TEST BANK For Global Business Today,
b b b b b b
12th Edition By Charles Hill Chapters 1 - 17
b b b b b b b b
,Chapter bOne bGlobalization b
PART bTWO bNational bDifferences
Chapter bTwo bNational bDifferences bin bPolitical, bEconomic, band bLegal bSystems b
Chapter bThree bNational bDifferences bin bEconomic bDevelopment b
Chapter bFour bDifferences bin bCulture b
Chapter bFive bEthics, bCorporate bSocial bResponsibility, band bSustainability b
PART bTHREE bThe bGlobal bTrade band bInvestment bEnvironment
Chapter bSix bInternational bTrade bTheory b
Chapter bSeven bGovernment bPolicy band bInternational bTrade b
Chapter bEight bForeign bDirect bInvestment b
Chapter bNine bRegional bEconomic bIntegration b
PART bFOUR bThe bGlobal bMonetary bSystem
Chapter bTen bThe bForeign bExchange bMarket b
Chapter bEleven bThe bInternational bMonetary bSystem b
PART bFIVE bThe bStrategy bof bInternational bBusiness
Chapter bTwelve bThe bStrategy bof bInternational bBusiness b
Chapter bThirteen bEntering bDeveloped band bEmerging bMarkets b
PART bSIX bInternational bBusiness bFunctions
Chapter bFourteen bExporting, bImporting, band bCountertrade b
Chapter bFifteen bGlobal bProduction band bSupply bChain bManagement b
Chapter bSixteen bGlobal bMarketing band bBusiness bAnalytics b
Chapter bSeventeen bGlobal bHuman bResource bManagement b b
,Answers bare bat bthe bend bof beach bchapter
Chapter b01
GlobalizationbTrue b/
b
False bQuestions
b
1. As ba bresult bof bglobalization, bwe bhave bbeen bmoving btoward ba bworld bin bwhich bnational
beconomiesbare brelatively bself-contained bentities.
True False
2. By boffering bthe bsame bbasic bproduct bworldwide, bfirms bhelp bto bcreate ba bglobal
market.bTrue False
b
3. A bcompany bhas bto bbe bthe bsize bof ba bmultinational bgiant bto bfacilitate, band bbenefit
bfrom, bthebglobalization bof bmarkets.
True False
4. As ba bresult bof bglobalization, bcompanies brarely bneed bto bcustomize bmarketing bstrategies,
bproductbfeatures, band boperating bpractices bin bdifferent bcountries.
True False
5. Globalization bhas bresulted bin bgreater buniformity breplacing bdiversity bacross bnational
markets.bTrue False
b
6. As bfirms bfollow beach bother baround bthe bworld, bthey bbring bwith bthem bmany bof bthe bassets
bthatbserved bthem bwell bin bother bnational bmarkets. bThus, bgreater bdiversity breplaces buniformity.
True False
7. Substantial bimpediments, bsuch bas bbarriers bto bforeign bdirect binvestment, bmake bit bdifficult bfor
bfirmsbto bachieve bthe boptimal bdispersion bof btheir bproductive bactivities bto blocations baround bthe bglobe.
True False
8. The bWorld bTrade bOrganization, bthe bInternational bMonetary bFund band bits bsister binstitution
bthebWorld bBank, band bthe bUnited bNations bwere ball bcreated bby bvoluntary bagreement bbetween
bindividual bnation- bstates.
True False
, 9. The bInternational bMonetary bFund band bthe bWorld bBank bwere bboth bcreated bin b1944 bby b44
bnationsbthat bmet bat bBretton bWoods, bNew bHampshire.
True False
10. The bWTO bis bseen bas bthe blender bof blast bresort bto bnation-states bwhose beconomies bare bin
bturmoilband bwhose bcurrencies bare blosing bvalue bagainst bthose bof bother bnations.
True False
11. The bIMF bis bless bcontroversial bthan bits bsister binstitution, bthe bWorld
Bank.bTrue
b False
12. In breturn bfor bloans, bthe bIMF brequires bnation-states bto badopt bspecific beconomic bpolicies
baimed batbreturning btheir btroubled beconomies bto bstability band bgrowth.
True False
13. Foreign bdirect binvestment b(FDI) boccurs bwhen ba bfirm binvests bresources bin bbusiness
bactivitiesboutside bits bhome bcountry.
True False
14. After bWorld bWar bII, bthe badvanced bnations bof bthe bWest bcommitted bthemselves bto
bincreasingbbarriers bto bthe bfree bflow bof bgoods, bservices, band bcapital bbetween bnations.
True False
15. The bUruguay bRound, bheld bunder bthe bumbrella bof bGATT, bextended bGATT bto bcover bservices bas
bwellbas bmanufactured bgoods.
True False
16. The blowering bof btrade band binvestment bbarriers ballows bfirms bto bbase bproduction bat bthe
boptimalblocation bfor bthat bactivity.
True False
17. As ba bresult bof binternational btrade, bthe beconomies bof bthe bworld’s bnation-states bare bbecoming
blessbintertwined.
True False
18. The bglobalization bof bmarkets band bproduction band bthe bresulting bgrowth bof bworld btrade,
bforeignbdirect binvestment, band bimports ball bimply bthat bfirms bare bfinding bit beasier bto bprotect
bthemselves bfrom
the battack bof bforeign bcompetitors.
b b b b b b
12th Edition By Charles Hill Chapters 1 - 17
b b b b b b b b
,Chapter bOne bGlobalization b
PART bTWO bNational bDifferences
Chapter bTwo bNational bDifferences bin bPolitical, bEconomic, band bLegal bSystems b
Chapter bThree bNational bDifferences bin bEconomic bDevelopment b
Chapter bFour bDifferences bin bCulture b
Chapter bFive bEthics, bCorporate bSocial bResponsibility, band bSustainability b
PART bTHREE bThe bGlobal bTrade band bInvestment bEnvironment
Chapter bSix bInternational bTrade bTheory b
Chapter bSeven bGovernment bPolicy band bInternational bTrade b
Chapter bEight bForeign bDirect bInvestment b
Chapter bNine bRegional bEconomic bIntegration b
PART bFOUR bThe bGlobal bMonetary bSystem
Chapter bTen bThe bForeign bExchange bMarket b
Chapter bEleven bThe bInternational bMonetary bSystem b
PART bFIVE bThe bStrategy bof bInternational bBusiness
Chapter bTwelve bThe bStrategy bof bInternational bBusiness b
Chapter bThirteen bEntering bDeveloped band bEmerging bMarkets b
PART bSIX bInternational bBusiness bFunctions
Chapter bFourteen bExporting, bImporting, band bCountertrade b
Chapter bFifteen bGlobal bProduction band bSupply bChain bManagement b
Chapter bSixteen bGlobal bMarketing band bBusiness bAnalytics b
Chapter bSeventeen bGlobal bHuman bResource bManagement b b
,Answers bare bat bthe bend bof beach bchapter
Chapter b01
GlobalizationbTrue b/
b
False bQuestions
b
1. As ba bresult bof bglobalization, bwe bhave bbeen bmoving btoward ba bworld bin bwhich bnational
beconomiesbare brelatively bself-contained bentities.
True False
2. By boffering bthe bsame bbasic bproduct bworldwide, bfirms bhelp bto bcreate ba bglobal
market.bTrue False
b
3. A bcompany bhas bto bbe bthe bsize bof ba bmultinational bgiant bto bfacilitate, band bbenefit
bfrom, bthebglobalization bof bmarkets.
True False
4. As ba bresult bof bglobalization, bcompanies brarely bneed bto bcustomize bmarketing bstrategies,
bproductbfeatures, band boperating bpractices bin bdifferent bcountries.
True False
5. Globalization bhas bresulted bin bgreater buniformity breplacing bdiversity bacross bnational
markets.bTrue False
b
6. As bfirms bfollow beach bother baround bthe bworld, bthey bbring bwith bthem bmany bof bthe bassets
bthatbserved bthem bwell bin bother bnational bmarkets. bThus, bgreater bdiversity breplaces buniformity.
True False
7. Substantial bimpediments, bsuch bas bbarriers bto bforeign bdirect binvestment, bmake bit bdifficult bfor
bfirmsbto bachieve bthe boptimal bdispersion bof btheir bproductive bactivities bto blocations baround bthe bglobe.
True False
8. The bWorld bTrade bOrganization, bthe bInternational bMonetary bFund band bits bsister binstitution
bthebWorld bBank, band bthe bUnited bNations bwere ball bcreated bby bvoluntary bagreement bbetween
bindividual bnation- bstates.
True False
, 9. The bInternational bMonetary bFund band bthe bWorld bBank bwere bboth bcreated bin b1944 bby b44
bnationsbthat bmet bat bBretton bWoods, bNew bHampshire.
True False
10. The bWTO bis bseen bas bthe blender bof blast bresort bto bnation-states bwhose beconomies bare bin
bturmoilband bwhose bcurrencies bare blosing bvalue bagainst bthose bof bother bnations.
True False
11. The bIMF bis bless bcontroversial bthan bits bsister binstitution, bthe bWorld
Bank.bTrue
b False
12. In breturn bfor bloans, bthe bIMF brequires bnation-states bto badopt bspecific beconomic bpolicies
baimed batbreturning btheir btroubled beconomies bto bstability band bgrowth.
True False
13. Foreign bdirect binvestment b(FDI) boccurs bwhen ba bfirm binvests bresources bin bbusiness
bactivitiesboutside bits bhome bcountry.
True False
14. After bWorld bWar bII, bthe badvanced bnations bof bthe bWest bcommitted bthemselves bto
bincreasingbbarriers bto bthe bfree bflow bof bgoods, bservices, band bcapital bbetween bnations.
True False
15. The bUruguay bRound, bheld bunder bthe bumbrella bof bGATT, bextended bGATT bto bcover bservices bas
bwellbas bmanufactured bgoods.
True False
16. The blowering bof btrade band binvestment bbarriers ballows bfirms bto bbase bproduction bat bthe
boptimalblocation bfor bthat bactivity.
True False
17. As ba bresult bof binternational btrade, bthe beconomies bof bthe bworld’s bnation-states bare bbecoming
blessbintertwined.
True False
18. The bglobalization bof bmarkets band bproduction band bthe bresulting bgrowth bof bworld btrade,
bforeignbdirect binvestment, band bimports ball bimply bthat bfirms bare bfinding bit beasier bto bprotect
bthemselves bfrom
the battack bof bforeign bcompetitors.
