1.11
(2 pts.)226. As a business strategy, dumping can be used to:
A. achieve eligibility for foreign aid.
B. better utilize e-commerce opportunities.
C. avoid trade protectionist laws.
D. gain a foothold in a new market.
# 1.12
(2 pts.)180. The measure used to report price changes at the wholesale level is the:
A. wholesale price index (WPI).
B. gross domestic product (GDP).
C. producer price index (PPI).
D. consumer price index (CPI).
# 1.13
(2 pts.)108. Which of the following strategies for reaching global markets involves the lowest risk and offers the lowest profit potential?
A. licensing
B. a joint venture
C. a foreign subsidiary
D. contract manufacturing
# 1.14
(2 pts.)80. The Dabble Corporation is a medium-sized firm that has decided to begin exporting its products. The company needs advice about how to get started as well as trade-finance support. The federal government has established _____________ to help companies in Dabble’s position.
A. Export Assistance Centers
B. export trading companies
C. the World Trade Commission
D. Federal Reserve Banks
# 1.15
(2 pts.)139. When Bagel Works employs in-store recycling, composting, and uses nontoxic cleaners, Bagel Works is participating in:
A. corporate philanthropy.
B. corporate policy.
C. corporate responsibility.
D. corporate social initiatives.
# 1.16
(2 pts.)109. The knowledge and skills students acquire in business courses will be useful to them:
A. only if they work for a nonprofit organization.
B. only if they work for a major corporation.
C. only if they start their own businesses.
D. if they work for any organization that produces goods and services, including nonprofit and volunteer organizations as well as businesses.
# 1.17
(2 pts.)256. Mostly Mirrors, Inc. is considering a program that would allow some of its workers to use flextime. One group of workers who would probably benefit from flextime is:
A. workers with young children.
B. workers who do not have access to computers at home.
C. workers who have little self-motivation.
D. front-line workers who must frequently meet with customers who visit the office.
# 1.18
(2 pts.)102. Appliance repair firms, tax consultants, law firms, and insurance companies are all business firms that are part of the:
A. neo-industrial sector.
B. service sector.
C. production sector.
D. management sector.
# 1.19
(2 pts.)243. Jamaica wants to buy vehicles from Ford Motor Company in exchange for Jamaican bauxite. Ford, however, does not have a need for Jamaican bauxite, but does have a need for computer monitors. Ford may trade vehicles to Jamaica, which then trades bauxite to another country, say India, which then exchanges computer monitors with Ford. This is an example of:
A. a letter of credit arrangement.
B. countertrade.
C. multinational trading.
D. global marketing.
# 1.20
(2 pts.)156. Management and employees at Boyer Enterprises are given time off each year to work in local charities. This firm clearly practices:
A. community mediation services.
B. participative funding.
C. corporate philanthropy.
D. social irresponsibility.
Mail this post
Technorati Tags: business courses, commerce opportunities, consumer price index, corporate philanthropy, export assistance centers, export trading, federal reserve banks, finance support, flextime, index cpi, market 1, nontoxic cleaners, producer price index, producer price index ppi, skills students, social initiatives, trade finance, volunteer organizations, wholesale level, wholesale price index