TEST BANK for Global Business 5th Edition by Peng Mike. Complete Chapters 1-17

TEST BANK for Global Business 5th Edition
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by Peng Mike. Complete Chapters 1 - 17
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,TABLE OF CONTENTS g g g




1. Chapter 1: Introduction
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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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17. Chapter 17: Corporate Social Responsibility
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,Chapter 1 g




1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling,
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andmanaging value-added activities in other countries.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g


REFERENCES: International Business and Global Business g g g g


QUESTION TYPE: True / False
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HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: g United States - AK - DISC: Creation of Value g g g g g g g g


KEYWORDS: Bloom's: Remember g


DATE CREATED: g 11/12/2021 2:54 PM g g


DATE MODIFIED: g 3/5/2022 11:24 AM g g




2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g


REFERENCES: Globalization and Semiglobalization g g


QUESTION TYPE: True / False
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HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: g United States - AK - DISC: Strategy g g g g g g


KEYWORDS: Bloom's: Remember g


DATE CREATED: g 11/12/2021 2:54 PM g g


DATE MODIFIED: g 3/5/2022 11:24 AM g g




3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating
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inan economy.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate g

, REFERENCES: Global Business and Globalization at a Crossroads
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QUESTION TYPE: g True / False
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HAS VARIABLES:
g False
LEARNING OBJECTIVES:g GLOB.PENG.05.01-05 - LO: 01-05 g g g


NATIONAL STANDARDS: g United States - BUSPROG: Analytic
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STATE STANDARDS:
g United States - AK - DISC: Environmental Influence
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KEYWORDS: Bloom's: Remember g


DATE CREATED:
g 11/12/2021 2:54 PM g g


DATE MODIFIED:
g 3/5/2022 11:24 AM g g




4. The majority of the global GDP is contributed by the emerging markets.
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a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate g


REFERENCES: Global Business and Globalization at a Crossroads g g g g g g


QUESTION TYPE: g True / False g g


HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS:
g United States - AK - DISC: Environmental Influence g g g g g g g


KEYWORDS: Bloom's: Remember g


DATE CREATED:
g 11/12/2021 2:54 PM g g


DATE MODIFIED:
g 3/5/2022 11:24 AM g g




5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
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differentcurrencies can purchase.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g


REFERENCES: Global Business and Globalization at a Crossroads g g g g g g


QUESTION TYPE: g True / False g g


HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS:
g United States - AK - DISC: Environmental Influence g g g g g g g


KEYWORDS: Bloom's: Remember g


DATE CREATED:
g 11/12/2021 2:54 PM g g


DATE MODIFIED:
g 3/5/2022 11:24 AM g g




6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
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governmentsoperating in an economy.
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a. True