Test Bank for Global Business 5th Edition by Mike W. Peng | Complete Questions & Answers Guide A+

Test Bank For:
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Test Bank For Global Business 5th Edition Mike W
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Peng,With Correct Solutions.
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,TABLE OF CONTENTS v v v




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 v




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




REFERENCES: International Business and Global Business v v v v




QUESTION TYPE: True / False
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HAS VARIABLES:
v 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:v United States - AK - DISC: Creation of Value v v v v v v v v




KEYWORDS: Bloom's: Remember v




DATE CREATED:
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DATE MODIFIED:
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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 v




REFERENCES: Globalization and Semiglobalization v v




QUESTION TYPE: True / False
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HAS VARIABLES:
v 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:v United States - AK - DISC: Strategy v v v v v v




KEYWORDS: Bloom's: Remember v




DATE CREATED:
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DATE MODIFIED:
v 3/5/2022 11:24 AM v v




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

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




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




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




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




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 v




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




QUESTION TYPE: v True / False v v




HAS VARIABLES:
v 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:
v United States - AK - DISC: Environmental Influence v v v v v v v




KEYWORDS: Bloom's: Remember v




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




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




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




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




QUESTION TYPE: vTrue / False v v




HAS VARIABLES:
v 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:
v United States - AK - DISC: Environmental Influence v v v v v v v




KEYWORDS: Bloom's: Remember v




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




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




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