Organization environment

    Organization environment

    1. The benefits of offshore financial centers include

    1. advantageous accounting practices.
    1. fluctuating currency exchange rates.
    1. high interest and low fees.
    1. low taxes and few banking regulations.


    2. Which of the following adds 3–5 percent to the quoted price of a product, due to the costs of importing?

    1. Customhouse broker's fees
    1. Invoice charges
    1. B2B costs
    1. Export duties


    3. The attitudes of governments toward transfer pricing is

    1. indifference.
    1. suspicion.
    1. encouragement.
    1. academic interest.


    4. The type of debt nearly always repaid in full by the borrower, with a repayment rate of 97 percent, is _______ loans.

    1. company-to-company
    1. federally guaranteed
    1. microD. parallel


    5. Swedish safety requirements for machinery operators

    1. make imports of Swedish products popular in the U.S.
    1. make exporting U.S. machines to Sweden very easy.
    1. are difficult to pin down because they vary from one machine to another.
    1. are stricter than those imposed by the U.S. Occupational Safety and Health Act.


    6. Applying a total systems approach to managing the flow of materials, information, finances, and services in a value chain is called

    1. supply chain management.
    1. information and technology management.
    1. organizational realignment.
    1. luxury brand development.


    7. When companies report on environmental and social, as well as financial results, it's called

    1. parallel management.
    1. convergence.
    1. global edge.
    1. triple bottom line.


    8. Of all the promotional mix elements, _______ may be the one with the greatest similarities worldwide.

    1. sales promotion
    1. advertising
    1. personal selling
    1. public relations


    9. Hiring another company to handle what used to be handled in-house is called

    1. outsourcing.
    1. contracting.
    1. operations.
    1. subcontracting.


    10. Recruiting salespeople overseas can be difficult because

    1. language differences.
    1. foreign unfamiliarity with the product.
    1. the fear of outsourcing.
    1. of a society's stigma associated with selling.


    11. When a company's future cash flow could be affected by unanticipated movement in monetary exchange rates, the company is experiencing

    1. potential bankruptcy.
    1. economic exposure.
    1. translation exposure.
    1. currency exposure.


    12. Which of the following is not a part of the total product?

    1. Package
    1. Accessories
    1. Warranty
    1. Integration


    13. Reasons for global standardization of manufacturing systems include

    1. greater market adjustments.
    1. increased nonstandardization of data among plants.
    1. adding attractive complexities to draw new customers.
    1. producing significant cost savings.


    14. A middle ground between an ad campaign that's standardized worldwide and an entirely local ad campaign is called a/an _______ approach.

    1. programmed-management
    1. computerized-management
    1. hybrid advertising
    1. shared-management


    15. The basic cultural decision a marketer has to make when placing a product in a foreign country is whether

    1. the advertising for the product will be tasteful enough for the foreign audience.
    1. the product will be used by men or women.
    1. social taboos are implied by the product's name.
    1. to position the product as foreign or local.







    16. Providing rapid service without a distribution structure in place is called

    1. disintermediation.
    1. indirect outletting.
    1. floating distribution.
    1. aibo.


    17. Developing countries frequently see the use of used equipment in production as

    1. evidence the company will produce inferior products.
    1. evidence the company doesn't want to take chances on untried technology.
    1. a means to employ more people who will be hired to fix broken equipment.
    1. assurance the equipment has done its job elsewhere.


    18. Relocating activities a company used to do in-house to another country is called

    1. outsourcing.
    1. emigration.
    1. immigration.
    1. offshoring.


    19. Taking a position in one market to offset exposure to price changes in an opposite position is called

    1. diversification.
    1. consolidation.
    1. hedging.
    1. centralization.


    20. A group of decisions on strategy designed to satisfy customer needs in a particular market on what products to sell and promote is called a/an

    1. marketing mix.
    1. corporate objective.
    1. advertising campaign.
    1. market assessment.


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