100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Test Bank for International Financial Management, 10th Edition by Cheol Eun.pdf

Rating
4,5
(2)
Sold
-
Pages
547
Grade
A+
Uploaded on
27-01-2025
Written in
2024/2025

Test Bank for International Financial Management, 10th Edition by Cheol E

Institution
Course











Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Course

Document information

Uploaded on
January 27, 2025
Number of pages
547
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

,Chapter m01:mMultinationalmFinancialmManagement:mAnmOvervie
w
1. Themcommonly maccepted mgoalmof man mMNCmismto:
a. maximize mshort-termmearnings.
b. maximize mshareholdermwealth.
c. minimizemrisk.
d. Amand mC.
e. maximize minternationalmsales.
ANSWER: b
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.01
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mKnowledge

2. With mregard mto mcorporate mgoals,man mMNCmismmostly mconcerned mwith mmaximizingm
,mand mampurely mdomestic mfirmmismmostly mconcerned mwith mmaximizingm .
a. shareholdermwealth;mshort-
termmearnings
b. shareholdermwealth;mshareholdermwealth
c. short-termmearnings;msalesmvolume
d. short-
termmearnings;mshareholdermweal
th
ANSWER: b
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.01
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mKnowledge

3. Forman mMNC,magency mcostsmaremtypically:
a. nonexistent
b. largermthan magency mcostsmof mamsmallmpurely mdomestic mfirm.
c. smallermthanmagency mcostsmofmamsmallmpurelymdomest
icmfirm.
d. themsamemasmagency mcostsmof mamsmallmpurely mdomestic mfirm.
ANSWER: b
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.01
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mKnowledge

,Chapter m01:mMultinationalmFinancialmManagement:mAnmOvervie
w
4. Which mof mthemfollowingmcould mreduce magency mproblemsmforman mMNC?
a. stock moptionsmasmmanagerialmcompensation
b. hostilemtakeovermthreat
c. investormmonitoring
d. allmof mthemabovemaremformsmofmcorporatemcontrolmthatmcouldmreducemagency mproblemsmfo
rman mMNC.
ANSWER: d
DIFFICULTY: Moderate
LEARNING mOBJECTIVES:m INFM.MADU.15.01.01
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mComprehension

5. Themvaluation mofmanmMNCmshould mrisemwhen manmeventmcausesmthemexpected mcashmflowsmfrommforeign msubsidiariesmto m
and mwhenmthemforeign mcurrenciesmdenominatingmthesemcashmflowsmaremexpect
ed mto m .
a. decrease;m
appreciate
b. increase;mappreciate
c. decrease;m
depreciate
d. increase;mdepreciate
ANSWER: b
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.04
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mComprehension

6. Which mof mthemfollowingmtheoriesmidentifiesmspecialization masmamreason mforminternationalmbusiness?
a. theory mof mcomparative madvantage
b. imperfectmmarketsmtheory
c. productmcyclemtheory
d. nonemof mthemabove
ANSWER: a
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.02
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mKnowledge

, Chapter m01:mMultinationalmFinancialmManagement:mAnmOvervie
w
7. Which mofmthemfollowingmtheoriesmidentifiesmthemnontransferabilitymofmresourcesmasmamreason mforminternationalmbusiness?
a. theory mof mcomparative madvantage
b. imperfectmmarketsmtheory
c. productmcyclemtheory
d. nonemof mthemabove
ANSWER: b
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.02
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mKnowledge

8. Which mof mthemfollowingmtheoriesmsuggestsmthatmfirmsmseek mto mpenetrate mnewmmarketsmovermtime?
a. theory mof mcomparative madvantage
b. imperfectmmarketsmtheory
c. productmcyclemtheory
d. nonemof mthemabove
ANSWER: c
DIFFICULTY: Easy
LEARNING mOBJECTIVES:m INFM.MADU.15.01.02
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mKnowledge

9. An mindustrymbasedmonmwhichmofmthemfollowingmwould mmostmlikely mtakemadvantagemofmlowermcostsminmsomemlessmdevel
oped mforeign mcountries?
a. assembly mlinemproduction
b. specialized mprofessionalmservices
c. nuclearmmissile mprograms
d. developmentmofmmoremsophisticatedmcompute
rmtechnology
ANSWER: a
DIFFICULTY: Moderate
LEARNING mOBJECTIVES:m INFM.MADU.15.01.02
NATIONALmSTANDARDS:m UnitedmStatesm-mBUSPROG.INFM m.MADU.15.03
STATEmSTANDARDS: UnitedmStatesm-mOHm-mDISC.INFM.MADU.15.02
KEYWORDS: Bloom's:mApplication
R312,24
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached


Document also available in package deal

Reviews from verified buyers

Showing all 2 reviews
6 months ago

10 months ago

4,5

2 reviews

5
1
4
1
3
0
2
0
1
0
Trustworthy reviews on Stuvia

All reviews are made by real Stuvia users after verified purchases.

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Testbankguruu university
Follow You need to be logged in order to follow users or courses
Sold
68
Member since
10 months
Number of followers
4
Documents
527
Last sold
2 weeks ago
TEST BANK GURU

Welcome to TestBanksGuru, your go-to source for high-quality test banks and study materials designed to help you excel academically. We offer a comprehensive range of resources including test banks, study guides, solution manuals, and other study materials, all meticulously curated to ensure accuracy and effectiveness. Our affordable, instantly accessible materials are complemented by excellent customer support, making your learning experience seamless and efficient. Trust Testbanksguru to be your partner in academic success, providing the tools you need to achieve your educational goals.

Read more Read less
4,9

1326 reviews

5
1216
4
90
3
12
2
1
1
7

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their exams and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can immediately select a different document that better matches what you need.

Pay how you prefer, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card or EFT and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions