Test Bank for International Business, 3rd Edition by Geringer Chapter 1-15 Answers are at the end of Each Chapter

Test Bank for International Business, 3rd Edition by 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) ______ 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 Bloom's : Understand Difficulty : 2 Medium AACSB : Knowledge Application 10) A jewelry company opened offices in Botswana to be closer to the diamond mines that supplied their business. This illustrates the effect of the ________ external force in international business. 10) ______ 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 11) The ________ environment is all the uncontrollable forces originating in the home country that surround and influence the life and development of the firm. 11) ______ 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 12) The ________ environment refers to all the uncontrollable forces originating outside the home country that surround and influence the firm. 12) ______ 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 13) When an affiliate in one country does business with customers in another, it is operating in the ________ environment. 13) ______ 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 14) A company controlled by another company that is located in a foreign land, and this control may be exercised by a variety of means, both those involving stock ownership and those involving nonownership mechanisms, is a(n) ________. 14) ______ 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 15) If Xiaomi's China operations export smartphones to another country such as India, then the sales manager is affected by forces of both the domestic environment of China and the foreign environment of India and therefore is working in the ________ environment. 15) ______ 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 16) Unconscious reference to your own cultural values when judging behaviors of others in a new and different environment is known as the ________ criterion. 16) ______ 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 17) A ________ enterprise is made up of entities in more than one nation, operating under a decision-making system that allows a common strategy and coherent policies. 17) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Gradable : automatic Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-03 Discuss the dramatic internationalization of business. Topic : The Changing Nature of the Global Economy 18) ________ refers to the purchase of equipment, structures, and organizations in a foreign country at a level sufficient to obtain significant management control. 18) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Gradable : automatic Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-03 Discuss the dramatic internationalization of business. Topic : The Changing Nature of the Global Economy 19) ________ is the transportation of any domestic good or service to a destination outside a country or region. 19) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Bloom's : Remember Difficulty : 1 Easy Gradable : automatic Learning Objective : 01-03 Discuss the dramatic internationalization of business. Topic : The Changing Nature of the Global Economy 20) ________ is the transportation of any good or service into a country or region, from a foreign origination point. 20) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Bloom's : Remember Difficulty : 1 Easy Gradable : automatic Learning Objective : 01-03 Discuss the dramatic internationalization of business. Topic : The Changing Nature of the Global Economy 21) Although merchandise exports have grown faster than world output in nearly every year since 1960, the level of ________ exports worldwide has grown even more rapidly during this time. 21) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Gradable : automatic Bloom's : Understand Difficulty : 2 Medium Learning Objective : 01-03 Discuss the dramatic internationalization of business. Topic : Drivers of Globalization 22) According to the text, preferential trading agreements are examples of ________ drivers of globalization. 22) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Gradable : automatic 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 23) Advances in global communications networks are examples of ________ drivers contributing to the globalization of business operations. 23) ______ Question Details AACSB : Reflective Thinking Accessibility : Keyboard Navigation Accessibility : Screen Reader Compatible Gradable : automatic 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 24) A ________ driving force for globalization is the fact that companies are defending their home markets from competitors by entering the competitors' home markets to distract them. 24) ______