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The institution-based view argues that institutional forces provide an answer to similarities in firm performance but not differences

The institution-based view argues that institutional forces provide an answer to similarities in firm performance but not differences.

a. Trueb. False

12.As illustrated by Cengage Learning’s penetration of the China market with Global Strategy (opening case), the idea that firms must “think global and act local” simultaneously is simply not possible.

a. Trueb. False

13.The earliest MNEs existed in some form thousands of years ago in the Assyrian, Phoenician, and Roman empires.

a. Trueb. False

14.According to the text, today’s most successful MNEs far exceed the historical clout of some MNEs such as Britain’s East India Company during colonial times.

a. Trueb. False

15.During the second half of the twentieth century, Hong Kong, Singapore, South Korea, and Taiwan, refused to participate in the global economy and became known as the “Four Toothless Tigers.”

a. Trueb. False

16.During the 1990s there was an increase in both global trade and opposition to global trade.

a. Trueb. False

17.Semiglobalization involves doing business in either the northern or southern hemisphere but not both.

a. Trueb. False

18.Beginning in the late 1990s and early twenty first century, a corporate governance crisis has developed.

a. Trueb. False

19.According to the text, business students may tend to focus more on the economic gains of globalization, and be less concerned with its darker sides.

a. Trueb. False

20.A lot of opponents of globalization are nongovernmental organizations (NGOs), such as environmentalists and consumer groups.

a. Trueb. False

Feb 14 2020 View more View Less

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