IB 300 - FINAL EXAM.docx

Functional areas and quality of the product 15 an

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) Functional areas and quality of the product 15) An entire manufacturing system with unbalanced operations that emphasizes total system performance is 15) synchronous 16) Why do companies not export? 16) They are reluctant to embark on a new and unknown operation. 17) When no exporting firms are asked why they do not export, they commonly list each of the following as problems except 17) international marketing skills 18) What is the first step in locating foreign markets? 18) Determining whether there is a need for the firm’s products 19) Once the potential exporter has established that there may be a market for the firm's products, it's time to 19) draft the export
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20) For U.S. firms that already are exporting, which of the following organizations offers export promotion activities that include export counseling, analysis of foreign markets, assessment of industry competitiveness, and development of market opportunities and sales representation through export promotion events? 20) International Trade Administration 21) Which of the following does not belong to the International Trade Administration? 21) SBA (Small Business Administration) 22) Global Markets Unit specialists seek to provide which of the following services to U.S. firms? 22) Advocacy for market access 23) The Small Business Administration (SBA) provides what kind of assistance? 23) Business Development Assistance and Financial Assistance 24) The Enforcement and Compliance unit of the ITA helps American business by 24) shaping industry-specific trade policies and promotion strategies. 25) The U.S. Department of Education provides what program to support education related to international business and trade in 17 universities? 25) CIBER 26) Export marketing plans should be specific about all of the following except 26) The management plan 27) Once the firm knows that a potential market exists, it needs to do all of the following except 27) set up a foreign subsidiary 28) Credit information can be available for new exporters through all of the following except 28) The SBA (Small Business Administration) 29) Of the 12 most common mistakes and pitfalls awaiting new exporters listed in the textbook, which one of the following is not in the list? 29) None of the Above
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