TEST BANK For Global Business Today,
12th Edition By Charles Hill Chapters 1 - 17
,ChapteroOneoGlobalization
PARToTWOoNationaloDifferences
ChapteroTwooNationaloDifferencesoinoPolitical,oEconomic,oandoLegaloSystems
ChapteroThreeoNationaloDifferencesoinoEconomicoDevelopment
ChapteroFouroDifferencesoinoCulture
ChapteroFiveoEthics,oCorporateoSocialoResponsibility,oandoSustainability
PARToTHREEoTheoGlobaloTradeoandoInvestmentoEnvironment
ChapteroSixoInternationaloTradeoTheory
ChapteroSevenoGovernmentoPolicyoandoInternationaloTrade
ChapteroEightoForeignoDirectoInvestment
ChapteroNineoRegionaloEconomicoIntegration
PARToFOURoTheoGlobaloMonetaryoSystem
ChapteroTenoTheoForeignoExchangeoMarket
ChapteroElevenoTheoInternationaloMonetaryoSystem
PARToFIVEoTheoStrategyoofoInternationaloBusiness
ChapteroTwelveoTheoStrategyoofoInternationaloBusiness
ChapteroThirteenoEnteringoDevelopedoandoEmergingoMarkets
PARToSIXoInternationaloBusinessoFunctions
ChapteroFourteenoExporting,oImporting,oandoCountertrade
ChapteroFifteenoGlobaloProductionoandoSupplyoChainoManagement
ChapteroSixteenoGlobaloMarketingoandoBusinessoAnalytics
ChapteroSeventeenoGlobaloHumanoResourceoManagement
,Answersoareoatotheoendoofoeachochapter
Chaptero01oGlobalization
Trueo/oFalseoQuestions
1. Asoaoresultoofoglobalization,oweohaveobeenomovingotowardoaoworldoinowhichonationaloeconomie
soareorelativelyoself-containedoentities.
True False
2. Byoofferingotheosameobasicoproductoworldwide,ofirmsohelpotoocreateoaoglobalomarket.
True
o False
3. Aocompanyohasotoobeotheosizeoofoaomultinationalogiantotoofacilitate,oandobenefitofrom,othe
oglobalizationoofomarkets.
True False
4. Asoaoresultoofoglobalization,ocompaniesorarelyoneedotoocustomizeomarketingostrategies,oproduct
ofeatures,oandooperatingopracticesoinodifferentocountries.
True False
5. Globalizationohasoresultedoinogreaterouniformityoreplacingodiversityoacrossonationalomarkets.
True
o False
6. Asofirmsofollowoeachootheroaroundotheoworld,otheyobringowithothemomanyoofotheoassetsothat
oservedothemowelloinootheronationalomarkets.oThus,ogreaterodiversityoreplacesouniformity.
True False
7. Substantialoimpediments,osuchoasobarriersotooforeignodirectoinvestment,omakeoitodifficultoforofirms
otooachieveotheooptimalodispersionoofotheiroproductiveoactivitiesotoolocationsoaroundotheoglobe.
True False
8. TheoWorldoTradeoOrganization,otheoInternationaloMonetaryoFundoandoitsosisteroinstitutionothe
oWorldoBank,oandotheoUnitedoNationsowereoallocreatedobyovoluntaryoagreementobetweenoindividualon
ation-ostates.
True False
, 9. TheoInternationaloMonetaryoFundoandotheoWorldoBankowereobothocreatedoino1944obyo44onation
sothatometoatoBrettonoWoods,oNewoHampshire.
True False
10. TheoPWTOoPisoPseenoPasoPtheoPlenderoPofoPlastoPresortoPtooPnation-
statesoPwhoseoPeconomiesoPareoPinoPturmoilPandoPwhoseoPcurrenciesoPareoPlosingoPvalueoPagainstoP
thoseoPofoPotheroPnations.
True False
11. TheoPIMFoPisoPlessoPcontroversialoPthanoPitsoPsisteroPinstitution,oPth
eoPWorldoPBank.PTrue False
12. InoPreturnoPforoPloans,oPtheoPIMFoPrequiresoPnation-
statesoPtooPadoptoPspecificoPeconomicoPpoliciesoPaimedoPatPreturningoPtheiroPtroubledoPeconomiesoPtooPst
abilityoPandoPgrowth.
True False
13. ForeignoPdirectoPinvestmentoP(FDI)oPoccursoPwhenoPaoPfirmoPinvestsoPresourcesoPinoPbusines
soPactivitiesPoutsideoPitsoPhomeoPcountry.
True False
14. AfteroPWorldoPWaroPII,oPtheoPadvancedoPnationsoPofoPtheoPWestoPcommittedoPthemselvesoPto
oPincreasingPbarriersoPtooPtheoPfreeoPflowoPofoPgoods,oPservices,oPandoPcapitaloPbetweenoPnations.
True False
15. TheoPUruguayoPRound,oPheldoPunderoPtheoPumbrellaoPofoPGATT,oPextendedoPGATToPtooPcove
roPservicesoPasoPwellPasoPmanufacturedoPgoods.
True False
16. TheoPloweringoPofoPtradeoPandoPinvestmentoPbarriersoPallowsoPfirmsoPtooPbaseoPproductionoPa
toPtheoPoptimalPlocationoPforoPthatoPactivity.
True False
17. AsoPaoPresultoPofoPinternationaloPtrade,oPtheoPeconomiesoPofoPtheoPworld’soPnation-
statesoPareoPbecomingoPlessPintertwined.
True False
18. TheoPglobalizationoPofoPmarketsoPandoPproductionoPandoPtheoPresultingoPgrowthoPofoPworld
oPtrade,oPforeignPdirectoPinvestment,oPandoPimportsoPalloPimplyoPthatoPfirmsoPareoPfindingoPitoPeasieroPt
ooPprotectoPthemselvesoPfrom
theoPattackoPofoPforeignoPcompetitors.
12th Edition By Charles Hill Chapters 1 - 17
,ChapteroOneoGlobalization
PARToTWOoNationaloDifferences
ChapteroTwooNationaloDifferencesoinoPolitical,oEconomic,oandoLegaloSystems
ChapteroThreeoNationaloDifferencesoinoEconomicoDevelopment
ChapteroFouroDifferencesoinoCulture
ChapteroFiveoEthics,oCorporateoSocialoResponsibility,oandoSustainability
PARToTHREEoTheoGlobaloTradeoandoInvestmentoEnvironment
ChapteroSixoInternationaloTradeoTheory
ChapteroSevenoGovernmentoPolicyoandoInternationaloTrade
ChapteroEightoForeignoDirectoInvestment
ChapteroNineoRegionaloEconomicoIntegration
PARToFOURoTheoGlobaloMonetaryoSystem
ChapteroTenoTheoForeignoExchangeoMarket
ChapteroElevenoTheoInternationaloMonetaryoSystem
PARToFIVEoTheoStrategyoofoInternationaloBusiness
ChapteroTwelveoTheoStrategyoofoInternationaloBusiness
ChapteroThirteenoEnteringoDevelopedoandoEmergingoMarkets
PARToSIXoInternationaloBusinessoFunctions
ChapteroFourteenoExporting,oImporting,oandoCountertrade
ChapteroFifteenoGlobaloProductionoandoSupplyoChainoManagement
ChapteroSixteenoGlobaloMarketingoandoBusinessoAnalytics
ChapteroSeventeenoGlobaloHumanoResourceoManagement
,Answersoareoatotheoendoofoeachochapter
Chaptero01oGlobalization
Trueo/oFalseoQuestions
1. Asoaoresultoofoglobalization,oweohaveobeenomovingotowardoaoworldoinowhichonationaloeconomie
soareorelativelyoself-containedoentities.
True False
2. Byoofferingotheosameobasicoproductoworldwide,ofirmsohelpotoocreateoaoglobalomarket.
True
o False
3. Aocompanyohasotoobeotheosizeoofoaomultinationalogiantotoofacilitate,oandobenefitofrom,othe
oglobalizationoofomarkets.
True False
4. Asoaoresultoofoglobalization,ocompaniesorarelyoneedotoocustomizeomarketingostrategies,oproduct
ofeatures,oandooperatingopracticesoinodifferentocountries.
True False
5. Globalizationohasoresultedoinogreaterouniformityoreplacingodiversityoacrossonationalomarkets.
True
o False
6. Asofirmsofollowoeachootheroaroundotheoworld,otheyobringowithothemomanyoofotheoassetsothat
oservedothemowelloinootheronationalomarkets.oThus,ogreaterodiversityoreplacesouniformity.
True False
7. Substantialoimpediments,osuchoasobarriersotooforeignodirectoinvestment,omakeoitodifficultoforofirms
otooachieveotheooptimalodispersionoofotheiroproductiveoactivitiesotoolocationsoaroundotheoglobe.
True False
8. TheoWorldoTradeoOrganization,otheoInternationaloMonetaryoFundoandoitsosisteroinstitutionothe
oWorldoBank,oandotheoUnitedoNationsowereoallocreatedobyovoluntaryoagreementobetweenoindividualon
ation-ostates.
True False
, 9. TheoInternationaloMonetaryoFundoandotheoWorldoBankowereobothocreatedoino1944obyo44onation
sothatometoatoBrettonoWoods,oNewoHampshire.
True False
10. TheoPWTOoPisoPseenoPasoPtheoPlenderoPofoPlastoPresortoPtooPnation-
statesoPwhoseoPeconomiesoPareoPinoPturmoilPandoPwhoseoPcurrenciesoPareoPlosingoPvalueoPagainstoP
thoseoPofoPotheroPnations.
True False
11. TheoPIMFoPisoPlessoPcontroversialoPthanoPitsoPsisteroPinstitution,oPth
eoPWorldoPBank.PTrue False
12. InoPreturnoPforoPloans,oPtheoPIMFoPrequiresoPnation-
statesoPtooPadoptoPspecificoPeconomicoPpoliciesoPaimedoPatPreturningoPtheiroPtroubledoPeconomiesoPtooPst
abilityoPandoPgrowth.
True False
13. ForeignoPdirectoPinvestmentoP(FDI)oPoccursoPwhenoPaoPfirmoPinvestsoPresourcesoPinoPbusines
soPactivitiesPoutsideoPitsoPhomeoPcountry.
True False
14. AfteroPWorldoPWaroPII,oPtheoPadvancedoPnationsoPofoPtheoPWestoPcommittedoPthemselvesoPto
oPincreasingPbarriersoPtooPtheoPfreeoPflowoPofoPgoods,oPservices,oPandoPcapitaloPbetweenoPnations.
True False
15. TheoPUruguayoPRound,oPheldoPunderoPtheoPumbrellaoPofoPGATT,oPextendedoPGATToPtooPcove
roPservicesoPasoPwellPasoPmanufacturedoPgoods.
True False
16. TheoPloweringoPofoPtradeoPandoPinvestmentoPbarriersoPallowsoPfirmsoPtooPbaseoPproductionoPa
toPtheoPoptimalPlocationoPforoPthatoPactivity.
True False
17. AsoPaoPresultoPofoPinternationaloPtrade,oPtheoPeconomiesoPofoPtheoPworld’soPnation-
statesoPareoPbecomingoPlessPintertwined.
True False
18. TheoPglobalizationoPofoPmarketsoPandoPproductionoPandoPtheoPresultingoPgrowthoPofoPworld
oPtrade,oPforeignPdirectoPinvestment,oPandoPimportsoPalloPimplyoPthatoPfirmsoPareoPfindingoPitoPeasieroPt
ooPprotectoPthemselvesoPfrom
theoPattackoPofoPforeignoPcompetitors.
