Which of the following offers a policy that insures companies against expropriation, nationalization, or confiscation by foreign governments?
a. The Federal Reserve Bank
b. Overseas Private Investment Corporation
c. OPEC
d. The Department of Commerce
Question 2In the international selling context, the order taker
a. Processes routine orders from the customer
b. Is a local employee
c. Has important initiatives
d. All of the above
Question 3Which of the following best describes Gen Xers' consumer behavior?
A) They like to take time to research products and customize them to their own taste.
B) They are accustomed to shopping in stores and online.
C) They are cynical about obvious marketing techniques.
D) They notice advertising messages that appeal to nostalgia for their younger days.
E) All of these are correct.
Question 4Which of the following is not a way to minimize the risk of domestication?
a. Partnering with local companies
b. Creating local expertise in product manufacturing
c. Using local suppliers
d. All of the above are ways to minimize risks.
Question 5Companies involved in exporting are likely to
a. Send representatives to an international trade show
b. Engage in minimal sales activity in international markets
c. Have little control over the activities of the joint venture partner
d. a and b only
Question 6Gen Xers are doing well by:
A) being at the cutting edge of technology.
B) investing in the stock market.
C) trying to change the world.
D) being more rebellious compared to baby boomers.
E) climbing the corporate ladder.
Question 7____ refers to a condition characterized as difficult bureaucracies unreliable judicial systems, shifting regulations, and corrupt operating environments.
a. Confiscation c. Domestication
b. Creeping Expropriation d. Nationalization
Question 8International sales representatives are often the frontline personnel in a firm's relationship with the
a. Target market c. Local government
b. Distributors d. All of the above
Question 9Individuals born between 1965 and 1979 are often called:
A) the baby boomer generation.
B) Generation Y.
C) Generation X.
D) Generation Z.
E) the silent generation.