Archives: Quiz
978-1259929441 Chapter 13 Part 3
47) ________ enable a firm to reduce the costs of value creation and/or to create perceived value in such a way that premium pricing is possible. A) Core competencies B) Global standardization strategies C) Operations D) Location economies Answer: A […]
978-1259929441 Chapter 13 Part 2
27) Top management should be viewed as part of the firm’s A) primary activities. B) experience curve. C) infrastructure. D) universal strategy. Answer: C Explanation: A support activity is the company infrastructure, or the context within which all the other […]
978-1259929441 Chapter 13 Part 1
International Business, 12e (Hill) Chapter 13 The Strategy of International Business 1) A firm’s strategy can be defined as the actions that managers take to attain the goals of the firm. Answer: TRUE Explanation: A firm’s strategy can be defined […]
978-1259929441 Chapter 12 Part 5
88) ________ can inject risk into foreign currency borrowing. A) Movements in exchange rates B) Use of fixed-exchange rates C) Issue of domestic bonds D) Use of pegged exchange rates Answer: A Explanation: Unpredictable movements in exchange rates can inject […]
978-1259929441 Chapter 12 Part 4
68) Foreign bonds sold in the United States are A) Yankee bonds. B) Uncle Sam‘s bonds. C) Bulldogs. D) Eagles. Answer: A Explanation: Many foreign bonds have nicknames; foreign bonds sold in the United States are called Yankee bonds and […]
978-1259929441 Chapter 12 Part 3
49) In ________, the limited pool of investors implies that borrowers must pay more to persuade investors to lend them their money. A) a purely domestic market B) a mixed market C) an international market D) a purely Euro market […]
978-1259929441 Chapter 12 Part 2
29) ________ perform a direct connection function in capital markets. A) Insurance brokers B) Investment banks C) Pension fund managers D) Commercial banks Answer: B Explanation: Market makers are the financial service companies that connect investors and borrowers. They include […]
978-1259929441 Chapter 12 Part 1
International Business, 12e (Hill) Chapter 12 The Global Capital Market 1) A capital market brings together those who want to invest money and those who want to borrow money. Answer: TRUE Explanation: Capital markets bring together those who want to […]
978-1259929441 Chapter 11 Part 5
87) What is the international monetary system? What are the major trading currencies? Answer: The international monetary system refers to the institutional arrangements that govern exchange rates. The four major trading currencies are the U.S. dollar, the European Union’s euro, […]
978-1259929441 Chapter 11 Part 4
67) Exchange rates are ________ under a pure “free float” system. A) completely balanced B) determined by market forces C) wildly variable and unpredictable D) determined by the government Answer: B Explanation: Under a pure “free float” system, exchange rates […]
978-1259929441 Chapter 11 Part 3
47) The agreement reached at Bretton Woods established the A) International Monetary Fund. B) World Economic Forum. C) United Nations. D) International Atomic Energy Agency. Answer: A Explanation: The agreement reached at Bretton Woods established two multinational institutions—the International Monetary […]
978-1259929441 Chapter 11 Part 2
27) Prior to the introduction of the euro, many EU countries participated in a ________ system, in which the values of a set of currencies are fixed against each other at some mutually agreed upon exchange rate. A) floating exchange […]
978-1259929441 Chapter 11 Part 1
International Business, 12e (Hill) Chapter 11 The International Monetary System 1) The international monetary system refers to the institutional arrangements that govern exchange rates. Answer: TRUE Explanation: The international monetary system refers to the institutional arrangements that govern exchange rates. […]
978-1259929441 Chapter 10 Part 5
89) A(n) ________ involves attempting to collect foreign currency receivables early when a foreign currency is expected to depreciate and paying foreign currency payables before they are due when a currency is expected to appreciate. A) A follower strategy B) […]
978-1259929441 Chapter 10 Part 4
69) Which of the following is referred to as the purchasing power parity puzzle? A) reduced levels of inflation in countries where the growth in the money supply is faster than the growth in its output B) the reason countries […]
978-1259929441 Chapter 10 Part 3
49) ________ is the simultaneous purchase and sale of a given amount of foreign exchange for two different value dates. A) An arbitrage B) A carry trade C) A spot exchange D) A currency swap Answer: D Explanation: A currency […]
978-1259929441 Chapter 10 Part 2
29) The ________ helps consumers compare the relative prices of goods and services in different countries. A) interest rate B) GDP growth rate C) exchange rate D) tariff rate Answer: C Explanation: The exchange rate is the rate at which […]
978-1259929441 Chapter 10 Part 1
International Business, 12e (Hill) Chapter 10 The Foreign Exchange Market 1) The foreign exchange market converts the currency of one country into that of another country. Answer: TRUE Explanation: One function of the foreign exchange market is to convert the […]
978-1259929441 Chapter 1 Part 5
89) Managing an international business is different from managing a purely domestic business for which of the following reasons? A) Countries prefer to keep business transactions between domestic partners. B) The range of problems confronted is wider and more complex. […]
978-1259929441 Chapter 1 Part 4
69) To be classified as an MNE, a company must have productive activities in at least ________ countries. A) two B) three C) four D) twenty Answer: A Explanation: A multinational enterprise (MNE) is any business that has productive activities […]
978-1259929441 Chapter 1 Part 3
49) ________ predicts that the power of microprocessor technology doubles and its cost of production falls in half every 18 months. A) Keynes‘s Law B) Say’s Law C) Moore’s Law D) Sullivan Principle Answer: C Explanation: Moore’s Law predicts that […]
978-1259929441 Chapter 1 Part 2
29) Since the collapse of communism over a quarter of a century ago, formerly communist nations have transformed their economies by globalizing their markets. This involves A) regulating markets. B) privatizing state-owned enterprises. C) decreasing competition. D) reducing foreign investment. […]
978-1259929441 Chapter 1 Part 1
International Business, 12e (Hill) Chapter 1 Globalization 1) Since Wally’s Whistles is a medium-size business, it wouldn’t benefit from globalization. Answer: FALSE Explanation: A company does not have to be the size of multinational giants to facilitate, and benefit from, […]
978-1305280267 Test Bank Chapter 9
Name: Class: Date: Chapter 09: Small-Group Communication and Problem Solving Copyright Cengage Learning. Powered by Cognero. Page 1 1. Group decisions are often less accurate than individual decisions. a. True b. False ANSWER: False POINTS: 1 REFERENCES: Define the term […]
978-1305280267 Test Bank Chapter 8
Name: Class: Date: Chapter 08: The Employment Interview Copyright Cengage Learning. Powered by Cognero. Page 1 1. Veronica is preparing her web resume (e-portfolio). It is important that she remembers to provide a link to a conventional resume. a. True […]
978-1305280267 Test Bank Chapter 7
Name: Class: Date: Chapter 07: Basic Information for All Types of Interviews Copyright Cengage Learning. Powered by Cognero. Page 1 1. A job interview by telephone could take as long as an hour, but most Skype interviews are much shorter. […]
978-1305280267 Test Bank Chapter 6
Name: Class: Date: Chapter 06 Anxiety, Technology, and Other Communication Obstacles Copyright Cengage Learning. Powered by Cognero. Page 1 1. Workers are better at communicating in a virtual environment than they are in a traditional office space. a. True b. […]
978-1305280267 Test Bank Chapter 5
Name: Class: Date: Chapter 05: Nonverbal Communication Copyright Cengage Learning. Powered by Cognero. Page 1 1. To keep discussions to a minimum, arrange the chairs in a circle. a. True b. False ANSWER: False POINTS: 1 REFERENCES: List and discuss […]
978-1305280267 Test Bank Chapter 4
Name: Class: Date: Chapter 04: Effective Listening Copyright Cengage Learning. Powered by Cognero. Page 1 1. Isolated facts by themselves are hard to remember. a. True b. False ANSWER: True POINTS: 1 REFERENCES: Describe the signs of poor listening. 2. […]
978-1305280267 Test Bank Chapter 3
Name: Class: Date: Chapter 03: Handling Conflict, Cultural Diversity, and Relationships Copyright Cengage Learning. Powered by Cognero. Page 1 1. Low context cultures typically tend to rely minimally only on spoken words and handle conflict discretely and subtly. a. True […]
978-1305280267 Test Bank Chapter 2
Name: Class: Date: Chapter 02: Organizations in the Workplace Copyright Cengage Learning. Powered by Cognero. Page 1 1. A systems/contingency manager might say the following: “Regardless of what other managers may say, there is no single best way to manage […]
978-1305280267 Test Bank Chapter 14
Name: Class: Date: Chapter 14: Written Communication Copyright Cengage Learning. Powered by Cognero. Page 1 1. Because there are no facial expressions or gestures to accompany a written message, it is easier to interpret them accurately. a. True b. False […]
978-1305280267 Test Bank Chapter 13
Name: Class: Date: Chapter 13: Persuasive Presentations: Individual or Team Copyright Cengage Learning. Powered by Cognero. Page 1 1. Presenting both sides of an argument serves to “inoculate” the listeners against opposing arguments given later by other speakers or the […]
978-1305280267 Test Bank Chapter 12
Name: Class: Date: Chapter 12: Verbal and Visual Supporting Materials Copyright Cengage Learning. Powered by Cognero. Page 1 1. In an illustration the speaker simply describes the relationship between certain items, makes clear the definition of a term or word, […]
978-1305280267 Test Bank Chapter 11
Name: Class: Date: Chapter 11: Informative Presentations: Plan, Research, Organize, and Deliver Copyright Cengage Learning. Powered by Cognero. Page 1 1. A topical pattern is used to organize a topic when no spatial, chronological, or causal relationship exists between the […]
978-1305280267 Test Bank Chapter 10
Name: Class: Date: Chapter 10: Participation and Leadership in Teams Copyright Cengage Learning. Powered by Cognero. Page 1 1. According to the situational leadership approach, a good leader is flexible and can change styles when needed. a. True b. False […]
978-1305280267 Test Bank Chapter 1
Name: Class: Date: Chapter 01: Communication and Ethics Copyright Cengage Learning. Powered by Cognero. Page 1 1. Communication is often misunderstood to be the process of transferring thoughts and ideas from one person to another. a. True b. False ANSWER: […]
978-1285090894 Test Bank Chapter 9
Name: Class: Date: CHAPTER 09—COMMERCIAL LENDING Copyright Cengage Learning. Powered by Cognero. Page 1 1. Commercial lending practices can apply to individuals as well as businesses. a. True b. False ANSWER: True POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: 9.1.1 – LO: […]
978-1285090894 Test Bank Chapter 8
Name: Class: Date: CHAPTER 08—MORTGAGES Copyright Cengage Learning. Powered by Cognero. Page 1 1. A mortgage is the longest and largest debt most people will ever incur. a. True b. False ANSWER: True POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: 8.2.2 – […]
978-1285090894 Test Bank Chapter 7
Name: Class: Date: CHAPTER 07—BANK LOANS Copyright Cengage Learning. Powered by Cognero. Page 1 1. Personal loans do not require the borrower to state a specific purpose for the funds. a. True b. False ANSWER: True POINTS: 1 LEARNING OBJECTIVES: […]
978-1285090894 Test Bank Chapter 6
Name: Class: Date: CHAPTER 06—NEGOTIABLE INSTRUMENTS Copyright Cengage Learning. Powered by Cognero. Page 1 1. The most common form of negotiable instrument is a promissory note. a. True b. False ANSWER: False POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: 6.1.1 – LO: […]
978-1285090894 Test Bank Chapter 5
Name: Class: Date: CHAPTER 05—DEPOSITS IN BANKS Copyright Cengage Learning. Powered by Cognero. Page 1 1. Most banks offer essentially the same types of accounts. a. True b. False ANSWER: True POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: 5.1.1 – LO: 5.1.1 […]
978-1285090894 Test Bank Chapter 4
Name: Class: Date: CHAPTER 04—MONEY AND INTEREST Copyright Cengage Learning. Powered by Cognero. Page 1 1. The flow of money has a direct effect on how the economy performs. a. True b. False ANSWER: True POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: […]
978-1285090894 Test Bank Chapter 3
Name: Class: Date: CHAPTER 03—THE FEDERAL RESERVE SYSTEM Copyright Cengage Learning. Powered by Cognero. Page 1 1. An increase in money supply and incomes often causes prices to go up as well. a. True b. False ANSWER: True POINTS: 1 […]
978-1285090894 Test Bank Chapter 2
Name: Class: Date: CHAPTER 02—DEVELOPMENT OF THE U.S. BANKING SYSTEM Copyright Cengage Learning. Powered by Cognero. Page 1 1. Money is a medium of exchange for people to use to trade things of value. a. True b. False ANSWER: True […]
978-1285090894 Test Bank Chapter 13
Name: Class: Date: CHAPTER 13—EMPLOYMENT OPPORTUNITIES Copyright Cengage Learning. Powered by Cognero. Page 1 1. The marketing department of a bank provides support services such as bookkeeping and typing. a. True b. False ANSWER: False POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: […]
978-1285090894 Test Bank Chapter 12
Name: Class: Date: CHAPTER 12—BANK MARKETING Copyright Cengage Learning. Powered by Cognero. Page 1 1. Sponsoring sports teams is one way a bank can help create a favorable impression with the public. a. True b. False ANSWER: True POINTS: 1 […]
978-1285090894 Test Bank Chapter 11
Name: Class: Date: CHAPTER 11—SECURITY, FRAUD, AND ETHICS Copyright Cengage Learning. Powered by Cognero. Page 1 1. Bank robbery was a much more serious problem in the 1930s and 1940s. Today, it rarely occurs. a. True b. False ANSWER: False […]
978-1285090894 Test Bank Chapter 10
Name: Class: Date: CHAPTER 10—SPECIALIZED BANK SERVICES Copyright Cengage Learning. Powered by Cognero. Page 1 1. The number of banks that help companies conduct business overseas is declining. a. True b. False ANSWER: False POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: 10.1.1 […]
978-1285090894 Test Bank Chapter 1
Name: Class: Date: CHAPTER 01—THE BUSINESS OF BANKING Copyright Cengage Learning. Powered by Cognero. Page 1 1. A bank is a not-for-profit organization. a. True b. False ANSWER: False POINTS: 1 LEARNING OBJECTIVES: BNKG.CFFT.3.LO: 1.1.1 – LO: 1.1.1 2. All […]