RCS 464 Exam 1: Review 6: Practice Test Questions

F
(True or False)
For companies today, becoming international is a luxury only some can afford.
T
(True or False)
An international marketer must deal with at least two levels of uncontrollable uncertainty
T
(True or False)
The level of technology in a country is an uncontrollable element for international marketers.
T
(True or False)
The controllable elements can be altered in the long run and, usually, in the short run to adjust to changing market conditions, consumer tastes, or corporate objectives.
F
(True or False)
Alex just ate cookies and, therefore, feels justified in refusing food offered by his Middle Eastern host. In this instance, Alex’s self-reference criterion has just saved him from making a cultural blunder.
T
(True or False)
A nation’s balance-of-payments statement records all financial transactions between its residents and those of the rest of the world during a given period of time.
F
(True or False)
Quotas, boycotts, monetary barriers, and market barriers are examples of tariff barriers.
F, absolute restriction
(True or False)
A government boycott is a partial restriction against the purchase and importation of certain goods and/or services from other countries.
T
(True or False)
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.
F, decrease because of government policies and birth control technologies, but a global change in values is also occurring
(True or False)
As countries move from agricultural to industrial to services economies, birth rates increase.
F, high level of anxiety and stress
(True or False)
Cultures with high Uncertainty Avoidance Index scores tend to have a low level of anxiety and stress.
T
(True or False)
Electives are business customs to which adaptation is helpful but not necessary.
F, decentralized
(True or False)
As businesses grow and professional management develops, there is a shift toward centralized management decision making.
F, low-context cultures
(True or False)
Most high-context cultures operate on monochronic time.
F, subornation
(True or False)
Lubrication involves a request for officials to turn their heads, to not do their jobs, or to break the law.
E
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 outperformed their strictly domestic U.S. counterparts.
D. The domestic companies have reduced their manufacturing employment more than U.S. multinationals. E. Multinational manufacturing companies in all industries and sizes have outperformed their domestic counterparts.
C
Which of the following is closely related to the self-reference criterion?
A. Differentiation
B. Marketing myopia
C. Ethnocentrism
D. Multiculturalism
E. Pluralism
C
A tax imposed by a government on goods entering at its borders is most accurately termed as a(n) _____.
A. boycott B. asterisk bill C. tariff D. quota E. Writ
D
An agreement signed willingly between the importing country and the exporting country for a restriction on the volume of exports is called a
A. monetary barrier
B. tariff restraint
C. special interests’ privilege
D. voluntary export restraint
E. balance-of-payments statement
E
Tall Pine Plywood Company has just received a notice that a shipment of plywood (2 metric tons) has been rejected by the customs administration of the recipient country because the knotholes commonly found on a plywood sheet are too large. Which of the following categories of nontariff barriers primarily uses such quality issues as a trade barrier?
A. Quotas
B. Licenses
C. Embargoes
D. Boycotts
E. Standards
E
Which of the following technological innovations has had a great impact on the gender-based determination of responsibilities and roles?
A. Mobile phones
B. Computers
C. Aircrafts
D. Optogenetics
E. Birth control techniques
C
The most useful information on how cultural values influence various types of business and market behavior comes from work done by:
A. Sigmund Freud.
B. George Gallup.
C. Geert Hofstede.
D. Ayn Rand.
E. Milton Friedman.
A
A culture with a low _____ score is likely to reflect more egalitarian views.
A. Power Distance Index
B. Individualism/Collectivism Index
C. Distance from English Index
D. Uncertainty Avoidance Index
E. Masculinity/Femininity Index
C
Which of the following is true of marketing strategies?
A. All marketing strategies require the acceptance of change.
B. When marketing strategies are implemented, the full responsibility of determining the consequences of such actions lies with the consumers.
C. Marketing strategies are judged culturally in terms of acceptance, resistance, or rejection.
D. Marketing strategies that deliberately set out to change those aspects of the culture offering resistance to marketing goals are called unplanned change strategies. E. Marketing strategies that involve marketing products similar to ones already on the market are the least successful.
B
Which of the following is consistent with the American view of the independent enterprise?
A. A corporation should fall under the control of the state government.
B. A corporation is an entity that has rules and continuity of existence.
C. The largest proportion of a corporation’s profits must go to the personal funds of the stakeholders.
D. A corporation’s employees must be selected on the basis of seniority and not merit.
E. Personal relationships are more important in daily life than work and the company.