TWU 13FABUS318353 INTRO TO INTERNATIONAL BUSINES- quiz 4

·
Question 1
10 out of
10 points

A virtual corporation relies to a great extent on
third parties to conduct its business.

·
Question 2
10 out of
10 points

The process of redesigning organizational
structure, hierarchy, business systems, and processes in order to improve
organizational efficiency is called reengineering.

·
Question 3
10 out of
10 points

Subsidiaries and other operating units of an
international company should report to the headquarters only if there is a
drastic change in the economic environment.

·
Question 4
10 out of
10 points

An organization that coordinates economic
activity to deliver value to customers using resources outside the
traditional boundaries of the organization is known as a _________
corporation.

·
Question 5
10 out of
10 points

A(n) _________ is a form of organization
characterized by lateral decision processes, lateral relationships, and a
strong corporate-wide business philosophy.

·
Question 6
10 out of
10 points

A situation in which a small loss for a
subsidiary results in a greater gain for the headquarters is termed as _____.

·
Question 7
10 out of
10 points

Market screening is helpful to firms selling in
the domestic market and looking at expansion in the overseas market. It is
not required for firms that are already multinational companies.

·
Question 8
10 out of
10 points

Estimation by analogy is the process of using a
market factor that is successful in one market to estimate demand in a
similar market.

·
Question 9
10 out of
10 points

When historical growth rates are known, future
growth can be forecast by means of trend analysis.

·
Question
10
10 out of
10 points

A firm producing air-conditioners will look for
countries with warm climates to sell its product. This screening is
known as assessing the _____.

·
Question
11
10 out of
10 points

__________ divides objects into groups so that
the variables within each group are similar.

·
Question
12
10 out of
10 points

Even when a company has the capability of being
the first-mover in a market, there are possible advantages to letting others
go first.

·
Question
13
10 out of
10 points

Direct exporting is the exporting of goods and
services through various types of exporters based in the home country, rather
than by the firm itself.

·
Question
14
10 out of
10 points

Indirect exporting is _________________.

·
Question
15
10 out of
10 points

A _____ is an arrangement by which one firm
provides management in all or specific areas to another firm.

·
Question
16
10 out of
10 points

A cooperative effort among two or more
organizations that share a common interest in a business enterprise or
undertaking is known as a(n) _____.

·
Question
17
10 out of
10 points

he basic functions of domestic and international
marketing are the same.

·
Question
18
10 out of
10 points

Pricing is the central focus of the marketing
mix.

·
Question
19
10 out of
10 points

When do marketers offer the same product and use
the same promotional appeals in all markets?

·
Question
20
10 out of
10 points

____________ involves the setting of prices for
goods produced in one country and sold in another.