Exam Review

20 termsStudBud Administration13 plays

International Business Exam Review

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
A "thumbs down" in some Islamic countries is referred to as an offensive and sexual sign
False
True
2
Reliance of two or more groups on the actions of one another to fulfill certain wants or needs
Off-Shorting
Exchange Rate
Foreign Market
Interdependence
3
Which of the following is a type of infrastructure?
Energy
Transportation
All of the above
Communications
4
Odd and even pricing builds...
Even dollar pricing into large quantities
None of the above
Odd dollar pricing into large quantities
Odd numbers into quality and even numbers into bargains
5
According to The Law of Demand, if price goes up, quantity demanded...
goes down
goes up
stays the same
increases exponentially
6
Which of the following are NOT part of the 4 P's?
Promotion
Pricing
Product
Performance
7
Most economies are mixed
False
True
8
Which of the following is an economic system?
Command economies
All of the above
Traditional economies
None of the above
9
All are sources of primary data EXCEPT...
The internet
Observation
Focus Group
Survey
10
Culture Shock is...
A biased attitude of liking or disliking a specific culture
Strongly held concepts that are present in a culture
A normal reaction to all the differences of another culture
Cultural customs that dictate how people act socially
11
Which of the following is a main business function?
Marketing
Export
Advertising
Trade
12
Which of the following are part of Hofstede's dimensions of culture?
Power distance
Uncertainty avoidance
Individualism versus collectivism
All of the above
13
When a company uses low pricing strategies to increase sales, it's using a _________ strategy
Advanced pricing
Leader pricing
Low pricing
Penetration pricing
14
What does GDP stand for?
Gross Domestic Population
Gross Domestic Product
Growth Domestic Product
Growth Democracy Product
15
Shareholders are known as
People who own corporations
People who partner with corporations
People who trade with corporations
People who work for corporations
16
EDC stands for....
Export Development Canada
Export Direct Canada
Export Development Coorporation
Export Development Company
17
NAFTA stands for
National American Foreign Trade Agreement
National Amenities For Trade Association
National American Free Trade Agreement
North American Free Trade Agreement
18
A country with exports of $120 million and imports of $50 million has a
High Inflation Rate
Foreign Debt
Trade Surplus
Trade Deficit
19
Expenditure GDP=
C+G+I+(X+M)
C+G+I-(X+M)
C+G+I+(X-M)
C+G+I-(X-M)
20
The wholesalers takes _______ of the goods while the agent ______.
none of the above
none, takes all
possession, doesn't
care, sells

Exam Review Flashcards | StudBud

Exam Review

20 termsStudBud Administration13 plays

International Business Exam Review

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
A "thumbs down" in some Islamic countries is referred to as an offensive and sexual sign
False
True
2
Reliance of two or more groups on the actions of one another to fulfill certain wants or needs
Off-Shorting
Exchange Rate
Foreign Market
Interdependence
3
Which of the following is a type of infrastructure?
Energy
Transportation
All of the above
Communications
4
Odd and even pricing builds...
Even dollar pricing into large quantities
None of the above
Odd dollar pricing into large quantities
Odd numbers into quality and even numbers into bargains
5
According to The Law of Demand, if price goes up, quantity demanded...
goes down
goes up
stays the same
increases exponentially
6
Which of the following are NOT part of the 4 P's?
Promotion
Pricing
Product
Performance
7
Most economies are mixed
False
True
8
Which of the following is an economic system?
Command economies
All of the above
Traditional economies
None of the above
9
All are sources of primary data EXCEPT...
The internet
Observation
Focus Group
Survey
10
Culture Shock is...
A biased attitude of liking or disliking a specific culture
Strongly held concepts that are present in a culture
A normal reaction to all the differences of another culture
Cultural customs that dictate how people act socially
11
Which of the following is a main business function?
Marketing
Export
Advertising
Trade
12
Which of the following are part of Hofstede's dimensions of culture?
Power distance
Uncertainty avoidance
Individualism versus collectivism
All of the above
13
When a company uses low pricing strategies to increase sales, it's using a _________ strategy
Advanced pricing
Leader pricing
Low pricing
Penetration pricing
14
What does GDP stand for?
Gross Domestic Population
Gross Domestic Product
Growth Domestic Product
Growth Democracy Product
15
Shareholders are known as
People who own corporations
People who partner with corporations
People who trade with corporations
People who work for corporations
16
EDC stands for....
Export Development Canada
Export Direct Canada
Export Development Coorporation
Export Development Company
17
NAFTA stands for
National American Foreign Trade Agreement
National Amenities For Trade Association
National American Free Trade Agreement
North American Free Trade Agreement
18
A country with exports of $120 million and imports of $50 million has a
High Inflation Rate
Foreign Debt
Trade Surplus
Trade Deficit
19
Expenditure GDP=
C+G+I+(X+M)
C+G+I-(X+M)
C+G+I+(X-M)
C+G+I-(X-M)
20
The wholesalers takes _______ of the goods while the agent ______.
none of the above
none, takes all
possession, doesn't
care, sells