TEST BANK
All Chapters Included
1
Copyright © 2015 Pearson Education, Inc.
, Table of Contents
PART 1: BACKGROUND FOR INTERNATIONAL BUSINESS
1. Globalization and International Business
PART 2: COMPARATIVE ENVIRONMENTAL FRAMEWORKS
2. The Cultural Environments Facing Business
3. The Political and Legal Environments Facing Business
4. The Economic Environments Facing Businesses
5. Globalization and Society
PART 3: THEORIES AND INSTITUTIONS: TRADE AND
INVESTMENT
6. International Trade and Factor Mobility Theory
7. Governmental Influence on Trade
8. Cross-National Cooperation and Agreements
PART 4: WORLD FINANCIAL ENVIRONMENT
9. Global Foreign-Exchange Markets
10. The Determination of Exchange Rates
11. Global Capital Markets
PART 5: GLOBAL STRATEGY, STRUCTURE, AND
IMPLEMENTATION
2
Copyright © 2015 Pearson Education, Inc.
,12.The Strategy of International Business
13.Country Evaluation and Selection
14.Export and Import
15.Direct Investment and Collaborative Strategies
16.The Organization of International Business
PART 6: MANAGING INTERNATIONAL OPERATIONS
17.Marketing Globally
18. Global Operations and Supply-Chain Management
19.International Accounting and Finance Issues
20. International Human Resource Management
Chapter 1 Globalization and International Business
3
Copyright © 2015 Pearson Education, Inc.
, 1) The widening set of interdependent relationships among people from different
parts of theworld is known as .
A) globalization
B) offshoring
C) franchising
D) outsourcin
gANSWER:
A Diff: 1
Learning Outcome: Discuss trends in and the debate over
globalizationSkill: Concept
Objective: 2
AACSB: Diverse and multicultural work environments
2) Which of the following best defines international business?
A) It includes all economic flows between two or more countries.
B) It includes all private economic flows between two or more countries.
C) It includes all business transactions involving two or more countries.
D) It includes all business transactions in countries other than your home
country.ANSWER: C
Diff: 2
Learning Outcome: Define the fundamental concepts of international
businessSkill: Concept
Objective: 1
AACSB: Diverse and multicultural work environments
3) Which of the following is NOT a likely reason to study international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and competitive conditions
may causecompanies to alter their operating methods from country to country.
C) Business conducted outside the limits of any one country is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive resources by
operatinginternationally.
4
Copyright © 2015 Pearson Education, Inc.
All Chapters Included
1
Copyright © 2015 Pearson Education, Inc.
, Table of Contents
PART 1: BACKGROUND FOR INTERNATIONAL BUSINESS
1. Globalization and International Business
PART 2: COMPARATIVE ENVIRONMENTAL FRAMEWORKS
2. The Cultural Environments Facing Business
3. The Political and Legal Environments Facing Business
4. The Economic Environments Facing Businesses
5. Globalization and Society
PART 3: THEORIES AND INSTITUTIONS: TRADE AND
INVESTMENT
6. International Trade and Factor Mobility Theory
7. Governmental Influence on Trade
8. Cross-National Cooperation and Agreements
PART 4: WORLD FINANCIAL ENVIRONMENT
9. Global Foreign-Exchange Markets
10. The Determination of Exchange Rates
11. Global Capital Markets
PART 5: GLOBAL STRATEGY, STRUCTURE, AND
IMPLEMENTATION
2
Copyright © 2015 Pearson Education, Inc.
,12.The Strategy of International Business
13.Country Evaluation and Selection
14.Export and Import
15.Direct Investment and Collaborative Strategies
16.The Organization of International Business
PART 6: MANAGING INTERNATIONAL OPERATIONS
17.Marketing Globally
18. Global Operations and Supply-Chain Management
19.International Accounting and Finance Issues
20. International Human Resource Management
Chapter 1 Globalization and International Business
3
Copyright © 2015 Pearson Education, Inc.
, 1) The widening set of interdependent relationships among people from different
parts of theworld is known as .
A) globalization
B) offshoring
C) franchising
D) outsourcin
gANSWER:
A Diff: 1
Learning Outcome: Discuss trends in and the debate over
globalizationSkill: Concept
Objective: 2
AACSB: Diverse and multicultural work environments
2) Which of the following best defines international business?
A) It includes all economic flows between two or more countries.
B) It includes all private economic flows between two or more countries.
C) It includes all business transactions involving two or more countries.
D) It includes all business transactions in countries other than your home
country.ANSWER: C
Diff: 2
Learning Outcome: Define the fundamental concepts of international
businessSkill: Concept
Objective: 1
AACSB: Diverse and multicultural work environments
3) Which of the following is NOT a likely reason to study international business?
A) Global events affect almost all companies.
B) Differences among countries in physical, social, and competitive conditions
may causecompanies to alter their operating methods from country to country.
C) Business conducted outside the limits of any one country is inexplicably on the decline.
D) Firms may be better able to obtain better or less expensive resources by
operatinginternationally.
4
Copyright © 2015 Pearson Education, Inc.
