Question 1

New York has more Fortune Global 500 company headquarters than any other city.

Accepted Answer

A) True 
 B)False  False

Question 2

Focusing on a firm's internal resources and capabilities is the main emphasis of the resource-based view.

Accepted Answer

A) True 
 B)False  True

Question 3

People who earn _____ a year comprise the base of the global economic pyramid.

Accepted Answer

A)  between $2,000 to $20,000 
B)  less than $2,000 
C)  between $20,000 to $40,000 
D)  more than $40,000 
A)  between $2,000 to $20,000 
B)  less than $2,000 
C)  between $20,000 to $40,000 
D)  more than $40,000 B

Question 4

Scenario planning is a technique to prepare and plan exclusively for high risk scenarios.

Accepted Answer

A) True 
 B)False

Question 5

All the countries of the BRIC belong to the top tier of the global economic pyramid.

Accepted Answer

A) True 
 B)False

Question 6

More than half the GDP produced by emerging markets comes from outside the BRIC countries.

Accepted Answer

A) True 
 B)False

Question 7

The term "base of the pyramid" represents economies where individuals make less than $2,000 a year.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following would lead to the standardization of world markets?

Accepted Answer

A)  Semiglobalization 
B)  Localization 
C)  Total globalization 
D)  Total isolation 
A)  Semiglobalization 
B)  Localization 
C)  Total globalization 
D)  Total isolation

Question 9

Explain the success and failure of global firms based on institution- and resource-based views.

Accepted Answer

An institution-based view suggests that

Question 10

Which of the following is true of the Group of 20 (G-20)?

Accepted Answer

A)  It only has 19 member countries. 
B)  It doesn't represent any European nation. 
C)  It meets annually to discuss environmental issues. 
D)  It includes many regional blocs. 
A)  It only has 19 member countries. 
B)  It doesn't represent any European nation. 
C)  It meets annually to discuss environmental issues. 
D)  It includes many regional blocs.

Question 11

People who live in the Triad countries comprise the _____ of the global economic pyramid.

Accepted Answer

A)  top tier 
B)  second tier 
C)  base 
D)  outlier 
A)  top tier 
B)  second tier 
C)  base 
D)  outlier

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

Without adjusting for PPP,emerging economies contribute about 30% of the global GDP.Adjusting for PPP,they now contribute approximately 50% of the global GDP.The reason there is a huge difference between the two measures is because

Accepted Answer

A)  the cost of living in emerging economies tends to be lower than that in developed economies. 
B)  the purchasing power parity is much higher in emerging countries. 
C)  the population in emerging economies is much higher than that in developed economies. 
D)  the deficit spending in emerging economies is much larger than that in developed economies. 
A)  the cost of living in emerging economies tends to be lower than that in developed economies. 
B)  the purchasing power parity is much higher in emerging countries. 
C)  the population in emerging economies is much higher than that in developed economies. 
D)  the deficit spending in emerging economies is much larger than that in developed economies.

Question 14

Viewing the global economy as a pyramid,the Triad refers to _____.

Accepted Answer

A)  Taiwan, Hong Kong, and South Korea 
B)  US, the EU, and China 
C)  Brazil, India, and China 
D)  North America, Western Europe, and Japan 
A)  Taiwan, Hong Kong, and South Korea 
B)  US, the EU, and China 
C)  Brazil, India, and China 
D)  North America, Western Europe, and Japan

Question 15

Semiglobalization is primarily caused by the practice of total isolation.

Accepted Answer

A) True 
 B)False

Question 16

Reverse innovation is an example of bottom up innovation.

Accepted Answer

A) True 
 B)False

Question 17

The _____ view suggests that the success and failure of firms are largely determined by their environments.

Accepted Answer

A)  institution-based 
B)  stakeholder-based 
C)  resource-based 
D)  capability-based 
A)  institution-based 
B)  stakeholder-based 
C)  resource-based 
D)  capability-based

Question 18

Which of the following would be an example of a top down innovation?

Accepted Answer

A)  Lowering prices and features of existing products to meet emerging market needs 
B)  Launching a product in and for emerging economies 
C)  Adopting an innovation first in emerging economies and then diffusing it around the world 
D)  Introducing products from emerging markets into developed markets 
A)  Lowering prices and features of existing products to meet emerging market needs 
B)  Launching a product in and for emerging economies 
C)  Adopting an innovation first in emerging economies and then diffusing it around the world 
D)  Introducing products from emerging markets into developed markets

Question 19

The emerging markets of the world are placed at the top of the global economic pyramid.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is true of semiglobalization?

Accepted Answer

A)  It is a type of globalization that adopts a strategy of treating the entire world as one market. 
B)  It is a type of globalization that lies between total isolation and total globalization. 
C)  It is a form of globalization that treats each country as a unique market. 
D)  It is a form of globalization that considers each nation in isolation when conducting business. 
A)  It is a type of globalization that adopts a strategy of treating the entire world as one market. 
B)  It is a type of globalization that lies between total isolation and total globalization. 
C)  It is a form of globalization that treats each country as a unique market. 
D)  It is a form of globalization that considers each nation in isolation when conducting business.

New York has more Fortune Global 500 company headquarters than any other city.

Focusing on a firm's internal resources and capabilities is the main emphasis of the resource-based view.

People who earn _____ a year comprise the base of the global economic pyramid.

Scenario planning is a technique to prepare and plan exclusively for high risk scenarios.

All the countries of the BRIC belong to the top tier of the global economic pyramid.

More than half the GDP produced by emerging markets comes from outside the BRIC countries.

The term "base of the pyramid" represents economies where individuals make less than $2,000 a year.

Which of the following would lead to the standardization of world markets?

Explain the success and failure of global firms based on institution- and resource-based views.

Which of the following is true of the Group of 20 (G-20)?

People who live in the Triad countries comprise the _____ of the global economic pyramid.

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

Without adjusting for PPP,emerging economies contribute about 30% of the global GDP.Adjusting for PPP,they now contribute approximately 50% of the global GDP.The reason there is a huge difference between the two measures is because

Viewing the global economy as a pyramid,the Triad refers to _____.

Semiglobalization is primarily caused by the practice of total isolation.

Reverse innovation is an example of bottom up innovation.

The _____ view suggests that the success and failure of firms are largely determined by their environments.

Which of the following would be an example of a top down innovation?

The emerging markets of the world are placed at the top of the global economic pyramid.

Which of the following is true of semiglobalization?

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

Exam 1: Globalizing Business

New York has more Fortune Global 500 company headquarters than any other city.

Focusing on a firm's internal resources and capabilities is the main emphasis of the resource-based view.

People who earn _____ a year comprise the base of the global economic pyramid.

Scenario planning is a technique to prepare and plan exclusively for high risk scenarios.

All the countries of the BRIC belong to the top tier of the global economic pyramid.

More than half the GDP produced by emerging markets comes from outside the BRIC countries.

The term "base of the pyramid" represents economies where individuals make less than $2,000 a year.

Which of the following would lead to the standardization of world markets?

Explain the success and failure of global firms based on institution- and resource-based views.

Which of the following is true of the Group of 20 (G-20)?

People who live in the Triad countries comprise the _____ of the global economic pyramid.

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

Without adjusting for PPP,emerging economies contribute about 30% of the global GDP.Adjusting for PPP,they now contribute approximately 50% of the global GDP.The reason there is a huge difference between the two measures is because

Viewing the global economy as a pyramid,the Triad refers to _____.

Semiglobalization is primarily caused by the practice of total isolation.

Reverse innovation is an example of bottom up innovation.

The _____ view suggests that the success and failure of firms are largely determined by their environments.

Which of the following would be an example of a top down innovation?

The emerging markets of the world are placed at the top of the global economic pyramid.

Which of the following is true of semiglobalization?

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