Estimating the Pervasiveness and Magnitude of Corruption c. Characteristics of Countries with High Perceived Corruption d. Anticorruption Laws and Regulations V. Conflict Resolution, Dispute Settlement, and Litigation p.
The Regulatory Environment p. The European Union b. Ethical Issues p. Summary p. What is sovereignty? Why is it an important consideration in the political environment of global marketing? For example, Europe views the U. Helms-Burton legislation against Cuba to be an unacceptable extension of sovereignty outside the U.
The political risk scores for Taiwan and the United States were identical in June of Do you agree that these countries have an identical level of political risk? Why not? Global marketing management Item Preview. EMBED for wordpress. Want more?
Advanced embedding details, examples, and help! Introduction to Global Marketing -- 2. Global Marketing Planning -- 3. Economic Environment -- 4. D heavy reliance on fossil fuels contributes to global warming. E people worldwide can afford to buy power generated from wind and solar. Answer: D Difficulty: Difficult Chapter LO: 4 AACSB: Analytical thinking Course LO: Identify and describe the processes and tools of strategic marketing 61 Which two companies are sourcing product components from small-scale enterprises, which in turn are helping preserve old-growth forests as well as economic opportunities in Brazil?
B Coca-Cola Company developing a beverage Vintago in low-income countries. C New e-commerce markets for interactive forms of electronic communication. D Hermes creating handbags called Amazonia. E India's Suzlon Energy using wind-driven turbines. B countries that believe in market-allocation economic systems. C pluralistic democracies. D countries that demonstrate progress toward economic reform.
E All of the above statements are applicable. B United States. C Canada. D Mexico. E Russia. B requiring members to cooperate when pursuing bribery allegations. C helping members candidly assess their own economic policies.
D member nations working together in committees to review social policies. A Triad countries account for approximately one-third of world income and one- third of world population. C Triad countries are those in which consumer products, industrial products, and the services sector each contribute one-third to GDP.
B In China, saturation levels of private motor vehicles and personal computers PCs are quite low. C In , EU had 49 cars per people. D In Russia, people out of 1, own cars. E In India, people out of 1, own cars. It is divided into the current and capital accounts. Current accounts include all of the following except: A balance on goods. B portfolio investments.
C balance on services. D goods imports. E goods exports. That China has about one half an elevator per thousand people is indicative of: A low product saturation level. B high product saturation level. C high population level. D high technological level. E low technological level.
B a seemingly insatiable consumer demand for imported goods. C the enormous cost of military operations in the Middle East. D the services trade surplus. E record goods sales to developing countries. B accounting and legal services.
C royalties and license fees. D engineering services. In August , the Russian economy imploded. As a result, all of the following listed events happened except: A the ruble plunged in value. B the government defaulted on its foreign debt obligation. C many Russians faced wage cuts and layoffs.
D Russia's economy did not recover from the impact. E savings were wiped out as banks collapsed. B a surplus production of goods and services. C a scarcity of goods and services within the country.
D a need for revaluation of its currency. D high technological level. E low technological level. B a seemingly insatiable consumer demand for imported goods. C the enormous cost of military operations in the Middle East. D the services trade surplus. E record goods sales to developing countries. B accounting and legal services. C royalties and license fees. D engineering services. In August , the Russian economy imploded. As a result, all of the following listed events happened except: A the ruble plunged in value.
B the government defaulted on its foreign debt obligation. C many Russians faced wage cuts and layoffs. D Russia's economy did not recover from the impact. E savings were wiped out as banks collapsed. B a surplus production of goods and services. C a scarcity of goods and services within the country. D a need for revaluation of its currency. E time for fluctuating its currency. B Germany. C the United States. D Japan. E Korea. E beef is less expensive in China than in the United States.
What is the most likely explanation for this? A Japan's Central Bank acted to prop up the yen. B Inflation in Japan suddenly spiked upward. C McDonald's headquarters stopped hedging. B the dollar has depreciated relative to the yen. C the yen has depreciated relative to the dollar. D the dollar has appreciated relative to the yen.
E the dollar and yen both remained same in value. B balance the relative value of the dollar compared to the euro. C protect all earnings from foreign-exchange movements. B new profit opportunities.
C lower local currency financing costs. D bad debts occur. E cancellation of aircraft equipment sales. In order to achieve success, based on author William Greider's analysis, what are the realities that executives and marketers should take into account in such a dynamic environment? Answer: a Capital movements have replaced trade as the driving force of the world economy; b production has become "uncoupled" from employment; c the world economy dominates the scene; individual country economies play a subordinate role; d the struggle between capitalism and socialism is largely over; and e the growth of e-commerce diminishes the importance of national barriers and forces companies to reevaluate their business models.
However, due to globalization it is harder to categorize the systems narrowly. What will be more robust descriptive criteria that can be used for classification? Answer: a type of economy; b type of government; c trade and capital flows; d the commanding heights; e services provided by the state and funded through taxes; f institutions; and g markets. Give examples of countries which follow these systems. Answer: In Centrally Planned Socialism, the state has broad powers to serve the public interest as it sees fit.
Ownership of entire industries as well as individual enterprises belongs to the government. The elements of the marketing mix are not used as strategic variables. In Centrally Planned Capitalism, economic system command resource allocation is utilized extensively in an overall environment of private resource ownership.
In Sweden, the government controls two- thirds of all expenditures, and the resource allocation is more "command" oriented than "market" oriented. This would be an example of centrally planned socialism although it can have elements of capitalism. China is an example of centrally planned socialism. A sustained economic growth B low engagement in agriculture C high degree of urbanization D heavy reliance on foreign aid Answer: D AACSB: Analytical thinking Difficulty: Easy 38 Which of the following categories of countries is referred to as a postindustrial country?
A low-income B upper-middle income C lower-middle income D high-income Answer: D Difficulty: Easy 39 Which of the following is the most valuable economic variable used to chart strategic plans for global market expansion of commercial products? A regulations B competitors C income D location Answer: C Difficulty: Easy 40 accounts for the largest share of output in less developed countries. A purchasing power parities B currency fluctuations C market demand and supply D production costs Answer: A Difficulty: Easy 43 Which of the following can be perceived from measuring actual individual consumption across global markets?
A Developed countries are likely to benefit more from full integration than developing countries. B Purchasing power differences do not account for differences in demand of products and services. C The living standards of high-income countries differ from low-income countries. Answer: C AACSB: Analytical thinking Difficulty: Moderate 44 Which of the following is the most important variable considered for identifying opportunities in the global economy to sell low-priced products?
A The annual rate of output is less than the total merchandise trade.
0コメント