TEST BANK- Global Business 5th Edition BY Mike W. Peng (2022), ISBN-/ All chapters 1-17/Complete Guide

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TEST
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,n BANK FOR n




Global Business, 5th Edition Mike W. Peng
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Chapter1-17

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1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling, and
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managing value-added activities in other countries.
n n n n n n


a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy n


REFERENCES: International Business and Global Business n n n n


QUESTION TYPE: True / False
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HAS VARIABLES:
n False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: n United States - AK - DISC: Creation of Value n n n n n n n n



KEYWORDS: Bloom's: Remember n


DATE CREATED: n 11/12/2021 2:54 PM n n


DATE MODIFIED: n 3/5/2022 11:24 AM n n




2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy n


REFERENCES: Globalization and Semiglobalization n n


QUESTION TYPE: True / False
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HAS VARIABLES:
n False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
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NATIONAL STANDARDS: United States - BUSPROG: Analytic
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STATE STANDARDS: n United States - AK - DISC: Strategy n n n n n n


KEYWORDS: Bloom's: Remember n


DATE CREATED: n 11/12/2021 2:54 PM n n


DATE MODIFIED: n 3/5/2022 11:24 AM n n




3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating in
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an economy.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate n




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,REFERENCES: Global Business and Globalization at a Crossroads
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QUESTION TYPE: n True / False
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HAS VARIABLES:
n False
LEARNING OBJECTIVES: n GLOB.PENG.05.01-05 - LO: 01-05 n n n


NATIONAL STANDARDS: n United States - BUSPROG: Analytic
n n n n


STATE STANDARDS:
n United States - AK - DISC: Environmental Influence
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KEYWORDS: Bloom's: Remember n


DATE CREATED:
n 11/12/2021 2:54 PM n n


DATE MODIFIED:
n 3/5/2022 11:24 AM n n




4. The majority of the global GDP is contributed by the emerging markets.
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a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate n


REFERENCES: Global Business and Globalization at a Crossroads
n n n n n n


QUESTION TYPE: n True / False n n


HAS VARIABLES:
n False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
n n n n


NATIONAL STANDARDS: United States - BUSPROG: Analytic
n n n n n


STATE STANDARDS:
n United States - AK - DISC: Environmental Influence
n n n n n n n


KEYWORDS: Bloom's: Remember n


DATE CREATED:
n 11/12/2021 2:54 PM n n


DATE MODIFIED:
n 3/5/2022 11:24 AM n n




5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services different
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currencies can purchase.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy n


REFERENCES: Global Business and Globalization at a Crossroadsn n n n n n


QUESTION TYPE: n True / False n n


HAS VARIABLES:
n False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
n n n n


NATIONAL STANDARDS: United States - BUSPROG: Analytic
n n n n n


STATE STANDARDS:
n United States - AK - DISC: Environmental Influence
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KEYWORDS: Bloom's: Remember n


DATE CREATED:
n 11/12/2021 2:54 PM n n


DATE MODIFIED:
n 3/5/2022 11:24 AM n n




6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
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governments operating in an economy.
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a. True
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, b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy n


REFERENCES: Global Business and Globalization at a Crossroads
n n n n n n


QUESTION TYPE: n True / Falsen n


HAS VARIABLES:
n False
LEARNING OBJECTIVES: n GLOB.PENG.05.01-05 - LO: 01-05 n n n


NATIONAL STANDARDS: n United States - BUSPROG: Analytic
n n n n


STATE STANDARDS:
n United States - AK - DISC: Environmental Influence
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KEYWORDS: Bloom's: Remember n


DATE CREATED:
n 11/12/2021 2:54 PM n n


DATE MODIFIED:
n 3/5/2022 11:24 AM n n




7. Global business includes both international and domestic business activities.
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a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy n


REFERENCES: International Business and Global Business n n n n


QUESTION TYPE: n True / False n n


HAS VARIABLES:
n False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
n n n n


NATIONAL STANDARDS: United States - BUSPROG: Analytic
n n n n n


STATE STANDARDS:
n United States - AK - DISC: Environmental Influence
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KEYWORDS: Bloom's: Remember n


DATE CREATED:
n 11/12/2021 2:54 PM n n


DATE MODIFIED:
n 3/5/2022 11:24 AM n n




8. International business can be defined as the investment in, controlling, and managing value-added activities in other
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countries.
n


a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy n



REFERENCES: International Business and Global Business n n n n


QUESTION TYPE: n True / False n n


HAS VARIABLES:
n False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
n n n n


NATIONAL STANDARDS: United States - BUSPROG: Analytic
n n n n n


STATE STANDARDS:
n United States - AK - DISC: Environmental Influence
n n n n n n n


KEYWORDS: Bloom's: Remember n


DATE CREATED:
n 11/12/2021 2:54 PM n n




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