11.In addition to their regular compensation, managers working abroad are awarded with
a.Global fringe benefits
b.Foreign pension plan
c.International premium
d.Health insurance
12.When an expat employee returns to her or his current employer but the employer does not provide attractive opportunities, she/he often may be hired by a competitor firm. Why?
a.Competitor firms are also interested in globalizing their business.
b.Former expats bring instant expertise and experience.
c.Competing firms will pay a higher premium for expertise.
d.All of these answers
13.Why study global business?
a.In order to increase one's employability
b.In order not to get Bangalored or Shanghaied
c.In order to better understand how to become a sought-after, globe-trotting manager
d.All of these answers
14.How many individuals are employed by foreign-owned firms throughout the world?
a.About 80 millionc.About 18 million
b.About 40 milliond.About 1 million
15.In order to answer the question: "What determines the success and failures of firms around the globe?," the author introduces which two core perspectives?
a.Capability- and asset-based views
b.Formal- and informal-rule-based views
c.Institution- and resource-based views
d.Ability- and mobility-based views
16.What defines the field of global business more than anything else?
a.The focus on firm performance around the globe
b.The focus on ROI of the global venture
c.The focus on maximizing profits while minimizing expenses
d.The focus on global expansion
17.The ____-based view suggests that the formal and informal rules of the game, known as institutions, shed a great deal of light on what is behind firm performance around the globe.
a.Resourcec.Capability
b.Assetd.Institution
18.The ____-based view suggests that in order to achieve remarkable success, a firm must possess some very rare and powerful firm-specific resources and capabilities that are the envy of their rivals around the globe.
a.Resourcec.Capability
b.Assetd.Institution
19.Which of the following is NOT a view on globalization stressed by the author?
a.A new force sweeping through the world in recent times
b.A long-run historical evolution since the dawn of human history
c.A pendulum that swings from one extreme to another from time to time
d.A force empowered by recent political decisions
20.More than half of the world GDP growth in recent years comes from ____.
a.The Four Tigers (Hong-Kong, Singapore, South Korea, and Taiwan)
b.Latin America
c.Central and Eastern Europe
d.Emerging economies, such as BRIC (Brazil, Russia, India, and China)
21.The pendulum view of globalization is embraced by:
a.Globalization's opponents and skeptics
b.Globalization's proponents and enthusiasts
c.Globalization's realists aware of historical cycles that globalization has gone through
d.Most MNEs and their lobbyists
22.Which expression does the author use to describe contemporary globalization?
a.Global localizationc.Semiglobalization
b.Total globalizationd.Global standardization
23.The world economy at the beginning of the 21st century is an approximately:
a.$10 trillion economy
b.$23 trillion economy
c.$60 trillion economy
d.$72 trillion economy
