Question 1

All of the following are members of the G-7 (Group of Seven)EXCEPT:

Accepted Answer

A) Canada 
B) Ireland 
C) Germany 
D) United States 
E) Italy 
A) Canada 
B) Ireland 
C) Germany 
D) United States 
E) Italy

Question 2

The ____________________ (based in Geneva,Switzerland)has instituted a set of process standards that has been subscribed to by the European Union.

Accepted Answer

A) International Standards Organization 
B) International Production Standards Organization 
C) Quality Council 
D) Demming Committee 
E) Baldridge Foundation 
A) International Standards Organization 
B) International Production Standards Organization 
C) Quality Council 
D) Demming Committee 
E) Baldridge Foundation

Question 3

________________ systems base the interpretation of law on prior court rulings (that is,legal precedents and customs of time).

Accepted Answer

A) Common law 
B) Code law 
C) Written law 
D) Islamic law 
E) Napoleonic law 
A) Common law 
B) Code law 
C) Written law 
D) Islamic law 
E) Napoleonic law

Question 4

_______________ if unfettered,may result in excessive production and excessive consumption,thereby causing social problems of great magnitude.

Accepted Answer

A) Socialism 
B) Communism 
C) Protected economies 
D) Monopolies 
E) Capitalism 
A) Socialism 
B) Communism 
C) Protected economies 
D) Monopolies 
E) Capitalism

Question 5

__________________ is an outright takeover of assets without compensation.

Accepted Answer

A) Expropriation 
B) Confiscation 
C) Domestication 
D) Nationalization 
E) None of the above 
A) Expropriation 
B) Confiscation 
C) Domestication 
D) Nationalization 
E) None of the above

Question 6

A(n)____________________ country refers to a country in which foreign companies are allowed to do business in accordance with its government policies and within its
Laws.

Accepted Answer

A) foreign trade zone 
B) domestic 
C) origin 
D) home 
E) host 
A) foreign trade zone 
B) domestic 
C) origin 
D) home 
E) host

Question 7

What type of political events are executives most concerned with in host countries?

Accepted Answer

A) major political upheavals. 
B) day-to-day low-key events that produce a fairly significant change in policy. 
C) property seizures. 
D) terrorist strikes. 
E) labor strikes. 
A) major political upheavals. 
B) day-to-day low-key events that produce a fairly significant change in policy. 
C) property seizures. 
D) terrorist strikes. 
E) labor strikes.

Question 8

An example of a product-based trade control would be the:

Accepted Answer

A) quota. 
B) countervailing duty. 
C) export license requirement. 
D) ownership control. 
E) asset freezing. 
A) quota. 
B) countervailing duty. 
C) export license requirement. 
D) ownership control. 
E) asset freezing.

Question 9

The ISO 9000 standards served as a model for the _____________ series.

Accepted Answer

A) ISO 10000 
B) ISO 11000 
C) ISO 12000 
D) ISO 14000 
E) ISO 15000 
A) ISO 10000 
B) ISO 11000 
C) ISO 12000 
D) ISO 14000 
E) ISO 15000

Question 10

The ___________________________________ of 1977 was designed to prohibit the payment of any money or anything of value to foreign officials,foreign political
Parties,or any candidate for foreign political office for purposes of obtaining,
Retaining,or directing business.

Accepted Answer

A) Foreign Illegal Practices Act 
B) Foreign Corruption Issues Act 
C) Foreign Corruption Law Act 
D) Foreign Bribery Practices Act 
E) Foreign Corrupt Practices Act 
A) Foreign Illegal Practices Act 
B) Foreign Corruption Issues Act 
C) Foreign Corruption Law Act 
D) Foreign Bribery Practices Act 
E) Foreign Corrupt Practices Act

Question 11

The ____________________ was designed to prohibit the payment of any money or anything of value to foreign officials,foreign political parties,or any candidate for
Foreign political office for purposes of obtaining,retaining,or directing business.

Accepted Answer

A) Sherman Act 
B) Clayton Act 
C) Federal Trade Commission Act 
D) Foreign Corrupt Practices Act 
E) Export Trading Company Act 
A) Sherman Act 
B) Clayton Act 
C) Federal Trade Commission Act 
D) Foreign Corrupt Practices Act 
E) Export Trading Company Act

Question 12

The ____________________ is the oldest and most comprehensive international copyright treaty.

Accepted Answer

A) Berne Convention. 
B) London Convention. 
C) Paris Convention. 
D) New York Convention. 
E) Rome Convention. 
A) Berne Convention. 
B) London Convention. 
C) Paris Convention. 
D) New York Convention. 
E) Rome Convention.

Question 13

As China continues to free its markets in response to global pressure,the _________________ is (are)undermining its censorship policies.

Accepted Answer

A) travel policies 
B) Internet 
C) education policies 
D) manufacturing locations 
E) outsourcing policies 
A) travel policies 
B) Internet 
C) education policies 
D) manufacturing locations 
E) outsourcing policies

Question 14

The U.S.government accounts for a ______________ of the total U.S.consumption.

Accepted Answer

The answer of The U.S.government accounts for a ______________ of...

Question 15

According to the PRS Group's 2005 International Country Risk Rating,which of the following countries has the HIGHEST risk rating?

Accepted Answer

A) Norway 
B) Switzerland 
C) Singapore 
D) Finland 
E) Iraq 
A) Norway 
B) Switzerland 
C) Singapore 
D) Finland 
E) Iraq

Question 16

The ____________________ antitrust laws are applied not only to _______________ -member country companies but also to foreign companies as long as their corporate
Action has antitrust implications within the _____________.

Accepted Answer

A) MERCOSUR. 
B) European Union (EU). 
C) European Free Trade Association (EFT
A) . 
D) NAFTA 
E) None of the above. 
A) MERCOSUR. 
B) European Union (EU). 
C) European Free Trade Association (EFT
A) . 
D) NAFTA 
E) None of the above.

Question 17

To overcome the problems of expropriation,confiscation,and even nationalization, many companies are now adopting a policy of ___________________ where the
Company gradually turns over management and operational responsibilities as well as
Ownership to local companies over time.

Accepted Answer

A) retaliation 
B) boycott 
C) sanction 
D) domestication 
E) profit sharing 
A) retaliation 
B) boycott 
C) sanction 
D) domestication 
E) profit sharing

Question 18

_________________ systems rely on statutes and codes for the interpretation of the law.There is very little interpretation in this form of law.

Accepted Answer

A) Common law 
B) Code (written)law 
C) United Nation's law 
D) Germanic Confederation law 
E) Spanish Constitutional law 
A) Common law 
B) Code (written)law 
C) United Nation's law 
D) Germanic Confederation law 
E) Spanish Constitutional law

Question 19

A(n)_____________ country refers to a country the parent company is based in and operates from.

Accepted Answer

A) origin 
B) domestic 
C) host 
D) home 
E) plural 
A) origin 
B) domestic 
C) host 
D) home 
E) plural

Question 20

The "buy domestic" policy orientation is not limited to the United States.

Accepted Answer

A) True 
 B)False

All of the following are members of the G-7 (Group of Seven)EXCEPT:

The ____________________ (based in Geneva,Switzerland)has instituted a set of process standards that has been subscribed to by the European Union.

________________ systems base the interpretation of law on prior court rulings (that is,legal precedents and customs of time).

_______________ if unfettered,may result in excessive production and excessive consumption,thereby causing social problems of great magnitude.

__________________ is an outright takeover of assets without compensation.

A(n)____________________ country refers to a country in which foreign companies are allowed to do business in accordance with its government policies and within its Laws.

What type of political events are executives most concerned with in host countries?

An example of a product-based trade control would be the:

The ISO 9000 standards served as a model for the _____________ series.

The ___________________________________ of 1977 was designed to prohibit the payment of any money or anything of value to foreign officials,foreign political Parties,or any candidate for foreign political office for purposes of obtaining, Retaining,or directing business.

The ____________________ was designed to prohibit the payment of any money or anything of value to foreign officials,foreign political parties,or any candidate for Foreign political office for purposes of obtaining,retaining,or directing business.

The ____________________ is the oldest and most comprehensive international copyright treaty.

As China continues to free its markets in response to global pressure,the _________________ is (are)undermining its censorship policies.

The U.S.government accounts for a ______________ of the total U.S.consumption.

According to the PRS Group's 2005 International Country Risk Rating,which of the following countries has the HIGHEST risk rating?

The ____________ antitrust laws are applied not only to _ -member country companies but also to foreign companies as long as their corporate Action has antitrust implications within the _______.

To overcome the problems of expropriation,confiscation,and even nationalization, many companies are now adopting a policy of ___________________ where the Company gradually turns over management and operational responsibilities as well as Ownership to local companies over time.

_________________ systems rely on statutes and codes for the interpretation of the law.There is very little interpretation in this form of law.

A(n)_____________ country refers to a country the parent company is based in and operates from.

The "buy domestic" policy orientation is not limited to the United States.

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters

Exam 5: Political and Legal Environment

All of the following are members of the G-7 (Group of Seven)EXCEPT:

The ____________________ (based in Geneva,Switzerland)has instituted a set of process standards that has been subscribed to by the European Union.

________________ systems base the interpretation of law on prior court rulings (that is,legal precedents and customs of time).

_______________ if unfettered,may result in excessive production and excessive consumption,thereby causing social problems of great magnitude.

__________________ is an outright takeover of assets without compensation.

A(n)____________________ country refers to a country in which foreign companies are allowed to do business in accordance with its government policies and within its Laws.

What type of political events are executives most concerned with in host countries?

An example of a product-based trade control would be the:

The ISO 9000 standards served as a model for the _____________ series.

The ___________________________________ of 1977 was designed to prohibit the payment of any money or anything of value to foreign officials,foreign political Parties,or any candidate for foreign political office for purposes of obtaining, Retaining,or directing business.

The ____________________ was designed to prohibit the payment of any money or anything of value to foreign officials,foreign political parties,or any candidate for Foreign political office for purposes of obtaining,retaining,or directing business.

The ____________________ is the oldest and most comprehensive international copyright treaty.

As China continues to free its markets in response to global pressure,the _________________ is (are)undermining its censorship policies.

The U.S.government accounts for a ______________ of the total U.S.consumption.

According to the PRS Group's 2005 International Country Risk Rating,which of the following countries has the HIGHEST risk rating?

The ____________________ antitrust laws are applied not only to _______________ -member country companies but also to foreign companies as long as their corporate Action has antitrust implications within the _____________.

To overcome the problems of expropriation,confiscation,and even nationalization, many companies are now adopting a policy of ___________________ where the Company gradually turns over management and operational responsibilities as well as Ownership to local companies over time.

_________________ systems rely on statutes and codes for the interpretation of the law.There is very little interpretation in this form of law.

A(n)_____________ country refers to a country the parent company is based in and operates from.

The "buy domestic" policy orientation is not limited to the United States.

Globalization Imperative

Economic Environment

Financial Environment

Global Cultural Environment and Buying Behavior

Global Marketing Research

Global Segmentation and Positioning

Global Marketing Strategies

Global Market Entry Strategies

Global Product Policy Decisions I: Developing New Products for Global Markets

Global Product Policy Decisions Ii: Marketing Products and Services

Global Pricing

Communicating With the World Consumer

Sales and Cross-Cultural Management

Global Logistics and Distribution

Export and Import Management

Planning, Organization, and Control of Global Marketing Operations

Marketing Strategies for Emerging Markets

Global Marketing and the Internet

Filters

The ____________ antitrust laws are applied not only to _ -member country companies but also to foreign companies as long as their corporate Action has antitrust implications within the _______.