Multinational Financial Management 10th Edition 题库ch01

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1、Chapter1,IntroductionCHAPTER1IntroductionEASY(definitional)1.1Historically,theprimarymotiveforU.S.multinationalstoproduceabroadhasbeentoa)lowercostsb)respondmorequicklytothemarketplacec)avoidtradebarriersd)gaintaxbenefitsAns:bSection:evolutionofmultinational

2、Level:Easy1.2Theprimaryobjectiveofthemultinationalcorporationistoa.)maximizeshareholderwealthb)maximizeworldproductionc)minimizedebtd)minimizethecostofdoingbusinessgloballyAns:aSection:MultinationalFinancialManagement:TheoryandPracticeLevel:Easy1.3__________

3、__isdefinedasthepurchaseofassetsorcommoditiesononemarketforimmediateresaleonanotherinordertoprofitformapricediscrepancy.a)internationalizationb)arbitragec)financingd)totalriskAns:bSection:evolutionofmultinationalLevel:Easy1.4Thevalueofgoodfinancialmanagement

4、is___________intheglobalmarketsbecauseofthemuchgreaterprobabilityofmarketimperfectionsandmultipletaxrates.a)minimizedb)neutralizedc)enhancedd)arbitragedawayAns:cSection:roleofthefinancialexecutiveChapter1,IntroductionLevel:Easy1.3Whenafirmoperatesgloballyito

5、ffersadvantagessuchasa)greaterpoliticalpowerathomeb)blesstaxesonitsprofitsc)greaternegotiatingpowerwithforeignminoritygroupsd)greaternegotiatingpowerwithlaborunionsAns:dSection:TheriseoftheMNCLevel:Easy1.4Theprimetransmitterofglobalcompetitiveforcesisthea)pu

6、blicutilityfirmb)financialmanagementexperienceoftheU.S.marketsc)themultinationalcorporationd)theFederalReserveSystemoftheU.S.Ans:cSection:riseofthemultinationalLevel:Easy1.7___________weretheearliestmultinationals.a)raw-materialseekersb)marketseekersc)costmi

7、nimizersd)oilcompaniesAns:aSection:rawmaterialseekersLevel:Easy1.8The___________arethearchetypeofthemodernmultinationalfirmthatgoesoverseastoproduceandsellinforeignmarkets.a)costminimizersb)marketseekersc)raw-materialseekersd)whalingcompaniesAns:bSection:mar

8、ketseekersLevel:Easy1.9___________arearecentcategoryofmultinationalsthatseekoutandinvestinlowercostproductionsitesoverseas.a)CostminimizersChapter1,Introductionb)Marketseekersc)Raw-materialseeke