MKTG 485 Exam 1 review

International marketers activities are not affected by competition in their domestic markets.

Which of the following best describes culture?

Business customs in which an outsider must not participate are called

Tax imposed by a government on goods entering at its borders is most accurately termed as a(n)

For companies today, becoming international is a luxury only some can afford.

In the context of elements of culture, rituals are patterns of behavior & interaction that are

Tariffs are often used as reprisals against protectionist moves of trading partners.

Which of the following aspects of communication is more important in a low-context culture?

High-context cultures place great importance on the verbal aspects of communication.

Customs and expectations that must be met, recognized if relationships are to be successful

Which of these is not an element of culture.

The SRC is an unconscious reference to one's own cultural values, as a basis for decisions.

Which of the following falls on the plus side of the U.S. balance of payments?

A specific unit or dollar limit applied to a particular type of good is called a(n):

Customs that cultural aliens may wish to conform to or participate in but not required

Most high-context cultures operate on monochronic time.

Which of these is not an example of non-tariff barriers?

_______ is characterized by completion of a human transaction than holding to schedules.

Uncontrollable elements include all except?

The _____ Index refers to the preference for behavior that promotes one's self-interest.

Which source of energy provides the preponderance of energy in much of the underdeveloped world

Marriage ceremonies and funerals are good examples of rituals.

What impedes the ability of a person to assess a foreign market in its true light?

Difference in domestic and international marketing is in the different concepts of marketing.

In general, tariffs restrict:

Customs reserved exclusively for the locals and from which the foreigner must not participate

Study of the earth's surface, climate, continents, countries, industries, and resources.

Political and legal forces are examples of domestic environment's controllable factors.

Which of the following is true of the industrialized world's population

___is an example of a low context culture

Family, religion, school, the media, government, and corporations are all examples of:

In ____decision making, participation by middle management tends to be deemphasized.

___is an example of a high context culture

___allows executives at different levels of management to exercise authority over own functions

Quotas, boycotts, monetary barriers, and market barriers are examples of tariff barriers.