Test Bank For Introduction to Business Analytics, 1st Edition All Chapters - 9781265454340.pdf

Test Bank for Introduction to Global Business Introduction t
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o Global Business: Understanding the International Environ
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ment and Global Business Functions 1st Edition, Gaspar. Ch
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apter 1-15 k




Chapter 1: The Rise of Globalization
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TRUE/FALSE

1.
Withkbusinesskbecomingkincreasinglykglobal,kitsksuccess,kfortunately,kdependskonlykonkthek
domestickenvironment.

ANS: F PTS: 1 DIF: Difficulty:kModerate
REF: p.k4 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kComprehension

2.
Evenkthoughkbusinesskiskglobal,kthekcreditkcrisiskofk2008,kstartedkbykankAmericankinvestmen
tkbank,kwasklimitedktokthekAmericankeconomykwithkfortunatelyknokimpactkonkthekglobalkeconomy.

ANS: F PTS: 1 DIF: Difficulty:kChallenging
REF: p.k3 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

3.
Keykaspectskofkglobalizationkincludekthekeliminationkofkbarriersktoktradekandkinformationkte
chnology.

ANS: T PTS: 1 DIF: Difficulty:kModerate
REF: p.k5 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

4.
Sokfarkglobalizationkhaskmadekitkpossiblekforkgoods,kservices,kandkcapital,ktokcrossknationalk
borderskbutknotktechnologykandkculture.

ANS: F PTS: 1 DIF: Difficulty:kModerate
REF: p.k5 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

, 5.
Thek“soft”kqualitieskessentialktokglobalizationkincludekopenness,kprotectionism,kaccountabil
ity,kconnectivity,kdemocracy,kandkcentralization.

ANS: F PTS: 1 DIF: Difficulty:kChallenging
REF: p.k6 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

6. Aksustainablekdecouplingkprocesskwouldkeventuallykleadktokakmulti-polarkworld—
akworldkeconomykinkwhichkthekengineskofkgrowthkcouldkcomprisekthekUnitedkStates,kthekEuropeank
Union,kChina,kIndia,kBrazil,kRussia,kandkSouthkAfricakratherkthankthekUnitedkStateskalone.

ANS: T PTS: 1 DIF: Difficulty:kChallenging
REF: p.k9 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

7.
Thekopennesskandkproliferationkofkglobalizationkandkfreektradekruleskcankbestkbekattributedkt
okthekinterwarkperiodkbetweenkWorldkWarkIkandkII.

ANS: F PTS: 1 DIF: Difficulty:kChallenging
REF: p.k10 OBJ: LO:k01-02 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

8.
AskpartkofkthekWorldkBank’skStrategickFramework,ktherekarekfivekfocuskareaskthatkaccommo
datekandkfacilitatekthekglobalizationkprocesskincludingkitskanalyticalkandkadvisorykroleksupportingkn
ationalkpoliciesktokstrengthenkfreekmarketkinstitutionskandkinfrastructurekthatkhaskprovidedkthekpoten
tialkforkcreatingklargekgainskfromktrade.

ANS: T PTS: 1 DIF: Difficulty:kChallenging
REF: p.k12 OBJ: LO:k01-02 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kEvaluation

9.
ForkWorldkTradekOrganization,kincreasingktradekbarrierskhaskbeenkonekofkthekmostksimplisti
ckwaysktokencouragektradekandkglobalization.

ANS: F PTS: 1 DIF: Difficulty:kModerate
REF: p.k13 OBJ: LO:k01-02 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kComprehension

10. Thekfoundationskofkthekglobalizedkbusinesskworldkarekpolitical—
andksokarekthekbiggestkthreatsktoktheksystem.

ANS: T PTS: 1 DIF: Difficulty:kChallenging

, REF: p.k15 OBJ: LO:k01-03 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kAnalysis

11.
Countrieskthatkhaveksuccessfullykadaptedktokglobalizationkrealizekthatktheykcannotksucceedk
withoutkhigh-qualitykgovernmentkmanagementkatkhome.

ANS: T PTS: 1 DIF: Difficulty:kModerate
REF: p.k18 OBJ: LO:k01-04 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kComprehension

12. Inkcommunistkandkstate-
controlledkeconomiesklikekthosekinkCentralkAsiakpropertykrightskeitherkdoknotkexistkorkareknotkwellkd
efinedkwhichkdiscourageskdomestickandkforeignkinvestorskfromkmakingklong-
termkcommitmentskinkthesekcountries.

ANS: T PTS: 1 DIF: Difficulty:kModerate
REF: p.k18 OBJ: LO:k01-04 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kEvaluation

13.
MorekglobalizedkeconomiesklikekNewkZealandkandkSingaporekrankkatkthektopkinkindexkforkab
sencekofkcorruptionkbykTransparencykInternational.

ANS: T PTS: 1 DIF: Difficulty:kChallenging
REF: p.k19 OBJ: LO:k01-04 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kEvaluation

14.
Becausekbroadbandkpriceskhavekbeenkfalling,kgovernmentskinkemergingkeconomiesksuchkask
IndiakandkSouthkAfricakarekfacilitatingkthekspreadkofkbroadbandktokruralktownskandkvillagesktokprovi
dekinstantkaccessktokmarketkinformationkandkgovernmentkprogramsktokremotekvillagerskwhichkwillke
nablekpolicymakersktokmaximizekthekeconomickpotentialkofkremotekcommunitieskandkmakekglobaliz
ationksustainable.

ANS: T PTS: 1 DIF: Difficulty:kModerate
REF: p.k20 OBJ: LO:k01-05 NAT: BUSPROG:kAnalytic
STA: DISC:kInformationkTechnology KEY: Bloom's:kEvaluation

15.
Criticskarguekthatkopenktradekandkforeignkdirectkinvestmentkalwaysktakekjobskfromkworkerski
nkdevelopingkeconomieskandktransferkthemktokworkerskinkadvancedkindustrialkcountrieskwhichkleave
kthekworkerskinkthekdevelopingkcountry,koutkofkwork.




ANS: F PTS: 1 DIF: Difficulty:kModerate
REF: p.k23 OBJ: LO:k01-06 NAT: BUSPROG:kAnalytic

, STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kEvaluation

16.
AksurveykbykthekWorldkBankkindicateskthatkofkthekcompaniesksurveyed;kunfortunately,konlyk
30kpercentkhavekboard-
approvedkpolicieskonkenvironmentalkmanagementkindicatingkthatkcorporateksocialkresponsibilitykpr
acticeskhavekbecomekankinsignificantkfactorkinkdeterminingkwherekmultinationalkcorporationskcond
uctkbusiness.

ANS: F PTS: 1 DIF: Difficulty:kChallenging
REF: p.k24 OBJ: LO:k01-06 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kEvaluation

MULTIPLEkCHOICE

1. Ofkthekfollowing,kwhichkiskNOTktruekregardingkthekcreditkcrisis?
a. ItkaffectedkfarmerskinkBurkinakFaso.
b. ItkaffectedkminerskandksteelkworkerskinkUkraine.
c. Itkaffectedkassemble-linekworkerskinkSingapore.
d. Itkaffectedkwhite-collarkworkerskatkinformationktechnologykfirmskinkIreland.
e. Itkhadkankimpactkonlykonkitskcountrykofkorigin-kthekUnitedkStates.
ANS: E PTS: 1 DIF: Difficulty:kEasy
REF: p.k3 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kEvaluation

2.
BraziliankJuice,kakmanufacturerkofkhealthykfruitkjuiceskinkBrazil,ksellskjuicekinksixkdifferentkc
ountrieskincludingkUnitedkStates.kBraziliankjuicekiskengagingkin
a. economickdevelopmentkinkUnitedkStates.
b. exercisingknontariffkbarrierskinkBrazil.
c. unfairktradekpractices.
d. globalization.
e. thekWorldkTradekBankkGroup.
ANS: D PTS: 1 DIF: Difficulty:kModerate
REF: p.k5 OBJ: LO:k01-01 NAT: BUSPROG:kAnalytic
STA: DISC:kEnvironmentalkInfluence KEY: Bloom's:kApplication

3. WhichkofkthekfollowingkiskNOTkakkeykaspectkofkglobalization?
a. Thekeliminationkofkbarriersktoktrade
b. Investment
c. Financialkindependence
d. Culture
e. Informationktechnology
ANS: C PTS: 1 DIF: Difficulty:kModerate