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Test Bank For Global Business Today, 8th Edition

Review for your exam confidently with Test Bank For Global Business Today, 8th Edition, a guide designed to cover key topics and test your knowledge.

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1-1Chapter 01GlobalizationTrue / False Questions1.As a result of globalization, we have been moving toward a world in which national economiesare relatively self-contained entities.TrueFalse2.By offering the same basic productworldwide, firms help to create a global market.TrueFalse3.A company has to be the size of a multinational giant to facilitate, and benefit from, theglobalization of markets.TrueFalse4.As a result ofglobalization, companies rarely need to customize marketing strategies, productfeatures, and operating practices in different countries.TrueFalse5.Globalization has resulted ingreater uniformity replacing diversity across nationalmarkets.TrueFalse6.Asfirms follow each other around the world, they bring with them many of the assets that servedthem well in other national markets. Thus, greater diversity replaces uniformity.TrueFalse7.Substantial impediments, such as barriers to foreign direct investment, make it difficult for firms toachieve the optimal dispersion of their productive activities to locations around the globe.TrueFalse

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Subject
Business Management
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Global Business Today by Charles Hi...

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