Test Bank for Global Business Today, 12th Edition by Charles Hill
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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
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