TEST BANK
Introduction to Global Business: Understanding the International Environment & Global Business
Julian Gaspar
3rd Edition
Chapters 1-15 (Questions with Verified Answers)
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Table of Contents
Part I: Foundations of Global Business
1. The Rise of Globalization
2. The Evolution of International Business
3. Regional Economic Integration
4. The International Flow of Funds and Exchange Rates
Part II: Global Business Environment
5. The Cultural Environment of Global Business
6. The Legal, Economic and Political Environment of Global Business
7. Corruption and Ethics in Global Business
Part III: Global Business Strategy and Organization
8. Entry Strategies in Global Business
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9. Control of Global Business
10. The Organization of Global Business
Part IV: Managing Global Business
11. Global Human Resource Management
12. Global Marketing
13. Global Operations and Supply-Chain Management
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14. Global Financial Management
15. Global Accounting and Taxation
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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
ANSWER: False
2. Key aspects of globalization include the elimination of barriers to trade and information technology.
a. True
b. False
ANSWER: True
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3. The world economy is quickly shifting away from countries with emerging economies.
a. True
b. False
ANSWER: False
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4. The “soft” qualities essential to globalization include openness, protectionism, accountability, connectivity,
democracy, and centralization.
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a. True
b. False
ANSWER: False
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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
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
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ANSWER: False
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