Test Bank for International Business, 3rd Edition by J. Michael Geringer, Jeanne M. McNett & Donald A. Ball | Questions and Answers | Chapters 1–15

TEST BANK
International Business, 3rd Edition
by Michael Geringer, Jeanne McNett. Chapter 1 - 15

,TABLE OF CONTENTS
module 1 The Challenging Context of International Business

module 2 International Trade and Investment

module 3 Sociocultural Forces

module 4 Sustainability and Natural Resources

module 5 Political Forces That Affect Global Trade

module 6 Intellectual Property Rights and Other Legal Forces

module 7 Economic and Socioeconomic Forces

module 8 The International Monetary System and Financial Forces

module 9 International Competitive Strategy

module 10 Organizational Design and Control

module 11 Global Leadership Issues and Practices

module 12 International Markets: Assessment and Entry Modes

module 13 Marketing Internationally

module 14 Managing Human Resources in an International Context

module 15 International Accounting and Financial Management

,Chapter 1
Answers are at the end of Each Chapter
Student name:

1) Discuss the three environments in which an international company operates.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic
business. Topic : Why Study International Business
Bloom's :
Understand
Difficulty : 2
Medium Gradable :
manual


2) Identify and give an example of each of the five major kinds of drivers
that are leading international firms to the globalization of their operations.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible Bloom's : Understand
Difficulty : 2 Medium
Topic : Drivers of Globalization
Learning Objective : 01-04 Identify the kinds of drivers that are leading firms to
internationalize t Gradable : manual




3) Discuss the arguments supporting and opposing globalization of trade and
investment. Do you think globalization is, overall, a positive development or a
negative one for the world? Explain.

, Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible Bloom's : Understand
Difficulty : 2 Medium
Topic : What Is Globalization?
Learning Objective : 01-05 Compare the key arguments for and against the globalization of
business. Gradable : manual


4) The operations of a company outside its home or domestic market are
known as
business.
4)


Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic
business. Topic : Why Study International Business
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic


5) A(n) company is a company with operations in
multiple nations. 5)
Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader
Compatible
Learning Objective : 01-01 Show how international business differs from domestic
business. Topic : Why Study International Business
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic


6) The term refers to all the forces influencing the life and
development of the firm.