TEST BANK for Global Business 5th Edition
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by Peng Mike. Complete Chapters 1 - 17
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,TABLE OF CONTENTS g g g
1. Chapter 1: Introduction
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2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
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3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
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4. Chapter 4: Resources and Capabilities
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5. Chapter 5: International Trade
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6. Chapter 6: Foreign Direct Investment
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7. Chapter 7: Foreign Exchange
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8. Chapter 8: Global and Regional Integration
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9. Chapter 9: The Entrepreneurial Firm
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10. Chapter 10: Foreign Market Entry
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11. Chapter 11: Global Competitive Dynamics
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12. Chapter 12: Alliances and Acquisitions
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13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
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14. Chapter 14: Marketing and Supply Chain Management
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15. Chapter 15: Human Resource Management
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16. Chapter 16: Corporate Finance and Governance
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17. Chapter 17: Corporate Social Responsibility
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,Chapter 1 g
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling,
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andmanaging value-added activities in other countries.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g
REFERENCES: International Business and Global Business g g g g
QUESTION TYPE: True / False
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HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: g United States - AK - DISC: Creation of Value g g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED: g 11/12/2021 2:54 PM g g
DATE MODIFIED: g 3/5/2022 11:24 AM g g
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g
REFERENCES: Globalization and Semiglobalization g g
QUESTION TYPE: True / False
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HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: g United States - AK - DISC: Strategy g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED: g 11/12/2021 2:54 PM g g
DATE MODIFIED: g 3/5/2022 11:24 AM g g
3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating
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inan economy.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate g
, REFERENCES: Global Business and Globalization at a Crossroads
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QUESTION TYPE: g True / False
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HAS VARIABLES:
g False
LEARNING OBJECTIVES:g GLOB.PENG.05.01-05 - LO: 01-05 g g g
NATIONAL STANDARDS: g United States - BUSPROG: Analytic
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STATE STANDARDS:
g United States - AK - DISC: Environmental Influence
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KEYWORDS: Bloom's: Remember g
DATE CREATED:
g 11/12/2021 2:54 PM g g
DATE MODIFIED:
g 3/5/2022 11:24 AM g g
4. The majority of the global GDP is contributed by the emerging markets.
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a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate g
REFERENCES: Global Business and Globalization at a Crossroads g g g g g g
QUESTION TYPE: g True / False g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS:
g United States - AK - DISC: Environmental Influence g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED:
g 11/12/2021 2:54 PM g g
DATE MODIFIED:
g 3/5/2022 11:24 AM g g
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
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differentcurrencies can purchase.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g
REFERENCES: Global Business and Globalization at a Crossroads g g g g g g
QUESTION TYPE: g True / False g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
g g g g g
STATE STANDARDS:
g United States - AK - DISC: Environmental Influence g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED:
g 11/12/2021 2:54 PM g g
DATE MODIFIED:
g 3/5/2022 11:24 AM g g
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
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governmentsoperating in an economy.
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a. True
g g g g g g g
by Peng Mike. Complete Chapters 1 - 17
g g g g g g g
,TABLE OF CONTENTS g g g
1. Chapter 1: Introduction
g g
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
g g g g g g g
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
g g g g g g g
4. Chapter 4: Resources and Capabilities
g g g g
5. Chapter 5: International Trade
g g g
6. Chapter 6: Foreign Direct Investment
g g g g
7. Chapter 7: Foreign Exchange
g g g
8. Chapter 8: Global and Regional Integration
g g g g g
9. Chapter 9: The Entrepreneurial Firm
g g g g
10. Chapter 10: Foreign Market Entry
g g g g
11. Chapter 11: Global Competitive Dynamics
g g g g
12. Chapter 12: Alliances and Acquisitions
g g g g
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
g g g g g g g
14. Chapter 14: Marketing and Supply Chain Management
g g g g g g
15. Chapter 15: Human Resource Management
g g g g
16. Chapter 16: Corporate Finance and Governance
g g g g g
17. Chapter 17: Corporate Social Responsibility
g g g g
,Chapter 1 g
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling,
g g g g g g g g g g g g g g g g
andmanaging value-added activities in other countries.
g g g g g g g
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g
REFERENCES: International Business and Global Business g g g g
QUESTION TYPE: True / False
g g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
g g g g
NATIONAL STANDARDS: United States - BUSPROG: Analytic
g g g g g
STATE STANDARDS: g United States - AK - DISC: Creation of Value g g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED: g 11/12/2021 2:54 PM g g
DATE MODIFIED: g 3/5/2022 11:24 AM g g
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
g g g g g g g g g
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g
REFERENCES: Globalization and Semiglobalization g g
QUESTION TYPE: True / False
g g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
g g g g
NATIONAL STANDARDS: United States - BUSPROG: Analytic
g g g g g
STATE STANDARDS: g United States - AK - DISC: Strategy g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED: g 11/12/2021 2:54 PM g g
DATE MODIFIED: g 3/5/2022 11:24 AM g g
3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating
g g g g g g g g g g g g g g g g
inan economy.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate g
, REFERENCES: Global Business and Globalization at a Crossroads
g g g g g g
QUESTION TYPE: g True / False
g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES:g GLOB.PENG.05.01-05 - LO: 01-05 g g g
NATIONAL STANDARDS: g United States - BUSPROG: Analytic
g g g g
STATE STANDARDS:
g United States - AK - DISC: Environmental Influence
g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED:
g 11/12/2021 2:54 PM g g
DATE MODIFIED:
g 3/5/2022 11:24 AM g g
4. The majority of the global GDP is contributed by the emerging markets.
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a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate g
REFERENCES: Global Business and Globalization at a Crossroads g g g g g g
QUESTION TYPE: g True / False g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
g g g g
NATIONAL STANDARDS: United States - BUSPROG: Analytic
g g g g g
STATE STANDARDS:
g United States - AK - DISC: Environmental Influence g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED:
g 11/12/2021 2:54 PM g g
DATE MODIFIED:
g 3/5/2022 11:24 AM g g
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
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differentcurrencies can purchase.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy g
REFERENCES: Global Business and Globalization at a Crossroads g g g g g g
QUESTION TYPE: g True / False g g
HAS VARIABLES:
g False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
g g g g
NATIONAL STANDARDS: United States - BUSPROG: Analytic
g g g g g
STATE STANDARDS:
g United States - AK - DISC: Environmental Influence g g g g g g g
KEYWORDS: Bloom's: Remember g
DATE CREATED:
g 11/12/2021 2:54 PM g g
DATE MODIFIED:
g 3/5/2022 11:24 AM g g
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
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governmentsoperating in an economy.
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a. True
