Test Bank for International Business 3rd Edition by Michael Geringer and Jeanne McNett

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TEST BANK FOR
International Business, 3rd Edition Geringer
Chapter 1-15 Answers are at the end of Each Chapter



Chapter 1

Student name:
1) Discuss the three environments in which an international company operates.

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Bloom's : Understand
Difficulty : 2 Medium
Gradable : manual


2) Identify and give an example of each of the five major kinds of drivers that are leading
international firms to the globalization of their operations.

,Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Difficulty : 2 Medium
Topic : Drivers of Globalization
Learning Objective : 01-04 Identify the kinds of drivers that are leading firms to internationalize t
Gradable : manual




3) Discuss the arguments supporting and opposing globalization of trade and investment. Do
you think globalization is, overall, a positive development or a negative one for the world?
Explain.

,Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Bloom's : Understand
Difficulty : 2 Medium
Topic : What Is Globalization?
Learning Objective : 01-05 Compare the key arguments for and against the globalization of business.
Gradable : manual


4) The operations of a company outside its home or domestic market are known as
business.
4)


Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic


5) A(n) company is a company with operations in multiple nations.
5)

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic


6) The term refers to all the forces influencing the life and development of the
firm.

6)

, Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Bloom's : Remember
Difficulty : 1 Easy
Gradable : automatic


7) The internal forces over which management does have some control, such as the factors
of production and the activities of the organization, are called the forces.
7)

Question Details
AACSB : Reflective Thinking
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Gradable : automatic
Bloom's : Understand
Difficulty : 2 Medium


8) A company uses a foreign agent to warehouse and deliver its goods in a foreign country.
This illustrates the external force.
8)

Question Details
Accessibility : Keyboard Navigation
Accessibility : Screen Reader Compatible
Learning Objective : 01-01 Show how international business differs from domestic business.
Topic : Why Study International Business
Gradable : automatic
Difficulty : 2 Medium
Bloom's : Apply
AACSB : Knowledge Application




9) When a home country does business in a foreign country, it must obey all the laws of the
host country. This represents the external force.
9)