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TABLE OF CONTENTS
Part I: FOUNDATIONS OF GLOBAL BUSINESS
1. The Rise of Globalizaćon.
2. The Evolućon of Internaćonal Business.
3. Regional Economic Integraćon.
4. The Internaćonal Flow of Funds and Exchange Rates.
Part II: GLOBAL BUSINESS ENVIRONMENT.
5. The Cultural Environment of Global Business.
6. The Legal, Economic and Polićcal Environment of Global Business.
7. Corrupćon and Ethics in Global Business.
Part III: GLOBAL BUSINESS STRATEGY AND ORGANIZATI ON.
8. Entry Strategies in Global Business.
9. Control of Global Business.
10. The Organizaćon of Global Business.
Part IV: MANAGING GLOBAL BUSINESS.
11. Global Human Resource Management.
12. Global Markećng.
13. Global Operaćons and Supply-Chain Management.
14. Global Financial Management.
15. Global Accounćng and Taxaćon.
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Chapter 1: The Rise of GlobalizaŠon
TRUE/FALSE
1. With business becoming increasingly global, its success, fortunately, depends
only on the domesŠc environment.
ANS: F
PTS: 1
DIF: Difficulty: Moderate
REF: p. 4
OBJ: LO: 01-01
NAT: BUSPROG: AnalyŠc
STA: DISC: Environmental Influence KEY: Bloom's: Comprehension
2. Even though business is global, the credit crisis of 2008, started by an American
investment bank, was limited to the American economy with fortunately no
impact on the global economy.
ANS: F
PTS: 1
DIF: Difficulty: Challenging
REF: p. 3
OBJ: LO: 01-01
NAT: BUSPROG: AnalyŠc
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STA: DISC: Environmental Influence KEY: Bloom's: Analysis
3. Key aspects of globalizaćon include the eliminaćon of barriers to trade and
informaćon technology.
ANS: T
PTS: 1
DIF: Difficulty: Moderate
REF: p. 5
OBJ: LO: 01-01
NAT: BUSPROG: Analyćc
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
4. So far globalizaćon has made it possible for goods, services, and capital, to
cross naćonal borders but not technology and culture.
ANS: F
PTS: 1
DIF: Difficulty: Moderate
REF: p. 5
OBJ: LO: 01-01
NAT: BUSPROG: Analyćc
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
5. The “soË” qualićes essenćal to globalizaćon include openness, protecćonism,
accountability, connecćvity, democracy, and centralizaćon.
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TABLE OF CONTENTS
Part I: FOUNDATIONS OF GLOBAL BUSINESS
1. The Rise of Globalizaćon.
2. The Evolućon of Internaćonal Business.
3. Regional Economic Integraćon.
4. The Internaćonal Flow of Funds and Exchange Rates.
Part II: GLOBAL BUSINESS ENVIRONMENT.
5. The Cultural Environment of Global Business.
6. The Legal, Economic and Polićcal Environment of Global Business.
7. Corrupćon and Ethics in Global Business.
Part III: GLOBAL BUSINESS STRATEGY AND ORGANIZATI ON.
8. Entry Strategies in Global Business.
9. Control of Global Business.
10. The Organizaćon of Global Business.
Part IV: MANAGING GLOBAL BUSINESS.
11. Global Human Resource Management.
12. Global Markećng.
13. Global Operaćons and Supply-Chain Management.
14. Global Financial Management.
15. Global Accounćng and Taxaćon.
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Chapter 1: The Rise of GlobalizaŠon
TRUE/FALSE
1. With business becoming increasingly global, its success, fortunately, depends
only on the domesŠc environment.
ANS: F
PTS: 1
DIF: Difficulty: Moderate
REF: p. 4
OBJ: LO: 01-01
NAT: BUSPROG: AnalyŠc
STA: DISC: Environmental Influence KEY: Bloom's: Comprehension
2. Even though business is global, the credit crisis of 2008, started by an American
investment bank, was limited to the American economy with fortunately no
impact on the global economy.
ANS: F
PTS: 1
DIF: Difficulty: Challenging
REF: p. 3
OBJ: LO: 01-01
NAT: BUSPROG: AnalyŠc
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STA: DISC: Environmental Influence KEY: Bloom's: Analysis
3. Key aspects of globalizaćon include the eliminaćon of barriers to trade and
informaćon technology.
ANS: T
PTS: 1
DIF: Difficulty: Moderate
REF: p. 5
OBJ: LO: 01-01
NAT: BUSPROG: Analyćc
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
4. So far globalizaćon has made it possible for goods, services, and capital, to
cross naćonal borders but not technology and culture.
ANS: F
PTS: 1
DIF: Difficulty: Moderate
REF: p. 5
OBJ: LO: 01-01
NAT: BUSPROG: Analyćc
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
5. The “soË” qualićes essenćal to globalizaćon include openness, protecćonism,
accountability, connecćvity, democracy, and centralizaćon.
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