Business Questions
Explore questions in the Business category that you can ask Spark.E!
58) ____ is a duty that a government places on imported products. A) Tariff B) Sanction C) Quota D) Restriction
68) The ___ is the currency used in Japan. A) pound B) yuan C) yen D) euro
56) Economic conditions and the currency for a country do not affect A) population trends B) profits on a product C) consumer demand D) selling price for a product
47) Slogans and trademarks A) may not have the same translation in different countries. B) stay the same for company recognition. C) should always stay the same for ease in marketing products. D) have no specific international purpose.
46) ___ is not a service provided by retailers. A) Sales staff assistance B) Product selection C) Consumer convenience D) Storing and transportation of goods
35) ____ protect the rights to inventions in the United States but may not be honored in other parts of the world. A) Copyrights B) Trademarks C) Patents D) Trade secrets
43) _________________ is a term used to describe a policy which encourages exports, discourages imports, controls capital movement and centralizes currency decisions in the hands of a central government. A) Neomercantilism B) Mercantilism C) Factor proportions D) State sovereignty
22) ____ occurs when the engine of an automobile is produced in Germany and the rest of the automobile is produced in the United States. A) Foreign direct investment B) Management contracting C) Licensing D) Franchising
42) Attitudes affect consumer behavior. Attitudes are classified as ___ factors. A) demographic B) psychographic C) geographic D) cultural
16) A U.S. toy company allows a Chinese company to create clothing and school supplies with one of the U.S. company's doll characters on the products. This is an example of: A) direct exporting B) franchising C) licensing D) indirect exporting
20) Which of the following is not advantage of operating a business as a sole proprietorship? A) limited risks B) owner is the boss C) freedom to make business decisions D) ease of starting
25) ___ refers to when a company avoids the risks related to international business by only selling products in its home country. A) Risk avoidance B) Risk sharing C) Risk assumption D) Risk reduction
38) While white teeth are valued in the United States, blackened teeth are valued in A) Southeast Asia B) the Middle East C) Western Europe D) Canada
11) Which of the following is an international firm? A) Sunrise Computer Systems B) Gary's Gas Station C) Buer's Brewers D) Walmart Inc.
28) The ____ is a certificate that adds to or changes the coverage of an insurance policy. A) exclusion B) rider C) condition D) endorsement
40) Which of the following is not a positive impact of technology on global marketing? A) better distribution B) expanded communication C) faster production D) breached security
44) When comparing countries for market potential, one can generally say that: A) per capita income is the best indicator to use B) labor costs are the most important C) population size is the best indicator D) companies must consider variables other than income and population when estimating potential demand
10) Managers and families moving to other parts of the world take part in ___ to understand the local culture. A) repatriation training B) spousal employment counseling C) global orientation D) cross-cultural training
19) ___ is when a company buys land or other resources in another country. A) A wholly-owned subsidiary B) Foreign direct investment C) Management contracting D) A joint venture
23) ____ is an agreement between two or more companies from different countries to share a business project. A) Joint venture B) Licensed agreement C) Franchise D) Independent contract