Question 1

Companies such as Caterpillar have been unable to protect critical innovations in Japan because:

Accepted Answer

A) products very similar to those made by U.S.companies can be patented without fear of infringement. 
B) the Japanese government enforces strict control over infringement rights for security reasons. 
C) inventions that are based on software can be easily downloaded. 
D) U)S.patent laws now harmonize with those in the EU as well as Japan. 
E) patents in Japan are broader than those in the United States. 
A) products very similar to those made by U.S.companies can be patented without fear of infringement. 
B) the Japanese government enforces strict control over infringement rights for security reasons. 
C) inventions that are based on software can be easily downloaded. 
D) U)S.patent laws now harmonize with those in the EU as well as Japan. 
E) patents in Japan are broader than those in the United States. A

Question 2

Russian consumers have little choice but to "buy local" since farmed salmon has expanded to keep up with booming demand.

Accepted Answer

A) True 
 B)False  False

Question 3

In Middle Eastern countries,it is common to see that courts handle marriages,divorces,distribution of family assets,and business practices by the "Sharia" law.What are these tenets and how do they have an impact on international business?

Accepted Answer

The legal system in many Middle Eastern and some Far Eastern countries is identified with the laws of Islam.These laws are associated with "the one and only one God,the Almighty." In Islamic law,the Sharia refers to a comprehensive code governing Muslim conduct in all areas of life,including business.The code is primarily derived from two sources.The first and foremost source is the Koran or the Holy Book that is a record of the revelations made to the Prophet Mohammed by Allah (God).The second source is the Hadith which is an interpretation of Koran based on the sayings and practices of Prophet Muhammad.In particular,the Hadith spells out the products and practices that are Haram (forbidden)compared to Halal (allowed).Any non-Muslim doing business in Islamic countries should be aware of the Islamic laws which have wide implications for commercial activities including advertisement and promotion.

Question 4

In 2005,representatives from several wine regions in the United States and the EU signed a Joint Declaration to Protect Wine Place & Origin.In addition,a Wine Accord signed by the United States and EU bans the:

Accepted Answer

A) use of alcohol in public places. 
B) purchase of wine from country of origin. 
C) misuse of place names by marketers of wine products that do not originate in those places. 
D) misuse of labels which do not include the origin of ingredients. 
E) use of the word "champagne" on wine made in the United States. 
A) use of alcohol in public places. 
B) purchase of wine from country of origin. 
C) misuse of place names by marketers of wine products that do not originate in those places. 
D) misuse of labels which do not include the origin of ingredients. 
E) use of the word "champagne" on wine made in the United States.

Question 5

Trade secrets are confidential information or knowledge that has commercial value,is in the public domain and for which steps have been taken to keep it secret.

Accepted Answer

A) True 
 B)False

Question 6

Some legal experts believe that the pressures of global competition have resulted in an increased incidence of price-fixing and collusion among companies.

Accepted Answer

A) True 
 B)False

Question 7

India,Pakistan,Malaysia,Korea,and Japan have common-law jurisdictions.

Accepted Answer

A) True 
 B)False

Question 8

The German civil-law tradition prevails in all of the following countries except:

Accepted Answer

A) Poland. 
B) Hungary. 
C) Czech Republic. 
D) Scandinavia. 
E) Germany. 
A) Poland. 
B) Hungary. 
C) Czech Republic. 
D) Scandinavia. 
E) Germany.

Question 9

Any company doing business outside the home country should first carefully study the ________ in the target country.

Accepted Answer

A) political culture 
B) cultural activities 
C) intellectual activities 
D) social activities 
E) sovereignty 
A) political culture 
B) cultural activities 
C) intellectual activities 
D) social activities 
E) sovereignty

Question 10

What are some of the challenges facing Amazon related to being dominant in online retailing?

Accepted Answer

There have also been calls on both sides

Question 11

The Brexit issue can be viewed as a mandate by Britons to regain some of what their nation lost to the "collective sovereignty" of the EU28.

Accepted Answer

A) True 
 B)False

Question 12

________ refers to governmental action to dispossess a foreign company or investor.Compensation is generally provided,often not in the "prompt,effective,and adequate" manner provided for by international standards.

Accepted Answer

A) Nationalization 
B) Confiscation 
C) Expropriation 
D) Internationalization 
E) Deportation 
A) Nationalization 
B) Confiscation 
C) Expropriation 
D) Internationalization 
E) Deportation

Question 13

According to U.S.laws,there is no restriction on remittances of royalties received abroad based on the commercial negotiation between licensor and licensee.

Accepted Answer

A) True 
 B)False

Question 14

In the United States,the Foreign Corrupt Practices Act (FCPA)is a legacy of the Watergate scandal during Richard Nixon's presidency.Administered by the Department of Justice and the Securities and Exchange Commission,the act is concerned with disclosure and prohibition.What is this law concerned with,and why is it a subject of criticism by many?

Accepted Answer

The act concerns disclosure and prohibit

Question 15

Formation of a cartel like OPEC,consisting of oil-producing companies,would most likely be illegal in the United States.

Accepted Answer

A) True 
 B)False

Question 16

What are the differences between a patent,trademark,and a copyright? What is meant by counterfeiting?

Accepted Answer

A patent is a formal legal document that

Question 17

British Petroleum,British Airways,and Rolls-Royce were privatized under Margaret Thatcher's administration.

Accepted Answer

A) True 
 B)False

Question 18

The high level of political risk currently evident in Russia can be attributed in part to:

Accepted Answer

A) changing of name of the country. 
B) changing the national flag. 
C) excessive loans from the International Monetary Fund (IMF). 
D) participation in the WTO (World Trade Organization). 
E) environment of uncertainty for foreign companies. 
A) changing of name of the country. 
B) changing the national flag. 
C) excessive loans from the International Monetary Fund (IMF). 
D) participation in the WTO (World Trade Organization). 
E) environment of uncertainty for foreign companies.

Question 19

Antitrust laws in the United States and other countries are designed to combat restrictive business practices and to discourage competition.

Accepted Answer

A) True 
 B)False

Question 20

What are some of the criticisms of the Foreign Corrupt Practices Act (FCPA)? Give examples in support of your answer.

Accepted Answer

One of the criticisms of FCPA is that th

Companies such as Caterpillar have been unable to protect critical innovations in Japan because:

Russian consumers have little choice but to "buy local" since farmed salmon has expanded to keep up with booming demand.

In Middle Eastern countries,it is common to see that courts handle marriages,divorces,distribution of family assets,and business practices by the "Sharia" law.What are these tenets and how do they have an impact on international business?

In 2005,representatives from several wine regions in the United States and the EU signed a Joint Declaration to Protect Wine Place & Origin.In addition,a Wine Accord signed by the United States and EU bans the:

Trade secrets are confidential information or knowledge that has commercial value,is in the public domain and for which steps have been taken to keep it secret.

Some legal experts believe that the pressures of global competition have resulted in an increased incidence of price-fixing and collusion among companies.

India,Pakistan,Malaysia,Korea,and Japan have common-law jurisdictions.

The German civil-law tradition prevails in all of the following countries except:

Any company doing business outside the home country should first carefully study the ________ in the target country.

What are some of the challenges facing Amazon related to being dominant in online retailing?

The Brexit issue can be viewed as a mandate by Britons to regain some of what their nation lost to the "collective sovereignty" of the EU28.

________ refers to governmental action to dispossess a foreign company or investor.Compensation is generally provided,often not in the "prompt,effective,and adequate" manner provided for by international standards.

According to U.S.laws,there is no restriction on remittances of royalties received abroad based on the commercial negotiation between licensor and licensee.

Formation of a cartel like OPEC,consisting of oil-producing companies,would most likely be illegal in the United States.

What are the differences between a patent,trademark,and a copyright? What is meant by counterfeiting?

British Petroleum,British Airways,and Rolls-Royce were privatized under Margaret Thatcher's administration.

The high level of political risk currently evident in Russia can be attributed in part to:

Antitrust laws in the United States and other countries are designed to combat restrictive business practices and to discourage competition.

What are some of the criticisms of the Foreign Corrupt Practices Act (FCPA)? Give examples in support of your answer.

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

Global Information Systems and Market Research

Segmentation,targeting,and Positioning

Importing,exporting,and Sourcing

Global Market Entry Strategies: Licensing, investment, and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions II: Sales Promotion, personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Strategic Elements of Competitive Advantage

Leadership, organization, and Corporate Social Responsibility

Filters

Exam 5: The Political,legal,and Regulatory Environments

Companies such as Caterpillar have been unable to protect critical innovations in Japan because:

Russian consumers have little choice but to "buy local" since farmed salmon has expanded to keep up with booming demand.

In Middle Eastern countries,it is common to see that courts handle marriages,divorces,distribution of family assets,and business practices by the "Sharia" law.What are these tenets and how do they have an impact on international business?

In 2005,representatives from several wine regions in the United States and the EU signed a Joint Declaration to Protect Wine Place & Origin.In addition,a Wine Accord signed by the United States and EU bans the:

Trade secrets are confidential information or knowledge that has commercial value,is in the public domain and for which steps have been taken to keep it secret.

Some legal experts believe that the pressures of global competition have resulted in an increased incidence of price-fixing and collusion among companies.

India,Pakistan,Malaysia,Korea,and Japan have common-law jurisdictions.

The German civil-law tradition prevails in all of the following countries except:

Any company doing business outside the home country should first carefully study the ________ in the target country.

What are some of the challenges facing Amazon related to being dominant in online retailing?

The Brexit issue can be viewed as a mandate by Britons to regain some of what their nation lost to the "collective sovereignty" of the EU28.

________ refers to governmental action to dispossess a foreign company or investor.Compensation is generally provided,often not in the "prompt,effective,and adequate" manner provided for by international standards.

According to U.S.laws,there is no restriction on remittances of royalties received abroad based on the commercial negotiation between licensor and licensee.

Formation of a cartel like OPEC,consisting of oil-producing companies,would most likely be illegal in the United States.

What are the differences between a patent,trademark,and a copyright? What is meant by counterfeiting?

British Petroleum,British Airways,and Rolls-Royce were privatized under Margaret Thatcher's administration.

The high level of political risk currently evident in Russia can be attributed in part to:

Antitrust laws in the United States and other countries are designed to combat restrictive business practices and to discourage competition.

What are some of the criticisms of the Foreign Corrupt Practices Act (FCPA)? Give examples in support of your answer.

Introduction to Global Marketing

The Global Economic Environment

The Global Trade Environment

Social and Cultural Environments

Global Information Systems and Market Research

Segmentation,targeting,and Positioning

Importing,exporting,and Sourcing

Global Market Entry Strategies: Licensing, investment, and Strategic Alliances

Brand and Product Decisions in Global Marketing

Pricing Decisions

Global Marketing Channels and Physical Distribution

Global Marketing Communications Decisions I: Advertising and Public Relations

Global Marketing Communications Decisions II: Sales Promotion, personal Selling, and Special Forms of Marketing Communication

Global Marketing and the Digital Revolution

Strategic Elements of Competitive Advantage

Leadership, organization, and Corporate Social Responsibility

Filters