Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

The global economy may be viewed as a pyramid.The growing number of opportunities at the base of the pyramid highlights the role this bottom tier will play in the years to come.How can MNEs take advantage of this often-ignored level?

Accepted Answer

The global economy can be viewed as a py

Question 3

Purchasing power parity (PPP)is a conversion that determines the equivalent amount of goods and services different currencies can purchase.

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

An international premium is a significant pay raise awarded to expatriate employees working abroad.

Accepted Answer

A) True 
 B)False

Question 6

A dragon multinational is a name given to MNEs from emerging markets.

Accepted Answer

A) True 
 B)False

Question 7

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 8

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 9

Most opponents of globalization view globalization as a long-run historical evolution since trade began.

Accepted Answer

A) True 
 B)False

Question 10

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 11

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 12

Gross domestic product (GDP)is the sum of value added by resident firms,households,and governments operating in an economy.

Accepted Answer

A) True 
 B)False

Question 13

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____.

Accepted Answer

A)  postulates the ideology of localization 
B)  supports the ideology of total globalization 
C)  focuses on the internal strengths on the firm 
D)  advocates adopting a single method for achieving globalization 
A)  postulates the ideology of localization 
B)  supports the ideology of total globalization 
C)  focuses on the internal strengths on the firm 
D)  advocates adopting a single method for achieving globalization

Question 14

The liability of foreignness is the inherent disadvantage faced by _____.

Accepted Answer

A)  domestic firms against other domestic firms that have engaged in global business 
B)  foreign firms in host nations due to their non-native status 
C)  domestic firms from foreign firms setting up in their country 
D)  foreign firms from their home country governments 
A)  domestic firms against other domestic firms that have engaged in global business 
B)  foreign firms in host nations due to their non-native status 
C)  domestic firms from foreign firms setting up in their country 
D)  foreign firms from their home country governments

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

Which of the following would be regarded as a dragon MNE?

Accepted Answer

A)  MNEs from developed countries 
B)  MNEs belonging to the Triad economies 
C)  MNEs coming exclusively from the European Union 
D)  MNEs from emerging markets 
A)  MNEs from developed countries 
B)  MNEs belonging to the Triad economies 
C)  MNEs coming exclusively from the European Union 
D)  MNEs from emerging markets

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

How is reverse innovation helping emerging economies?

Accepted Answer

One interesting recent development out o

Question 20

Approximately _____ people are employed by foreign-owned firms throughout the world.

Accepted Answer

A)  80 million 
B)  40 million 
C)  18 million 
D)  1 million 
A)  80 million 
B)  40 million 
C)  18 million 
D)  1 million

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

The global economy may be viewed as a pyramid.The growing number of opportunities at the base of the pyramid highlights the role this bottom tier will play in the years to come.How can MNEs take advantage of this often-ignored level?

Purchasing power parity (PPP)is a conversion that determines the equivalent amount of goods and services different currencies can purchase.

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

An international premium is a significant pay raise awarded to expatriate employees working abroad.

A dragon multinational is a name given to MNEs from emerging markets.

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

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

Most opponents of globalization view globalization as a long-run historical evolution since trade began.

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

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

Gross domestic product (GDP)is the sum of value added by resident firms,households,and governments operating in an economy.

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____.

The liability of foreignness is the inherent disadvantage faced by _____.

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

Which of the following would be regarded as a dragon MNE?

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

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

How is reverse innovation helping emerging economies?

Approximately _____ people are employed by foreign-owned firms throughout the world.

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

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

The global economy may be viewed as a pyramid.The growing number of opportunities at the base of the pyramid highlights the role this bottom tier will play in the years to come.How can MNEs take advantage of this often-ignored level?

Purchasing power parity (PPP)is a conversion that determines the equivalent amount of goods and services different currencies can purchase.

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

An international premium is a significant pay raise awarded to expatriate employees working abroad.

A dragon multinational is a name given to MNEs from emerging markets.

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

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

Most opponents of globalization view globalization as a long-run historical evolution since trade began.

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

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

Gross domestic product (GDP)is the sum of value added by resident firms,households,and governments operating in an economy.

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____.

The liability of foreignness is the inherent disadvantage faced by _____.

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

Which of the following would be regarded as a dragon MNE?

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

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

How is reverse innovation helping emerging economies?

Approximately _____ people are employed by foreign-owned firms throughout the world.

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