TEST BANK FOR INTRODUCTION TO GLOBAL
BUSINESS: UNDERSTANDING THE
INTERNATIONAL ENVIRONMENT & GLOBAL
BUSINESS 1ST EDITION BY JULIAN GASPAR
COMPLETE CHAPTERS 1-15 WITH 100% EXPERT
VERIFIED Q&AS| A+ PASS LATEST UPDATE
2025/2026
Page | 1
,TABLE OF CONTENT
1. The Rise Of Globalization.
2. The Evolution Of International Business.
3. Regional Economic Integration.
4. The International Flow Of Funds And Exchange
Rates.
5. The Cultural Environment Of Global Business.
6. The Legal, Economic And Political Environment Of
Global Business.
7. Corruption And Ethics In Global Business.
8. Entry Strategies In Global Business.
9. Control Of Global Business.
10. The Organization Of Global Business.
11. Global Human Resource Management.
12. Global Marketing.
13. Global Operations And Supply-Chain Management.
14. Global Financial Management.
15. Global Accounting And Taxation.
Page | 2
, Chapter 1: The Rise Of Globalization TRUE/FALSE
1. With Business Becoming Increasingly Global, Its Success, Fortunately, Depends Only On The Domestic
Environment.
ANS: F PTS: 1 DIF: Difficulty: Moderate REF: P. 4 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Comprehension
2. Even Though Business Is Global, The Credit Crisis Of 2008, Started By An American Investment Bank, Was
Limited To The American Economy With Fortunately No Impact On The Global Economy.
ANS: F PTS: 1 DIF: Difficulty: Challenging REF: P. 3 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
3. Key Aspects Of Globalization Include The Elimination Of Barriers To Trade And Information Technology.
ANS: T PTS: 1 DIF: Difficulty: Moderate REF: P. 5 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
4. So Far Globalization Has Made It Possible For Goods, Services, And Capital, To Cross National Borders
But Not Technology And Culture.
ANS: F PTS: 1 DIF: Difficulty: Moderate REF: P. 5 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
5. The ,Soft‖ Qualities Essential To Globalization Include Openness, Protectionism, Accountability,
Connectivity, Democracy, And Centralization.
ANS: F PTS: 1 DIF: Difficulty: Challenging REF: P. 6 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
Page | 3
, 6. A Sustainable Decoupling Process Would Eventually Lead To A Multi-Polar World*A World Economy In
Which The Engines Of Growth Could Comprise The United States, The European Union, China, India, Brazil,
Russia, And South Africa Rather Than The United States Alone.
ANS: T PTS: 1 DIF: Difficulty: Challenging REF: P. 9 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
7. The Openness And Proliferation Of Globalization And Free Trade Rules Can Best Be Attributed To
The Interwar Period Between World War I And II.
ANS: F PTS: 1 DIF: Difficulty: Challenging REF: P. 10 OBJ:
LO: 01-02 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
8. As Part Of The World Bank’s Strategic Framework, There Are Five Focus Areas That Accommodate And
Facilitate The Globalization Process Including Its Analytical And Advisory Role Supporting National Policies
To Strengthen Free Market Institutions And Infrastructure That Has Provided The Potential For Creating
Large Gains From Trade.
ANS: T PTS: 1 DIF: Difficulty: Challenging REF: P. 12 OBJ:
LO: 01-02 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Evaluation
9. For World Trade Organization, Increasing Trade Barriers Has Been One Of The Most Simplistic Ways To
Encourage Trade And Globalization.
ANS: F PTS: 1 DIF: Difficulty: Moderate REF: P. 13 OBJ:
LO: 01-02 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Comprehension
10. The Foundations Of The Globalized Business World Are Political*And So Are The Biggest Threats To
The System.
ANS: T PTS: 1 DIF: Difficulty: Challenging REF: P. 15 OBJ:
Page | 4
BUSINESS: UNDERSTANDING THE
INTERNATIONAL ENVIRONMENT & GLOBAL
BUSINESS 1ST EDITION BY JULIAN GASPAR
COMPLETE CHAPTERS 1-15 WITH 100% EXPERT
VERIFIED Q&AS| A+ PASS LATEST UPDATE
2025/2026
Page | 1
,TABLE OF CONTENT
1. The Rise Of Globalization.
2. The Evolution Of International Business.
3. Regional Economic Integration.
4. The International Flow Of Funds And Exchange
Rates.
5. The Cultural Environment Of Global Business.
6. The Legal, Economic And Political Environment Of
Global Business.
7. Corruption And Ethics In Global Business.
8. Entry Strategies In Global Business.
9. Control Of Global Business.
10. The Organization Of Global Business.
11. Global Human Resource Management.
12. Global Marketing.
13. Global Operations And Supply-Chain Management.
14. Global Financial Management.
15. Global Accounting And Taxation.
Page | 2
, Chapter 1: The Rise Of Globalization TRUE/FALSE
1. With Business Becoming Increasingly Global, Its Success, Fortunately, Depends Only On The Domestic
Environment.
ANS: F PTS: 1 DIF: Difficulty: Moderate REF: P. 4 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Comprehension
2. Even Though Business Is Global, The Credit Crisis Of 2008, Started By An American Investment Bank, Was
Limited To The American Economy With Fortunately No Impact On The Global Economy.
ANS: F PTS: 1 DIF: Difficulty: Challenging REF: P. 3 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
3. Key Aspects Of Globalization Include The Elimination Of Barriers To Trade And Information Technology.
ANS: T PTS: 1 DIF: Difficulty: Moderate REF: P. 5 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
4. So Far Globalization Has Made It Possible For Goods, Services, And Capital, To Cross National Borders
But Not Technology And Culture.
ANS: F PTS: 1 DIF: Difficulty: Moderate REF: P. 5 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
5. The ,Soft‖ Qualities Essential To Globalization Include Openness, Protectionism, Accountability,
Connectivity, Democracy, And Centralization.
ANS: F PTS: 1 DIF: Difficulty: Challenging REF: P. 6 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
Page | 3
, 6. A Sustainable Decoupling Process Would Eventually Lead To A Multi-Polar World*A World Economy In
Which The Engines Of Growth Could Comprise The United States, The European Union, China, India, Brazil,
Russia, And South Africa Rather Than The United States Alone.
ANS: T PTS: 1 DIF: Difficulty: Challenging REF: P. 9 OBJ:
LO: 01-01 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
7. The Openness And Proliferation Of Globalization And Free Trade Rules Can Best Be Attributed To
The Interwar Period Between World War I And II.
ANS: F PTS: 1 DIF: Difficulty: Challenging REF: P. 10 OBJ:
LO: 01-02 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Analysis
8. As Part Of The World Bank’s Strategic Framework, There Are Five Focus Areas That Accommodate And
Facilitate The Globalization Process Including Its Analytical And Advisory Role Supporting National Policies
To Strengthen Free Market Institutions And Infrastructure That Has Provided The Potential For Creating
Large Gains From Trade.
ANS: T PTS: 1 DIF: Difficulty: Challenging REF: P. 12 OBJ:
LO: 01-02 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Evaluation
9. For World Trade Organization, Increasing Trade Barriers Has Been One Of The Most Simplistic Ways To
Encourage Trade And Globalization.
ANS: F PTS: 1 DIF: Difficulty: Moderate REF: P. 13 OBJ:
LO: 01-02 NAT: BUSPROG: Analytic
STA: DISC: Environmental Influence KEY: Bloom's: Comprehension
10. The Foundations Of The Globalized Business World Are Political*And So Are The Biggest Threats To
The System.
ANS: T PTS: 1 DIF: Difficulty: Challenging REF: P. 15 OBJ:
Page | 4
