Question 1

What is the impact of tariffs imposed by U.S.Donald Trump's "America First" policy on imports of steel and aluminum?

Accepted Answer

One of the most controversial aspects of

Question 2

An ad valorem duty is expressed as a percentage of the value of goods.

Accepted Answer

A) True 
 B)False

Question 3

The possible arrangements for handling exports include all of the following except:

Accepted Answer

A) as a part-time activity performed by domestic employees. 
B) through an export partner affiliated with the domestic marketing structure that takes possession of the goods before they leave the country. 
C) as a low-cost arrangement requiring no additional personnel. 
D) through an export department within an international division. 
E) for multidivisional companies,each of the preceding options is available. 
A) as a part-time activity performed by domestic employees. 
B) through an export partner affiliated with the domestic marketing structure that takes possession of the goods before they leave the country. 
C) as a low-cost arrangement requiring no additional personnel. 
D) through an export department within an international division. 
E) for multidivisional companies,each of the preceding options is available.

Question 4

Research discovered that even the most experienced exporters express lack of confidence in their knowledge about shipping arrangements,payment procedures,and regulations.

Accepted Answer

A) True 
 B)False

Question 5

Any government concerned with trade deficits or economic development should focus on educating firms about the potential gains from exporting.

Accepted Answer

A) True 
 B)False

Question 6

The chief executives of Swiss Swatch Group and Japanese Canon would like to:

Accepted Answer

A) outsource all of the manufacturing units overseas in order to save money. 
B) outsource a majority of the manufacturing functions overseas. 
C) retain a majority,if not all,of the manufacturing in their home country. 
D) establish "call centers" in developing countries in order to save labor costs. 
E) outsource a full line of new products only. 
A) outsource all of the manufacturing units overseas in order to save money. 
B) outsource a majority of the manufacturing functions overseas. 
C) retain a majority,if not all,of the manufacturing in their home country. 
D) establish "call centers" in developing countries in order to save labor costs. 
E) outsource a full line of new products only.

Question 7

If the dollar,the yen,or the mark becomes seriously overvalued,a company with production capacity in other locations can achieve competitive advantage by shifting its production among several different sites.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following is not true about a personal visit to size up the market firsthand and begin the development of an actual export-marketing program?

Accepted Answer

A) confirm assumptions regarding market potential 
B) contradict assumptions regarding market potential 
C) gather additional data to help make decisions 
D) develop a marketing plan in cooperation with local agents 
E) arrange a face-to-face meeting and avoid going to trade shows 
A) confirm assumptions regarding market potential 
B) contradict assumptions regarding market potential 
C) gather additional data to help make decisions 
D) develop a marketing plan in cooperation with local agents 
E) arrange a face-to-face meeting and avoid going to trade shows

Question 9

Volkswagen's business environment includes a significant wage differential between Mexico and Germany.

Accepted Answer

A) True 
 B)False

Question 10

The terms "export selling" and "export marketing" are interchangeable.

Accepted Answer

A) True 
 B)False

Question 11

A duty that represents a certain percentage of the value of a particular product is a(n):

Accepted Answer

A) specific duty. 
B) ad valorem duty. 
C) BTN duty. 
D) "schedule B" duty. 
E) antidumping duty. 
A) specific duty. 
B) ad valorem duty. 
C) BTN duty. 
D) "schedule B" duty. 
E) antidumping duty.

Question 12

Export management company (EMC)is an independent marketing intermediary that acts as the export department for two or more manufacturers (principals)whose product lines compete with each other.

Accepted Answer

A) True 
 B)False

What is the impact of tariffs imposed by U.S.Donald Trump's "America First" policy on imports of steel and aluminum?

An ad valorem duty is expressed as a percentage of the value of goods.

The possible arrangements for handling exports include all of the following except:

Research discovered that even the most experienced exporters express lack of confidence in their knowledge about shipping arrangements,payment procedures,and regulations.

Any government concerned with trade deficits or economic development should focus on educating firms about the potential gains from exporting.

The chief executives of Swiss Swatch Group and Japanese Canon would like to:

If the dollar,the yen,or the mark becomes seriously overvalued,a company with production capacity in other locations can achieve competitive advantage by shifting its production among several different sites.

Which of the following is not true about a personal visit to size up the market firsthand and begin the development of an actual export-marketing program?

Volkswagen's business environment includes a significant wage differential between Mexico and Germany.

The terms "export selling" and "export marketing" are interchangeable.

A duty that represents a certain percentage of the value of a particular product is a(n):

Export management company (EMC)is an independent marketing intermediary that acts as the export department for two or more manufacturers (principals)whose product lines compete with each other.

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

The Political,legal,and Regulatory Environments

Global Information Systems and Market Research

Segmentation,targeting,and Positioning

Global Market Entry Strategies: Licensing, investment, and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions II: Sales Promotion, personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Strategic Elements of Competitive Advantage

Leadership, organization, and Corporate Social Responsibility

Filters

Exam 8: Importing,exporting,and Sourcing

What is the impact of tariffs imposed by U.S.Donald Trump's "America First" policy on imports of steel and aluminum?

An ad valorem duty is expressed as a percentage of the value of goods.

The possible arrangements for handling exports include all of the following except:

Research discovered that even the most experienced exporters express lack of confidence in their knowledge about shipping arrangements,payment procedures,and regulations.

Any government concerned with trade deficits or economic development should focus on educating firms about the potential gains from exporting.

The chief executives of Swiss Swatch Group and Japanese Canon would like to:

If the dollar,the yen,or the mark becomes seriously overvalued,a company with production capacity in other locations can achieve competitive advantage by shifting its production among several different sites.

Which of the following is not true about a personal visit to size up the market firsthand and begin the development of an actual export-marketing program?

Volkswagen's business environment includes a significant wage differential between Mexico and Germany.

The terms "export selling" and "export marketing" are interchangeable.

A duty that represents a certain percentage of the value of a particular product is a(n):

Export management company (EMC)is an independent marketing intermediary that acts as the export department for two or more manufacturers (principals)whose product lines compete with each other.

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

The Political,legal,and Regulatory Environments

Global Information Systems and Market Research

Segmentation,targeting,and Positioning

Global Market Entry Strategies: Licensing, investment, and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions II: Sales Promotion, personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Strategic Elements of Competitive Advantage

Leadership, organization, and Corporate Social Responsibility

Filters