Reference no: EM132840591

1) The simultaneous pursuit of economic prosperity, environmental quality and social equity by corporations is called:

a) The Triple Bottom Line
b) Corporate governance
c) The Corporate Mission Statement
d) Corporate Financial Responsibility

2)Intellectual Property includes:

a) all of the listed answers are correct
b) copyrights
c) patents
d) trademarks

3)The NAFTA (or CUSMA) agreement:

a) allows for goods traded between Canada, Mexico and the US to be tariff free as long as they meet rules of origin guidelines.
b) is not a trade agreement
c) has not increased trade between the three countries
d) None of the listed answers are correct.

4)High-Context Cultures:

a) value the building of relationships prior to business negotiations
b) do not recognize verbal contracts
c) do not need to have a relationship to do business
d) none of the listed answers are correct

5)The following statement is false.

a) THe WTO does not deal with trademarks or patent issues among member countries.
b) The WTO does provide a dispute resolution process for member countries.
c) The WTO deals with the rules of trade between countries.
d) The WTO is the primary international organization for international trade.

6)Fleetwood Mac warned Donald Turmp to stop playing their songs at his rallies, sighting an infringement of:

a) copyright
b) trademark
c) patent
d) none of the listed answers are correct

7)The following statement about conducting SWOT analysis is not true:

a) Opportunities and Threat inside the company are identified and analyzed
b) Strengths and Weakness inside the company are identified and analyzed.
c) Opportunities outside the company are identified and analyzed
d) Threats outside the company are identified and analyzed

8)The first analysis before looking at expansion to an international market should be:

a) internal analysis of the company and its resources
b) in depth research of the international market
c) marketing strategy to enter the international market
d) none of the listed answers are correct

9)Non-tariff barriers used by governments to:

a) disencourage the admittance of certain goods into their country
b) ban the admittance of certain goods into their country
c) keep out illegal goods
d) encourage the admittance of certain goods into their country

10)The Chinese spent the first 3 days sightseeing with the Canadians to:

a) be hospitable
b) build a relationship
c) possibly to tire out the Canadians
d) all of the listed answers are correct