Export Policy

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Question 1
1. -------------------------------------------------
 
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A non-traditional motivation for export is to exploit global presence, which means the corporation seeks to: -------------------------------------------------
Answer
| | use global money flows|
| | access lower cost structures|
| | take best advantage of scale economies|
| | avoid domestic competition|
5 points  
Question 2
1. -------------------------------------------------
 
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Which of the following is not a necessary condition for a company to be ready to go global? -------------------------------------------------
Answer
| | foreign language ability|
| | funding|
| | management commitment|
| | capability to make an international quality product| 5 points  
Question 3
1. -------------------------------------------------
 
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In order to make international sales, which of the following is a true statement? -------------------------------------------------
Answer
| | Travel to the foreign market is required.|
| | In depth product knowledge is the best advantage.|
| | Management must be experienced in international sales.| | | Must speak the foreign language.|
5 points  
Question 4
1. -------------------------------------------------
 
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Porter’s 5 competitive forces do not include:
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Answer
| | Leverage of suppliers|
| | Bargaining power of buyers|
| | Threat of substitutes|
| | Rivalry within the company’s sales team|
5 points  
Question 5
1. -------------------------------------------------
 
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When assessing your production line for export readiness, which...
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