Question 1

The _____ view of global business focuses on internal factors that can help a firm overcome its external environment.

Accepted Answer

A)  resource-based 
B)  industry-based 
C)  socio-cultural 
D)  institution-based 
A)  resource-based 
B)  industry-based 
C)  socio-cultural 
D)  institution-based

Question 2

The term "emerging markets" refers to all markets other than the developed markets.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following countries would be characterized as an emerging economy?

Accepted Answer

A)  Brazil 
B)  USA 
C)  Germany 
D)  Japan 
A)  Brazil 
B)  USA 
C)  Germany 
D)  Japan

Question 4

Which of the following is true of economies in the base of the global economic pyramid?

Accepted Answer

A)  They are composed of developed economies. 
B)  They are composed of people from North America, Western Europe, and Japan. 
C)  They are largely ignored by MNEs. 
D)  They attract the largest FDI from MNEs. 
A)  They are composed of developed economies. 
B)  They are composed of people from North America, Western Europe, and Japan. 
C)  They are largely ignored by MNEs. 
D)  They attract the largest FDI from MNEs.

Question 5

Which of the following countries is represented in the Triad of the global economic pyramid?

Accepted Answer

A)  India 
B)  China 
C)  Japan 
D)  Russia 
A)  India 
B)  China 
C)  Japan 
D)  Russia

Question 6

Which of the following countries is included in BRIC?

Accepted Answer

A)  Belgium 
B)  Russia 
C)  Italy 
D)  Canada 
A)  Belgium 
B)  Russia 
C)  Italy 
D)  Canada

Question 7

Which of the following would be an example of a product undergoing reverse innovation on the global economic pyramid?

Accepted Answer

A)  Triad nation to Triad nation 
B)  Triad nation to second tier nation 
C)  Second tier to base tier nation 
D)  Base tier nation to Triad nation 
A)  Triad nation to Triad nation 
B)  Triad nation to second tier nation 
C)  Second tier to base tier nation 
D)  Base tier nation to Triad nation

Question 8

The term "emerging economies" has replaced the term _____.

Accepted Answer

A)  developed countries 
B)  developing countries 
C)  Triad markets 
D)  first-world markets 
A)  developed countries 
B)  developing countries 
C)  Triad markets 
D)  first-world markets

Question 9

The institution-based view places emphasis on the external factors that could affect a firm.

Accepted Answer

A) True 
 B)False

Question 10

Reverse innovations are innovations that are adopted first in the Triad-based multinationals and then diffused around the world.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following does the institution-based view of global business lay emphasis on?

Accepted Answer

A)  Acquiring resources that belong to the host nation 
B)  Consolidating the internal assets of a firm 
C)  Focusing on the capabilities of the firm's headquarters 
D)  Understanding the laws and values of the firm's host nation 
A)  Acquiring resources that belong to the host nation 
B)  Consolidating the internal assets of a firm 
C)  Focusing on the capabilities of the firm's headquarters 
D)  Understanding the laws and values of the firm's host nation

Question 12

Expats often receive significant _____.

Accepted Answer

A)  international premiums 
B)  government assistance 
C)  economic penalties 
D)  decreases in income 
A)  international premiums 
B)  government assistance 
C)  economic penalties 
D)  decreases in income

Question 13

Liability of foreignness is the inherent disadvantage experienced by foreign firms in host countries because of their non-native status.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following is true of globalization according to the "pendulum view" perspective?

Accepted Answer

A)  Globalization is being interrupted by artificial barriers to the flows of goods, services, capital, and knowledge. 
B)  Globalization is a Western ideology focused on exploiting and dominating the world through MNEs. 
C)  Globalization is a not a one-directional phenomenon. 
D)  Globalization is a recent phenomenon of human trade. 
A)  Globalization is being interrupted by artificial barriers to the flows of goods, services, capital, and knowledge. 
B)  Globalization is a Western ideology focused on exploiting and dominating the world through MNEs. 
C)  Globalization is a not a one-directional phenomenon. 
D)  Globalization is a recent phenomenon of human trade.

Question 15

The strategy of treating each country as a unique market and in total isolation is referred to as _____.

Accepted Answer

A)  total globalization 
B)  standardization 
C)  semiglobalization 
D)  localization 
A)  total globalization 
B)  standardization 
C)  semiglobalization 
D)  localization

Question 16

On the global economic pyramid,the Triad refers to developed economies consisting of North America,Western Europe,and Japan.

Accepted Answer

A) True 
 B)False

Question 17

The _____ is measured as the sum of value added by resident firms,households,and governments operating in an economy.

Accepted Answer

A)  gross national product 
B)  gross national income 
C)  gross domestic product 
D)  national reserve 
A)  gross national product 
B)  gross national income 
C)  gross domestic product 
D)  national reserve

Question 18

More than 25% of global GDP comes from _____.

Accepted Answer

A)  the Four Asian Tigers (Hong-Kong, Singapore, South Korea, and Taiwan) 
B)  MIKT (Mexico, Indonesia, South Korea, Turkey) 
C)  the Commonwealth of Independent States 
D)  BRICS countries 
A)  the Four Asian Tigers (Hong-Kong, Singapore, South Korea, and Taiwan) 
B)  MIKT (Mexico, Indonesia, South Korea, Turkey) 
C)  the Commonwealth of Independent States 
D)  BRICS countries

The _____ view of global business focuses on internal factors that can help a firm overcome its external environment.

The term "emerging markets" refers to all markets other than the developed markets.

Which of the following countries would be characterized as an emerging economy?

Which of the following is true of economies in the base of the global economic pyramid?

Which of the following countries is represented in the Triad of the global economic pyramid?

Which of the following countries is included in BRIC?

Which of the following would be an example of a product undergoing reverse innovation on the global economic pyramid?

The term "emerging economies" has replaced the term _____.

The institution-based view places emphasis on the external factors that could affect a firm.

Reverse innovations are innovations that are adopted first in the Triad-based multinationals and then diffused around the world.

Which of the following does the institution-based view of global business lay emphasis on?

Expats often receive significant _____.

Liability of foreignness is the inherent disadvantage experienced by foreign firms in host countries because of their non-native status.

Which of the following is true of globalization according to the "pendulum view" perspective?

The strategy of treating each country as a unique market and in total isolation is referred to as _____.

On the global economic pyramid,the Triad refers to developed economies consisting of North America,Western Europe,and Japan.

The _____ is measured as the sum of value added by resident firms,households,and governments operating in an economy.

More than 25% of global GDP comes from _____.

Understanding Formal Institutions: Politics, laws, and Economics

Emphasizing Informal Institutions: Cultures, ethics, and Norms

Leveraging Resources and Capabilities

Trading Internationally

Investing Abroad Directly

Dealing With Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing,structuring,and Learning Around the World

Competing on Marketing and Supply Chain Management

Managing Human Resources Globally

Financing and Governing the Corporation Globally

Managing Corporate Social Responsibility Globally

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Exam 1: Globalizing Business

The _____ view of global business focuses on internal factors that can help a firm overcome its external environment.

The term "emerging markets" refers to all markets other than the developed markets.

Which of the following countries would be characterized as an emerging economy?

Which of the following is true of economies in the base of the global economic pyramid?

Which of the following countries is represented in the Triad of the global economic pyramid?

Which of the following countries is included in BRIC?

Which of the following would be an example of a product undergoing reverse innovation on the global economic pyramid?

The term "emerging economies" has replaced the term _____.

The institution-based view places emphasis on the external factors that could affect a firm.

Reverse innovations are innovations that are adopted first in the Triad-based multinationals and then diffused around the world.

Which of the following does the institution-based view of global business lay emphasis on?

Expats often receive significant _____.

Liability of foreignness is the inherent disadvantage experienced by foreign firms in host countries because of their non-native status.

Which of the following is true of globalization according to the "pendulum view" perspective?

The strategy of treating each country as a unique market and in total isolation is referred to as _____.

On the global economic pyramid,the Triad refers to developed economies consisting of North America,Western Europe,and Japan.

The _____ is measured as the sum of value added by resident firms,households,and governments operating in an economy.

More than 25% of global GDP comes from _____.

Understanding Formal Institutions: Politics, laws, and Economics

Emphasizing Informal Institutions: Cultures, ethics, and Norms

Leveraging Resources and Capabilities

Trading Internationally

Investing Abroad Directly

Dealing With Foreign Exchange

Capitalizing on Global and Regional Integration

Growing and Internationalizing the Entrepreneurial Firm

Entering Foreign Markets

Managing Global Competitive Dynamics

Making Alliances and Acquisitions Work

Strategizing,structuring,and Learning Around the World

Competing on Marketing and Supply Chain Management

Managing Human Resources Globally

Financing and Governing the Corporation Globally

Managing Corporate Social Responsibility Globally

Filters