TEST BANK for Global Business 5th Edition by Peng Mike. Complete Chapters 1 - 17

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, and
managing value-added activities in other countries.
a. True
b. False
ANSWER: 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
ANSWER: 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 in
an economy.
a. True
b. False
ANSWER: True
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

4. The fmajority fof fthe fglobal fGDP fis fcontributed fby fthe femerging fmarkets.
a. True
b. False
ANSWER: False
POINTS: 1
DIFFICULTY: Difficulty: fModerate
REFERENCES: Global fBusiness fand fGlobalization fat fa fCrossroads
QUESTION fTYPE: True f/ fFalse
HAS fVARIABLES: False
LEARNING fOBJECTIVES: GLOB.PENG.05.01-05 f- fLO: f01-05
NATIONAL fSTANDARDS: United fStates f- fBUSPROG: fAnalytic
STATE fSTANDARDS: United fStates f- fAK f- fDISC: fEnvironmental
fInfluence
KEYWORDS: Bloom's: fRemember
DATE fCREATED: 11/12/2021 f2:54 fPM
DATE fMODIFIED: 3/5/2022 f11:24 fAM

5. Purchasing fpower fparity f(PPP) fis fa fconversion fthat fdetermines fthe fequivalent famount fof fgoods fand fservices
fdifferentfcurrencies fcan fpurchase.
a. True
b. False
ANSWER: True
POINTS: 1
DIFFICULTY: Difficulty: fEasy
REFERENCES: Global fBusiness fand fGlobalization fat fa fCrossroads
QUESTION fTYPE: True f/ fFalse
HAS fVARIABLES: False
LEARNING fOBJECTIVES: GLOB.PENG.05.01-05 f- fLO: f01-05
NATIONAL fSTANDARDS: United fStates f- fBUSPROG: fAnalytic
STATE fSTANDARDS: United fStates f- fAK f- fDISC: fEnvironmental
fInfluence
KEYWORDS: Bloom's: fRemember
DATE fCREATED: 11/12/2021 f2:54 fPM
DATE fMODIFIED: 3/5/2022 f11:24 fAM

6. Purchasing fpower fparity f(PPP) fis fcalculated fas fthe fsum fof fvalue fadded fby fresident ffirms, fhouseholds, fand