DOWNLOAD THE Test Bank for Global Business 4th Edition Mike Peng
a a a a a a a a a a
Chapter 2 Understanding Formal Institutions Politics Laws an
a a a a a a a
d Economics
a
TRUEFALSE
1. Institutionalaframeworka pertainsaonlya toaaafirm'sa behavior.
(A) True
(B) False
Answera :a (B)
2. Anainstitutionalaframeworkaisamadeaupaofaformalaandainformalainstitutionsagoverningaindividuala
andafirmabehavior.
(A) True
(B) False
Answera :a (A)
3. Thea lawsa ofa aa countrya area parta ofa thea formala institution.
(A) True
(B) False
Answera :a (A)
4. Thearegulatoryapillarasupportsa bothainformalaandaformalainstitutions.
(A) True
(B) False
Answera :a (B)
5. Theanormativeapillarasupportsainformalainstitutions.
(A) True
(B) False
Answera :a (A)
6. Thea valuesa anda beliefsa ofa aa culturea area examplesa ofa aa formala institution.
mynursytest.store
,DOWNLOAD THE Test Bank for Global Business 4th Edition Mike Peng
a a a a a a a a a a
(A) True
(B) False
Answera :a (B)
7. Cognitivea pillara isa thea coercivea powera ofa governments.
(A) True
(B) False
Answera :a (B)
8. Forceamajeureaisaaamethodaofainterpretingaaastatuteabyaunderstandingathealegislativeahistorya l
eadingaupatoatheaadoptionaofathatastatute.
(A) True
(B) False
Answera :a (B)
9. Disablinga formala institutesa doesa nota affecta transactiona costs.
(A) True
(B) False
Answera :a (B)
10. Opportunisma isa aa sourcea ofa transactiona costs.
(A) True
(B) False
Answera :a (A)
11. Transitiona economiesa havea statica institutions.
(A) True
(B) False
Answera :a (B)
12. Accordinga toa thea institution-baseda view,a managersa anda firmsa makea choicesa outsidea institutional
mynursytest.store
, DOWNLOAD THE Test Bank for Global Business 4th Edition Mike Peng
a a a a a a a a a a
constraints.
(A) True
(B) False
Answera :a (B)
13. Propositiona1aofatheainstitution-basedaviewaspecificallyaconcernsa boundedarationality.
(A) True
(B) False
Answera :a (A)
14. Economica systemsa area examplesa ofa formala institutions.
(A) True
(B) False
Answera :a (A)
15. Right-
wingatotalitarianismarefersatoatheamonopolizationaofapowerainatheahandsaofaaacommunistaparty.
(A) True
(B) False
Answera :a (B)
16. Theocraticatotalitarianismarefersatoatheamonopolizationaofapoliticalapowerainatheahandsaofaonear
eligiousaparty.
(A) True
(B) False
Answera :a (A)
17. Totalitariana countriesa havea lessa politicala riska thana democratica ones.
(A) True
(B) False
Answera :a (B)
mynursytest.store
a a a a a a a a a a
Chapter 2 Understanding Formal Institutions Politics Laws an
a a a a a a a
d Economics
a
TRUEFALSE
1. Institutionalaframeworka pertainsaonlya toaaafirm'sa behavior.
(A) True
(B) False
Answera :a (B)
2. Anainstitutionalaframeworkaisamadeaupaofaformalaandainformalainstitutionsagoverningaindividuala
andafirmabehavior.
(A) True
(B) False
Answera :a (A)
3. Thea lawsa ofa aa countrya area parta ofa thea formala institution.
(A) True
(B) False
Answera :a (A)
4. Thearegulatoryapillarasupportsa bothainformalaandaformalainstitutions.
(A) True
(B) False
Answera :a (B)
5. Theanormativeapillarasupportsainformalainstitutions.
(A) True
(B) False
Answera :a (A)
6. Thea valuesa anda beliefsa ofa aa culturea area examplesa ofa aa formala institution.
mynursytest.store
,DOWNLOAD THE Test Bank for Global Business 4th Edition Mike Peng
a a a a a a a a a a
(A) True
(B) False
Answera :a (B)
7. Cognitivea pillara isa thea coercivea powera ofa governments.
(A) True
(B) False
Answera :a (B)
8. Forceamajeureaisaaamethodaofainterpretingaaastatuteabyaunderstandingathealegislativeahistorya l
eadingaupatoatheaadoptionaofathatastatute.
(A) True
(B) False
Answera :a (B)
9. Disablinga formala institutesa doesa nota affecta transactiona costs.
(A) True
(B) False
Answera :a (B)
10. Opportunisma isa aa sourcea ofa transactiona costs.
(A) True
(B) False
Answera :a (A)
11. Transitiona economiesa havea statica institutions.
(A) True
(B) False
Answera :a (B)
12. Accordinga toa thea institution-baseda view,a managersa anda firmsa makea choicesa outsidea institutional
mynursytest.store
, DOWNLOAD THE Test Bank for Global Business 4th Edition Mike Peng
a a a a a a a a a a
constraints.
(A) True
(B) False
Answera :a (B)
13. Propositiona1aofatheainstitution-basedaviewaspecificallyaconcernsa boundedarationality.
(A) True
(B) False
Answera :a (A)
14. Economica systemsa area examplesa ofa formala institutions.
(A) True
(B) False
Answera :a (A)
15. Right-
wingatotalitarianismarefersatoatheamonopolizationaofapowerainatheahandsaofaaacommunistaparty.
(A) True
(B) False
Answera :a (B)
16. Theocraticatotalitarianismarefersatoatheamonopolizationaofapoliticalapowerainatheahandsaofaonear
eligiousaparty.
(A) True
(B) False
Answera :a (A)
17. Totalitariana countriesa havea lessa politicala riska thana democratica ones.
(A) True
(B) False
Answera :a (B)
mynursytest.store
