TEST BANK
GLOBAL BUSINESS 5TH EDITION BY PENG MIKE. ALL COMPLETE CHAPTERS
1 – 17 QUESTIONS AND ANSWERS GRADED A+ LATEST UPDATE.
mailto:https://www.stuvia.com/user/supergrades002
,TABLE OF CONTENTS
1. Chapter 1: Introduction
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
4. Chapter 4: Resources and Capabilities
5. Chapter 5: International Trade
6. Chapter 6: Foreign Direct Investment
7. Chapter 7: Foreign Exchange
8. Chapter 8: Global and Regional Integration
9. Chapter 9: The Entrepreneurial Firm
10. Chapter 10: Foreign Market Entry
11. Chapter 11: Global Competitive Dynamics
12. Chapter 12: Alliances and Acquisitions
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
14. Chapter 14: Marketing and Supply Chain Management
15. Chapter 15: Human Resource Management
16. Chapter 16: Corporate Finance and Governance
17. Chapter 17: Corporate Social Responsibility
mailto:https://www.stuvia.com/user/supergrades002
, Chapter 1
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in,
controlling, andmanaging value-added activities in other countries.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: International Business and Global Business
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Creation of Value
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Globalization and Semiglobalization
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Strategy
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments
operating inan economy.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Moderate
mailto:https://www.stuvia.com/user/supergrades002
, REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
4. The majority of the global GDP is contributed by the emerging markets.
a. True
b. False
ANS >> False
POINTS: 1
DIFFICULTY: Difficulty: Moderate
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
differentcurrencies can purchase.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
governmentsoperating in an economy.
a. True
mailto:https://www.stuvia.com/user/supergrades002
GLOBAL BUSINESS 5TH EDITION BY PENG MIKE. ALL COMPLETE CHAPTERS
1 – 17 QUESTIONS AND ANSWERS GRADED A+ LATEST UPDATE.
mailto:https://www.stuvia.com/user/supergrades002
,TABLE OF CONTENTS
1. Chapter 1: Introduction
2. Chapter 2: Formal Institutions: Politics, Laws, and Economics
3. Chapter 3: Informal Institutions: Cultures, Ethics, and Norms
4. Chapter 4: Resources and Capabilities
5. Chapter 5: International Trade
6. Chapter 6: Foreign Direct Investment
7. Chapter 7: Foreign Exchange
8. Chapter 8: Global and Regional Integration
9. Chapter 9: The Entrepreneurial Firm
10. Chapter 10: Foreign Market Entry
11. Chapter 11: Global Competitive Dynamics
12. Chapter 12: Alliances and Acquisitions
13. Chapter 13: Strategy, Structure, and Innovation in Multinationals
14. Chapter 14: Marketing and Supply Chain Management
15. Chapter 15: Human Resource Management
16. Chapter 16: Corporate Finance and Governance
17. Chapter 17: Corporate Social Responsibility
mailto:https://www.stuvia.com/user/supergrades002
, Chapter 1
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in,
controlling, andmanaging value-added activities in other countries.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: International Business and Global Business
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Creation of Value
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Globalization and Semiglobalization
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Strategy
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments
operating inan economy.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Moderate
mailto:https://www.stuvia.com/user/supergrades002
, REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
4. The majority of the global GDP is contributed by the emerging markets.
a. True
b. False
ANS >> False
POINTS: 1
DIFFICULTY: Difficulty: Moderate
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
differentcurrencies can purchase.
a. True
b. False
ANS >> True
POINTS: 1
DIFFICULTY: Difficulty: Easy
REFERENCES: Global Business and Globalization at a Crossroads
QUESTION TYPE: True / False
HAS VARIABLES: False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
NATIONAL STANDARDS: United States - BUSPROG: Analytic
STATE STANDARDS: United States - AK - DISC: Environmental Influence
KEYWORDS: Bloom's: Remember
DATE CREATED: 11/12/2021 2:54 PM
DATE MODIFIED: 3/5/2022 11:24 AM
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
governmentsoperating in an economy.
a. True
mailto:https://www.stuvia.com/user/supergrades002
