Test Bank for International Business, 17th edition by Daniels.pdf

,Internationalm Business:m Environmentsm andm Operations,m 15em (Danielsmetmal.)m
Chapterm1m GlobalizationmandmInternationalmBusiness

1) Themwideningmset mof minterdependent mrelationshipsmamongmpeoplemfrommdifferent mpartsmof mt
hemworld mismknownmasm .
A) globalization
B) offshoring
C) franchising
D) outsourcing
mAnswer:m A mD

iff:m1
LearningmOutcome:m Discussmtrendsminmand mthemdebatemovermglobalizationmSk
ill:m Concept
Objective:m 2
AACSB:m Diversemand mmulticulturalmworkmenvironments

2) Whichmof mthemfollowingmbest mdefinesminternationalmbusiness?
A) It mincludesmallmeconomicmflowsmbetweenmtwomormmoremcountries.
B) It mincludesmallmprivatemeconomicmflowsmbetweenmtwomormmoremcountries.
C) It mincludesmallmbusinessmtransactionsminvolvingmtwomormmoremcountries.
D) It mincludesmallmbusinessmtransactionsminmcountriesmothermthanmyourmhomemcountr
y.mAnswer:m C
Diff:m2
LearningmOutcome:m Definemthemfundamentalmconceptsmof minternationalmbusiness
mSkill:m Concept

Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments

3) Whichmof mthemfollowingmismNOTmamlikelymreasonmtomstudyminternationalmbusiness?
A) Globalmeventsmaffect malmost mallmcompanies.
B) Differencesmamongmcountriesminmphysical,msocial,mand mcompetitivemconditionsmmaymcau
semcompaniesmtomaltermtheirmoperatingmmethodsmfrommcountrymtomcountry.
C) Businessmconducted moutsidemthemlimitsmof manymonemcountrymisminexplicablymonmthemdecline.
D) Firmsmmaymbembettermablemtomobtainmbettermormlessmexpensivemresourcesmbymoperati
ngminternationally.
Answer:m CmDif
f:m3
LearningmOutcome:m Definemthemfundamentalmconceptsmof minternationalmbusiness
mSkill:m Concept

Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments




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Copyright m©m2015 mPearson mEducation,mIn
c.

,4) Inmtermsmof minternationalmbusiness,mit mismmost maccuratemtomsaymthat m .
A) theremismamuniversalm"best mway"mtomconduct mbusiness
B) globalmcompetitionmaffectsmlargemcompaniesmbut mnot msmallmones
C) most mfirmsmdepend meithermonmforeignmmarketsmand msuppliesmormcompetemagainst mcompaniesmt
hat mdo
D) government mregulationmof minternationalmbusinessmhasmlittlemeffect monmamcompany'smprofi
tsmAnswer:m C
Diff:m2
LearningmOutcome:m Discussmtrendsminmand mthemdebatemovermglobalizationmSk
ill:m Concept
Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments

5) Devon,manmaccountsmmanagermat mamlargemelectronicsmfirm,mdoesmnot mhavemanymdirect minternatio
nalmresponsibilities;mhowever,mDevonmwould mmost mlikelymbenefit mfrommstudyingminternationalmbu
sinessmissuesmsomthat mhemcanm .
A) conduct mbettermjobminterviews
B) bettermunderstand mhowmforeignmoperationsmaffect mthemcompany'smcompetitivemposition
C) supervisemand mevaluatemsubordinatesmwhomhavemglobalmassignments
D) understand mthemlegalitiesmof mimportingmand mexportingmproductsmoverse
asmAnswer:m B
Diff:m2
Skill:m Applicationm
Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments

6) Themshiftingmof mnationalmbordersmhasmmost mlikelymcreated mwhichmof mthemfollowingmsituationsm
forminternationalmbusiness?
A) It mhasmleft mruralmresidentsmmoremisolated mfrommtechnology.
B) It mhasmcomplicated mthemunderstandingmof mbehavioralmfactorsmaffectingmbusiness.
C) It mhasmincreased mphysicalmbarriersmtomexporting.
D) It mhasmslowed mcommunicationsmbetweenmamcompany'smheadquartersmand mforeignmoperation
s.mAnswer:m C
Diff:m3
LearningmOutcome:m Discussmtrendsminmand mthemdebatemovermglobalizationmSk
ill:m Concept
Objective:m 2
AACSB:m Diversemand mmulticulturalmworkmenvironments




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Copyright m©m2015 mPearson mEducation,mIn
c.

, 7) Whichmof mthemfollowingmismanmindicationmof mthemincreased mglobalizationmof mbusinessmsincemt
hemend mof mWorld mWarmII?
A) Foreignmtrademhasmlargelymreplaced mforeignmownershipmasmammeansmof mconductingminternation
almbusiness.
B) World mtrademhasmgrownmmoremrapidlymthanmworld mproduction.
C) Globally,mconsumersmnow mdepend monmforeignmoutput mformmoremthanmhalf mtheirmconsumption.
D) Countriesmhavemincreased mtheirmimport mrestrictionsmtomcountermthemrisingmtidemof mimpor
ts.mAnswer:m B
Diff:m3
LearningmOutcome:m Discussmtrendsminmand mthemdebatemovermglobalizationmSk
ill:m Concept
Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments

8) Most mof mthemworld'smgoodsmand mservicesmaremsold m .
A) inminternationalmmarkets
B) inmthemcountriesmwheremtheymaremproduced
C) throughmexportsmtomsmallmcountries
D) throughmexportsmtomlargemcountrie
smAnswer:m B
Diff:m2
LearningmOutcome:m Discussmtrendsminmand mthemdebatemovermglobalizationmSk
ill:m Concept
Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments

9) AccordingmtomthemA.T.mKearny/ForeignmPolicymGlobalizationmIndex,mcountriesm .
A) tend mtombemranked msimilarlymonmallmfourmdimensions
B) aremmoremglobalized monmthempoliticalmdimensionmthanmonmpersonalmcontact
C) that maremlargeminmland mmassmand mpopulationmaremlessmglobalized mthanmsmallmcountries
D) sometimesmrankmhighmonmonemdimensionmand mlowmonmanoth
ermAnswer:m D
Diff:m2
LearningmOutcome:m Discussmtrendsminmand mthemdebatemovermglobalizationmSk
ill:m Concept
Objective:m 1
AACSB:m Diversemand mmulticulturalmworkmenvironments




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Copyright m©m2015 mPearson mEducation,mIn
c.