TEST BANK For Global Business Today, 12th Edition By Charles Hill, Verified Chapters 1 - 17, Complete Newest Version

TEST BANK For Global Business Today,
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12th Edition By Charles Hill Chapters 1 - 17
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,Chapter gOne gGlobalization g




PART gTWO gNational gDifferences
Chapter gTwo gNational gDifferences gin gPolitical, gEconomic, gand gLegal gSystems g
Chapter gThree gNational gDifferences gin gEconomic gDevelopment g
Chapter gFour gDifferences gin gCulture g
Chapter gFive gEthics, gCorporate gSocial gResponsibility, gand gSustainability g




PART gTHREE gThe gGlobal gTrade gand gInvestment gEnvironment
Chapter gSix gInternational gTrade gTheory g
Chapter gSeven gGovernment gPolicy gand gInternational gTrade g
Chapter gEight gForeign gDirect gInvestment g
Chapter gNine gRegional gEconomic gIntegration g




PART gFOUR gThe gGlobal gMonetary gSystem
Chapter gTen gThe gForeign gExchange gMarket g
Chapter gEleven gThe gInternational gMonetary gSystem g




PART gFIVE gThe gStrategy gof gInternational gBusiness
Chapter gTwelve gThe gStrategy gof gInternational gBusiness g
Chapter gThirteen gEntering gDeveloped gand gEmerging gMarkets g




PART gSIX gInternational gBusiness gFunctions
Chapter gFourteen gExporting, gImporting, gand gCountertrade g
Chapter gFifteen gGlobal gProduction gand gSupply gChain gManagement g
Chapter gSixteen gGlobal gMarketing gand gBusiness gAnalytics g
Chapter gSeventeen gGlobal gHuman gResource gManagement g g

,Answers gare gat gthe gend gof geach gchapter

Chapter g01

g GlobalizationgTrue g/

g False gQuestions

1. As ga gresult gof gglobalization, gwe ghave gbeen gmoving gtoward ga gworld gin gwhich gnational
geconomiesgare grelatively gself-contained gentities.




True False

2. By goffering gthe gsame gbasic gproduct gworldwide, gfirms ghelp gto gcreate ga gglobal

market.gTrue False
g



3. A gcompany ghas gto gbe gthe gsize gof ga gmultinational ggiant gto gfacilitate, gand gbenefit gfrom,
gthegglobalization gof gmarkets.




True False

4. As ga gresult gof gglobalization, gcompanies grarely gneed gto gcustomize gmarketing gstrategies,
gproductgfeatures, gand goperating gpractices gin gdifferent gcountries.




True False

5. Globalization ghas gresulted gin ggreater guniformity greplacing gdiversity gacross gnational

g markets.gTrue False

6. As gfirms gfollow geach gother garound gthe gworld, gthey gbring gwith gthem gmany gof gthe gassets
gthatgserved gthem gwell gin gother gnational gmarkets. gThus, ggreater gdiversity greplaces guniformity.




True False

7. Substantial gimpediments, gsuch gas gbarriers gto gforeign gdirect ginvestment, gmake git gdifficult gfor
gfirmsgto gachieve gthe goptimal gdispersion gof gtheir gproductive gactivities gto glocations garound gthe gglobe.




True False

8. The gWorld gTrade gOrganization, gthe gInternational gMonetary gFund gand gits gsister ginstitution
gthegWorld gBank, gand gthe gUnited gNations gwere gall gcreated gby gvoluntary gagreement gbetween


gindividual gnation- gstates.




True False

, 9. The gInternational gMonetary gFund gand gthe gWorld gBank gwere gboth gcreated gin g1944 gby g44
gnationsgthat gmet gat gBretton gWoods, gNew gHampshire.




True False

10. The gWTO gis gseen gas gthe glender gof glast gresort gto gnation-states gwhose geconomies gare gin
gturmoilgand gwhose gcurrencies gare glosing gvalue gagainst gthose gof gother gnations.




True False

11. The gIMF gis gless gcontroversial gthan gits gsister ginstitution, gthe gWorld

g Bank.gTrue False

12. In greturn gfor gloans, gthe gIMF grequires gnation-states gto gadopt gspecific geconomic gpolicies
gaimed gatgreturning gtheir gtroubled geconomies gto gstability gand ggrowth.




True False

13. Foreign gdirect ginvestment g(FDI) goccurs gwhen ga gfirm ginvests gresources gin gbusiness
gactivitiesgoutside gits ghome gcountry.




True False

14. After gWorld gWar gII, gthe gadvanced gnations gof gthe gWest gcommitted gthemselves gto
gincreasinggbarriers gto gthe gfree gflow gof ggoods, gservices, gand gcapital gbetween gnations.




True False

15. The gUruguay gRound, gheld gunder gthe gumbrella gof gGATT, gextended gGATT gto gcover gservices gas
gwellgas gmanufactured ggoods.




True False

16. The glowering gof gtrade gand ginvestment gbarriers gallows gfirms gto gbase gproduction gat gthe
goptimalglocation gfor gthat gactivity.




True False

17. As ga gresult gof ginternational gtrade, gthe geconomies gof gthe gworld’s gnation-states gare gbecoming
glessgintertwined.




True False

18. The gglobalization gof gmarkets gand gproduction gand gthe gresulting ggrowth gof gworld gtrade,
gforeigngdirect ginvestment, gand gimports gall gimply gthat gfirms gare gfinding git geasier gto gprotect


gthemselves gfrom




the gattack gof gforeign gcompetitors.