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Global Business, 5th Edition Test Bank | Mike W. Peng | Complete Chapters 1–17 Exam Prep

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This complete Test Bank for Global Business, 5th Edition provides comprehensive practice questions covering Chapters 1–17, including globalization, international trade, foreign direct investment, international monetary systems, global strategy, cross-cultural management, political and legal environments, ethics and corporate social responsibility, international entrepreneurship, regional economic integration, emerging markets, global innovation, international marketing, global supply chains, and multinational business operations. The material emphasizes strategic thinking, international market analysis, and practical application of global business concepts through chapter-based exam questions. Designed for international business, business administration, management, marketing, economics, finance, MBA, commerce, and global strategy students, this resource supports coursework review, examination preparation, and the development of competencies in international business and global management. The content follows the official textbook organization and provides complete coverage of Chapters 1–17 of the 5th Edition.

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Global Business, 5th Edition
Complete Test Bank
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Trustedscholar

,Test Bank for
Global Business, 5th Edition Mike W. Peng
Chapter1-17

Chapter 1

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

2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
a. True
b. False
ANSWER: True
D ch
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Globalization and Semiglobalization
O o
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
C la
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Strategy
KEYWORDS: Bloom's: Remember
S
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 operating in
an economy.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate
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,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
N us
b. False
ANSWER: False
POINTS: 1
U
DIFFICULTY: Difficulty: Moderate
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
Tr
R ted
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
SE s
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 services different
D ch
currencies can purchase.
a. True
b. False
O o
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
C la
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
S
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, and governments
operating in an economy.
a. True
Copyright Cengage Learning. Powered by Cognero. Page 2
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, b. False
ANSWER: False
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
N us
DATE MODIFIED: 3/5/2022 11:24 AM

7. Global business includes both international and domestic business activities.
U
a. True
b. False
ANSWER: True
Tr
R ted
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: International Business and Global Business
SE s
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: Environmental Influence
D ch
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
O o
8. International business can be defined as the investment in, controlling, and managing value-added activities in other
countries.
a. True
C la
b. False
ANSWER: False
POINTS: 1
S
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: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM

Copyright Cengage Learning. Powered by Cognero. Page 3
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MIKE W. PENG Global Business

Edition:2022
ISBN:9780357716403
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Written in: 2025/2026
Type: Exam (elaborations)
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Global Business, 5th Edition Test Bank | Mike W. Peng | Complete Chapters 1–17 Exam Prep

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