Export Management Test Questions - 1837 Verified Questions

Page 1


Export Management Test Questions

Course Introduction

Export Management is a comprehensive course designed to equip students with the knowledge and skills needed to successfully manage and facilitate international trade activities. The course covers essential topics such as export documentation, regulations, logistics, market entry strategies, payment mechanisms, risk management, and the role of government agencies in export promotion. Students will learn how to identify potential markets, comply with international standards, develop export strategies, and navigate the complexities of global supply chains. Through practical case studies and real-world examples, the course prepares students to handle the challenges of exporting goods and services, enabling them to contribute effectively to businesses seeking to expand their global footprint.

Recommended Textbook

International Marketing 15th Edition by Philip; Gilly

Available Study Resources on Quizplus 19 Chapters

1837 Verified Questions

1837 Flashcards

Source URL: https://quizplus.com/study-set/2468

Page 2

Chapter 1: The Scope and Challenge of International Marketing

Available Study Resources on Quizplus for this Chatper

109 Verified Questions

109 Flashcards

Source URL: https://quizplus.com/quiz/49023

Sample Questions

Q1) List the domestic environment uncontrollables that influence an international marketer.

Answer: The aspects of the domestic environment uncontrollables include home-country elements that can have a direct effect on the success of a foreign venture: political and legal forces, economic climate, and competition.

Q2) Which of the following is NOT one of the stages of international marketing involvement?

A) Indirect Foreign Marketing

B) Infrequent Foreign Marketing

C) Regular Foreign Marketing

D) International Marketing

E) Global Marketing

Answer: A

Q3) Political and legal issues a company may face abroad are mitigated by the "alien status" of the company.

A)True

B)False

Answer: False

To view all questions and flashcards with answers, click on the resource link above. Page 3

Chapter 2: The Dynamic Environment of International Trade

Available Study Resources on Quizplus for this Chatper

102 Verified Questions

102 Flashcards

Source URL: https://quizplus.com/quiz/49022

Sample Questions

Q1) The reserves account is a record of direct investment, portfolio investment, and short-term capital movements to and from countries.

A)True

B)False

Answer: False

Q2) The World Bank estimates that five countries whose share of world trade is barely one-third that of the European Union will, by 2020, have a 50 percent higher share than that of the European Union. Which of the following is NOT one of those five countries?

A) Brazil

B) China

C) India

D) Indonesia

E) Rhodesia

Answer: E

Q3) In general, tariffs decrease inflationary pressures.

A)True

B)False

Answer: False

To view all questions and flashcards with answers, click on the resource link above.

Page 4

Chapter 3: History and Geography: The Foundations of Culture

Available Study Resources on Quizplus for this Chatper

82 Verified Questions

82 Flashcards

Source URL: https://quizplus.com/quiz/49021

Sample Questions

Q1) Which of the following agreed to a total ban on the export of hazardous wastes by developed nations?

A) The United Nations

B) The Basel Convention

C) NAFTA

D) The European Union

E) The Soviet Bloc

Answer: B

Q2) Petroleum's versatility ensures that petroleum-related products still dominate energy usage.

A)True

B)False

Answer: True

Q3) The main focus of sustainable development is caring for the environment.

A)True

B)False

Answer: False

To view all questions and flashcards with answers, click on the resource link above.

Page 5

Chapter 4: Cultural Dynamics in Assessing Global Markets

Available Study Resources on Quizplus for this Chatper

90 Verified Questions

90 Flashcards

Source URL: https://quizplus.com/quiz/49020

Sample Questions

Q1) The Power Distance dimension of culture identified by Geert Hofstede has proven the most useful of the four dimensions.

A)True

B)False

Q2) According to Philip Parker, there are strong correlations between latitude and the per capita GDP of countries.

A)True

B)False

Q3) According to a book written by Richard Nisbett, The Geography of Thought, Asians tend to:

A) prefer home cooking to fast food.

B) see the whole picture and can report details about background and foreground.

C) focus on small details in the foreground but cannot often see the "big picture."

D) see the world (surprisingly) in a similar way to everyone else.

E) see only what they want to see as they are very biased on their outlook on life.

Q4) Briefly discuss the relevance of the concept of linguistic distance.

Q5) Discuss the illusion of similarities facing the international marketer.

To view all questions and flashcards with answers, click on the resource link above.

Page 6

Chapter 5: Culture, Management Style, and Business Systems

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49019

Sample Questions

Q1) Simon Peters is very conscious of his behavior as he greets prospective Japanese clients at a local Tokyo restaurant. Though he invites all of the guests to drink sake from lacquered trays, he abstains because of a severe stomach ulcer. He perceives his abstention to be permissible in Japanese society because drinking sake would be considered to be a cultural _____ for foreign guests.

A) imperative

B) elective

C) exclusive

D) non-tradition

E) standard

Q2) Voluntarily offered payment by someone seeking unlawful advantage is called:

A) extortion.

B) subornation.

C) lubrication.

D) agent's fees.

E) bribery.

Q3) Describe the variations on bribery.

Q4) The majority of business customs fit into the cultural elective category.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 7

Chapter 6: The Political Environment: A Critical Concern

Available Study Resources on Quizplus for this Chatper

95 Verified Questions

95 Flashcards

Source URL: https://quizplus.com/quiz/49018

Sample Questions

Q1) The phrase "Buy American" would most closely be associated with which of the following?

A) Socialism

B) Jingoism

C) Nationalism

D) Mercantilism

E) Polarism

Q2) Which of the following is NOT true of nationalism?

A) Economic nationalism has as one of its central aims the preservation of national economic autonomy.

B) A call to "buy our country's products only" is one form of manifestation of national feelings.

C) Nationalist feelings may lead to control over foreign investment.

D) The more a country's domestic economy declines, the more nationalistic it becomes.

E) Nationalistic feelings are not prevalent in economically prosperous countries.

Q3) Today, many countries have domestication as a condition for investment.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above.

8

Chapter 7: The International Legal Environment: Playing by the Rules

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49017

Sample Questions

Q1) The form of law found in Germany, France, and Japan is called civil or code law.

A)True

B)False

Q2) Will leaving the country make an American businessman immune to U.S. laws?

Q3) Briefly describe the legal process of determining whether a representation is false or misleading.

Q4) _____ buy and register descriptive nouns, geographic names, names of ethnic groups and pharmaceutical substances, and other similar descriptors and hold them until they can be sold at an inflated price.

A) Patent trolls

B) Server farms

C) Domain name registries

D) Cybersquatters

E) Universal resource locators

Q5) List the major international conventions designed for mutual recognition and protection of intellectual property rights.

Q6) Identify the two types of licenses required for export.

Page 9

Q7) What are bases of international legal disputes? Describe the situations and the authority that addresses the issues.

To view all questions and flashcards with answers, click on the resource link above.

Chapter 8: Developing a Global Vision Through Marketing Research

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49016

Sample Questions

Q1) The marketing research process should begin with determining the sources of information to fulfill the research objectives.

A)True

B)False

Q2) Which of the following countries has hierarchical, relationship-based corporate culture?

A) America

B) France

C) South Korea

D) Switzerland

E) Australia

Q3) In foreign markets it is best to accept the information at face value because verifying information in foreign markets is extremely difficult.

A)True

B)False

Q4) Explain the parallel translation method.

Q5) List the six steps in a research process.

Q6) Write a short note on the expert opinion method of demand forecasting.

Q7) Write a short note on quantitative research.

To view all questions and flashcards with answers, click on the resource link above. Page 10

Chapter 9: Economic Development and the Americas

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49015

Sample Questions

Q1) Which of the following countries is a member of the free trade agreement DR-CAFTA?

A) Bahrain

B) Bhutan

C) Morocco

D) Costa Rica

E) Oman

Q2) Considering the United Nations' stages of economic development presented in the text for classifying countries with respect to levels of industrialization, if a country is an industrially developing country just entering world trade with relatively low per capita income, the country is in which of the following groups?

A) PDCs (parallel-developed countries)

B) LLDCs (least-developed countries)

C) LDCs (less-developed countries)

D) NICs (newly industrialized countries)

E) MDCs (more-developed countries)

Q3) Write a short note on newly industrialized countries.

Q4) Explain the impact of Internet on the economic development.

Q5) What are the various factors that promote the economic growth of NICs?

To view all questions and flashcards with answers, click on the resource link above. Page 11

Chapter 10: Europe, Africa, and the Middle East

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49014

Sample Questions

Q1) and established procedures for expansion to Central and Eastern Europe?

A) Versailles Treaty

B) London Treaty

C) Amsterdam Treaty

D) Monaco Treaty

E) Paris Treaty

Q2) Warren wants to market his products in the three largest European Union countries. He would market his products in:

A) Germany, France, and the United Kingdom

B) France, Spain, and Italy

C) United Kingdom, Ireland, and Italy

D) Sweden, Norway, and Finland

E) Spain, Austria, and Germany

Q3) At the most general level, the _____ represents the most important and comprehensive trade agreement in history.

A) NAFTA

B) Amsterdam Treaty

C) MERCOSUR

D) WTO

E) ASEAN

To view all questions and flashcards with answers, click on the resource link above. Page 12

Chapter 11: The Asia Pacific Region

Available Study Resources on Quizplus for this Chatper

90 Verified Questions

90 Flashcards

Source URL: https://quizplus.com/quiz/49013

Sample Questions

Q1) Political explanations of Japan's crisis during the 1990s identified two villains. One of them was the powerful Japanese bureaucracy. Which of the following is the other one?

A) Japan's trade policies with the U.S.

B) Japan's refusal to join Asian trade blocs

C) The powerful influence of the royalty in political issues

D) The long entrenched Liberal Democratic Political Party

E) The splintering of most of Japan's right-wing political parties

Q2) According to the text, which of the following is perhaps the best way to stimulate economic development and growth from within developing countries?

A) Improving literacy rates

B) Stabilizing the currency exchange rates

C) Providing free medical services to poor people

D) Reducing inflation levels

E) Encouraging entrepreneurial activities

Q3) Who are the Asian Tigers?

Q4) China is now the biggest market for personal computers.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above.

13

Chapter 12: Global Marketing Management: Planning and Organization

Available Study Resources on Quizplus for this Chatper

99 Verified Questions

99 Flashcards

Source URL: https://quizplus.com/quiz/49012

Sample Questions

Q1) The third phase of the international planning process is to develop the marketing plan. In this phase budgets and action programs are devised.

A)True

B)False

Q2) Competition and the ease of global communications are forcing managers around the world to ____.

A) expand global advertising

B) respond quickly to competitive threats

C) make greater commitments to global marketing

D) increase customer access to their companies

E) extend product and service warranty periods

Q3) One of the differences between consortia and joint ventures is that consortia typically:

A) makes more money than a JV.

B) operates in a country or market in which none of the participants is currently active.

C) operates in only one market at a time.

D) are associated with academic partners.

E) operates in low visibility markets.

To view all questions and flashcards with answers, click on the resource link above. Page 14

Chapter 13: Products and Services for Consumers

Available Study Resources on Quizplus for this Chatper

85 Verified Questions

85 Flashcards

Source URL: https://quizplus.com/quiz/49011

Sample Questions

Q1) Most of the new ideas associated with the Internet are being produced in Europe because of the number of Internet users on the continent.

A)True

B)False

Q2) In general, the rate of diffusion can be postulated as negatively related to ____.

A) relative advantage

B) compatibility

C) trialability

D) complexity

E) observability

Q3) Increasingly complementary products must be considered in the marketing of a variety of high-tech products.

A)True

B)False

Q4) One of the core components in the product component model is the product platform.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above.

Page 15

Chapter 14: Products and Services for Businesses

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49010

Sample Questions

Q1) "Making deals in pounds isn't easy when you're negotiating with someone who speaks in grams" is why many American firms are:

A) championing an international weight-loss program.

B) only doing business in Great Britain.

C) converting measures to the metric system.

D) simulating rather than estimating production standards.

E) offering to change customers' calculations into standards acceptable to American manufacturers.

Q2) Cathy wants to provide accounting and financial services to her clients as they expand into international markets. Cathy can expect to face most of the same _____ merchandise traders.

A) barriers confronting

B) receptiveness experienced by

C) support from local governments promised to D) alternative distribution channels utilized by

E) outsourcing objections by

Q3) Three factors seem to affect the demand in international industrial markets differently than in consumer markets. What are these factors?

Q4) Describe the most advanced stage of Rostow's economic development model.

To view all questions and flashcards with answers, click on the resource link above. Page 16

Chapter 15: International Marketing Channels

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49009

Sample Questions

Q1) The number of small retail stores is increasing in Japan.

A)True

B)False

Q2) One of the reasons that channels of distribution often pose longevity problems is that ____.

A) most middlemen do not maintain sufficient inventory to serve customers

B) some middlemen lack product knowledge resulting in low sales volume

C) most middlemen have little loyalty to their vendors

D) most middlemen tend to slow down distribution to extract higher commissions

E) most middlemen do not have sufficient knowledge of the target market

Q3) A(n) _____ is a sales corporation set up in a foreign country or U.S. possession that can obtain a corporate tax exemption on a portion of the earnings generated by the sale or lease of export property.

A) Webb-Pomerene export association

B) trading company

C) export management company

D) export agency

E) foreign sales corporation

Q4) Discuss the export trading company act (ETC) and its effects on businesses in the U.S.

Page 17

To view all questions and flashcards with answers, click on the resource link above.

Chapter 16: Integrated Marketing Communications and International Advertising

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49008

Sample Questions

Q1) A market offering is a bundle of satisfactions that the buyer receives.

A)True

B)False

Q2) According to the text, billboards are especially useful in countries:

A) with high income levels.

B) where the laws governing the Internet are very complicated.

C) with high illiteracy rates.

D) where maximum households are below the poverty line.

E) where people prefer buying in small quantities.

Q3) Describe the essential elements of a communication process.

Q4) Once a message, in the international communications process, has been decoded, it goes to the _____ stage.

A) feedback

B) receiver

C) message channel selection

D) encoding

E) identifying the message source

Q5) The encoding step causes problems even with a "proper" message. Explain with an example.

Q6) Explain the significance of social media as a marketing tool. Page 18

To view all questions and flashcards with answers, click on the resource link above.

Page 19

Chapter 17: Personal Selling and Sales Management

Available Study Resources on Quizplus for this Chatper

85 Verified Questions

85 Flashcards

Source URL: https://quizplus.com/quiz/49007

Sample Questions

Q1) Describe how incentives are viewed in Japan.

Q2) The most direct tie to the customer is the:

A) product.

B) manager of the company.

C) salesperson.

D) advertising specialist.

E) public relations specialist.

Q3) American salespersons are mostly distributed as a few high performers and mostly middle-level performers, but almost no low performers.

A)True

B)False

Q4) Selling in relationship-oriented countries will require the most complete local knowledge possessed only by natives.

A)True

B)False

Q5) Describe TCN. What is the significance of the growth of TCNs?

Q6) Describe virtual expatriates.

Q7) How important is a second language for a manager?

Q8) Why do companies favor third-country nationals for overseas assignments?

To view all questions and flashcards with answers, click on the resource link above. Page 20

Chapter 18: Pricing for International Markets

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49006

Sample Questions

Q1) The possibility of a _____ market occurs whenever price differences are greater than the cost of transportation between two markets.

A) black-listed

B) direct

C) circular

D) co-mingled

E) parallel

Q2) A reasonable price for goods in the home market may more than double in the foreign market. How do channel length and transportation costs contribute to the price increase?

Q3) What is the best way to describe the relationship of international currencies to one another?

A) All currencies are related to the dollar for contractual purposes.

B) There is a stable standard in the world against which all other currencies are pegged.

C) All major currencies are free floating relative to one another.

D) The UN mandates currency valuation.

E) The World Bank mandates currency valuation.

Q4) Discuss the concept of a bill of exchange.

To view all questions and flashcards with answers, click on the resource link above.

Chapter 19: Negotiating With International Customers, Partners,

and Regulators

Available Study Resources on Quizplus for this Chatper

100 Verified Questions

100 Flashcards

Source URL: https://quizplus.com/quiz/49005

Sample Questions

Q1) On almost every dimension of negotiation style considered, Americans tend to be on or near the end of the scale.

A)True

B)False

Q2) Which of the following forms the basis of commercial interactions in countries such as China, Spain, Mexico, and the Philippines?

A) Objectivity

B) Focus on bottom line

C) International cooperation

D) Corporate social responsibility

E) Long-term reciprocity

Q3) Explain the importance of follow-up communications and procedures in international business negotiations.

Q4) What is the significance of team-work in international business negotiations in the American context?

Q5) What are the seven aspects of the negotiation setting that must be manipulated ahead of time if possible?

Page 22

Q6) What are the criteria for selecting international business negotiators?

To view all questions and flashcards with answers, click on the resource link above.

Turn static files into dynamic content formats.

Create a flipbook