Test Bank for For Global Business (5th Edition) by Peng Mike - Graded A+ Comprehensive Exam Prep

STUDY NOTES & REFERENCE GUIDE




TEST BANK FOR GLOBAL BUSINESS 5TH
EDITION BY PENG MIKE : ISBN-10;
035771640X / ISBN-13; 978-0357716403 ALL
CHAPTERS COVERED




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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
REFERENCES: International Business and Global
Business
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING GLOB.PENG.05.01-01 - LO: 01-01
OBJECTIVES:
NATIONAL United States - BUSPROG: Analytic
STANDARDS:
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. The term ―emerging markets‖ refers to the fastest-growing developing economies.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Globalization and
Semiglobalization
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING GLOB.PENG.05.01-04 - LO: 01-04
OBJECTIVES:
NATIONAL United States - BUSPROG:
STANDARDS: 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

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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
REFERENCES: Global Business and Globalization at a
Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING GLOB.PENG.05.01-05 - LO: 01-05
OBJECTIVES:
NATIONAL United States - BUSPROG: Analytic
STANDARDS:
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 GLOB.PENG.05.01-05 - LO: 01-05
OBJECTIVES:
NATIONAL United States - BUSPROG: Analytic
STANDARDS:
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 currencies can purchase.
a. True
b. False

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ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Global Business and Globalization at a
Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING GLOB.PENG.05.01-05 - LO: 01-05
OBJECTIVES:
NATIONAL United States - BUSPROG: Analytic
STANDARDS:
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




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