TEST BANK - Global Business Today 12th Edition By Charles Hill, All Chapters 1 - 17, Complete Newest Version

TEST BANK For Global Business Today,
ss ss ss ss ss ss




12th Edition By Charles Hill Chapters 1 - 17
ss ss ss ss ss ss ss ss

,Chapter ssOne ssGlobalization ss




PART ssTWO ssNational ssDifferences
Chapter ssTwo ssNational ssDifferences ssin ssPolitical, ssEconomic, ssand ssLegal ssSystems ss
Chapter ssThree ssNational ssDifferences ssin ssEconomic ssDevelopment ss
Chapter ssFour ssDifferences ssin ssCulture ss
Chapter ssFive ssEthics, ssCorporate ssSocial ssResponsibility, ssand ssSustainability ss




PART ssTHREE ssThe ssGlobal ssTrade ssand ssInvestment ssEnvironment
Chapter ssSix ssInternational ssTrade ssTheory ss
Chapter ssSeven ssGovernment ssPolicy ssand ssInternational ssTrade ss
Chapter ssEight ssForeign ssDirect ssInvestment ss
Chapter ssNine ssRegional ssEconomic ssIntegration ss




PART ssFOUR ssThe ssGlobal ssMonetary ssSystem
Chapter ssTen ssThe ssForeign ssExchange ssMarket ss
Chapter ssEleven ssThe ssInternational ssMonetary ssSystem ss




PART ssFIVE ssThe ssStrategy ssof ssInternational ssBusiness
Chapter ssTwelve ssThe ssStrategy ssof ssInternational ssBusiness ss
Chapter ssThirteen ssEntering ssDeveloped ssand ssEmerging ssMarkets ss




PART ssSIX ssInternational ssBusiness ssFunctions
Chapter ssFourteen ssExporting, ssImporting, ssand ssCountertrade ss
Chapter ssFifteen ssGlobal ssProduction ssand ssSupply ssChain ssManagement ss
Chapter ssSixteen ssGlobal ssMarketing ssand ssBusiness ssAnalytics ss
Chapter ssSeventeen ssGlobal ssHuman ssResource ssManagement ss ss

,Answers ssare ssat ssthe ssend ssof sseach sschapter

Chapter ss01

ss GlobalizationTs rue ss/

ss False ssQuestions

1. As ssa ssresult ssof ssglobalization, sswe sshave ssbeen ssmoving sstoward ssa ssworld ssin sswhich ssnational
sseconomiessare ssrelatively ssself-contained ssentities.




True False

2. By ssoffering ssthe sssame ssbasic ssproduct ssworldwide, ssfirms sshelp ssto sscreate ssa ssglobal

market.Ts rue False
ss



3. A sscompany sshas ssto ssbe ssthe sssize ssof ssa ssmultinational ssgiant ssto ssfacilitate, ssand ssbenefit
ssfrom, sstheg s lobalization ssof ssmarkets.




True False

4. As ssa ssresult ssof ssglobalization, sscompanies ssrarely ssneed ssto sscustomize ssmarketing ssstrategies,
ssproductf
s eatures, ssand ssoperating sspractices ssin ssdifferent sscountries.




True False

5. Globalization sshas ssresulted ssin ssgreater ssuniformity ssreplacing ssdiversity ssacross ssnational

ss markets.Ts rue False

6. As ssfirms ssfollow sseach ssother ssaround ssthe ssworld, ssthey ssbring sswith ssthem ssmany ssof ssthe
ssassets ssthats s erved ssthem sswell ssin ssother ssnational ssmarkets. ssThus, ssgreater ssdiversity ssreplaces


ssuniformity.




True False

7. Substantial ssimpediments, sssuch ssas ssbarriers ssto ssforeign ssdirect ssinvestment, ssmake ssit ssdifficult
ssfor ssfirmst
s o ssachieve ssthe ssoptimal ssdispersion ssof sstheir ssproductive ssactivities ssto sslocations ssaround ssthe


ssglobe.




True False

8. The ssWorld ssTrade ssOrganization, ssthe ssInternational ssMonetary ssFund ssand ssits sssister
ssinstitution sstheW
s orld ssBank, ssand ssthe ssUnited ssNations sswere ssall sscreated ssby ssvoluntary ssagreement
ssbetween ssindividual ssnation- ssstates.




True False

, 9. The ssInternational ssMonetary ssFund ssand ssthe ssWorld ssBank sswere ssboth sscreated ssin ss1944 ssby ss44
ssnationst
s hat ssmet ssat ssBretton ssWoods, ssNew ssHampshire.




True False

10. The ssWTO ssis ssseen ssas ssthe sslender ssof sslast ssresort ssto ssnation-states sswhose sseconomies ssare
ssin ssturmoila
s nd sswhose sscurrencies ssare sslosing ssvalue ssagainst ssthose ssof ssother ssnations.




True False

11. The ssIMF ssis ssless sscontroversial ssthan ssits sssister ssinstitution, ssthe ssWorld

Bank.Ts rue
ss False

12. In ssreturn ssfor ssloans, ssthe ssIMF ssrequires ssnation-states ssto ssadopt ssspecific sseconomic sspolicies
ssaimed ssatrs eturning sstheir sstroubled sseconomies ssto ssstability ssand ssgrowth.




True False

13. Foreign ssdirect ssinvestment ss(FDI) ssoccurs sswhen ssa ssfirm ssinvests ssresources ssin ssbusiness
ssactivitiessoutside ssits sshome sscountry.




True False

14. After ssWorld ssWar ssII, ssthe ssadvanced ssnations ssof ssthe ssWest sscommitted ssthemselves ssto
ssincreasingsbarriers ssto ssthe ssfree ssflow ssof ssgoods, ssservices, ssand sscapital ssbetween ssnations.




True False

15. The ssUruguay ssRound, ssheld ssunder ssthe ssumbrella ssof ssGATT, ssextended ssGATT ssto sscover
ssservices ssas sswella
s s ssmanufactured ssgoods.




True False

16. The sslowering ssof sstrade ssand ssinvestment ssbarriers ssallows ssfirms ssto ssbase ssproduction ssat ssthe
ssoptimalslocation ssfor ssthat ssactivity.




True False

17. As ssa ssresult ssof ssinternational sstrade, ssthe sseconomies ssof ssthe ssworld’s ssnation-states ssare
ssbecoming sslessi s ntertwined.




True False

18. The ssglobalization ssof ssmarkets ssand ssproduction ssand ssthe ssresulting ssgrowth ssof ssworld sstrade,
ssforeignsdirect ssinvestment, ssand ssimports ssall ssimply ssthat ssfirms ssare ssfinding ssit sseasier ssto ssprotect


ssthemselves ssfrom




the ssattack ssof ssforeign sscompetitors.