Test Bank for Global Business 5th Edition Questions and Answers | Latest Update 2026 Exam Prep | 100% Guarantee Pass | By Mike W. Peng

TESTBANKforGlobalBusiness5thEdition
ByPengMike.completeChapters1-17

,TABLEOFCONTENTS

1. Chapter 1: Introduction

2. Chapter 2: Formal Institutions: Politics, Laws, and Economics

3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms

4. Chapter 4: Resources and Capabilities

5. Chapter 5: International Trade

6. Chapter 6: Foreign DirectHInvestment

7. Chapter 7: Foreign Exchange

8. Chapter 8: Global and Regional Integration

9. Chapter 9: The Entrepreneurial Firm

10. Chapter 10: Foreign Market Entry

11. Chapter 11: Global Competitive Dynamics

12. Chapter 12: Alliances and Acquisitions

13. Chapter 13: Strategy, Structure, and Innovation in Multinationals

14. Chapter 14: Marketing and Supply Chain Management

15. Chapter 15: Human Resource Management

16. Chapter 16: Corporate Finance and Governance

17. Chapter 17: Corporate Social Responsibility

,ChapterH1

1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlli
ng, andmanaging value-added activities in other countries.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: International Business and Global Business
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01 01 - LO: 01-01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Creation of Value
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM

2. Theterm―emerging markets‖ refers to the fastest-growing developingeconomies.
q



a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Globalization and Semiglobalization
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01 04 - LO: 01-04
NATIONAL STANDARDS: United States -
BUSPROG: Analytic STATE STANDARDS: United States -
AK - DISC: Strategy KEYWORDS:Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM

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

, REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM

4. The majority of the global GDP is contributed by the emerging markets.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01 05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM

5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and servic
es differentcurrencies can purchase.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01 05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM

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