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Question 1 1. What is outsourcing?
Question 2 2. Why must an international manager consider the sociocultural issues present in each foreign country?
Question 3 3. Which of the following describes a sweatshop?
Question 4 4. Technology present in a market is called the _____ environment.
Question 5 5. A _____ sets a numerical limit on how much of a product can be imported into a country.
Question 6 6. If a high tariff is imposed on a specific brand of handbags coming from France, what is a likely effect of this action?
Question 7 7. Which three countries are members of NAFTA?
Question 8 8. What does NAFTA stand for?
Question 9 9. Stuffed Snackfood Co. has changed the packaging and removed the salt from its corn chip offering. This is considered a(n) _____.
Question 10 10. How does market penetration pricing help with efficiency?
Question 11 11. Which statements are true regarding the new product development process?
Question 12 12. Why must marketers of new products be aware of the consumer adoption process?
Question 13 13. David Ricardo wanted to address the shortfalls in which theory of international trade?
Question 14 14. What are tariffs?
Question 15 15. What theory looks at network effects and economies of scale when it comes to the growth of globalization?
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