Question

  

Which of the following is NOT important when assessing export markets?a. Import regulations, import quotas, and duty rates

b. Actual size of the market and potential size of the market

c. Economic conditions and economic factors such as natural resources, industrial development, income levels and economic development

d. The frequency of direct flights to that country for ease of sales visits

e. Availability and cost of transportation14. A partial list of cultural aspects to consider when assessing export markets would include:a. customs, cultural differences, climate, language, and local politics.

b. living standards, religious differences, foreign exchange rate, and customs.

c. average life span, social customs, slang usage, and national holidays.

d. average income per capita, legal system, degree of corruption.

e. all of the above.15. Your choice of export distribution systems can most influence:a. what products can be sold, how exports are financed, terms of sale.

b. current pricing, terms of sale, and how much control you have over your product

c. your domestic organization structure, the cost of your products, the quantity discounts offered

d. the payment methods used by foreign customers, administrative costs, commissions paid.

e. none of the above,16. Export Management Companies (EMC) are in business to assist companies with little or no export experience. Their services include:a. transacting business in the name of the manufacturers they represent

b. buying products from manufacturers and reselling them abroad

c. offering their services to manufacturers for a commission, salary or a retainer plus commission

d. acting as a replacement for a freight forwarder.

e. A & C