Test Bank 𝑓or Global Business Today, 13th
Edition by Charles W. L. Hill | Veri𝑓ied Q&A
| GRADED A+
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TEST BANK For Global Business Today,
12th Edition By Charles Hill Chapters 1 - 17
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Answers are at the end o𝑓 each chapter
Chapter 01 Globalization
True / False Questions
1. As a result o𝑓 globalization, we have been moving toward a world in which national
economies are relatively sel𝑓-contained entities.
True False
2. By o𝑓𝑓ering the same basic product worldwide, 𝑓irms help to create a global
market. True False
3. A company has to be the size o𝑓 a multinational giant to 𝑓acilitate, and bene𝑓it 𝑓rom,
the globalization o𝑓 markets.
True False
4. As a result o𝑓 globalization, companies rarely need to customize marketing strategies,
product 𝑓eatures, and operating practices in di 𝑓𝑓erent countries.
True False
5. Globalization has resulted in greater uni𝑓ormity replacing diversity across national
markets. True False
6. As 𝑓irms 𝑓ollow each other around the world, they bring with them many o𝑓 the assets
that served them well in other national markets. Thus, greater diversity replaces uni 𝑓ormity.
True False
7. Substantial impediments, such as barriers to 𝑓oreign direct investment, make it di𝑓𝑓icult 𝑓or
𝑓irms to achieve the optimal dispersion o𝑓 their productive activities to locations around the globe.
True False
8. The World Trade Organization, the International Monetary Fund and its sister institution the
World Bank, and the United Nations were all created by voluntary agreement between individual
nation- states.
True False
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Edition by Charles W. L. Hill | Veri𝑓ied Q&A
| GRADED A+
written by
walternpeter036
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Material
TEST BANK For Global Business Today,
12th Edition By Charles Hill Chapters 1 - 17
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Answers are at the end o𝑓 each chapter
Chapter 01 Globalization
True / False Questions
1. As a result o𝑓 globalization, we have been moving toward a world in which national
economies are relatively sel𝑓-contained entities.
True False
2. By o𝑓𝑓ering the same basic product worldwide, 𝑓irms help to create a global
market. True False
3. A company has to be the size o𝑓 a multinational giant to 𝑓acilitate, and bene𝑓it 𝑓rom,
the globalization o𝑓 markets.
True False
4. As a result o𝑓 globalization, companies rarely need to customize marketing strategies,
product 𝑓eatures, and operating practices in di 𝑓𝑓erent countries.
True False
5. Globalization has resulted in greater uni𝑓ormity replacing diversity across national
markets. True False
6. As 𝑓irms 𝑓ollow each other around the world, they bring with them many o𝑓 the assets
that served them well in other national markets. Thus, greater diversity replaces uni 𝑓ormity.
True False
7. Substantial impediments, such as barriers to 𝑓oreign direct investment, make it di𝑓𝑓icult 𝑓or
𝑓irms to achieve the optimal dispersion o𝑓 their productive activities to locations around the globe.
True False
8. The World Trade Organization, the International Monetary Fund and its sister institution the
World Bank, and the United Nations were all created by voluntary agreement between individual
nation- states.
True False
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