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TEST BANK- Global Business 5th Edition BY Mike W. Peng (2022), ISBN-/ All chapters 1-17/Complete Guide

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TEST BANK- Global Business 5th Edition BY Mike W. Peng (2022), ISBN-/ All chapters 1-17/Complete Guide TEST BANK- 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 DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 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 DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating in an economy. 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 DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 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 DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 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 KEYWORDS: Bloom's: Remember DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 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 b. False ANSWER: False 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 KEYWORDS: Bloom's: Remember DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 7. Global business includes both international and domestic business activities. 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: Environmental Influence KEYWORDS: Bloom's: Remember DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 8. International business can be defined as the investment in, controlling, and managing value-added activities in other countries. a. True b. False ANSWER: False 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: Environmental Influence KEYWORDS: Bloom's: Remember DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 9. On the global economic pyramid, the Triad refers to developed economies consisting of North America, Europe, and Japan. 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: Creation of Value KEYWORDS: Bloom's: Remember DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 10. All the countries of the BRIC belong to the top tier of the global economic pyramid. a. True b. False ANSWER: False 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: Environmental Influence KEYWORDS: Bloom's: Remember DATE CREATED: 11/12/2021 2:54 PM DATE MODIFIED: 3/5/2022 11:24 AM 11. The second tier of the global economic pyramid is made up of countries with a per capita annual income of more than $20,000. a. True b. False ANSWER: False 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

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MIKE W. PENG Global Business
  • 2022
  • 9780357716403
  • Unknown

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Institution
Global business
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Global business

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Uploaded on
May 16, 2025
Number of pages
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Written in
2024/2025
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Solution Manual for Global Business
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5th Edition
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by Peng Mike. Complete Chapters 1 - 17
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1 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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to
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a publicly accessible website, in whole or in part.

,TABLE OF CONTENTS nB nB nB




1. Chapter 1: Introduction nB nB




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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nB nB nB nB nB nB nB nB nB nB nB nB Chapter 17: Corporate Social Responsibility
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2 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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to
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a publicly accessible website, in whole or in part.

,Chapter 1 nB




Table of Contents nB nB




Purpose and Perspective of the Chapter .................................................................................................................. 2
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Cengage Supplements ................................................................................................................................................... 2
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Chapter Objectives .......................................................................................................................................................... 2
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Complete List of Chapter Activities and Assessments ......................................................................................... 3
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What's New in This Chapter ......................................................................................................................................... 3
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Opening Case Discussion: Emerging Markets—Apple, America, and China................................................ 3
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Chapter Outline ................................................................................................................................................................ 4
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End-of-Chapter Guide .................................................................................................................................................... 9
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Review Questions ........................................................................................................................................................ 9
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Critical Discussion Questions ................................................................................................................................ 11
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Global Action .............................................................................................................................................................. 12
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Closing Case: Emerging Markets—Are US Multinationals Good for America? .................................... 12
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Appendix...........................................................................................................................................................................14
Generic Rubrics .......................................................................................................................................................... 14
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Standard Writing Rubric ......................................................................................................................................... 14
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Standard Discussion Rubric ................................................................................................................................... 14
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3 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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to
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a publicly accessible website, in whole or in part.

, Purpose and Perspective of the Chapter nB nB nB nB nB




The purpose of this chapter is to explore the concepts of international and global business. First,
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we discuss the importance of studying global business. Then, we develop the unified framework
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used in each chapter, which focuses learning on one fundamental question and two core
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perspectives—an institution-based view and a resource-based view. Next, we explore the
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concepts of globalization, semiglobalization, and risk management. As a backdrop for the
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remainder of the text, the Global Business and Globalization at a Crossroads section makes two
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points: First, a basic understanding of the global economy is necessary. Second, it is important
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to critically examine your own personal views and biases regarding globalization. Additionally,
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we outline three leading debates concerning business and globalization/deglobalization. Finally,
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we explore the broad implications for savvy managers and students for the future of global
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business in a less global world.
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Cengage Supplements nB




The following product-level supplements provide additional information that may help you in
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preparing your course. They are available in the Instructor Resource Center.
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 Transition Guide (provides information about what’s new from edition to edition)
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 Educator’s Guide (describes assets in the platform with a detailed breakdown of nB nB nB nB nB nB nB nB nB nB nB




activities by chapter with seat time)
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 PowerPoint (provides text-based lectures and presentations) nB nB nB nB nB




 Test Bank (contains assessment questions and problems)
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 Guide to Teaching Online (provides information about the key assets within the product
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and how to implement/facilitate use of the assets in synchronous and asynchronous
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teaching environments)
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 Accelerated Course Syllabus (provides guidance on the recommended delivery of course nB nB nB nB nB nB nB nB nB nB




materials given a 5-week, 8-week, 12-week, and 16-week course)
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 MindTap User Guide (provides information on how to navigate and use MindTap)
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Chapter Objectives nB




The following objectives are addressed in this chapter:
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1-1 Explain the concepts of international business and global business.
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nB 1-2 Give three reasons why it is important to study global business.
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1-3 Articulate one fundamental question and two core perspectives in the study of global
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business.
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1-4 Describe the importance of globalization, semiglobalization, and risk management.
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1-5 State the size of the global economy and its broad trends and understand your likely
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bias in the globalization debate.
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1-6 Participate in three leading debates concerning global business. nB nB nB nB nB nB nB




nB 1-7 Draw implications for action. nB nB nB




4 © 2023 Cengage. All Rights Reserved. May not be scanned, copied or duplicated, or posted
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to
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