Global Business (5th Edition) by Mike Peng (ISBN X) — Complete Test Bank with Questions and Answers for All Chapters on International Business and Global Strategy

-------




TEST BANK FOR GLOBAL
BUSINESS 5TH EDITION BY
PENG MIKE: ISBN-
10;035771640X | ALL
CHAPTERS COVERED




GLOBAL BUSINESS, 5TH EDITION MIKE W. PENG

,-------




GLOBAL BUSINESS, 5TH EDITION MIKE W. PENG


Chapter1-17

Chapter 1

1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in,
controlling, and managing value-added activities in other countries.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: International Business and Global Business
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Creation of Value
KEYWORDS: Bloom's: Remember
- 11/12/2021 2:54
- 3/5/2022 11:24

2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Globalization and
Semiglobalization
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Strategy
KEYWORDS: Bloom's: Remember
- 11/12/2021 2:54
- 3/5/2022 11:24

3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments
operating in an economy.

GLOBAL BUSINESS, 5TH EDITION MIKE W. PENG

,-------


a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
- 11/12/2021 2:54
- 3/5/2022 11:24

4. The majority of the global GDP is contributed by the emerging markets.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
- 11/12/2021 2:54
- 3/5/2022 11:24

5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
different currencies can purchase.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence

GLOBAL BUSINESS, 5TH EDITION MIKE W. PENG

,-------


KEYWORDS: Bloom's: Remember
- 11/12/2021 2:54
- 3/5/2022 11:24

6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
governments operating in an economy.
a. True




GLOBAL BUSINESS, 5TH EDITION MIKE W. PENG