Question 1

Pursuing alternative sources of energy,such as wind and solar power,is important due to the fact that:

Accepted Answer

A) people in developing countries are more conscious about the environment. 
B) global marketers are more interested in publicizing environmental issues. 
C) it is easy to develop solar power in many parts of the world. 
D) heavy reliance on fossil fuels contributes to global warming. 
E) people worldwide can afford to buy power generated from wind and solar. 
A) people in developing countries are more conscious about the environment. 
B) global marketers are more interested in publicizing environmental issues. 
C) it is easy to develop solar power in many parts of the world. 
D) heavy reliance on fossil fuels contributes to global warming. 
E) people worldwide can afford to buy power generated from wind and solar.

Question 2

All of the following facts pertain to Brazil except:

Accepted Answer

A) it is the largest country in Latin America. 
B) it boasts the richest reserves of natural resources in the hemisphere. 
C) its top trading partner is China,which has an insatiable appetite for iron ore. 
D) its GNI grew steadily between 2003 and 2013. 
E) it lacks logistics software;horse-drawn carts are still a common sight on many roads. 
A) it is the largest country in Latin America. 
B) it boasts the richest reserves of natural resources in the hemisphere. 
C) its top trading partner is China,which has an insatiable appetite for iron ore. 
D) its GNI grew steadily between 2003 and 2013. 
E) it lacks logistics software;horse-drawn carts are still a common sight on many roads.

Question 3

Smaller countries like Tajikistan and Uzbekistan are lumped into a regional group known as "the Stans." Incomes in these countries are low,there is considerable economic hardship,and the potential for disruption is high.Are these countries problem cases or opportunities for potential economic growth?

Accepted Answer

These countries represent an obvious ris

Question 4

One of the major issues in trade relations between the high- and lower-income countries is trade in:

Accepted Answer

A) automobiles. 
B) computers. 
C) textiles. 
D) services. 
E) shoes. 
A) automobiles. 
B) computers. 
C) textiles. 
D) services. 
E) shoes.

Question 5

Upper-middle-income countries that achieve the highest rates of economic growth are sometimes referred to collectively as:

Accepted Answer

A) LDCs. 
B) BEMs. 
C) BRICs. 
D) NIEs. 
E) BOPs. 
A) LDCs. 
B) BEMs. 
C) BRICs. 
D) NIEs. 
E) BOPs.

Question 6

Upper-middle-income countries,also known as industrializing or developing countries are those with GNI per capita ranging from:

Accepted Answer

A) $1,006 to $3,955. 
B) $3,956 to $12,235. 
C) $12,236 or higher. 
D) less than $1,005. 
E) none of the above 
A) $1,006 to $3,955. 
B) $3,956 to $12,235. 
C) $12,236 or higher. 
D) less than $1,005. 
E) none of the above

Question 7

The world's largest automakers have,for the most part,evolved into local companies.

Accepted Answer

A) True 
 B)False

Question 8

All of the following facts pertain to China except:

Accepted Answer

A) China is in the upper-middle-income category. 
B) for years China's economic growth has been built on exports and low-wage manufacturing. 
C) Beijing is shifting from an external focus to an internal one in order to deal with infrastructure,bribery,and corruption. 
D) Beijing has launched a new industrial strategy dubbed "Made in China 2025." 
E) China has received the "market economy" status by the World Trade Organization (WTO). 
A) China is in the upper-middle-income category. 
B) for years China's economic growth has been built on exports and low-wage manufacturing. 
C) Beijing is shifting from an external focus to an internal one in order to deal with infrastructure,bribery,and corruption. 
D) Beijing has launched a new industrial strategy dubbed "Made in China 2025." 
E) China has received the "market economy" status by the World Trade Organization (WTO).

Question 9

To achieve success,executives and marketers must take into account all of the following new realities except:

Accepted Answer

A) capital movements have replaced trade as the driving force of the world economy. 
B) production has become "uncoupled" from employment. 
C) the 100-year struggle between capitalism and socialism is largely over. 
D) individual country economies play a major role in the world economy. 
E) the growth of e-commerce diminishes the importance of national barriers. 
A) capital movements have replaced trade as the driving force of the world economy. 
B) production has become "uncoupled" from employment. 
C) the 100-year struggle between capitalism and socialism is largely over. 
D) individual country economies play a major role in the world economy. 
E) the growth of e-commerce diminishes the importance of national barriers.

Question 10

Amazon cannot sell its own goods in India.

Accepted Answer

A) True 
 B)False

Question 11

Prahalad and Hammond have identified several assumptions and misconceptions about the "bottom of the pyramid" (BOP)that need to be corrected.All of the following mistaken assumptions are correct except:

Accepted Answer

A) the poor are too concerned with fulfilling basic needs to "waste" money on nonessential goods. 
B) the goods sold in developing markets are so expensive that there is no room for a new market entrant to make a profit. 
C) the poor have no money. 
D) people in BOP markets cannot use advanced technology. 
E) global companies that target BOP markets will be criticized for exploiting the poor. 
A) the poor are too concerned with fulfilling basic needs to "waste" money on nonessential goods. 
B) the goods sold in developing markets are so expensive that there is no room for a new market entrant to make a profit. 
C) the poor have no money. 
D) people in BOP markets cannot use advanced technology. 
E) global companies that target BOP markets will be criticized for exploiting the poor.

Question 12

Two of the smaller countries from the former Soviet Union,Tajikistan and Uzbekistan,fall into the lower-middle-income categories.

Accepted Answer

A) True 
 B)False

Question 13

Upper-middle-income countries are also known as:

Accepted Answer

A) industrializing countries. 
B) BRIC countries. 
C) stabilized countries. 
D) manufacturing countries. 
E) agricultural countries. 
A) industrializing countries. 
B) BRIC countries. 
C) stabilized countries. 
D) manufacturing countries. 
E) agricultural countries.

Question 14

Low-income countries have a GNI per capita of $1,005 or less.The general characteristics shared by countries at this income level include all of the following except:

Accepted Answer

A) less engaged in farming. 
B) high birth rates. 
C) heavy reliance on foreign aid. 
D) political unrest. 
E) high agricultural population. 
A) less engaged in farming. 
B) high birth rates. 
C) heavy reliance on foreign aid. 
D) political unrest. 
E) high agricultural population.

Question 15

The world economy has changed profoundly as evident by the fact that the global competitors have steadily displaced or absorbed local competitors.

Accepted Answer

A) True 
 B)False

Question 16

What are the distinguishing features between centrally planned socialism and centrally planned capitalism? Give examples of two or more countries which follow these systems.

Accepted Answer

In Centrally Planned Socialism,the state

Question 17

The fastest-growing sector of world trade includes:

Accepted Answer

A) travel and entertainment. 
B) accounting and legal services. 
C) royalties and license fees. 
D) engineering services. 
E) all of the above 
A) travel and entertainment. 
B) accounting and legal services. 
C) royalties and license fees. 
D) engineering services. 
E) all of the above

Question 18

Which two companies are sourcing product components from small-scale enterprises,which in turn are helping preserve old-growth forests as well as economic opportunities in Brazil?

Accepted Answer

A) Ford Motor Company and Armani 
B) Daimler AG and Hermes 
C) General Motors and Hugo Boss 
D) Volkswagen and Coach 
E) Coca-Cola and Nestlé 
A) Ford Motor Company and Armani 
B) Daimler AG and Hermes 
C) General Motors and Hugo Boss 
D) Volkswagen and Coach 
E) Coca-Cola and Nestlé

Pursuing alternative sources of energy,such as wind and solar power,is important due to the fact that:

All of the following facts pertain to Brazil except:

One of the major issues in trade relations between the high- and lower-income countries is trade in:

Upper-middle-income countries that achieve the highest rates of economic growth are sometimes referred to collectively as:

Upper-middle-income countries,also known as industrializing or developing countries are those with GNI per capita ranging from:

The world's largest automakers have,for the most part,evolved into local companies.

All of the following facts pertain to China except:

To achieve success,executives and marketers must take into account all of the following new realities except:

Amazon cannot sell its own goods in India.

Prahalad and Hammond have identified several assumptions and misconceptions about the "bottom of the pyramid" (BOP)that need to be corrected.All of the following mistaken assumptions are correct except:

Two of the smaller countries from the former Soviet Union,Tajikistan and Uzbekistan,fall into the lower-middle-income categories.

Upper-middle-income countries are also known as:

Low-income countries have a GNI per capita of $1,005 or less.The general characteristics shared by countries at this income level include all of the following except:

The world economy has changed profoundly as evident by the fact that the global competitors have steadily displaced or absorbed local competitors.

What are the distinguishing features between centrally planned socialism and centrally planned capitalism? Give examples of two or more countries which follow these systems.

The fastest-growing sector of world trade includes:

Which two companies are sourcing product components from small-scale enterprises,which in turn are helping preserve old-growth forests as well as economic opportunities in Brazil?

Introduction to Global Marketing

The Global Trade Environment

Social and Cultural Environments

The Political,legal,and Regulatory 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 2: The Global Economic Environment

Pursuing alternative sources of energy,such as wind and solar power,is important due to the fact that:

All of the following facts pertain to Brazil except:

One of the major issues in trade relations between the high- and lower-income countries is trade in:

Upper-middle-income countries that achieve the highest rates of economic growth are sometimes referred to collectively as:

Upper-middle-income countries,also known as industrializing or developing countries are those with GNI per capita ranging from:

The world's largest automakers have,for the most part,evolved into local companies.

All of the following facts pertain to China except:

To achieve success,executives and marketers must take into account all of the following new realities except:

Amazon cannot sell its own goods in India.

Prahalad and Hammond have identified several assumptions and misconceptions about the "bottom of the pyramid" (BOP)that need to be corrected.All of the following mistaken assumptions are correct except:

Two of the smaller countries from the former Soviet Union,Tajikistan and Uzbekistan,fall into the lower-middle-income categories.

Upper-middle-income countries are also known as:

Low-income countries have a GNI per capita of $1,005 or less.The general characteristics shared by countries at this income level include all of the following except:

The world economy has changed profoundly as evident by the fact that the global competitors have steadily displaced or absorbed local competitors.

What are the distinguishing features between centrally planned socialism and centrally planned capitalism? Give examples of two or more countries which follow these systems.

The fastest-growing sector of world trade includes:

Which two companies are sourcing product components from small-scale enterprises,which in turn are helping preserve old-growth forests as well as economic opportunities in Brazil?

Introduction to Global Marketing

The Global Trade Environment

Social and Cultural Environments

The Political,legal,and Regulatory 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