Question 1

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 2

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

Accepted Answer

A) $996 to $3,945. 
B) $4,036 to $12,475. 
C) $12,475 or higher. 
D) less than $995. 
E) None of the above 
A) $996 to $3,945. 
B) $4,036 to $12,475. 
C) $12,475 or higher. 
D) less than $995. 
E) None of the above

Question 3

Which of the following is true about the Triad?

Accepted Answer

A) Triad countries account for approximately one-third of world income and one- third of world population. 
B) Triad countries account for approximately 75% of world income as measured by GNP. 
C) Triad countries are those in which consumer products,industrial products,and the services sector each contribute one-third to GDP. 
D) Triad countries account for approximately 25% of world income as measured by GNP. 
E) Triad countries account for approximately 50% of world income as measured by the World Bank. 
A) Triad countries account for approximately one-third of world income and one- third of world population. 
B) Triad countries account for approximately 75% of world income as measured by GNP. 
C) Triad countries are those in which consumer products,industrial products,and the services sector each contribute one-third to GDP. 
D) Triad countries account for approximately 25% of world income as measured by GNP. 
E) Triad countries account for approximately 50% of world income as measured by the World Bank.

Question 4

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 5

The only two countries where Coca-Cola is not available through authorized channels are:

Accepted Answer

A) India and China. 
B) North Korea and South Korea. 
C) Cuba and North Korea. 
D) Cuba and Venezuela. 
E) Singapore and Indonesia. 
A) India and China. 
B) North Korea and South Korea. 
C) Cuba and North Korea. 
D) Cuba and Venezuela. 
E) Singapore and Indonesia.

Question 6

With a 2011 GNI per capita of $1,410,India has transitioned out of the low-income category and is now classified as an upper-middle-income country,also known as an industrializing or developing country.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following statements is not accurate?

Accepted Answer

A) India's teledensity-a measure of ownership of private telephones-is only 20% of population. 
B) In China,saturation levels of private motor vehicles and personal computers (PCs)are quite low. 
C) In 2001,EU had 49 cars per 100 people. 
D) In Russia,200 people out of 1,000 own cars. 
E) In India,150 people out of 1,000 own cars. 
A) India's teledensity-a measure of ownership of private telephones-is only 20% of population. 
B) In China,saturation levels of private motor vehicles and personal computers (PCs)are quite low. 
C) In 2001,EU had 49 cars per 100 people. 
D) In Russia,200 people out of 1,000 own cars. 
E) In India,150 people out of 1,000 own cars.

Question 8

One of the distinguishing features of a Centrally Planned Capitalism economic system is:

Accepted Answer

A) all production resources are privately owned. 
B) the state has broad powers to serve the public interest as it sees fit. 
C) command resource allocation is utilized extensively in a private resource ownership environment. 
D) market allocation policies are permitted within an environment of state ownership. 
E) none of the above 
A) all production resources are privately owned. 
B) the state has broad powers to serve the public interest as it sees fit. 
C) command resource allocation is utilized extensively in a private resource ownership environment. 
D) market allocation policies are permitted within an environment of state ownership. 
E) none of the above

Question 9

In Sweden,where the government controls two-thirds of all expenditures,resource allocation is more "market" oriented than "command" oriented.

Accepted Answer

A) True 
 B)False

Question 10

Nike produces only a small portion of its output in China,but when the firm refers to China as a "two-billion-foot market," it is referring to the fact that:

Accepted Answer

A) the Chinese do not wear shoes. 
B) the Chinese shoe market is very competitive. 
C) China can develop its own shoe market. 
D) it will take a long time for China to develop future market. 
E) China is a potential future market. 
A) the Chinese do not wear shoes. 
B) the Chinese shoe market is very competitive. 
C) China can develop its own shoe market. 
D) it will take a long time for China to develop future market. 
E) China is a potential future market.

Question 11

Some people believe that marketing is relevant only in affluent,industrialized countries,whereas others believe that the role of marketing is to identify people's needs and wants worldwide,irrespective of the economy.Giving examples of companies involved in energy conservation and technology,support the latter argument.

Accepted Answer

People everywhere need affordable and sa

Question 12

Cuba and North Korea are the only two countries where Coca-Cola is not available through authorized channels.

Accepted Answer

A) True 
 B)False

Question 13

The thirty nations that belong to the OECD,who believe in market-allocation economic systems and pluralistic democracy,addressed the vexing problem of bribery by requiring members to cooperate when pursuing bribery allegations.

Accepted Answer

A) True 
 B)False

Question 14

With a 2011 GNI per capital of $1,410,India has transitioned out from the former category and now is classified as a(n):

Accepted Answer

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

Question 15

Porsche relies on currency hedging rather than price increases to boost pretax profits on sales of its automobiles.What is the advantage of doing this,and how does hedging work?

Accepted Answer

Hedging exchange rate exposure involves

Question 16

The "balance of payments" is a record of all economic transactions between the residents of a country and the developed countries of the world.

Accepted Answer

A) True 
 B)False

Question 17

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 18

Grocery distribution companies in Brazil use logistics software to route their trucks;meanwhile,horse-drawn carts are still a common sight on many roads.

Accepted Answer

A) True 
 B)False

Question 19

The Cold War decades that followed World War II saw the East and the West jockeying for geopolitical advantage.

Accepted Answer

A) True 
 B)False

Question 20

Among the upper-middle-income countries,also known as industrializing or developing countries,the following aspects are observed except:

Accepted Answer

A) the CNI per capita ranges from $4,036 to $12,475. 
B) the percentage of the population engaged in agriculture drops sharply. 
C) people move to the industrial sector. 
D) the degree of urbanization increases. 
E) None of the above 
A) the CNI per capita ranges from $4,036 to $12,475. 
B) the percentage of the population engaged in agriculture drops sharply. 
C) people move to the industrial sector. 
D) the degree of urbanization increases. 
E) None of the above

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

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

Which of the following is true about the Triad?

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

The only two countries where Coca-Cola is not available through authorized channels are:

With a 2011 GNI per capita of $1,410,India has transitioned out of the low-income category and is now classified as an upper-middle-income country,also known as an industrializing or developing country.

Which of the following statements is not accurate?

One of the distinguishing features of a Centrally Planned Capitalism economic system is:

In Sweden,where the government controls two-thirds of all expenditures,resource allocation is more "market" oriented than "command" oriented.

Nike produces only a small portion of its output in China,but when the firm refers to China as a "two-billion-foot market," it is referring to the fact that:

Cuba and North Korea are the only two countries where Coca-Cola is not available through authorized channels.

The thirty nations that belong to the OECD,who believe in market-allocation economic systems and pluralistic democracy,addressed the vexing problem of bribery by requiring members to cooperate when pursuing bribery allegations.

With a 2011 GNI per capital of $1,410,India has transitioned out from the former category and now is classified as a(n):

Porsche relies on currency hedging rather than price increases to boost pretax profits on sales of its automobiles.What is the advantage of doing this,and how does hedging work?

The "balance of payments" is a record of all economic transactions between the residents of a country and the developed countries of the world.

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:

Grocery distribution companies in Brazil use logistics software to route their trucks;meanwhile,horse-drawn carts are still a common sight on many roads.

The Cold War decades that followed World War II saw the East and the West jockeying for geopolitical advantage.

Among the upper-middle-income countries,also known as industrializing or developing countries,the following aspects are observed except:

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

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

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

Which of the following is true about the Triad?

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

The only two countries where Coca-Cola is not available through authorized channels are:

With a 2011 GNI per capita of $1,410,India has transitioned out of the low-income category and is now classified as an upper-middle-income country,also known as an industrializing or developing country.

Which of the following statements is not accurate?

One of the distinguishing features of a Centrally Planned Capitalism economic system is:

In Sweden,where the government controls two-thirds of all expenditures,resource allocation is more "market" oriented than "command" oriented.

Nike produces only a small portion of its output in China,but when the firm refers to China as a "two-billion-foot market," it is referring to the fact that:

Cuba and North Korea are the only two countries where Coca-Cola is not available through authorized channels.

The thirty nations that belong to the OECD,who believe in market-allocation economic systems and pluralistic democracy,addressed the vexing problem of bribery by requiring members to cooperate when pursuing bribery allegations.

With a 2011 GNI per capital of $1,410,India has transitioned out from the former category and now is classified as a(n):

Porsche relies on currency hedging rather than price increases to boost pretax profits on sales of its automobiles.What is the advantage of doing this,and how does hedging work?

The "balance of payments" is a record of all economic transactions between the residents of a country and the developed countries of the world.

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:

Grocery distribution companies in Brazil use logistics software to route their trucks;meanwhile,horse-drawn carts are still a common sight on many roads.

The Cold War decades that followed World War II saw the East and the West jockeying for geopolitical advantage.

Among the upper-middle-income countries,also known as industrializing or developing countries,the following aspects are observed except:

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