A/An _____ occurs in situations in which a buyer is allowed to automatically discount the published purchase price by a negotiated percentage for all purchases from a given price list or catalog during the contract period.
a. pricing agreement
b. international contract
c. national contract
d. open-ended order
e. None of the above.
Question 2Cooperative advertising dollars are also called:
a. Ad fares.
b. Detail fees.
c. Case allowances.
d. Trade fees.
e. Special allowances.
Question 3The Trading Company Act is a Japanese legislation promoting Japanese exports.
Indicate whether the statement is true or false
Question 4According to _____, consumers exert a lot of effort in responding to a message.
A) the cognitive response model
B) Weber's theory
C) Weber's law
D) Hofstede's law
E) the affective cognition theory
Question 5Which of the following is an import document required during an international shipment?
a. Inland bill of lading
b. Dock receipt
c. Certificate of origin
d. Letter of credit
Question 6A/An _____ is an agreement that typically covers many different items that can be purchased under the same purchase order number, thereby minimizing repetitive paperwork in the purchasing department for relatively low-cost items.
a. annual contract
b. national contract
c. blanket order
d. national buying agreement
e. corporate agreement
Question 7Which of the following is a common abuse of cooperative advertising money by retailers?
a. Poor promotional planning.
b. Retailers not agreeing to branding strategy of manufacturer.
c. Retailers buying newspaper space at rates lower than what they bill manufacturers.
d. Not setting up point of purchase displays properly.
e. Resisting manufacturer control over the advertising campaign.
Question 8The Trading Company Act was created to prevent international monopolies from forming.
Indicate whether the statement is true or false
Quick Reply
