Tapping Into Global Markets - MCQs with answers - Part 2
Deciding how to enter the market1. The groups that purchases the manufacturer's products and then sells them abroad isa) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) None of the above
View Answer / Hide AnswerANSWER: b) Domestic-based export merchants
2. The groups that seeks and negotiates foreign purchases to earn a commission is a) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) None of the above
View Answer / Hide AnswerANSWER: a) Domestic-based export agents
3. The groups that carries on operations on behalf of several producers and are partly under their control is termed asa) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) Cooperative organizations
View Answer / Hide AnswerANSWER: d) Cooperative organizations
4. The groups that manages an organization's export operations for a fee are a) Domestic-based export agents
b) Domestic-based export merchants
c) Export management companies
d) Cooperative organizations
View Answer / Hide AnswerANSWER: c) Export management companies
5. _______requires less investment and is associated with less risk compared to _______.a) Indirect export, Direct export
b) Direct export, Indirect export
c) Indirect export, indirect investment
d) None of the above
View Answer / Hide AnswerANSWER: a) Indirect export, Direct export
6. If the international market is large, foreign production facilities help toa) Secure cost economies
b) Creates jobs
c) Deeper relationships with government
d) All of the above
View Answer / Hide AnswerANSWER: d) All of the above