"An important supplier of import products has been failing to meet the number of orders made by an organization. The domestic market for these products is growing." According to the SWOT analysis, this is an example of *

Opportunities

Weaknesses

Threats

Strengths

Which of the following descriptive information is/are about the aspect(s) of the target market intelligence? *

Political and legal environment

Market characteristics

Product market

Infrastructure

All of the above

Regarding the market intelligence, for each global market being considered, researchers should gather all following classes of information Except: *

The forces affecting the market

The factors shaping the political, legal and business environment

Product specific or service specific data

Both b and c

None of the above

Which of the following rule/s is/are ICC's responsibilities? *

All Rules regarding trade finance

International Trade Law

All Rules regarding Freight Forwarding

All of the above

Regarding the SWOT analysis, a company's unique product, and the possibility of competitor moving into exports before the company does, are *

Strengths and opportunities

Strengths and a threats

Opportunities and weaknesses

Opportunities and threats

"A cheese-making organization has been successfully operating domestically for many years. A new international trade deal has made it possible to export dairy products into a neighbouring country." According to the SWOT analysis, this is an example of: *

Threats

Weaknesses

Strengths

Opportunities

Governments can control the inflation by allowing the money supply to grow no faster than the number of times per year the average money is spent. *

True

False

GDP is: *

Gross Domestic Product, is the monetary value of all the finished goods and services produced in a specific time period, and serves as a measure of a nation's productivity.

Gross Domestic Product, is the monetary value of all the finished goods and services produced within a country's borders in a specific time period, and serves as a measure of a nation's productivity.

Gross Domestic Product, is the value of all the finished goods and services produced in a specific time period, and serves as a measure of a nation's productivity.

Gross Domestic Product, is the monetary value of all goods and services produced within a country's borders in a specific time period, and serves as a measure of a nation's productivity.

All of the following forms of foreign direct investments are investment based on strategic alliances Except: *

Merger

Research consortium

Co-production alliance

Bidding consortium

All of the following forms of foreign direct investments are ownership based investments Except: *

Bidding consortium

Brownfield

Greenfield

Joint venture

Which of the following rule/s is/are WTO's responsibilities? *

All Rules regarding trade finance

International Trade Law

All Rules regarding Freight Forwarding

Tariff and Trade Agreements

Both b and d

Regarding the key research issues for exporters, the presence of market resources such as oil, soil, timber and minerals ___________________. *

Increases a country's wealth

Leads to increased development of infrastructure.

Needed for production processes if a company is considering sourcing goods from an international market or setting up a production site in the target market.

Both a and c

All of the above

The company decides whether or not to export its products or services into a market. This level of decision making refers to ______________. *

Tactical level

Operational level

Strategic level

Both b and c

All of the above

Until 2004, South Koreans worked a six day workweek. In 2004, the South Korean government started shortening the workweek from six days to five. In 2007, all companies with 50 or more employees had to provide two days of free time a week. As of 2011, all companies in South Korea comply with the five-day workweek. This major shift in lifestyle has led to a boom in hotels, tourism and the consumption of Western style leisure time products. It has even changed eating habits; between 2005 and 2007, two hundred restaurants opened in the capital city of Seoul to provide Western_style brunch foods including blueberry pancakes, bagels, steaks, and eggs and bacon.The above case study is an example of: *

Lifestyle changes in the South Korea create a market for foreign exporters of consumer products.

Lifestyle changes in the South Korea increase the market for Korean importers of consumer products.

Lifestyle changes in the South Korea create a market for foreign exporters of industrial goods and components.

Lifestyle changes in the South Korea increase the market for Korean importers of industrial goods and components.

Both a and b

When answering the research question, Should the organization begin exporting its products to one of its neighbouring countries? Which of the following is an example of a relevant research objective? *

Describe immigration procedures to the neighbouring country.

Define the procedures governing legal incorporation of a business in the neighbouring country.

Identify and solve the organization's marketing issues.

Identify the neighbouring country's average income and income-distribution figures.

The Current Accounts is part of: *

Official reserve accounts in a country that includes import, export, transfers and foreign exchanges.

National accounts in a country that includes import, export, transfers and interest payments.

Official accounts in a country that includes imports, exports, transfers and interest payments.

Public accounts in a country that includes import, export, gold and foreign exchanges.

"About 70% of India's population is dependent on agriculture for their subsistence. India has been trying to attract a large number of foreign investors and has set up special economic zones to achieve this goal. In these economic zones, foreign companies get tax breaks for setting up manufacturing facilities and other business. However, the land for the zones is often acquired by forcing farmers from their lands or buying them for well below the market value. This practice led to mass protests in 2007, when nearly 30,000 newly landless protestors marched through New Delhi requesting property and land reform."The above short case study is an example of: *

Hostility to foreigners, foreign trade or foreign investment

Weak legal protection for property and intellectual property rights

Political instability

Legal requirements for business registration, incorporation, local partnering or other types of performance

A key element of an effective database is that all decision makers are gaining information to make strategic decision with the same goal in mind. *

True

False

"The systematic gathering, recording and analyzing of data with respect to all aspects of conducting business in international markets" is the definition of: *

International strategic planning

International trade research

International marketing

International market research

According to the Organisation for Economic Co-operation and Development (OECD), the average of the Canada household disposable income in 2013 has been increased by 1.89%. This means: *

The average amount of the after tax income to spend for goods and services other than the essential items increased by 1.89%.

The average amount of income taxes decreased by 1.89%.

The average amount of after tax income increased by 1.89%.

The average amount of the payment of essential items decreased by 1.89%.

The research process includes the following Sequence Stages: *

Defining the research objective, selecting research design and data source, designing data collection tools and collecting data, creating research brief, organizing and analyzing the data, and finally presenting the conclusions and applying the research.

Defining the research objective, creating research brief, selecting research design and data source, designing data collection tools and collecting data, organizing and analyzing the data, and finally presenting the conclusions and applying the research.

Defining the research objective, creating research brief, selecting research design and data source, organizing and analyzing the data, designing data collection tools and collecting data, and finally presenting the conclusions and applying the research.

Defining the research objective, creating research brief, designing data collection tools and collecting data, selecting research design and data source, organizing and analyzing the data, and finally presenting the conclusions and applying the research.

When a company is planning a media for market intelligence, the process is: *

Choose the media solution, Translate marketing objectives into media objectives, and then Define the marketing problem

Define the marketing problem, Choose the media solution, and then Translate marketing objectives into media objectives

Choose the media solution, Define the marketing problem, and then Translate marketing objectives into media objectives

Define the marketing problem, Translate marketing objectives into media objectives, and then Choose the media solution

All of the followings are internal secondary data sources EXCEPT ______________. *

Sales and accounting records

Distributors and customers

Trade or industry associations

Employees with experience in the target market

FTZ is: *

An area between two or more countries conducting free trade within the members, like NAFTA.

A free trade to be conducted in an area inside the border of a country with tax incentives, like MERCOSUR.

An area between two or more countries conducting free trade within the members, like MERCOSUR.

A free trade to be conducted in an area inside the border of a country with tax incentives, like RAK.

Both b and d