
by Peng Mike. Complete Chapters 1 - 17
v7 v7 v7 v7 v7 v7 v7
,TABLE OF CONTENTS v7 v7 v7
1. Chapter 1: Introduction
v7 v7
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
v7 v7 v7 v7 v7 v7 v7
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
v7 v7 v7 v7 v7 v7 v7
4. Chapter 4: Resources and Capabilities
v7 v7 v7 v7
5. Chapter 5: International Trade
v7 v7 v7
6. Chapter 6: Foreign Direct Investment
v7 v7 v7 v7
7. Chapter 7: Foreign Exchange
v7 v7 v7
8. Chapter 8: Global and Regional Integration
v7 v7 v7 v7 v7
9. Chapter 9: The Entrepreneurial Firm
v7 v7 v7 v7
10. Chapter 10: Foreign Market Entry
v7 v7 v7 v7
11. Chapter 11: Global Competitive Dynamics
v7 v7 v7 v7
12. Chapter 12: Alliances and Acquisitions
v7 v7 v7 v7
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
v7 v7 v7 v7 v7 v7 v7
14. Chapter 14: Marketing and Supply Chain Management
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15. Chapter 15: Human Resource Management
v7 v7 v7 v7
16. Chapter 16: Corporate Finance and Governance
v7 v7 v7 v7 v7
17. Chapter 17: Corporate Social Responsibility
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,Chapter
v7 1
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in,
v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7
controlling, andmanaging value-added activities in other countries.
v7 v7 7
v v7 v7 v7 v7 v7
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy v7
REFERENCES: International Business and Global Business v7 v7 v7 v7
QUESTION TYPE: True / False
v7 v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
v7 v7 v7 v7
NATIONAL STANDARDS: United States - BUSPROG: Analytic
v7 v7 v7 v7 v7
STATE STANDARDS: v7 United States - AK - DISC: Creation of v7 v7 v7 v7 v7 v7 v7
Value v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED: v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:v7 3/5/2022 11:24 AM v7 v7
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
v7 v7 v7 v7 v7 v7 v7 v7 v7
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy v7
REFERENCES: Globalization and Semiglobalization v7 v7
QUESTION TYPE: True / False
v7 v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
v7 v7 v7 v7
NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: v7 United States - AK - DISC: v7 v7 v7 v7 v7
Strategy v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED: v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:v7 3/5/2022 11:24 AM v7 v7
3. Gross domestic product
v7 v7 v7 (GDP) is the sum of value added by resident firms, households, and governments
v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7
operating inan economy.
v7 v7 7
v v7
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate v7
, REFERENCES: Global Business and Globalization at a Crossroads
v7 v7 v7 v7 v7 v7
QUESTION TYPE: v7 True / False
v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: v7 GLOB.PENG.05.01-05 - LO: 01-05 v7 v7 v7
NATIONAL STANDARDS: v7 United States - BUSPROG: Analytic
v7 v7 v7 v7
STATE STANDARDS:
v7 United States - AK - DISC: Environmental
v7 v7 v7 v7 v7 v7
Influence
v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED:
v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:
v7 3/5/2022 11:24 AM v7 v7
4. The majority of the global GDP is contributed by the emerging markets.
v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate v7
REFERENCES: Global Business and Globalization at a Crossroads v7 v7 v7 v7 v7 v7
QUESTION TYPE: v7 True / False v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
v7 v7 v7 v7
NATIONAL STANDARDS: United States - BUSPROG: Analytic
v7 v7 v7 v7 v7
STATE STANDARDS:
v7 United States - AK - DISC: Environmental v7 v7 v7 v7 v7 v7
Influence v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED:
v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:
v7 3/5/2022 11:24 AM v7 v7
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7 v7
differentcurrencies can purchase.
v7 7
v v7 v7
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy v7
REFERENCES: Global Business and Globalization at a Crossroadsv7 v7 v7 v7 v7 v7
QUESTION TYPE: v7 True / False v7 v7
HAS VARIABLES:
v7 False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
v7 v7 v7 v7 v7
STATE STANDARDS:
v7 United States - AK - DISC: Environmental v7 v7 v7 v7 v7 v7
Influence v7
KEYWORDS: Bloom's: Remember v7
DATE CREATED:
v7 11/12/2021 2:54 PM v7 v7
DATE MODIFIED:
v7 3/5/2022 11:24 AM v7 v7
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
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