Business 302 Management Concept Week 5 Quiz 5

Course Management Concepts
Test Quiz 5
Started 5/15/14 4:09 PM
Submitted 5/15/14 4:26 PM
Status Completed
Attempt 90 out of 90 points
Score
Time 16 minutes out of 2 hours.
Elapsed
Instructions This quiz consist of 30 multiple choice questions. The first 15
questions cover the material in Chapter 8. The second 15 questions
cover the material in Chapter 9. Be sure you are in the correct
Chapter when you take the quiz.
 Question 1
3 out of 3 points


____ is the set of shared values and beliefs that affects the perceptions, decisions, and behavior
of people from a particular country.
Answer

Selected
Answer: National culture

Correct Answer:
National
culture


 Question 2
3 out of 3 points


A(n) ____ is a direct tax on imported goods designed to make it more expensive to buy those
goods, instituted in hopes of reducing the volume of those imported goods in a given country.
Answer

Selected
Answer: tariff

Correct Answer:
tariff


 Question 3
3 out of 3 points

, ____ occurs when a company sells domestically produced products to customers in foreign
countries.
Answer

Selected
Answer: Exporting

Correct Answer:
Exporting


 Question 4
3 out of 3 points


Protectionism is the use of trade barriers to protect local companies and their workers from
____.
Answer

Selected Answer:
foreign
competition

Correct Answer:
foreign competition


 Question 5
3 out of 3 points


An expatriate is someone who ____.
Answer

Selected Answer:



Correct Answer:
lives and works outside of his or her own country


 Question 6
3 out of 3 points


Fran Wilson Creative Cosmetics is a medium-sized U.S. company that sells 1.5 million tubes
of its lipstick annually in Japan. It has no physical presence within the country beyond the fact
its products are sold there. Fran Wilson Creative Cosmetics uses ____ to reach the Japanese
market.
Answer