INSTURCTION
Try answering ALL questions and click on SHOW ANSWERS at the bottom of the page to see the suggested answers. All the best!!
1. The structural adjustment program, is a typical ......... tool because it essentially sought to eliminate taxes on exports, restrictions on imports and reduction of import tariffs.
2. The perceived benefits one gets from acquiring or owning a certain product is termed
3. .........refers to a social movement designed to augment the rights and powers of buyers in relation to sellers.
4. All the following are arguments for multi-national companies for the host country except
5. Which of these tendencies may push companies to adopt multi-domestic market orientation?
6. In...... cultures, less information is required in verbal communication.
7. ........ consist of constraining commercial measures aiming at limiting the passage of certain goods to the border, submitting them to specific export regimes.
8. The following are all features of technology except...
9. Threat of substitute products or services is heightened all these instances except
10. All the following are arguments for fixed exchange rate systems except
11. The ....... innovation demands high skilled workers and higher capital for the purposes of developing and researching the product.
12. From the perspective of ........ theory, the wealth and size of market in developed countries give big incentive to the firms to produce new products.
13. According to the Theory of Competitive Advantage of Nations, is a system that is reciprocally maintaining each other.
14. .........is a tax placed on incoming goods by the host country.
15. ........... is a limitation in value or in physical terms, imposed on import and export of certain goods for a certain period of time.
16. When do consumers have the least bargaining power against sellers?
17. The choice of whether to be a technological leader or follower is based on the following except
18. Which of these global strategic orientations is characterized by attaining efficiencies of scale by developing a standardized marketing mix applicable across national boundaries?
19. Which consumer protection legislation is premised on the idea that it is illegal to sell products with serious flaws or problems and goods sold should conform to the description provided?
20. .......... refers to the sale of a product at a price lower than that normally charged in a domestic market or country of origin
