Test Bank for International Business 3rd Edition by Michael Geringer and Jeanne McNett

Test Bank for
International Business, 3rd Edition Geringer
M
Chapter 1-15 Answers are at the end of Each Chapter
ED
Chapter 1

Student name:__________
1) Discuss the three environments in which an international company operates.
C
Question Details
AACSB : Reflective Thinking
O
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
N
Bloom's : Understand
Difficulty : 2 Medium
Gradable : manual
N

2) Identify and give an example of each of the five major kinds of drivers that are leading
O
international firms to the globalization of their operations.

Question Details
IS
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
SE
Difficulty : 2 Medium
Topic : Drivers of Globalization
Learning Objective : 01-04 Identify the kinds of drivers that are leading firms to internationalize t
Gradable : manual
U
3) Discuss the arguments supporting and opposing globalization of trade and investment. Do
you think globalization is, overall, a positive development or a negative one for the world?
R
Explain.

, Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Difficulty : 2 Medium
M
Topic : What Is Globalization?
Learning Objective : 01-05 Compare the key arguments for and against the globalization of business.
Gradable : manual
ED
4) The operations of a company outside its home or domestic market are known as
________ business.
4) ______
C
Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
O
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
N
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic
N
5) A(n) ________ company is a company with operations in multiple nations.
5) ______
O
Question Details
AACSB : Reflective Thinking
IS
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
SE
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic


6) The term ________ refers to all the forces influencing the life and development of the
firm.
U

6) ______
R

, Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
M
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic
ED
7) The internal forces over which management does have some control, such as the factors
of production and the activities of the organization, are called the ________ forces.
7) ______

Question Details
C
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
O
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Gradable : automatic
N
Bloom's : Understand
Difficulty : 2 Medium
N
8) A company uses a foreign agent to warehouse and deliver its goods in a foreign country.
This illustrates the ________ external force.
8) ______
O

Question Details
Accessibility : Keyboard Navigation
IS
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Gradable : automatic
SE
Difficulty : 2 Medium
Bloom's : Apply
AACSB : Knowledge Application
U
9) When a home country does business in a foreign country, it must obey all the laws of the
host country. This represents the _______ external force.
R
9) ______

, Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
M
Gradable : automatic
Bloom's : Understand
Difficulty : 2 Medium
ED
AACSB : Knowledge Application




10) A jewelry company opened offices in Botswana to be closer to the diamond mines that
C
supplied their business. This illustrates the effect of the ________ external force in international
business.
10) ______
O

Question Details
N
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
N
Topic : Why Study International Business
Gradable : automatic
Bloom's : Understand
O
Difficulty : 2 Medium
IS

11) The ________ environment is all the uncontrollable forces originating in the home
country that surround and influence the life and development of the firm.
SE
11) ______


Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
U
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
R
Gradable : automatic
Bloom's : Understand
Difficulty : 2 Medium