Question 1

In order to fight piracy in China,Budweiser Beer's approach includes:

Accepted Answer

A)  printing labels in Chinese. 
B)  changing color of beer cans. 
C)  beer cans in China have fluted edges. 
D)  printing labels both in Chinese and English. 
E)  making beer very cheap in price in China. 
A)  printing labels in Chinese. 
B)  changing color of beer cans. 
C)  beer cans in China have fluted edges. 
D)  printing labels both in Chinese and English. 
E)  making beer very cheap in price in China.

Question 2

Islamic law is a comprehensive code based in part on:

Accepted Answer

A)  Anglo-Saxon common law. 
B)  Roman law and the Napoleonic Code. 
C)  the Uniform Commercial Code. 
D)  the Koran. 
E)  the French Civil Code. 
A)  Anglo-Saxon common law. 
B)  Roman law and the Napoleonic Code. 
C)  the Uniform Commercial Code. 
D)  the Koran. 
E)  the French Civil Code.

Question 3

Located in The Hague,the International Court of Justice (ICJ)is the judicial arm of the:

Accepted Answer

A)  United States. 
B)  European Union. 
C)  United Nations. 
D)  Netherlands. 
E)  United Kingdom. 
A)  United States. 
B)  European Union. 
C)  United Nations. 
D)  Netherlands. 
E)  United Kingdom.

Question 4

Bureaucracy is listed as a political risk category by:

Accepted Answer

A)  BERI (Business Environment Risk Intelligence). 
B)  PRS Group. 
C)  EIU (Economist Intelligence Unit). 
D)  WTO (World Trade Organization). 
E)  OPIC (Overseas Private Investment Corporation). 
A)  BERI (Business Environment Risk Intelligence). 
B)  PRS Group. 
C)  EIU (Economist Intelligence Unit). 
D)  WTO (World Trade Organization). 
E)  OPIC (Overseas Private Investment Corporation).

Question 5

The company receiving the most U.S.patents in 2009 was:

Accepted Answer

A)  Samsung Electronics. 
B)  IBM. 
C)  Microsoft. 
D)  Canon. 
E)  Panasonic. 
A)  Samsung Electronics. 
B)  IBM. 
C)  Microsoft. 
D)  Canon. 
E)  Panasonic.

Question 6

The following criminal penalties may be imposed for violations of the FCPA'S (Foreign Corrupt Practices Act)antibribery provisions except:

Accepted Answer

A)  corporations are subject to a fine of up to $2,000,000. 
B)  officers, directors, stockholders, employees, and agents are subject to a fine of up to $100,000. 
C)  fines imposed on individuals can be paid by their employer or principal. 
D)  the fines may be much higher, up to twice the benefit sought by the defendant. 
E)  in addition to fines, there may be imprisonment for up to five years. 
A)  corporations are subject to a fine of up to $2,000,000. 
B)  officers, directors, stockholders, employees, and agents are subject to a fine of up to $100,000. 
C)  fines imposed on individuals can be paid by their employer or principal. 
D)  the fines may be much higher, up to twice the benefit sought by the defendant. 
E)  in addition to fines, there may be imprisonment for up to five years.

Question 7

A company hoping to protect its trade secrets from being stolen by a foreign company can seek relief under the TRIPs agreement if both companies do business in GATT signatory countries.

Accepted Answer

A) True 
 B)False

Question 8

In West Africa,Burkina Faso,the Ivory Coast and Senegal are former French colonies,while Nigeria,Sierra Leone,and Ghana are former British colonies.Based on this information,which of the following would be correct?

Accepted Answer

A)  Burkina Faso, the Ivory Coast and Senegal are civil-code countries, while Nigeria, Sierra Leone, and Ghana are common-law countries. 
B)  Burkina Faso, the Ivory Coast and Senegal are common-law countries, while Nigeria, Sierra Leone, and Ghana are civil-code countries. 
C)  In West Africa, Ivory Coast and Senegal are the only common-law countries. 
D)  All the West African nations mentioned above are likely to be civil-code countries. 
E)  All the West African nations mentioned above are likely to be common-law countries. 
A)  Burkina Faso, the Ivory Coast and Senegal are civil-code countries, while Nigeria, Sierra Leone, and Ghana are common-law countries. 
B)  Burkina Faso, the Ivory Coast and Senegal are common-law countries, while Nigeria, Sierra Leone, and Ghana are civil-code countries. 
C)  In West Africa, Ivory Coast and Senegal are the only common-law countries. 
D)  All the West African nations mentioned above are likely to be civil-code countries. 
E)  All the West African nations mentioned above are likely to be common-law countries.

Question 9

When many nations reach advanced stages of economic development,their governments declare that any practice or policy that restrains free trade is legal.

Accepted Answer

A) True 
 B)False

Question 10

If a foreign company is taken over by the host country government,and some form of compensation is paid,"expropriation" has occurred.

Accepted Answer

A) True 
 B)False

Question 11

Now that Latvia has joined the Euro zone it is expected that higher interest rates will promote further economic growth.

Accepted Answer

A) True 
 B)False

Question 12

In Saudi Arabia,the Communication and Information Technology Commission (CITC)was ready to restrict BlackBerry services citing security concerns since the location of RIM (Research in Motion)servers were in Canada.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following best describes the legal basis for protection of trade secrets,patents,and copyrights in the United States?

Accepted Answer

A)  Trade secrets, patents, and copyrights are protected by federal statutes. 
B)  Trade secrets, patents, and copyrights are protected by state law. 
C)  Trade secrets are protected by state law, while patents and copyrights are protected by federal statutes. 
D)  Trade secrets are protected by federal statutes, while patents and copyrights are protected by state law. 
E)  Trade secrets, patents, and copyrights are not protected by any laws. 
A)  Trade secrets, patents, and copyrights are protected by federal statutes. 
B)  Trade secrets, patents, and copyrights are protected by state law. 
C)  Trade secrets are protected by state law, while patents and copyrights are protected by federal statutes. 
D)  Trade secrets are protected by federal statutes, while patents and copyrights are protected by state law. 
E)  Trade secrets, patents, and copyrights are not protected by any laws.

Question 14

When companies operate abroad in the absence of home-country legal constraints,the best choice for ethical conduct would be:

Accepted Answer

A)  to ignore bribery and act as if it does not exist. 
B)  to maintain home-country ethics worldwide with no adaptations. 
C)  to abandon any attempt to maintain company ethics. 
D)  to have a product that is clearly superior to that of the competition. 
E)  to adapt in varying degrees to local customs and practices. 
A)  to ignore bribery and act as if it does not exist. 
B)  to maintain home-country ethics worldwide with no adaptations. 
C)  to abandon any attempt to maintain company ethics. 
D)  to have a product that is clearly superior to that of the competition. 
E)  to adapt in varying degrees to local customs and practices.

Question 15

Kleptocracy refers to rampant corruption and bribery.

Accepted Answer

A) True 
 B)False

Question 16

Counterfeiting is:

Accepted Answer

A)  the use of a formal legal document for illegal purposes. 
B)  the ownership of a written, recorded, performed or filmed creative work. 
C)  the unauthorized copying or production of a product. 
D)  the use of a product name that has different meaning than the original brand. 
E)  the use of a distinctive mark of a brand that is no longer producing the original brand. 
A)  the use of a formal legal document for illegal purposes. 
B)  the ownership of a written, recorded, performed or filmed creative work. 
C)  the unauthorized copying or production of a product. 
D)  the use of a product name that has different meaning than the original brand. 
E)  the use of a distinctive mark of a brand that is no longer producing the original brand.

Question 17

Categories of political risk listed by EIU (Economist Intelligence Unit)include all of the following except:

Accepted Answer

A)  war. 
B)  political turmoil. 
C)  bureaucracy. 
D)  corruption. 
E)  crime. 
A)  war. 
B)  political turmoil. 
C)  bureaucracy. 
D)  corruption. 
E)  crime.

Question 18

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 19

In most of the European Union countries,the influence of regulatory agencies is pervasive.What steps will be necessary of a corporation to protect business interest and advance new programs?

Accepted Answer

Executives of companies who would like t

Question 20

Denmark ranks highest in bribery as listed by the Corruption Perceptions Index (CPI)by Transparency International in 2010.

Accepted Answer

A) True 
 B)False

In order to fight piracy in China,Budweiser Beer's approach includes:

Islamic law is a comprehensive code based in part on:

Located in The Hague,the International Court of Justice (ICJ)is the judicial arm of the:

Bureaucracy is listed as a political risk category by:

The company receiving the most U.S.patents in 2009 was:

The following criminal penalties may be imposed for violations of the FCPA'S (Foreign Corrupt Practices Act)antibribery provisions except:

A company hoping to protect its trade secrets from being stolen by a foreign company can seek relief under the TRIPs agreement if both companies do business in GATT signatory countries.

In West Africa,Burkina Faso,the Ivory Coast and Senegal are former French colonies,while Nigeria,Sierra Leone,and Ghana are former British colonies.Based on this information,which of the following would be correct?

When many nations reach advanced stages of economic development,their governments declare that any practice or policy that restrains free trade is legal.

If a foreign company is taken over by the host country government,and some form of compensation is paid,"expropriation" has occurred.

Now that Latvia has joined the Euro zone it is expected that higher interest rates will promote further economic growth.

In Saudi Arabia,the Communication and Information Technology Commission (CITC)was ready to restrict BlackBerry services citing security concerns since the location of RIM (Research in Motion)servers were in Canada.

Which of the following best describes the legal basis for protection of trade secrets,patents,and copyrights in the United States?

When companies operate abroad in the absence of home-country legal constraints,the best choice for ethical conduct would be:

Kleptocracy refers to rampant corruption and bribery.

Counterfeiting is:

Categories of political risk listed by EIU (Economist Intelligence Unit)include all of the following except:

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

In most of the European Union countries,the influence of regulatory agencies is pervasive.What steps will be necessary of a corporation to protect business interest and advance new programs?

Denmark ranks highest in bribery as listed by the Corruption Perceptions Index (CPI)by Transparency International in 2010.

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

In order to fight piracy in China,Budweiser Beer's approach includes:

Islamic law is a comprehensive code based in part on:

Located in The Hague,the International Court of Justice (ICJ)is the judicial arm of the:

Bureaucracy is listed as a political risk category by:

The company receiving the most U.S.patents in 2009 was:

The following criminal penalties may be imposed for violations of the FCPA'S (Foreign Corrupt Practices Act)antibribery provisions except:

A company hoping to protect its trade secrets from being stolen by a foreign company can seek relief under the TRIPs agreement if both companies do business in GATT signatory countries.

In West Africa,Burkina Faso,the Ivory Coast and Senegal are former French colonies,while Nigeria,Sierra Leone,and Ghana are former British colonies.Based on this information,which of the following would be correct?

When many nations reach advanced stages of economic development,their governments declare that any practice or policy that restrains free trade is legal.

If a foreign company is taken over by the host country government,and some form of compensation is paid,"expropriation" has occurred.

Now that Latvia has joined the Euro zone it is expected that higher interest rates will promote further economic growth.

In Saudi Arabia,the Communication and Information Technology Commission (CITC)was ready to restrict BlackBerry services citing security concerns since the location of RIM (Research in Motion)servers were in Canada.

Which of the following best describes the legal basis for protection of trade secrets,patents,and copyrights in the United States?

When companies operate abroad in the absence of home-country legal constraints,the best choice for ethical conduct would be:

Kleptocracy refers to rampant corruption and bribery.

Counterfeiting is:

Categories of political risk listed by EIU (Economist Intelligence Unit)include all of the following except:

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

In most of the European Union countries,the influence of regulatory agencies is pervasive.What steps will be necessary of a corporation to protect business interest and advance new programs?

Denmark ranks highest in bribery as listed by the Corruption Perceptions Index (CPI)by Transparency International in 2010.

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