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Export Policy

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Export Policy
Question 1 1. ------------------------------------------------- -------------------------------------------------
A non-traditional motivation for export is to exploit global presence, which means the corporation seeks to:
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Answer | | use global money flows | | | access lower cost structures | | | take best advantage of scale economies | | | avoid domestic competition |
5 points
Question 2 1. ------------------------------------------------- ------------------------------------------------- Which of the following is not a necessary condition for a company to be ready to go global?
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Answer | | foreign language ability | | | funding | | | management commitment | | | capability to make an international quality product |
5 points
Question 3 1. ------------------------------------------------- ------------------------------------------------- In order to make international sales, which of the following is a true statement?
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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. ------------------------------------------------- ------------------------------------------------- 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. ------------------------------------------------- -------------------------------------------------
When assessing your production line for export readiness,
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