The shipping companies collect the taxes for products that are sold by a company
through the Internet to customers outside its home country.
Political and social activists have no impact on the normal flow of trade.
Licensing is least effective when the technology is unique.
From a sociological point of view, any idea perceived as new by a group of people is an
innovation.
For most U.S. managers, judgment and intuition are the only basis for making
decisions.
Japan is an exceptional place because on almost every dimension of negotiation style
considered, the Japanese are on or near the end of the scale.
The idea of wide sharing in decision making is consistent with the views that one
controls one’s own destiny.
The availability of minerals and the ability to generate energy are the foundations of
modern technology.
Tariffs are often used as reprisals against protectionist moves of trading partners.
As businesses grow and professional management develops, there is a shift toward
centralized management decision making.
To deal with problems in analyzing and interpreting research information in the
international marketplace, the marketing researcher must possess three talents. Which
of the following is one of those talents?
A. The ability to work within assigned budget.
B. Creative talent for adapting research methods.
C. Proven talent to use and apply advanced statistics.
D. Superior logical ability.
E. The ability to extrapolate home-country data.
_____ generally involves giving large sums of money-frequently not properly
accounted for-designed to entice an official to commit an illegal act on behalf of the one
offering the bribe.
A. Agent charges
B. Lubrication
C. Extortion
D. Subornation
E. Ransom
_____ includes an understanding of how a society’s culture and economy are affected as
a nation struggles to supply its people’s needs within the limits imposed by its physical
makeup.
A. Remote sensing
B. Geography
C. Cartography
D. Demography
E. Geomatics
Meteora Inc. is planning to enter the African market through its mobile phone
manufacturing operations in Kenya. Which of the following could favor a positive
relation with the host country?
A. Meteora Inc. using their manufacturing unit as an export base.
B. Meteora Inc. importing phone components from China.
C. Meteora having an R&D center in California and have all technology patented there.
D. Having most of Meteora Inc.’s middle and upper management be expatriates.
E. Meteora bargaining for a tax holiday for the next five financial years.
With which of the following would the phrase “Buy American” be most closely
associated?
A. Socialism
B. Communism
C. Nationalism
D. Mercantilism
E. Polarism
Which of the following is true of the full-cost pricing approach?
A. In this approach, any contribution to fixed cost after variable costs are covered is
profit to the company.
B. In this approach, the firm is concerned only with the marginal or incremental cost of
producing goods to be sold in overseas markets.
C. In this approach, prices are often set on a cost-plus basis, that is, total costs plus a
profit margin.
D. This approach is a practical approach to pricing when a company has high fixed
costs and unused production capacity.
E. This approach insists that each unit of a similar product is treated differently in terms
of cost.
All of the following statements are true regarding Mercosur EXCEPT that:
A. it is the second-largest common-market agreement in the Americas after NAFT
A.
B. the Treaty of Asunci³n provided the legal basis for Mercosur.
C. it is the most influential and successful free trade area in South America.
D. Mexico has observer status in Mercosur.
E. Germany is a member of Mercosur.
Which of the following thinkers is famous for his statement on the deep influence of
geography on history, economics, and consumer behavior?
A. Jared Diamond
B. Philip Parker
C. Desmond Morris
D. Noam Chomsky
E. Jacques Derrida
Which of the following statements is true regarding agent middlemen?
A. They take title to the merchandise.
B. They work on commission and arrange for sales in the foreign country.
C. Manufacturers cannot control them as they control merchant middlemen.
D. They do not represent the best interests of the manufacturer.
E. They assume trading risks.
Which of the following is one of the bilateral free trade agreements that the United
States has?
A. CETA
B. NAFTA
C. NATO
D. MERCOSUR
E. LAFTA
For most companies, which of the following are the major components in the marketing
communications mix?
A. Public relations and advertising.
B. Direct selling and trade shows.
C. Advertising and personal selling.
D. Public relations and sales promotions.
E. Direct selling and sales promotions.
In the case of cellular phones, the physical product is practically given away to gain the
phone services contract.This could be because:
A. the cellular phone company does not view market share as a strategic goal.
B. the cost of production of the cellular phone is very low.
C. the revenues from associated services exceed the revenues from the cellular phone.
D. the margins on after-sales services for the cellular phones is low.
E. consumers sometimes buy a variety of services that are not associated with products.