Question 1

The majority of the world's population is included in the following economic category:

Accepted Answer

A)  high-income countries. 
B)  upper-middle-income countries. 
C)  lower-middle-income countries. 
D)  low-income countries. 
E)  lower-upper-income countries. 
A)  high-income countries. 
B)  upper-middle-income countries. 
C)  lower-middle-income countries. 
D)  low-income countries. 
E)  lower-upper-income countries.

Question 2

Myanmar is considered as one of the emerging markets open for business.All of the following facts pertain to Myanmar except:

Accepted Answer

A)  Myanmar is a low-income country in Southeast Asia. 
B)  Myanmar has a population of 65 million people. 
C)  Myanmar is one of the countries considered as "Stans." 
D)  Myanmar's citizens elected a president. 
E)  Only one quarter of Myanmar's population has access to electricity. 
A)  Myanmar is a low-income country in Southeast Asia. 
B)  Myanmar has a population of 65 million people. 
C)  Myanmar is one of the countries considered as "Stans." 
D)  Myanmar's citizens elected a president. 
E)  Only one quarter of Myanmar's population has access to electricity.

Question 3

All of the following facts pertain to China except:

Accepted Answer

A)  China is in the upper-middle-income category. 
B)  China is the largest single destination for foreign investment in the developing world. 
C)  China is a member of the World Trade Organization. 
D)  China has sprawling bureaucracy. 
E)  China lacks infrastructure. 
A)  China is in the upper-middle-income category. 
B)  China is the largest single destination for foreign investment in the developing world. 
C)  China is a member of the World Trade Organization. 
D)  China has sprawling bureaucracy. 
E)  China lacks infrastructure.

Question 4

The CEO of Otis Elevators says they measure elevator populations in countries as units installed per thousand people.According to this,China is about half an elevator per thousand people.

Accepted Answer

A) True 
 B)False

Question 5

When a company conducts business across boundaries in countries with different currencies,it is thrust into the turbulent world of exchange risk.

Accepted Answer

A) True 
 B)False

Question 6

One Friday a few years ago,the Big Mac Index suggested that the yen was overvalued relative to the dollar by 70%.When currency markets opened on the following Monday,anyone using the Big Mac Index would conclude that the yen was only 20% overvalued relative to the dollar.What is the most likely explanation for this?

Accepted Answer

A)  Japan's Central Bank acted to prop up the yen. 
B)  Inflation in Japan suddenly spiked upward. 
C)  McDonald's headquarters stopped hedging. 
D)  McDonald's Japan reduced the yen price of a Big Mac. 
E)  McDonald's Japan increased the yen price of a Big Mac. 
A)  Japan's Central Bank acted to prop up the yen. 
B)  Inflation in Japan suddenly spiked upward. 
C)  McDonald's headquarters stopped hedging. 
D)  McDonald's Japan reduced the yen price of a Big Mac. 
E)  McDonald's Japan increased the yen price of a Big Mac.

Question 7

Global marketers should take note of the fact that almost half of the world's population is located in:

Accepted Answer

A)  low-income countries. 
B)  lower-middle-income countries. 
C)  upper-middle-income countries. 
D)  high-income countries. 
E)  higher-middle-income countries. 
A)  low-income countries. 
B)  lower-middle-income countries. 
C)  upper-middle-income countries. 
D)  high-income countries. 
E)  higher-middle-income countries.

Question 8

Which country was upgraded from "emerging" to "developed" status by the Financial Times Stock Exchange (FTSE)in 2009?

Accepted Answer

A)  United States 
B)  South Korea 
C)  Britain 
D)  Italy 
E)  Malaysia 
A)  United States 
B)  South Korea 
C)  Britain 
D)  Italy 
E)  Malaysia

Question 9

The Gross Domestic Product (GDP),a measure of a nation's economic activity,is calculated by all of the following factors except:

Accepted Answer

A)  consumer spending. 
B)  investment spending. 
C)  government purchases 
D)  industry purchases. 
E)  net exports. 
A)  consumer spending. 
B)  investment spending. 
C)  government purchases 
D)  industry purchases. 
E)  net exports.

Question 10

Recently,the Organization for Economic Cooperation and Development (OECD)has become more focused on global issues,social policy,and labor market regulations as seen by:

Accepted Answer

A)  addressing the vexing problem of bribery. 
B)  requiring members to cooperate when pursuing bribery allegations. 
C)  helping members candidly assess their own economic policies. 
D)  member nations working together in committees to review social policies. 
E)  all of the above 
A)  addressing the vexing problem of bribery. 
B)  requiring members to cooperate when pursuing bribery allegations. 
C)  helping members candidly assess their own economic policies. 
D)  member nations working together in committees to review social policies. 
E)  all of the above

The majority of the world's population is included in the following economic category:

Myanmar is considered as one of the emerging markets open for business.All of the following facts pertain to Myanmar except:

All of the following facts pertain to China except:

The CEO of Otis Elevators says they measure elevator populations in countries as units installed per thousand people.According to this,China is about half an elevator per thousand people.

When a company conducts business across boundaries in countries with different currencies,it is thrust into the turbulent world of exchange risk.

Global marketers should take note of the fact that almost half of the world's population is located in:

Which country was upgraded from "emerging" to "developed" status by the Financial Times Stock Exchange (FTSE)in 2009?

The Gross Domestic Product (GDP),a measure of a nation's economic activity,is calculated by all of the following factors except:

Recently,the Organization for Economic Cooperation and Development (OECD)has become more focused on global issues,social policy,and labor market regulations as seen by:

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

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Exam 2: The Global Economic Environment

The majority of the world's population is included in the following economic category:

Myanmar is considered as one of the emerging markets open for business.All of the following facts pertain to Myanmar except:

All of the following facts pertain to China except:

The CEO of Otis Elevators says they measure elevator populations in countries as units installed per thousand people.According to this,China is about half an elevator per thousand people.

When a company conducts business across boundaries in countries with different currencies,it is thrust into the turbulent world of exchange risk.

Global marketers should take note of the fact that almost half of the world's population is located in:

Which country was upgraded from "emerging" to "developed" status by the Financial Times Stock Exchange (FTSE)in 2009?

The Gross Domestic Product (GDP),a measure of a nation's economic activity,is calculated by all of the following factors except:

Recently,the Organization for Economic Cooperation and Development (OECD)has become more focused on global issues,social policy,and labor market regulations as seen by:

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