Tapping Into Global Markets - MCQs with answers - Part 2

Tapping Into Global Markets - MCQs with answers - Part 2


Deciding how to enter the market

1. The groups that purchases the manufacturer's products and then sells them abroad is

a) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) None of the above

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ANSWER: b) Domestic-based export merchants



2. The groups that seeks and negotiates foreign purchases to earn a commission is

a) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) None of the above

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ANSWER: a) Domestic-based export agents



3. The groups that carries on operations on behalf of several producers and are partly under their control is termed as

a) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) Cooperative organizations

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ANSWER: d) Cooperative organizations



4. The groups that manages an organization's export operations for a fee are

a) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) Cooperative organizations

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ANSWER: c) Export management companies



5. _______requires less investment and is associated with less risk compared to _______.

a) Indirect export, Direct export
b) Direct export, Indirect export
c) Indirect export, indirect investment
d) None of the above

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ANSWER: a) Indirect export, Direct export



6. If the international market is large, foreign production facilities help to

a) Secure cost economies
b) Creates jobs
c) Deeper relationships with government
d) All of the above

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ANSWER: d) All of the above


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