Under a voluntary _________________________, a country agrees to open its markets to imports.
Fill in the blank(s) with correct word
Question 2Penetration pricing is used by companies that
a. are trying to gain a high sales volume
b. are attempting to generate high profit
c. are attempting to recover the cost of product development quickly
d. all of the above
Question 3Jonathan always wore horned-rimmed glasses when he was in school and was always ridiculed because of them. However, in college, he was praised for his smart and intelligent looking glasses even though he wore the same kind of glasses. Horned- and wire-rimmed glasses were considered old-fashioned until they became associated with intellectualism in the 1980s. From the above scenario, it can be understood that when Jonathan entered college his glasses were perceived as a symbolic innovation because:
A) the design of his glasses was observed as new.
B) the features associated with his glasses were new.
C) the brand name associated with his glasses was new.
D) the meaning associated with his glasses was new.
E) the technology associated with his glasses was new.
Question 4_____________________________
______ are issued on a discretionary basis and are used to restrict imports of a given product.
Fill in the blank(s) with correct word
Question 5Which of the following is an advantage of standardized pricing?
a. It lowers costs.
b. It is a deterrent to gray market activity.
c. It deters parallel imports.
d. All of the above are advantages of standardized pricing
Question 6Which of the following is true of symbolic innovations?
A) They offer benefits in product performance over existing alternatives.
B) They appeal to our pleasure-seeking and/or sensory needs.
C) They have new social meaning carried by their use and ownership.
D) They are only incremental improvements.
E) They usually spawn other innovations and product forms.
Question 7____________________ specify a maximum quantity or a value of a product that may be imported during a specified period.
Fill in the blank(s) with correct word
Question 8One example of aggressive export pricing is
a. Transfer pricing c. Cost pricing
b. Dynamic incremental pricing d. Market pricing
Question 9New forms of dance, new types of music, new clothing styles, and new types of food would all qualify as _____.
A) functional innovations
B) aesthetic innovations
C) discontinuous innovations
D) attribute-based innovations
E) serial innovations
Question 10Orderly market arrangements, voluntary import expansion, and voluntary export restraints are all examples of ____________________ barriers.
Fill in the blank(s) with correct word
Quick Reply
