Introduction

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Introduction
International Trade and Foreign Direct Investment
Culture and Business
World Economies
Global and Regional Economic Cooperation and Integration
International Monetary System
Foreign Exchange and the Global Capital Markets
International Expansion and Global Market Opportunity Assessment
Exporting,Importing,and Global Sourcing
Strategy and International Business
Global Entrepreneurship and Intrapreneurship
Winning Through Effective,global Talent Management
Harnessing the Engine of Global Innovation
Competing Effectively Through Global Marketing,Distribution,and Supply-Chain Management
Understanding the Roles of Finance and Accounting in Global Competitive Advantage

All Questions

Question 1

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International business relates to any situation where the production or distribution of goods or services crosses country borders.

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Question 2

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Globalization can be defined only in terms of markets but not in terms of production.

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Question 3

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International transfers of resources,such as people,intellectual property,and contractual assets or liabilities,do not form a part of international business.

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Question 4

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The knowledge of both strategic management and entrepreneurship enhances one's understanding of international business.

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Question 5

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Strategic management is mainly concerned with the determinants of a firm's performance.

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Question 6

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Global business professionals conduct stakeholder analysis in order to understand how operations in different countries impact the overall corporate strategy.

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Question 7

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International business would not be relevant to an organization if it only produced and sold its products in one country.

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Question 8

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Stakeholder analysis refers to the recognition of opportunities and the use of resources to implement innovative ideas for new,thoughtfully planned ventures.

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Question 9

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A stakeholder refers to a person within an established business who takes direct responsibility for turning an idea into a profitable finished product through assertive risk taking and innovation.

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Question 10

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The government of any country is generally not considered to be a stakeholder in any business venture.

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Question 11

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A business can be a person or organization engaged in commerce with the aim of achieving a profit.

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Question 12

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The social or environmental performance of an organization is irrelevant as long as it is earning profits.

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Question 13

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Foreign direct investment means that a firm is investing assets directly into a foreign country's buildings,equipment,or organizations.

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Question 14

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The greater the level of standardization in operations,both within and across markets,the greater is the possibility of global efficiency.

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Question 15

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Google locates its computer-server farms close to wind farms that produce power because it is one of the cheapest sources of electricity.

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Question 16

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Globalization is fueled largely by declining trade and investment barriers and new technologies,such as the Internet.

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Question 17

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The flat-world view is largely credited to Milton Friedman.

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Question 18

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Google and other technology companies are able to do business globally because the laws governing the Internet are the same everywhere.

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Question 19

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Many people consider globalization a modern phenomenon,but according to Friedman,this is its third stage.

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Question 20

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The second stage of global development began with advances in global electronic interconnectivity that allowed individuals to communicate as never before.

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