31.

When non-exporting companies are asked why they don't export; they generally list _________as reasons.

Group of answer choices

all of the answers are correct.

none of the answers.

exporting procedures.

maintaining focus on a domestic market.

32.

Which of the following is the riskiest for exporters:

Group of answer choices

cash on hand.

open account.

cash balance.

bank collection time draft.

33.

International companies often hire expats based on qualifications, expertise and without considering citizenship.This practice is ______________staffing policy.

Group of answer choices

geocentric

polycentric

regiocentric

ethnocentric

34.

Companies export products because:

Group of answer choices

No single country has a comparative advantage producing products/services.

No single country has an absolute advantage producing products/services.

Identifying foreign markets is easier.

35.

Generally, managers prefer global product standardization because:

Group of answer choices

Markets prefer product standardization.

There can be limited product runs.

A standardized corporate visual image projects consistency across nations.

36.

Generally, ___________ products require greater modification to meet local market demands worldwide.

Group of answer choices

all of the above

industrial

consumer.

37.

Hiring others to perform some of the noncore activities and decision making in a company's value chain, rather than having the company and its employees perform these tasks is:

Group of answer choices

subcontracting

outsourcing.

supply chain management.

38.

Efforts to improve the effectiveness and efficiency of a firm's international operations by performing activities differently or performing different activities, in other words, managing the companies_____________ more efficiently.

Group of answer choices

Supply chain management.

offshoring.

Outsourcing..

39.

The following arrangements can provide a firm with foreign products:

Group of answer choices

domestic company.

none of the above

wholly owned subsidiary..

40.

Reasons for sourcing globally include:

Group of answer choices

product not available locally

a lower price

all answers are correct