1. When considering a new business venture, it is essential to know why you want to do that business and who are those that need to be involved. Which of the following is not a reason for a new venture? a. Increased competitiveness b. Long-term expansion c. increase revenue d. Decrease capabilities

2. _____________ is the sum of all costs beyond raw materials or manufacturing that takes into account the product delivery to the point where they produce revenue? a. Manufacturing cost b. Total price c. Landed cost d. Operation cost

3. A protectionist kind of tariff where local governments impose on foreign imports that it believes are priced below fair market value? a. Countervailing duties b. Excise tax c. Value Added Tax d. Anti-Dumping duty

4. __________________ is the process of acquiring and analysing information in order to understand a market and determine its future trends a. Competitive intelligence b. Market intelligence c. Both A and B d. Decision making

5. Which of the following is not a process of analyzing import cost and pricing? a. Assess the viability of transaction b. Determine the price of export c. Elaborate a pricing strategy

d. All of the above

6. The market's total amount of final goods produced in a countries ___________________ a. House disposable income b. Market size c. GNP d. GDP

7. Which cultural and lifestyle research objective includes varying preferences for products, foods and even brands a. Cultural preferences b. Material culture c. Both A and B d. Ethics and value

8. Which of the following political research objective focuses on identifying how property right and intellectual property rights are protected. a. Political instability b. Control over commerce c. Tax regimes d. Legal protection for intellectual rights

9. ________________ is the process of analyzing information about all aspects of the competitive environment for the purpose of formulating plans and strategies a. Competitive intelligence b. Market intelligence c. Both A and B d. Decision making

10. which of the following is not a primary data collection tool? a. survey

b. questionnaire c. observation d. data from the website

11. _______________ is a stage in research where we define the problem, need or opportunity driving the research a. creating a research brief b. screen potential markets c. defining the research objective d. all of the above

12. An important aspect of research is outlining the parameters and planning the research a. stage 1 b. stage 2 c. stage 3 d. final stage 13. Telephone or face-to-face interview is an example of _____________________? a. quantitative study b. qualitative study c. survey d. none of the above 14. A research where information is collected informally to gain insights about a market is called? a. causal b. quantitative research c. explorative research

d. none of the above 15. The following are secondary data sources except ______________? a. country reports b. directories c. diaries d. all of the above 16. The ownership-based investment where the investing organization establishes a completely new operation in a target market, building it from the ground is called ______________? a. greenfield b. Brownfield c. Acquisition d. Joint venture

17. In this type of ownership-based investment, the investor purchases an exiting operation in the target market. What type of market is called? a. greenfield b. Brownfield c. Acquisition d. Joint venture 18. FDI based on strategic alliances include all of the following except? a. Supplier alliances b. Research consortium c. co-production alliance d. Joint venture 19. Which of the following is the loosest form of strategic alliance?

a. co-marketing alliance b. supplier consortium c. bidding consortium d. Merger 20. This form of macroeconomic data compares the purchasing power of different currencies in their domestic market is called __________________? a. Gross Domestic Product b. Gross National Product c. disposable income d. Purchasing Power Parity 21. The following are all characteristics of export ready organizations except? a. The product is a domestic success b. The product has a specific advantage over the competition c. The product is not competitively priced d. The organization has a solid domestic business plan with proven effectiveness

22. In identifying the ethical and values research objectives, which of the following should be considered? a. identify national language b. Exploring whether dealing with a foreign trader is considered a suspect activity c. Describing the societal roles and expectation d. None of the above 23. ______________is a type of ownership-based investment where an organization acquires an existing facility in the target market a. Greenfield b. Joint venture c. Acquisition d. Brownfield 24. In identifying the key research objectives for importing, "identifying whether counter-trade arrangements are required" for a particular import falls under which of the following?

a. Marketing benefit b. Socio Cultural environment c. Political and legal environment\ d. Labour environment

25. What type of incoterm has the buyer bearing all risks and costs from picking up the goods from the seller's location to product delivery? a. Free carrier b. Ex Works c. Carriage Paid To d. FOB

26. The following are incoterms except? a. CIP b. DAS c. CFR d. DDP

27. Which of the following incoterms rules apply to sea and waterway transport only? a. EXW b. DAT c. FOB d. DDP

28. Which of the following is considered an indirect form of taxation? a. Harmonized sales tax b. Value added tax c. Sales tax d. Excise tax 29. All of the following are pricing strategies except? a. Cost push pricing b. Competitor based pricing

c. Value based pricing d. All of the above

30. _____________ is a type of pricing strategy where one benchmarks his price based on the competitor's price? a. Cost push pricing b. Competitor based pricing c. Value based pricing d. All of the above

True / False Statements 31. In all the incoterms, insurance charges are negotiable a. True b. False

32. Employment of unique expertise is not a motivation for considering a new international venture a. True b. False 33. A change readiness tool guides organizations through a process to identify their current strengths and weaknesses a. True b. false 34. In addressing the cultural competency gap organizations may develop a plan to train existing employees on a new machine introduced recently a. True b. false 35. Countervailing duties are used to fighting dumping a. True b. False

36. Household disposable income is the average amount a household has to spend before taxes a. True b. False

37. Bidding consortium is a type of ownership based investment a. True b. False 38. In creating a research brief the deadline is not a necessary component a. True b. false 39. Forward contracts is one of the ways to hedge a. True b. False

40. The HC coding system is used in negotiating trade agreements a. True b. False

41. Which of the following investment based on strategic alliance focuses on establishing a long- term relationship with sellers of parts, technology, equipment or other key inputs? a. Research consortium b. Co-marketing alliance c. Supplier alliance d. Bidding consortium

42. Which research design involves collecting information informally to gain insights into some aspects of trade? a. Quantitative research b. Descriptive research c. Exploratory research d. Causal research

43. Which type of research design involves attempting to determine whether one market impacts another? a. Descriptive research b. Causal research c. Qualitative research d. All of the above 44. Another name for longitudinal research is ? a. Continuous research b. Causal research c. Qualitative research d. All of the above 45. which of the following research involves investigating a single problem a single problem or opportunity at one point? a. Continuous research b. Ad hoc research c. Both A and B d. None of the above 46. Which of the following is a consumption tax imposed by the government on the sale of goods and services. a. Value Added Tax b. Sales tax c. Excise tax d. All of the above 47. Ethical costing includes which of the following a. Cost of all raw materials b. Operation coat c. Offering compensation to employees d. All of the above 48. All the following are secondary data sources except?

a. Country reports b. Directories c. Organization's websites d. Surveys 49. In addressing the gaps in logistics, the organization may? a. Develop a plan to train new staff b. Develop and execute a training plan to improve its employees's abilities to work in different cultural settings c. Need to secure a freight forwarder d. All of the above 50. The following are part of defining research objectives except? a. Identify the problem b. Develop timelines c. Identify opportunities d. Develop questions