TEST BANK FOR Global Business, 5th Edition Mike W. Peng.

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TEST BANK FOR Global Business, 5th Edition Mike W. Peng.

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Institution Global Business

Course Global Business

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TEST BANK FOR Global Business, 5th Edition Mike W. Peng.

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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 ||a nd |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. 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 ||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 ||operating
||in ||an ||economy.

a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: |Moderate

REFERENCES: Global ||Business ||and ||Globalization ||at ||a ||Crossroads

Copyright ||Cengage ||Learning. ||Powered ||by Page ||1
||Cognero.

,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 ||services
||different ||currencies ||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 ||r esident ||firms, ||households, ||and
||governments ||operating ||in ||an ||economy.

a. True

Copyright ||Cengage ||Learning. ||Powered ||by Page ||2
||Cognero.

, 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
DATE ||MODIFIED: 3/5/2022 ||11:24 ||AM

7. Global ||business ||includes ||both ||international ||a nd ||domestic ||business ||activities.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: ||Easy
REFERENCES: International ||Business ||a nd |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
DATE ||MODIFIED: 3/5/2022 ||11:24 ||AM

8. International ||business ||can ||be ||defined ||as ||the ||investment ||in, ||controlling, ||and ||managing ||value-added ||activities ||in
||other ||countries.

a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: ||Easy
REFERENCES: International ||Business ||a nd |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 Page ||3
||Cognero.

, DATE ||MODIFIED: 3/5/2022 ||11:24 ||AM

9. On ||the ||global ||economic ||pyramid, ||the ||Triad ||r efers ||to ||developed ||economies ||consisting ||of ||North ||America, ||Europe,
||a nd ||Japan.

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: ||Creation ||of ||Value
KEYWORDS: Bloom's: ||Remember
DATE ||CREATED: 11/12/2021 ||2:54 ||PM
DATE ||MODIFIED: 3/5/2022 ||11:24 ||AM

10. All ||the ||countries ||of ||the ||BRIC ||belong ||to ||the ||top ||tier ||of ||the ||global ||economic ||pyramid.
a. True
b. False
ANSWER: False
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: ||Environmental ||Influence
KEYWORDS: Bloom's: ||Remember
DATE ||CREATED: 11/12/2021 ||2:54 ||PM
DATE ||MODIFIED: 3/5/2022 ||11:24 ||AM

11. The ||second ||tier ||of ||the ||global ||economic ||pyramid ||is ||made ||up ||of ||countries ||with ||a ||per ||capita ||a nnual ||income ||of ||more ||than
$20,000.
a. True
b. False
ANSWER: False
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
Copyright ||Cengage ||Learning. ||Powered ||by Page ||4
||Cognero.

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MIKE W. PENG Global Business

Publisher: 2022 ISBN: 9780357716403 Edition: Unknown

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Uploaded on: May 26, 2025
Number of pages: 548
Written in: 2024/2025
Type: Exam (elaborations)
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