Test Bank for International Business 3rd Edition by Geringer & McNett | Verified Exam Questions & Answers

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) ______

, 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