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Question;Question 1. Question;(TCO 1) Trading Blocs are;Student Answer: organization of nations that remove barriers;to trade among their members.;international trading partners.;companies created to set up to trade between;countries.;All of the Above;None of the Above;Question 2. Question;(TCO 3) A long-term;partnership between two or more companies established to help each company;build competitive market advantages is;Student Answer: licensing.;strategic alliance.;free trade.;exporting.;common market.;Question 3. Question;(TCO 3) The value of one;nation?s currency relative to the currencies of other countries is known as;Student Answer: balance of trade;devaluation;dumping;embargo;exchange rate;(TCO 2) What is a document that protects a creator?s rights;to materials such as books, articles, photos, paintings, and cartoons?;Student Answer: Administrative agencies;Uniform Commercial Code;Copyright;Negligence;Tort;Question 2. Question;(TCO 2) Legal procedures;initiated by a debtor who are unable to meet their financial obligations is;called _____.;Student Answer: bankruptcy;damages;taxes;contract;judiciary;Question 3. Question;(TCO 2) What is the dimension;of social responsibility that includes everything from hiring minority workers;to making safe products?;Student Answer: Social audit;Corporate philanthropy;Integrity-based ethics codes;Corporate policy;Corporate responsibility;(TCO 5) Marketing;intermediaries who bring buyers and sellers together and assist in negotiating;an exchange is called _____.;Student Answer: administered distribution system;agents and brokers;retailer;distribution channel;contractual distribution system;Question 2. Question;(TCO 9) What producer uses;advertising, personal selling, sales promotion, and all other promotional tools;to convince wholesalers and retailers to stock and sell merchandise?;Student Answer: Pull Strategy;Push strategy;Marketing mix;Interactive promotion;Qualifying;Question 3. Question;(TCO 8) Any physical good;service, or idea that satisfies a want or need by someone is called a _____.;Student Answer: product;place;promotion;price;marketing


Paper#52231 | Written in 18-Jul-2015

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