Question 1

Which of the following were not identified as being part of the export marketing plan?

Accepted Answer

A)  Budgets 
B)  Promotion plans 
C)  Product characteristics 
D)  Production plans 
A)  Budgets 
B)  Promotion plans 
C)  Product characteristics 
D)  Production plans

Question 2

The Incoterm acronym DDP (destination place)refers to

Accepted Answer

delivered duty paid
Explanation: The Inc

Question 3

CIBERs are international business research and education efforts located at U.S.universities.

Accepted Answer

A) True 
 B)False

Question 4

An export bill of lading serves as all of the following except a

Accepted Answer

A)  contract for carriage between the shipper and the carrier. 
B)  receipt from the carrier for the goods shipped. 
C)  certificate of ownership. 
D)  receipt for the IRS. 
A)  contract for carriage between the shipper and the carrier. 
B)  receipt from the carrier for the goods shipped. 
C)  certificate of ownership. 
D)  receipt for the IRS.

Question 5

LASH and RO-RO are

Accepted Answer

A)  innovative material handling methods. 
B)  kinds of containerization. 
C)  Panamax ships. 
D)  barges used in materials handling. 
E)  Japanese import requirements. 
A)  innovative material handling methods. 
B)  kinds of containerization. 
C)  Panamax ships. 
D)  barges used in materials handling. 
E)  Japanese import requirements.

Question 6

Most international customers will pay cash in advance unless the order is for a custom-made product.

Accepted Answer

A) True 
 B)False

Question 7

Correct documentation is vital to the success of any export shipment,yet error rates reported for export and import documentation hover around

Accepted Answer

A)  10 to 20 percent. 
B)  25 to 40 percent. 
C)  50 to 70 percent. 
D)  65 to 80 percent. 
A)  10 to 20 percent. 
B)  25 to 40 percent. 
C)  50 to 70 percent. 
D)  65 to 80 percent.

Question 8

For U.S.firms that already are exporting,which of the following organizations offers export promotion activities that include export counseling,analysis of foreign markets,assessment of industry competitiveness,and development of market opportunities and sales representation through export promotion events?

Accepted Answer

A)  U.S. Commercial Service 
B)  International Trade Administration (IT
A)  
C)  Export-Import Bank 
D)  Small Business Administration 
E)  Agency for International Development 
A)  U.S. Commercial Service 
B)  International Trade Administration (IT
A)  
C)  Export-Import Bank 
D)  Small Business Administration 
E)  Agency for International Development

Question 9

The kinds of marine insurance policies include all of the following except

Accepted Answer

A)  basic named perils. 
B)  broad named perils. 
C)  partial risk covers. 
D)  all risk covers. 
A)  basic named perils. 
B)  broad named perils. 
C)  partial risk covers. 
D)  all risk covers.

Question 10

Once the potential exporter has established that there may be a market for the firm's products,the next task is to draft the ____________ plan.

Accepted Answer

export marketing
Explanation:

Question 11

The first step in finding a foreign market for a product is to determine whether a market exists for a firm's products.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following were not identified as being part of the export marketing plan?

Accepted Answer

A)  Sales forecasts 
B)  The marketing strategy for servicing the markets 
C)  Pricing policies 
D)  Staffing requirements in the firm's foreign branches 
A)  Sales forecasts 
B)  The marketing strategy for servicing the markets 
C)  Pricing policies 
D)  Staffing requirements in the firm's foreign branches

Question 13

Straight bills of lading are negotiable documents.

Accepted Answer

A) True 
 B)False

Question 14

The U.S.Department of Commerce form used to control export shipments and record export statistics is the

Accepted Answer

shipper's export declaration
Explanation

Question 15

In FAS (free alongside ship,named loading port),the seller pays all the transportation and delivery expense up to the ship's side and clears the goods for export.

Accepted Answer

A) True 
 B)False

Question 16

Sales forecasts and budgets,pricing policies,product characteristics,holiday schedules,and cash flow projections are all part of the export marketing plan.

Accepted Answer

A) True 
 B)False

Question 17

The export marketing plan does not include product characteristics,promotional plans,and details on arrangements with foreign representatives.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following are not included among the miscellaneous costs incurred by the seller in making a CIF shipment?

Accepted Answer

A)  Wharf storage and handling charges 
B)  Freight forwarder's charges 
C)  Landing charges 
D)  Consular fees 
A)  Wharf storage and handling charges 
B)  Freight forwarder's charges 
C)  Landing charges 
D)  Consular fees

Question 19

The U.S.Department of Education provides what program to support education related to international business and trade in 17 universities?

Accepted Answer

A)  CIBER 
B)  STEP 
C)  ITA 
D)  FCIB 
E)  METI 
A)  CIBER 
B)  STEP 
C)  ITA 
D)  FCIB 
E)  METI

Question 20

The Incoterm for the situation where the product is delivered at the specified destination,the seller pays for carriage to the named place and assumes all risk until goods are unloaded,is

Accepted Answer

A)  CIP. 
B)  DAT. 
C)  CIF. 
D)  DAP. 
E)  FAS. 
A)  CIP. 
B)  DAT. 
C)  CIF. 
D)  DAP. 
E)  FAS.

Which of the following were not identified as being part of the export marketing plan?

The Incoterm acronym DDP (destination place)refers to

CIBERs are international business research and education efforts located at U.S.universities.

An export bill of lading serves as all of the following except a

LASH and RO-RO are

Most international customers will pay cash in advance unless the order is for a custom-made product.

Correct documentation is vital to the success of any export shipment,yet error rates reported for export and import documentation hover around

The kinds of marine insurance policies include all of the following except

Once the potential exporter has established that there may be a market for the firm's products,the next task is to draft the ____________ plan.

The first step in finding a foreign market for a product is to determine whether a market exists for a firm's products.

Which of the following were not identified as being part of the export marketing plan?

Straight bills of lading are negotiable documents.

The U.S.Department of Commerce form used to control export shipments and record export statistics is the

In FAS (free alongside ship,named loading port),the seller pays all the transportation and delivery expense up to the ship's side and clears the goods for export.

Sales forecasts and budgets,pricing policies,product characteristics,holiday schedules,and cash flow projections are all part of the export marketing plan.

The export marketing plan does not include product characteristics,promotional plans,and details on arrangements with foreign representatives.

Which of the following are not included among the miscellaneous costs incurred by the seller in making a CIF shipment?

The U.S.Department of Education provides what program to support education related to international business and trade in 17 universities?

The Incoterm for the situation where the product is delivered at the specified destination,the seller pays for carriage to the named place and assumes all risk until goods are unloaded,is

The Challenging Context of International Business

International Trade and Investment

Sociocultural Forces

Sustainability and Natural Resources

Political Forces That Affect Global Trade

Intellectual Property Rights and Other Legal Forces

Economic and Socioeconomic Forces

The International Monetary System and Financial Forces

International Competitive Strategy

Organizational Design and Control

Global Leadership Issues and Practices

International Markets: Assessment and Entry Modes

Marketing Internationally

Managing Human Resources in an International Context

International Accounting and Financial Management

Appendix A: International Institutions From a Business Perspective

Appendix C: Global Operations and Supply Chain Management

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Exam 17: Appendix B: Export and Import Practices

Which of the following were not identified as being part of the export marketing plan?

The Incoterm acronym DDP (destination place)refers to

CIBERs are international business research and education efforts located at U.S.universities.

An export bill of lading serves as all of the following except a

LASH and RO-RO are

Most international customers will pay cash in advance unless the order is for a custom-made product.

Correct documentation is vital to the success of any export shipment,yet error rates reported for export and import documentation hover around

The kinds of marine insurance policies include all of the following except

Once the potential exporter has established that there may be a market for the firm's products,the next task is to draft the ____________ plan.

The first step in finding a foreign market for a product is to determine whether a market exists for a firm's products.

Which of the following were not identified as being part of the export marketing plan?

Straight bills of lading are negotiable documents.

The U.S.Department of Commerce form used to control export shipments and record export statistics is the

In FAS (free alongside ship,named loading port),the seller pays all the transportation and delivery expense up to the ship's side and clears the goods for export.

Sales forecasts and budgets,pricing policies,product characteristics,holiday schedules,and cash flow projections are all part of the export marketing plan.

The export marketing plan does not include product characteristics,promotional plans,and details on arrangements with foreign representatives.

Which of the following are not included among the miscellaneous costs incurred by the seller in making a CIF shipment?

The U.S.Department of Education provides what program to support education related to international business and trade in 17 universities?

The Incoterm for the situation where the product is delivered at the specified destination,the seller pays for carriage to the named place and assumes all risk until goods are unloaded,is

The Challenging Context of International Business

International Trade and Investment

Sociocultural Forces

Sustainability and Natural Resources

Political Forces That Affect Global Trade

Intellectual Property Rights and Other Legal Forces

Economic and Socioeconomic Forces

The International Monetary System and Financial Forces

International Competitive Strategy

Organizational Design and Control

Global Leadership Issues and Practices

International Markets: Assessment and Entry Modes

Marketing Internationally

Managing Human Resources in an International Context

International Accounting and Financial Management

Appendix A: International Institutions From a Business Perspective

Appendix C: Global Operations and Supply Chain Management

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