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Web Quizzes
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1
The United States is a relative newcomer to the international business arena.
A)True
B)False
2
The objectives of the General Agreement on Tariffs and Trade were to liberalize trade by increasing tariffs.
A)True
B)False
3
Entrepreneurs doing business in the former U.S.S.R. should be aware that barter, or third-party arrangements, are commonplace.
A)True
B)False
4
Profits and tax benefits are common motivations for going global.
A)True
B)False
5
A disadvantage of using licensing as an entry strategy for a foreign market is the high amount of risk involved.
A)True
B)False
6
Embargoes or trade sanctions, export controls are aspects of:
A)technological environment.
B)distribution systems.
C)management contracts.
D)political philosophy.
7
In determining the best channel of distribution system for a country, the global entrepreneur needs to consider several factors. Which of the following is not a factor for consideration?
A)Amount and type of competition
B)Quality of human resources available
C)Geographical size and density of the country
D)Exchange rates and any controls
8
The General Agreement on Tariffs and Trade ___________________________.
A)includes over 1000 nations
B)increases tariffs, subsidies and import quotas
C)has little authority to enforce trade practices due to voluntary membership
D)was established in 1967
9
An opportunity assessment plan:
A)is the same thing as a business plan.
B)is longer than a business plan.
C)has a lot of computer-based spreadsheets.
D)focuses on the opportunity, not the venture.
10
Which of the following is not an aspect of nonverbal or hidden language?
A)Energy
B)Business relationships
C)Space
D)Time





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