, Test Bank
International business 15th edition
by John Daniels and Radebaugh
Chapters 1-26 Covered
TABLE OF CONTENT
1. Part One Background for International Business
2. Chapter 1 Globalization and International Business
3. Part Two Comparative Environmental Frameworks
4. Chapter 2 The Cultural Environments Facing Business
5. Chapter 3 The Political and Legal Environments Facing Business
6. Chapter 4 The Economic Environments Facing Businesses
7. Chapter 5 Globalization and Society
8. Part Three Theories and Institutions: Trade and Investment
9. Chapter 6 International Trade and Factor Mobility Theory
10. Chapter 7 Governmental Influence on Trade
11. Chapter 8 Cross-National Cooperation and Agreements
12. Part Four World Financial Environment
13. Chapter 9 Global Foreign-Exchange Markets
14. Chapter 10 The Determination of Exchange Rates
15. Chapter 11 Global Capital Markets
16. Part Five Global Strategy, Structure, and Implementation
17. Chapter 12 The Strategy of International Business
18. Chapter 13 Country Evaluation and Selection
1
Copyright © 2015 Pearson Education, Inc.
,19. Chapter 14 Export and Import
20. Chapter 15 Direct Investment and Collaborative Strategies
21. Chapter 16 The Organization of International Business
22. Part Six Managing International Operations
23. Chapter 17 Marketing Globally
24. Chapter 18 Global Operations and Supply-Chain Management
25. Chapter 19 International Accounting and Finance Issues
26. Chapter 20 International Human Resource Management
2
Copyright © 2015 Pearson Education, Inc.
, International Business: Environments and Operations, 15e (Daniels et al.)
Chapter 1 Globalization and International Business
1) The widening set of interdependent relationships among people from different parts of the
world is known as .
A) globalization
B) offshoring
C) franchising
D) outsourcing
Answer: A
Diff: 1
Learning Outcome: Discuss trends in and the debate over globalization Skill:
Concept
Objective: 2
AACSB: Diverse and multicultural work environments
2) Which of the following best defines international business?
A) It includes all economic flows between two or more countries.
B) It includes all private economic flows between two or more countries.
C) It includes all business transactions involving two or more countries.
D) It includes all business transactions in countries other than your home country.
Answer: C
Diff: 2
Learning Outcome: Define the fundamental concepts of international business
Skill: Concept
Objective: 1
AACSB: Diverse and multicultural work environments
3) Which of the following is NOT a likely reason to study international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and competitive conditions may cause
companies to alter their operating methods from country to country.
C) Business conducted outside the limits of any one country is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive resources by operating
internationally.
Answer: C Diff:
3
Learning Outcome: Define the fundamental concepts of international business
Skill: Concept
Objective: 1
AACSB: Diverse and multicultural work environments
3
Copyright © 2015 Pearson Education, Inc.
International business 15th edition
by John Daniels and Radebaugh
Chapters 1-26 Covered
TABLE OF CONTENT
1. Part One Background for International Business
2. Chapter 1 Globalization and International Business
3. Part Two Comparative Environmental Frameworks
4. Chapter 2 The Cultural Environments Facing Business
5. Chapter 3 The Political and Legal Environments Facing Business
6. Chapter 4 The Economic Environments Facing Businesses
7. Chapter 5 Globalization and Society
8. Part Three Theories and Institutions: Trade and Investment
9. Chapter 6 International Trade and Factor Mobility Theory
10. Chapter 7 Governmental Influence on Trade
11. Chapter 8 Cross-National Cooperation and Agreements
12. Part Four World Financial Environment
13. Chapter 9 Global Foreign-Exchange Markets
14. Chapter 10 The Determination of Exchange Rates
15. Chapter 11 Global Capital Markets
16. Part Five Global Strategy, Structure, and Implementation
17. Chapter 12 The Strategy of International Business
18. Chapter 13 Country Evaluation and Selection
1
Copyright © 2015 Pearson Education, Inc.
,19. Chapter 14 Export and Import
20. Chapter 15 Direct Investment and Collaborative Strategies
21. Chapter 16 The Organization of International Business
22. Part Six Managing International Operations
23. Chapter 17 Marketing Globally
24. Chapter 18 Global Operations and Supply-Chain Management
25. Chapter 19 International Accounting and Finance Issues
26. Chapter 20 International Human Resource Management
2
Copyright © 2015 Pearson Education, Inc.
, International Business: Environments and Operations, 15e (Daniels et al.)
Chapter 1 Globalization and International Business
1) The widening set of interdependent relationships among people from different parts of the
world is known as .
A) globalization
B) offshoring
C) franchising
D) outsourcing
Answer: A
Diff: 1
Learning Outcome: Discuss trends in and the debate over globalization Skill:
Concept
Objective: 2
AACSB: Diverse and multicultural work environments
2) Which of the following best defines international business?
A) It includes all economic flows between two or more countries.
B) It includes all private economic flows between two or more countries.
C) It includes all business transactions involving two or more countries.
D) It includes all business transactions in countries other than your home country.
Answer: C
Diff: 2
Learning Outcome: Define the fundamental concepts of international business
Skill: Concept
Objective: 1
AACSB: Diverse and multicultural work environments
3) Which of the following is NOT a likely reason to study international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and competitive conditions may cause
companies to alter their operating methods from country to country.
C) Business conducted outside the limits of any one country is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive resources by operating
internationally.
Answer: C Diff:
3
Learning Outcome: Define the fundamental concepts of international business
Skill: Concept
Objective: 1
AACSB: Diverse and multicultural work environments
3
Copyright © 2015 Pearson Education, Inc.
