TEST BANK for Global Business 5th Edition
by Peng Mike. Complete Chapters 1 - 17
,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
,Chapter 1
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling,
q q q q q q q q q q q q q q q q q
andmanaging value-added activities in other countries.
q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: International Business and Global Business q q q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Creation of Valueq q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
q q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Strategy q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating
q q q q q q q q q q q q q q q q q
inan economy.
q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
,REFERENCES: Global Business and Globalization at a Crossroads
q q q q q q
QUESTION TYPE: q True / False
q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES:q GLOB.PENG.05.01-05 - LO: 01-05 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
4. The majority of the global GDP is contributed by the emerging markets.
q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Global Business and Globalization at a Crossroads q q q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
q q q q q q q q q q q q q q q q
differentcurrencies can purchase.
q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Global Business and Globalization at a Crossroads q q q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
q q q q q q q q q q q q q q q q q
governmentsoperating in an economy.
q q q q
a. True
, b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Global Business and Globalization at a Crossroads
q q q q q q
QUESTION TYPE: q True / Falseq q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: q GLOB.PENG.05.01-05 - LO: 01-05 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
7. Global business includes both international and domestic business activities.
q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: International Business and Global Business q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
8. International business can be defined as the investment in, controlling, and managing value-added activities in
q q q q q q q q q q q q q q q
othercountries.
q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: International Business and Global Business q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
,DATE MODIFIED: q 3/5/2022 11:24 AM q q
9. On the global economic pyramid, the Triad refers to developed economies consisting of North America, Europe,
q q q q q q q q q q q q q q q q
andJapan.
q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Global Business and Globalization at a Crossroads q q q q q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Creation of Value q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED: q 11/12/2021 2:54 PM q q
DATE MODIFIED: q 3/5/2022 11:24 AM q q
10. All the countries of the BRIC belong to the top tier of the global economic pyramid.
q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Environmental Influence q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED: q 11/12/2021 2:54 PM q q
DATE MODIFIED: q 3/5/2022 11:24 AM q q
11. The second tier of the global economic pyramid is made up of countries with a per capita annual income of more than
q q q q q q q q q q q q q q q q q q q q q
$20,000.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
,NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
12. The emerging markets of the world are placed at the top of the global economic pyramid.
q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Creation of Value
q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
13. The global economic pyramid does not represent countries that have a per capita annual income of less than $2,000.
q q q q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
14. The term "base of the pyramid" represents economies where individuals make less than $2,000 a year.
q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
,QUESTION TYPE: q True / False
q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: q GLOB.PENG.05.01-04 - LO: 01-04 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
15. Reverse innovations are innovations that are adopted first in the Triad-based multinationals and then diffused
q q q q q q q q q q q q q q q
aroundthe world.
q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Strategy q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
16. Reverse innovation is an example of bottom up innovation.
q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Motivation Concepts - DISC: Environmental Influence
q q q q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
17. The Group of 20 includes the European Union (EU)—a regional bloc.
q q q q q q q q q q
a. True
b. False
ANSWER: True
, POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Why Study Global Business?
q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: q GLOB.PENG.05.01-02 - LO: 01-02 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:q United States - AK - DISC: Strategy
q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
18. Globalization has driven up the salaries of low-level jobs.
q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Why Study Global Business? q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-02 - LO: 01-02
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Creation of Value q q q q q q q q
KEYWORDS: Bloom's: Understand q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
19. An international premium is a significant pay raise awarded to expatriate employees working abroad.
q q q q q q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Why Study Global Business? q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-02 - LO: 01-02
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Creation of Value q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
20. New York has more Fortune Global 500 company headquarters than any other city.
q q q q q q q q q q q q
by Peng Mike. Complete Chapters 1 - 17
,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
,Chapter 1
1. A multinational enterprise is a firm that engages in foreign direct investment by directly investing in, controlling,
q q q q q q q q q q q q q q q q q
andmanaging value-added activities in other countries.
q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: International Business and Global Business q q q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Creation of Valueq q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
2. The term ―emerging markets‖ refers to the fastest-growing developing economies.
q q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Strategy q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
3. Gross domestic product (GDP) is the sum of value added by resident firms, households, and governments operating
q q q q q q q q q q q q q q q q q
inan economy.
q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
,REFERENCES: Global Business and Globalization at a Crossroads
q q q q q q
QUESTION TYPE: q True / False
q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES:q GLOB.PENG.05.01-05 - LO: 01-05 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
4. The majority of the global GDP is contributed by the emerging markets.
q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Global Business and Globalization at a Crossroads q q q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
5. Purchasing power parity (PPP) is a conversion that determines the equivalent amount of goods and services
q q q q q q q q q q q q q q q q
differentcurrencies can purchase.
q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Global Business and Globalization at a Crossroads q q q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
6. Purchasing power parity (PPP) is calculated as the sum of value added by resident firms, households, and
q q q q q q q q q q q q q q q q q
governmentsoperating in an economy.
q q q q
a. True
, b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Global Business and Globalization at a Crossroads
q q q q q q
QUESTION TYPE: q True / Falseq q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: q GLOB.PENG.05.01-05 - LO: 01-05 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
7. Global business includes both international and domestic business activities.
q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: International Business and Global Business q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
8. International business can be defined as the investment in, controlling, and managing value-added activities in
q q q q q q q q q q q q q q q
othercountries.
q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: International Business and Global Business q q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-01 - LO: 01-01
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
,DATE MODIFIED: q 3/5/2022 11:24 AM q q
9. On the global economic pyramid, the Triad refers to developed economies consisting of North America, Europe,
q q q q q q q q q q q q q q q q
andJapan.
q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Global Business and Globalization at a Crossroads q q q q q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-05 - LO: 01-05
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Creation of Value q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED: q 11/12/2021 2:54 PM q q
DATE MODIFIED: q 3/5/2022 11:24 AM q q
10. All the countries of the BRIC belong to the top tier of the global economic pyramid.
q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS: q United States - AK - DISC: Environmental Influence q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED: q 11/12/2021 2:54 PM q q
DATE MODIFIED: q 3/5/2022 11:24 AM q q
11. The second tier of the global economic pyramid is made up of countries with a per capita annual income of more than
q q q q q q q q q q q q q q q q q q q q q
$20,000.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
,NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
12. The emerging markets of the world are placed at the top of the global economic pyramid.
q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Creation of Value
q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
13. The global economic pyramid does not represent countries that have a per capita annual income of less than $2,000.
q q q q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:
q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
14. The term "base of the pyramid" represents economies where individuals make less than $2,000 a year.
q q q q q q q q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Globalization and Semiglobalization q q
,QUESTION TYPE: q True / False
q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: q GLOB.PENG.05.01-04 - LO: 01-04 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:q United States - AK - DISC: Environmental Influence
q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
15. Reverse innovations are innovations that are adopted first in the Triad-based multinationals and then diffused
q q q q q q q q q q q q q q q
aroundthe world.
q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Strategy q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
16. Reverse innovation is an example of bottom up innovation.
q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Globalization and Semiglobalization q q
QUESTION TYPE: True / False
q q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-04 - LO: 01-04
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Motivation Concepts - DISC: Environmental Influence
q q q q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
17. The Group of 20 includes the European Union (EU)—a regional bloc.
q q q q q q q q q q
a. True
b. False
ANSWER: True
, POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Why Study Global Business?
q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: q GLOB.PENG.05.01-02 - LO: 01-02 q q q
NATIONAL STANDARDS: q United States - BUSPROG: Analytic
q q q q
STATE STANDARDS:q United States - AK - DISC: Strategy
q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
18. Globalization has driven up the salaries of low-level jobs.
q q q q q q q q
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: Moderate q
REFERENCES: Why Study Global Business? q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-02 - LO: 01-02
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Creation of Value q q q q q q q q
KEYWORDS: Bloom's: Understand q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
19. An international premium is a significant pay raise awarded to expatriate employees working abroad.
q q q q q q q q q q q q q
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: Easy q
REFERENCES: Why Study Global Business? q q q
QUESTION TYPE: q True / False q q
HAS VARIABLES:
q False
LEARNING OBJECTIVES: GLOB.PENG.05.01-02 - LO: 01-02
q q q q
NATIONAL STANDARDS: United States - BUSPROG: Analytic
q q q q q
STATE STANDARDS:q United States - AK - DISC: Creation of Value q q q q q q q q
KEYWORDS: Bloom's: Remember q
DATE CREATED:
q 11/12/2021 2:54 PM q q
DATE MODIFIED:
q 3/5/2022 11:24 AM q q
20. New York has more Fortune Global 500 company headquarters than any other city.
q q q q q q q q q q q q
