Recording of historic events by historians belonging to different cultures gives us a
subjective view of history.
Using foreign-country middlemen moves the manufacturer away from the market and
the company becomes less involved with problems of language, physical distribution,
communications, and financing.
Channels of distribution often pose longevity problems.
Moving their businesses outside the political boundaries of the home country, exempts
the companies from the home-country laws.
The Omnibus Trade and Competitiveness Act of 1988 focuses on assisting businesses to
be more competitive in world markets as well as on correcting perceived injustice in
trade practices.
A product whose design reflects the needs and expectations of the buyer-no more, no
less-is a quality product.
International warfare is fast gaining popularity among nations.
In general, tariffs decrease inflationary pressures.
Customizing a product to suit the specific needs of a market will enhance the quality of
a product more than just selling products that use the latest technology.
Companies that are serious about restricting the gray market must establish and monitor
controls that effectively police distribution channels.
Common law is based on an all-inclusive system of written rules of law.
According to Everett Rogers, what is the element that differentiates diffusion from other
types of communications research?
A. Breakthrough innovation
B. Communications channels
C. Time
D. Social system
E. Government system
Which of the following is true regarding the impact of globalization on domestic
markets in the United States?
A. Companies with only domestic markets have been able to sustain their customary
rates of growth.
B. Multinational companies are making more profits from their domestic operations
compared to their earnings from the foreign markets.
C. Only multinational companies with large production facilities have succeeded in the
international markets.
D. The domestic companies have reduced their manufacturing employment more than
the US multinationals.
E. Multinational manufacturing companies in all industries and sizes have outperformed
their domestic counterparts.
Which is the comprehensive free trade agreement among Costa Rica, the Dominican
Republic, El Salvador, Guatemala, Honduras, Nicaragua, and the United States that
includes a wide array of tariff reductions aimed at increasing trade and employment?
A. DR-CAFTA
B. NAFTA
C. CFTA
D. Jamaica
E. Mercosur
The basis for _____ is the interpretation of the Koran.
A. common law
B. code law
C. Islamic law
D. Marxist-socialist tenets
E. legal tradition
_____ planning integrates generalized goals for the enterprise as a whole.
A. Operational
B. Tactical
C. Corporate
D. Strategic
E. Personnel
Which of the following types of samples should be used when detailed and accurate
information is not available for a sampling universe?
A. A derivatized sample.
B. A cluster sample.
C. A convenience sample.
D. A systematized sample.E. A probability sample.
Juliet is concerned with the potential for political harassment when her company enters
a new international market. To reduce the risk of political harassment, she will consider
using _____ to enter the market.
A. externally produced products
B. a smaller investment base
C. foreign technology
D. joint ventures
E. sole-proprietorships
Mercosur is a free trade group formed by the United States of America.
Which of the following terms pertains to societies in which people from birth onward
are integrated into strong, cohesive groups?
A. Power distance
B. Individualism
C. Uncertainty
D. Collectivism
E. Masculinity
In the context of social responsibility and environmental management, which of the
following is a byproduct of pollution controls?
A. Corporate environmental responsibility.
B. Higher tariffs against developing countries.
C. The disposal of hazardous waste.
D. Reduced availability of petroleum products.
E. The emission of greenhouse gases.
Which of the following has been at the forefront of the “green movement”?
A. The United States
B. Japan
C. Europe
D. OPEC countries
E. NAFTA countries
Which of the following best explains the low percentage of women chosen for
international assignments in the United States?
A. The traditional role of women as homemakers and caregivers does not allow for
international assignments.
B. Women managers from the United States have a poorer track record when compared
to their male counterparts.
C. Prejudice faced by American women executives in foreign, male-dominated societies
is exaggerated.
D. There is a wide spread belief that roles of women in male-dominated societies
precludes women from being successful in these societies.
E. Expenses involved in sending a women executive abroad are far higher than the
expenses in sending a man abroad.
Which of the following sources of energy has a greater emphasis in North America?
A. Animal wastes
B. Natural gas
C. Coal
D. Oil
E. Wood
In the international communications process, the sales force of a company that conveys
the encoded content to the intended receiver acts as a _____.
A. decoder
B. message source
C. receiver
D. message channel
E. noise
Most middlemen have little loyalty to their vendors. They handle brands in good times
when the line is making money but quickly reject such products within a season or a
year if they fail to produce during that period. This is an example of problems
associated with which of the following six Cs of distribution channel strategy?
A. Character
B. Continuity
C. Control
D. Cost
E. Capital requirement
Which of the following statements is true of a traditional distribution structure?
A. The distribution system is national in scope.
B. The relationship between the importer and any middleman is similar to that found in
a mass-marketing system.
C. The idea of a channel as a chain of intermediaries performing specific activities and
each selling to a smaller unit beneath it until the chain reaches the ultimate consumer is
common.
D. Independent agencies providing functions such as advertising, marketing research,
and financing are a part of this distribution structure.
E. The marketing system develops around the philosophy of selling a limited supply of
goods at high prices to a small number of affluent customers.
Which of the following was the most significant move of the 1980s that contributed
toward international cooperation among trading nations?
A. Formation of the United Nations Development Programme.
B. Creation of the United Nations.
C. Establishment of the World Trade Organization.
D. Signing of the Montreal Protocol.
E. Negotiation of the General Agreement on Tariffs and Trade
What is the regional cooperation for development?
Write a short note on the Commonwealth of Independent States.
In the context of cultural change, write a short note on the resistance to change in
different cultures.
Explain how the “alien status” of a company amplifies the political and legal issues
faced by the company in a foreign market.
One of the basic elements of the General Agreement on Tariffs and Trade (GATT) is
that:A. member nations are exempt from import tariffs to other member nations.
B. all tariffs shall be abolished among member nations at the time of membership.
C. the World Court shall review all claims and make final judgments.
D. trade shall be conducted on a nondiscriminatory basis.
E. trade in services and investments will be excluded from the purview of the GATT.
List the major agreements reached during the Uruguay Round of GATT negotiations.
Which was the most notable achievement of the Uruguay Round?
How do differences in perceptions of objectivity affect international negotiations?
Provide an example to support your answer.
Which were the two major challenges faced by U.S. multinational corporations at the
close of the 1960s?A. The creation of the Soviet Union and the higher tariffs on
imports.
B. Growing jingoistic nationalism and a negative population growth rate in major
international markets.
C. Resistance to direct investment and increasing competition in export markets.
D. Increasing Chinese domination in the manufacturing sector and the falling dollar in
global markets.
E. Political intervention in free trade movement and growing influence of consumer
rights advocacy in the home market.