Question 1

A product that arrives on schedule carries communication utility.

Accepted Answer

A) True 
 B)False

Question 2

Containerization is especially popular in intermodal transportation.

Accepted Answer

A) True 
 B)False

Question 3

Brokers work to bring buyers and sellers together.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following means that a manufacturer sells a product to intermediaries who then handle the foreign selling of a product?

Accepted Answer

A)  Direct marketing 
B)  Direct exporting 
C)  Direct importing 
D)  Indirect exporting 
E)  Indirect importing 
A)  Direct marketing 
B)  Direct exporting 
C)  Direct importing 
D)  Indirect exporting 
E)  Indirect importing

Question 5

Which of the following three activities are found with home-based direct exporting?

Accepted Answer

A)  Built-in department, separate export department, export sales subsidiary 
B)  Built-in department, separate export department, foreign sales branch 
C)  Built-in department, separate export department, foreign sales subsidiary 
D)  Built-in department, separate export department, foreign-based distributors 
E)  Built-in department, separate export department, foreign agents and representatives 
A)  Built-in department, separate export department, export sales subsidiary 
B)  Built-in department, separate export department, foreign sales branch 
C)  Built-in department, separate export department, foreign sales subsidiary 
D)  Built-in department, separate export department, foreign-based distributors 
E)  Built-in department, separate export department, foreign agents and representatives

Question 6

International online retailing continues to grow in popularity with international marketers.

Accepted Answer

A) True 
 B)False

Question 7

Export selling means that a manufacturer sells a product to intermediaries that then handle the foreign selling of the product.

Accepted Answer

A) True 
 B)False

Question 8

Exporting can be stimulated by latent demand.

Accepted Answer

A) True 
 B)False

Question 9

When a restaurant needs fresh fish for a Friday lunch special,which type of utility is needed?

Accepted Answer

A)  Time 
B)  Place 
C)  Possession 
D)  Communication 
E)  Logistical 
A)  Time 
B)  Place 
C)  Possession 
D)  Communication 
E)  Logistical

Question 10

Which of the following are permanent employees of a buyer who act as agents in indirect exporting?

Accepted Answer

A)  Export commission houses 
B)  Resident buyers 
C)  Brokers 
D)  Direct merchant intermediaries 
E)  Resident brokers 
A)  Export commission houses 
B)  Resident buyers 
C)  Brokers 
D)  Direct merchant intermediaries 
E)  Resident brokers

Question 11

Carrying costs refer to the monies needed to finance inventory and warehouse a product.

Accepted Answer

A) True 
 B)False

Question 12

Ocean transportation tends to not be cost effective.

Accepted Answer

A) True 
 B)False

Question 13

Indirect exporting and export selling represent the same concept.

Accepted Answer

A) True 
 B)False

Question 14

Export commission houses represent foreign buyers in a domestic market.

Accepted Answer

A) True 
 B)False

Question 15

One internal reason for exporting exists when a company leader has experience in a particular country.

Accepted Answer

A) True 
 B)False

Question 16

Providing information to other channel members and customers provides which type of utility?

Accepted Answer

A)  Place 
B)  Time 
C)  Possession 
D)  Communication 
E)  Logistical 
A)  Place 
B)  Time 
C)  Possession 
D)  Communication 
E)  Logistical

Question 17

A confirmed letter of credit is a letter in which a bank explicitly confirms the credit in writing on the letter itself.

Accepted Answer

A) True 
 B)False

Question 18

Economies of scale often lead to profitable exporting opportunities.

Accepted Answer

A) True 
 B)False

Question 19

Which method of transporting goods would not be used when shipping from Japan to Australia?

Accepted Answer

A)  Air 
B)  Water 
C)  Railroad 
D)  Pipeline 
E)  Motor carrier 
A)  Air 
B)  Water 
C)  Railroad 
D)  Pipeline 
E)  Motor carrier

Question 20

Most companies choose either market concentration or market spreading,but not both strategies.

Accepted Answer

A) True 
 B)False

A product that arrives on schedule carries communication utility.

Containerization is especially popular in intermodal transportation.

Brokers work to bring buyers and sellers together.

Which of the following means that a manufacturer sells a product to intermediaries who then handle the foreign selling of a product?

Which of the following three activities are found with home-based direct exporting?

International online retailing continues to grow in popularity with international marketers.

Export selling means that a manufacturer sells a product to intermediaries that then handle the foreign selling of the product.

Exporting can be stimulated by latent demand.

When a restaurant needs fresh fish for a Friday lunch special,which type of utility is needed?

Which of the following are permanent employees of a buyer who act as agents in indirect exporting?

Carrying costs refer to the monies needed to finance inventory and warehouse a product.

Ocean transportation tends to not be cost effective.

Indirect exporting and export selling represent the same concept.

Export commission houses represent foreign buyers in a domestic market.

One internal reason for exporting exists when a company leader has experience in a particular country.

Providing information to other channel members and customers provides which type of utility?

A confirmed letter of credit is a letter in which a bank explicitly confirms the credit in writing on the letter itself.

Economies of scale often lead to profitable exporting opportunities.

Which method of transporting goods would not be used when shipping from Japan to Australia?

Most companies choose either market concentration or market spreading,but not both strategies.

Introduction to International Marketing

Culture and Cross-Cultural Marketing

Global Trade and Integration

Country Selection and Entry Strategies

International Marketing Planning Organization and Control

Markets and Segmentation in an International Context

International Positioning

Market Research in the International Environment

International Product and Brand Marketing

International Product Standardization and Adaptation

International Pricing

International Marketing Channel Management

International Distribution: Exporting and Retailing

Globally Integrated Marketing Communications

International Sales Promotions and Public Relations

Filters

Exam 12: International Finance and Pricing Implications

A product that arrives on schedule carries communication utility.

Containerization is especially popular in intermodal transportation.

Brokers work to bring buyers and sellers together.

Which of the following means that a manufacturer sells a product to intermediaries who then handle the foreign selling of a product?

Which of the following three activities are found with home-based direct exporting?

International online retailing continues to grow in popularity with international marketers.

Export selling means that a manufacturer sells a product to intermediaries that then handle the foreign selling of the product.

Exporting can be stimulated by latent demand.

When a restaurant needs fresh fish for a Friday lunch special,which type of utility is needed?

Which of the following are permanent employees of a buyer who act as agents in indirect exporting?

Carrying costs refer to the monies needed to finance inventory and warehouse a product.

Ocean transportation tends to not be cost effective.

Indirect exporting and export selling represent the same concept.

Export commission houses represent foreign buyers in a domestic market.

One internal reason for exporting exists when a company leader has experience in a particular country.

Providing information to other channel members and customers provides which type of utility?

A confirmed letter of credit is a letter in which a bank explicitly confirms the credit in writing on the letter itself.

Economies of scale often lead to profitable exporting opportunities.

Which method of transporting goods would not be used when shipping from Japan to Australia?

Most companies choose either market concentration or market spreading,but not both strategies.

Introduction to International Marketing

Culture and Cross-Cultural Marketing

Global Trade and Integration

Country Selection and Entry Strategies

International Marketing Planning Organization and Control

Markets and Segmentation in an International Context

International Positioning

Market Research in the International Environment

International Product and Brand Marketing

International Product Standardization and Adaptation

International Pricing

International Marketing Channel Management

International Distribution: Exporting and Retailing

Globally Integrated Marketing Communications

International Sales Promotions and Public Relations

Filters