Reference no: EM13175580
1. Of U.S. firms with less than 500 employees:
Less than 25% export;
Less than 40% export;
Less than 5% export;
Over 50% export.
2. An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a:
Note Payable,
Draft;
Promissory Note;
Check.
3. A draft payable on presentation to the drawee is a:
Demand draft;
Personal draft;
Presentation draft;
Sight draft.
4. Agency of the U.S. government whose mission is to provide aid in financing and facilitate exports and imports.
U.S. Trade Bank;
Export-Import Bank;
Exchange Bank;
Barter Agency.
5. Countertrade's main attraction is:
It may prove the cheapest form of trading;
It may prove to be the easiest form of trading;
It can give a firm a way to finance an export deal when other means are no available.
It can give a firm a less-complicated way to trade.
6. When a firm builds a plant in a country and agrees to take a certain percentage of the plant's output as partial payment for the contract:
Buyout;
Buyback;
Cross-Buying;
Offset.
7. Activities involved in creating a product:
Research and Development;
Logistics;
Production;
Technology.
8. The principal tool that most managers now use to increase the reliability of their product offering is:
Total Quality Management;
Quality Control;
Six Sigma;
ISO 9000.
9. The level of output at which most plant-level scale economies are exhausted:
Minimum Efficient Scale;
Break-even Point;
Elasticity;
Point of Diminishing Return.
10. Certification process that requires certain quality standards must be met is:
TQM;
Six Sigma;
ISO 9000;
Deming Method.
11. The number of intermediaries that a product has to go through before it reaches the final consumer:
Channel Scope;
Channel Depth;
Channel Width;
Channel Length.
12. Identifying groups of consumers whose purchasing behavior differs from others in important ways:
Customer Profiles;
Market Differentiation;
Market Specialization;
Market Segmentation.
13. Choices about product attributes, distribution strategy, communication strategy, and pricing strategy that a firm offers its targeted customers:
Attribution Strategy;
Sales Strategy;
Advertising;
Marketing Mix.
14. A channel that outsiders find difficult to access:
Restricted Channel;
Exclusive Distribution Channel;
Closed Distribution Channel;
Private Distribution Channel.
15. A measure of how responsive demand for a product is to changes in price:
Price Sensitivity;
Price Reactivity;
Price Elasticity of Demand;
Price Responsiveness to Demand.
16. Pricing aimed at giving a company a competitive advantage over its rivals:
Strategic Pricing;
Predatory Pricing;
Objective Pricing;
Goal-based Pricing.
17. When a small change in price produces a large change in demand:
Reflexive;
Elastic;
Refractive;
Sensitive.
18. A marketing strategy emphasizing personal selling rather than mass media advertising:
Personal Advertising Strategy;
Individual Marketing;
Push Strategy;
Pull Strategy.
19. Occurs when a pricing strategy in one market may have an impact on a rival's pricing strategy in another market:
Backlash Pricing;
Reciprocal Pricing;
Multipoint Pricing;
Experience Curve Pricing.
20. A marketing strategy emphasizing mass media advertising as opposed to personal selling:
Mass Marketing;
Comprehensive Advertising Strategy;
Push Strategy;
Pull Strategy.
How much does best buy have to charge in order to break even
: When you buy a set of speakers, Best Buy asks if you would like to purchase insurance for your speakers. Assume that paying for new speakers for customers who listen to music at a reasonable level (thus minimizing damage) costs, on average, $150, ..
|
Define total lendable deposits in the banking system
: Assume that all banks in the banking system have a 10% reserve requirement. Further, assume that all banks in the banking system are fully loaned up both before and after Joe makes his deposit.
|
Explain direct impact to the economy
: Determine what fiscal policy measure has a more direct impact to the economy, an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month.
|
Explain key microeconomics terminology
: determine optimal consumer buying decisions in the context of utility theory. compare and contrast optimal pricising and output decisions in various market structures. apply supply and demand theory to both prodcut and factor markets.
|
What activities involved in creating a product
: An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a: Note Payable,Draft;Promissory Note;Check.
|
How the profits will grow
: Assuming the company will remain a "going concern" indefinitely and that the interest rate will remain constant at 10 percent, at what constant rate does the owner believe that profits will grow?
|
Define protectionist policies
: Define protectionist policies and describe how the imposed restrictions work and analyze the impact of such policies. Find three public policies framed by the government that have posed restrictions on international trade.
|
The cost of producing pastries and sandwiches in northland
: The table lists the maximum feasible hourly rates of the production of pastries if no sandwiches are produced and the maximum feasible hourly rates of the production of sandwiches if no pastries are produced.
|
State what is the total pressure of the mixture
: 525 mm of Hg; neon, 65 mm of Hg, and nitrogen, 250 mm of Hg. What is the total pressure of the mixture?
|