McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Management Studies (BMS) , Master of Business Administration (MBA) .
Chapters
| 51. |
A strong orientation toward the home country is an indication of: |
| A. | ethnocentricity |
| B. | polycentricity |
| C. | geocentricity |
| D. | all |
| Answer» A. ethnocentricity | |
| 52. |
This is the feeling within a culture that its values are superior to those of foreign cultures. |
| A. | ethnocentricity |
| B. | polycentricity |
| C. | geocentricity |
| D. | all |
| Answer» A. ethnocentricity | |
| 53. |
A ___________ is a tax-free enclave in which imported goods can be stored or processed. It is alsonot considered part of the country as far as import and other regulations are concerned |
| A. | Free trade zone |
| B. | Port storage centre |
| C. | Corporate housing unit |
| D. | Manufacturing den |
| Answer» A. Free trade zone | |
| 54. |
In countries with rapid inflation goods are often sold below their cost of replacement |
| A. | True |
| B. | False |
| C. | none |
| D. | all |
| Answer» A. True | |
| 55. |
Deflation results in decreasing prices and creates a positive result for consumers, but it puts pressure on everyone in the supply chain to lower costs |
| A. | True |
| B. | False |
| C. | none |
| D. | all |
| Answer» A. True | |
| 56. |
A _________ exists when various companies producing similar products or services work together to control their markets |
| A. | Inflation period |
| B. | Deflation period |
| C. | Cartel |
| D. | Service |
| Answer» C. Cartel | |
| 57. |
Domestic cartelization is legal in North America |
| A. | True |
| B. | False |
| C. | none |
| D. | all |
| Answer» A. True | |
| 58. |
Canada does not allow foreign-market cartels if the results have an adverse impact on the Canadian economy |
| A. | True |
| B. | False |
| C. | none |
| D. | all |
| Answer» A. True | |
| 59. |
According to the textbook, international marketing is “the multinational process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives.” The definition fails to recognize: |
| A. | nonprofit marketing |
| B. | business-to-business marketing |
| C. | consumer marketing |
| D. | integration of the 4 Ps |
| Answer» B. business-to-business marketing | |
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