Test Bank Introduction To Global Business 3rd Edition By Julian Gaspar |All Chapters (1-15) Q& As Verified| Grade A+ Assured |ISBN 9780357717011

THIS DOCUMENT BELONGS TO TESTBANKSPROF


Test Bank Introduction To Global Business 3rd Edition
By Julian Gaspar
All Chapters (1-15) Q& As Verified| Grade A+ Assured
ISBN 9780357717011




~1~

,THIS DOCUMENT BELONGS TO TESTBANKSPROF


TABLE OF CONTENTS
Chapter 1: Chapter 01: The Rise of Globalization ......................................................... 3
Chapter 02: The Evolution of International Business ................................................. 19
Chapter 03: Regional Economic Integration ............................................................... 32
Chapter 4: Chapter 04: The International Flow of Funds and Exchange Rates ............ 46
Chapter 05: The Cultural Environment ....................................................................... 59
Chapter 06: The Legal and Political Environment of Global Business ....................... 73
Chapter 07: Corruption and Ethics in Global Business .............................................. 87
Chapter 08: Entry Strategies in Global Business ...................................................... 100
Chapter 09: Control of Global Business .................................................................... 114
Chapter 10: The Organization of Global Business .................................................... 129
Chapter 11: Global Human Resource Management .................................................. 142
Chapter 12: Global Marketing ................................................................................... 156
Chapter 13: Global Operations and Supply-Chain Management ............................... 170
Chapter 14: Global Financial Management ............................................................... 183
Chapter 15: Accounting and Taxation in Global Business ......................................... 196




~2~

, THIS DOCUMENT BELONGS TO TESTBANKSPROF



Chapter 1: Chapter 01: The Rise of Globalization
1. With business becoming increasingly global, its success, fortunately, depends only on the
domestic environment.
a. True
b. False
CORRECT ANSWER False
2. Key aspects of globalization include the elimination of barriers to trade and information
technology.
a. True
b. False
CORRECT ANSWER True
3. The world economy is quickly shifting away from countries with emerging economies.
a. True
b. False
CORRECT ANSWER False
4. The “soft” qualities essential to globalization include openness, protectionism,
accountability, connectivity, democracy, and centralization.
a. True
b. False
CORRECT ANSWER False
5. A sustainable decoupling process would eventually lead to a multi-polar world—a world
economy in which the engines of growth could comprise the United States, the European Union,
China, India, Brazil, Russia, and South Africa rather than the United States alone.
a. True
b. False
CORRECT ANSWER True
6. The openness and proliferation of globalization and free trade rules can best be
attributed to the interwar period between World War I and II.
a. True
b. False
CORRECT ANSWER False




~3~

, THIS DOCUMENT BELONGS TO TESTBANKSPROF


7. As part of the World Bank’s Strategic Framework, there are five focus areas that
accommodate and facilitate the globalization process including its analytical and advisory role
supporting national policies to strengthen free market institutions and infrastructure that has
provided the potential for creating large gains from trade.
a. True
b. False
CORRECT ANSWER True
8. For the World Trade Organization, increasing trade barriers has been one of the most
simple ways to encourage trade and globalization.
a. True
b. False
CORRECT ANSWER False
9. The foundations of the globalized business world are political—and so are the biggest
threats to the system.
a. True
b. False
CORRECT ANSWER True
10. Countries that have successfully adapted to globalization realize that they cannot
succeed without high-quality government management at home.
a. True
b. False
CORRECT ANSWER True
11. In communist and state-controlled economies like those in Central Asia property rights
either do not exist or are not well defined which discourages domestic and foreign investors
from making long-term commitments in these countries.
a. True
b. False
CORRECT ANSWER True
12. Globalized economies like New Zealand and Singapore rank at the top in index for
absence of corruption by Transparency International.
a. True
b. False
CORRECT ANSWER True




~4~