Entrepreneur Global Opportunities

Question 1

The most popular products for export are

Accepted Answer

electronics, apparel

Question 2

Some ways you can show respect when doing business in a foreign country are to

Accepted Answer

limit your gestures., be punctual., don't comment on food except to praise., dress conservatively in dark colors.

Question 3

Latin Americans tend to make buying decisions based on

Accepted Answer

family needs

Question 4

The largest exporter of merchandise and services in the world is

Accepted Answer

United States

Question 5

An example of a developing country is

Accepted Answer

Iraq

Question 6

In the Statistical Yearbook you'll find

Accepted Answer

your product or service.

Question 7

Developing countries provide a more risky form of opportunity because

Accepted Answer

little to support business owners., unstable governments., barriers to entrepreneurs., military threats

Question 8

Example(s) of how technology have made the world smaller include(s)

Accepted Answer

e-mail, video techonolgy, cloud technology., internet

Question 9

China is a difficult place to do business because

Accepted Answer

piracy., the government controls business., poverty is severe., laws are strict.

Question 10

To offer a product successfully in a global market, you must

Accepted Answer

offer the product at a competitive price.

Question 11

Europe is a difficult market to define because

Accepted Answer

there is no common culture.

Questions 11