International Marketing 10th Edition by Michael R. Czinkota-Test Bank

Test Bank for International Marketing 10th Edition by Michael R. Czinkota

ISBN-10:113362751X , ISBN-13:978-1133627517

Chapter 4: The Financial Environment

TRUE/FALSE

1. World aspirants are established multinational corporations wanting to modify their existing product lines to target new, emerging global core markets.

Answer: False Points: 1 Difficulty: Reasonable Reference: p. 91

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

2. Three of the 5 major industrialized nations in the world known as the Group of 5 include Chile, Canada, and Mexico.

Answer: False Points: 1 Difficulty: Simple Reference: p. 92

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

3. The fundamental aspects of a market can be understood by considering factors like those related to the population and its various characteristics, infrastructure, and social advancement.

Answer: True Points: 1 Difficulty: Simple Reference: p. 95

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

4. With the increasing life expectancy in a market and the emergence of new target markets, international marketers may be able to prolong product life cycles by promoting them abroad.

Answer: True Points: 1 Difficulty: Reasonable Reference: p. 96

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

5. A household refers to only related individuals who reside in the same housing unit.

Answer: False Points: 1 Difficulty: Simple Reference: p. 96

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

6. Consumption trends are not influenced by increased urbanization in markets.

Answer: False Points: 1 Difficulty: Reasonable Reference: p. 97

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

7. Purchasing power is determined by three distinct elements: available resources, climate, and demand.

Answer: False Points: 1 Difficulty: Reasonable Reference: p. 97

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

8. Income is a strong indicator of the market potential for most consumer and industrial products.

Answer: True Points: 1 Difficulty: Reasonable Reference: p. 98

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

9. Purchasing Power Parity (PPP) refers to the rate at which one country’s currency can be traded for another country’s currency.

Answer: False Points: 1 Difficulty: Reasonable Reference: p. 98

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

10. Per capita Gross Domestic Product (GDP) is commonly utilized as a primary benchmark for comparing purchasing power.

Answer: True Points: 1 Difficulty: Reasonable Reference: p. 98

Objective: Learning Outcome 4-1 Business Program: Analytic

Status: Discussion: International Perspective Key: Bloom’s: Information

Business and Management Associated Test Banks

Test Bank For Launching New Ventures An Entrepreneurial Approach 6th Edition By Kathleen R. Allen

Test Bank For Introduction To Materials Management 8th Edition By Chapman