Test Bank For Global Business International Edition 3rd Edition by Mike Peng

Drawing from the combined experiences of Mike Peng and Klaus Meyer International Business provides a comprehensive insight into contemporary business practices. Covering recent global developments and current issues such as Brexit, as well as the historical context of international business, the third edition highlights the complex nature of global business.

Chapter 1—Globalizing Business

TRUE/FALSE

1. A multinational enterprise is a firm that engages in foreign direct investment by directly managing value-added activities in other countries.

ANS: T PTS: 1 DIF: Difficulty: Easy
OBJ: LO: 1-1 NAT: BUSPROG: Analytic
STA: DISC: Creation of Value KEY: Bloom’s: Knowledge

2. The term “emerging markets” refers to all markets other than the developed markets.

ANS: T PTS: 1 DIF: Difficulty: Easy
OBJ: LO: 1-1 NAT: BUSPROG: Analytic
STA: DISC: Strategy KEY: Bloom’s: Knowledge