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

,DOWNLOAD THE Test Bank for Global Business Today 12th Edition Hill

Global Business Today 12th Edition by Hill CH01
ANSWERS ARE LOCATED IN THE SECOND PART OF THIS DOCUMENT
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) In the past ten years, increasing barriers to cross-border trade have made it harder for
businesses to sell internationally.
1)

⊚ true
⊚ false

Question Details
AACSB : Analytical Thinking
Accessibility : Keyboard Navigation
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-01 Understand what is meant by the term globalization.
Topic : What is Globalization?
Gradable : automatic



2) To truly benefit from globalization, a firm needs to be a multinational
conglomerate rather than a small or mid-size company.
2)

⊚ true
⊚ false

Question Details
AACSB : Analytical Thinking
Accessibility : Keyboard Navigation
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-01 Understand what is meant by the term globalization.
Topic : What is Globalization?
Gradable : automatic



3) In today’s marketplace, outsourcing efforts are confined to manufacturing activities.
3)

⊚ true
⊚ false




Version 1 1
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ore

,DOWNLOAD THE Test Bank for Global Business Today 12th Edition Hill

Global Business Today 12th Edition by Hill CH01

Question Details
AACSB : Analytical Thinking
Accessibility : Keyboard Navigation
Learning Objective : 01-01 Understand what is meant by the term globalization.
Topic : What is Globalization?
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic



4) Transportation costs and the managerial challenge of coordinating a globally
dispersed supply chain are just two of the impediments companies face when trying to
achieve optimal dispersion of their products between countries.

4)
⊚ true
⊚ false

Question Details
AACSB : Analytical Thinking
Accessibility : Keyboard Navigation
Learning Objective : 01-01 Understand what is meant by the term globalization.
Bloom's : Remember
Difficulty : 1 Easy
Topic : Various Types of Institutions in Global Business
Gradable : automatic



5) The WTO polices the world trading system and without this organization,
the globalization of markets might not be where it is today.

5)
⊚ true
⊚ false

Question Details
Accessibility : Keyboard Navigation
Learning Objective : 01-01 Understand what is meant by the term globalization.
Bloom's : Remember
Difficulty : 1 Easy
Topic : Various Types of Institutions in Global Business
AACSB : Reflective Thinking
Gradable : automatic




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, DOWNLOAD THE Test Bank for Global Business Today 12th Edition Hill

Global Business Today 12th Edition by Hill CH01


6) Foreign direct investment (FDI) occurs when a firm invests resources in
business activities outside its home country.
6)

⊚ true
⊚ false

Question Details
AACSB : Analytical Thinking
Accessibility : Keyboard Navigation
Bloom's : Remember
Difficulty : 1 Easy
Learning Objective : 01-02 Recognize the main drivers of globalization.
Topic : Drivers of Globalization
Gradable : automatic



7) The retaliatory trade policies of the 1920s and 1930s contributed to the Great Depression.
7)

⊚ true
⊚ false

Question Details
AACSB : Analytical Thinking
Accessibility : Keyboard Navigation
Bloom's : Understand
Difficulty : 2 Medium
Learning Objective : 01-02 Recognize the main drivers of globalization.
Topic : Drivers of Globalization
Gradable : automatic



8) The Uruguay Round extended GATT to cover services as well as manufactured goods.
8)

⊚ true
⊚ false




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