Test Bank for Global Business Today, 12th Edition by Charles Hill
488 views 11 purchases
Course
MGMT
Institution
MGMT
Test Bank for Global Business Today 12e 12th Edition by Charles Hill. ISBN-13: 7503
Full Chapters test bank
PART ONE Introduction and Overview
Chapter One Globalization
PART TWO National Differences
Chapter Two National Differences in Political, Economic, and Legal Systems
Chapter T...
CHAPTER 01 12e
TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
1) In the past ten years, increasing barriers to cross-border trade have made it harder for
businesses to sell internationally.
⊚ true
⊚ false
2) To truly benefit from globalization, a firm needs to be a multinational conglomerate
rather than a small or mid-size company.
⊚ true
⊚ false
3) In today’s marketplace, outsourcing efforts are confined to manufacturing activities.
⊚ true
⊚ false
4) Transportation costs and the managerial challenge of coordinating a globally dispersed
supply chain are just two of the impediments companies face when trying to achieve optimal
dispersion of their products between countries.
⊚ true
⊚ false
5) The WTO polices the world trading system and without this organization, the
globalization of markets might not be where it is today.
⊚ true
⊚ false
6) Foreign direct investment (FDI) occurs when a firm invests resources in business
activities outside its home country.
⊚ true
⊚ false
7) The retaliatory trade policies of the 1920s and 1930s contributed to the Great Depression.
1
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Tutor247. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $39.99. You're not tied to anything after your purchase.