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10:58 PM Sun Nov 26 . . . 74% 10:58 PM Sun Nov 26 Test 2 Practice (1) 74% Z) Test 2 Practice @ 00

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10:58 PM Sun Nov 26 . . . 74%

10:58 PM Sun Nov 26 Test 2 Practice (1) 74% Z) Test 2 Practice @ 00 Test 2 Practice 5) According to the U.S. Department of Commerce, what occurs whenever a U.S. citizen, organization, or affiliated group takes an interest of 10 percent or more in a foreign business entity? A) multilateral investment B) foreign direct investment C) privatization D) an absolute advantage E) isolationism 6) A U.S.based company set up operations in Indonesia and determined that there wasn't a qualified applicant pool in Jakarta to fill its senior management positions. What staffing policy will the company most likely follow? eurocentric B) ethnocentric C) polycentric D) geocentric E) transnational 7) In terms of the gold standard, gold par value referred to A) the ability of a nation to exchange gold for imported goods. B) pegging currencies to something other than gold, such as goods. C) the amount of gold a government had to maintain in its reserves. D) the amount of currency needed to purchase one ounce of gold. E) the net worth of gold when used for trade. 8) Many elderly travelers and those travelers with certain physical disabilities are unable to climb stairs to motel rooms that are not on the first floor. The Walk Right Inn has catered to this specific group of customers via its motels, all of which have one floor of rooms with no stairs to climb. What did Walk Right Inn use to identify these distinct groups of consumers whose needs, wants, and purchasing behavior differ from others in important ways? A) market penetration B) market development C) market segmentation D) product development

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