Test Bank for Global Strategy, 5th Edition by Mike Peng.pdf

Testk Bankk Fork Global k Businessk 5th k Edition k Byk Mikek Pengk (All k Chapters,k 100%k Original k Verified,k A+k Grade)
Name: Class: Date:

Chapter k01 k-kIntroduction

Indicatekwhetherkthekstatementkisktruekorkfalse.

1. Ak multinationalkenterprisekiskakfirmkthatk engageskinkforeign kdirectk investmentkbykdirectly kinvestingk in,kcontrolling,kand k
managingk value-added k activitiesk in k otherk countries.
a. True
b. False

2. Thek termk “emergingk markets” k refersk to k thek fastest-growingk developingk economies.
a. True
b. False

3. Grossk domestick productk (GDP)kisktheksumkofkvaluekaddedkbykresidentkfirms,khouseholds,kandk governmentsk operatingk in k
an k economy.
a. True
b. False

4. Thek majority k of k thek globalk GDPk isk contributed k by k thek emergingk markets.
a. True
b. False

5. Purchasingkpowerkparity k(PPP)kiskakconversionkthatkdetermineskthekequivalentk amountk ofkgoodskandk serviceskdifferentk
currenciesk can k purchase.
a. True
b. False

6. Purchasingkpowerkparity k(PPP)kiskcalculated kasktheksumk ofkvaluekaddedkby kresidentkfirms,khouseholds,kandk governmentsk
operatingk in k an k economy.
a. True
b. False

7. Globalk businessk includesk both k internationalk and k domestic k businessk activities.
a. True
b. False

8. Internationalk businessk can k bek defined k ask thek investmentk in,k controlling,k and k managingk value-
added k activitiesk in k otherk countries.
a. True
b. False

9. On k thekglobalkeconomic kpyramid,kthekTriad krefersk tokdevelopedkeconomieskconsistingk ofkNorth kAmerica,kEurope,kand k
Japan.
a. True
b. False

10. Allk thek countriesk of k thek BRICk belongk to k thek top k tierk of k thek globalk economic k pyramid.
a. True

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,Name: Class: Date:

Chapter k01k-kIntroduction

b.k False

11. Thek second ktierkofkthekglobalk economickpyramid k isk madek up k of k countriesk with k ak perk capitak annualk income k of k morek than
$20,000.
a. True
b. False

12. Thek emergingk marketsk of k thek world k arek placed k atk thek top k of k thek globalk economic k pyramid.
a. True
b. False

13. Thek globalk economick pyramid k doesk notk representk countriesk thatk havek ak perk capitak annualk incomek of k lessk than k $2,000.
a. True
b. False

14. Thektermk "basek of k thek pyramid"k representsk economiesk wherek individualsk makek lessk than k $2,000 k ak year.
a. True
b. False

15. Reversek innovationsk arek innovationsk thatk arek adopted k firstk in k thek Triad-
based k multinationalsk and k then k diffused k around k thek world.
a. True
b. False

16. Reversek innovation k isk an k example k of k bottom k up k innovation.
a. True
b. False

17. Thek Group k of k 20 k includesk thek European k Union k (EU)—ak regionalk bloc.
a. True
b. False

18. Globalization k hask driven k up k thek salariesk of k low-levelk jobs.
a. True
b. False

19. An k internationalk premium k isk ak significantk pay k raisek awarded k to k expatriate k employeesk workingk abroad.
a. True
b. False

20. Newk York k hask morek Fortune kGlobalk 500 k company k headquartersk than k any k otherk city.
a. True
b. False

21. Overall,k thekfocuskonkfirmkperformance k around k thek globek definesk thek field k of k globalk businessk morek than k anythingk else.
a. True
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,Name: Class: Date:

Chapter k01k-kIntroduction

b.k False

22. An k institution-
based kviewksuggestskthatktheksuccessk and kfailurekofkfirmskarekenabled kandkconstrainedkby kbusinesskrulesk andknormskofk thek h
ostk nation.
a. True
b. False

23. Formalk institutionsk include k laws,k regulations,k and k rules.
a. True
b. False

24. Thek institution-based k viewk placesk emphasisk on k thek externalk factorsk thatk could k affectk ak firm.
a. True
b. False

25. Focusingk on k ak firm’sk internalk resourcesk and k capabilitiesk isk thek main k emphasisk of k thek resource-based k view.
a. True
b. False

26. Liability k ofkforeignnesskiskthekinherentkdisadvantage kexperienced kby kforeign kfirmskin khostk countriesk becausekofktheirk
non-nativek status.
a. True
b. False

27. Mostk opponentsk of k globalization k viewk itk ask ak long-run k historicalk evolution k sincek tradek began.
a. True
b. False

28. Accordingkto kthekpendulumkviewkofkglobalization,kglobalizationk iskakrelatively knewkphenomenonktriggeredkbyktheki
nformation k revolution k of k thek early k 1990s.
a. True
b. False

29. Scenario k planningk isk ak technique k to k preparek and k plan k exclusively k fork high-risk k scenarios.
a. True
b. False

30. Standardization k of k marketsk would k lead k to k ak statek of k semiglobalization.
a. True
b. False

31. Semiglobalization k isk primarily k caused k by k thek practice k of k totalk isolation.
a. True
b. False


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, Name: Class: Date:

Chapter k01k-kIntroduction

b.k False
32. Thek currentk statek of k globalization k around k thek world k isk thatk of k semiglobalization.




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