Test Bank for International Business, 2025 Release Evergreen by Michael Geringer

Complete Answers Included ✅
Module 1 - 2025 Release Geringer
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) Business conducted within a foreign country is known as foreign business.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Reflective Thinking
Difficulty : 1 Easy
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Differences Between Domestic and International Marketing
Source : Module 01 Test Bank > TF Qu. 01 Business conducted within a foreign...



2) A multinational company (MNC) is a company headquartered in another nation.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Reflective Thinking
Difficulty : 2 Medium
Evergreen Release : Updated 2025
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Differences Between Domestic and International Marketing
Source : Module 01 Test Bank > TF Qu. 02 A multinational company (MNC) is a company...




1

,3) A firm operating across borders must deal with the forces of three kinds of environments—
domestic, foreign, and global.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Reflective Thinking
Difficulty : 2 Medium
Evergreen Release : Updated 2025
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Differences Between Domestic and International Marketing
Source : Module 01 Test Bank > TF Qu. 03 A firm operating across borders...



4) A small gourmet food company operates solely within its own country’s borders. As such, it
need only be concerned with the domestic market.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Reflective Thinking
Difficulty : 2 Medium
Evergreen Release : Updated 2025
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Differences Between Domestic and International Marketing
Source : Module 01 Test Bank > TF Qu. 04 A small gourmet food company operates...




2

,5) The term environment encompasses multiple forces that impact the firm’s operations.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Reflective Thinking
Difficulty : 1 Easy
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Internal and External Forces
Source : Module 01 Test Bank > TF Qu. 05 As used in the text, the term environment me...



6) The structure of the organization is an external environmental force.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Remember
Business Competency : Reflective Thinking
Difficulty : 1 Easy
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Internal and External Forces
Source : Module 01 Test Bank > TF Qu. 06 The structure of the organization is an...




3

, 7) Lobbyists who advocate for new laws that will affect the production standards of a business
are an example of an internal force.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Reflective Thinking
Difficulty : 2 Medium
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Internal and External Forces
Source : Module 01 Test Bank > TF Qu. 07 Lobbyists who advocate for new laws that wil...



8) The foreign environment consists of the interactions between the domestic environmental
forces and the foreign environmental forces, as well as interactions between the foreign
environmental forces of two countries.
⊚ true
⊚ false

Question Details
Accessibility : Screen Reader/Keyboard/CC
Bloom's : Understand
Business Competency : Reflective Thinking
Difficulty : 2 Medium
Gradable : automatic
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Differences Between Domestic and International Marketing
Source : Module 01 Test Bank > TF Qu. 08 The foreign environment consists of the...




4