Graded Homework

1. Warranties are a valuable advertising tool.

   True

   False

2.4 points

QUESTION 2

1. Considering trade agreements and programs is essential in developing a marketing strategy.

   True

   False

2.4 points

QUESTION 3

1. An advantage of direct exporting is that the exporter has more control over the export process.

   True

   False

2.4 points

QUESTION 4

1. In addition to Federal agencies state and local agencies may also provide valuable export assistance.

   True

   False

2.4 points

QUESTION 5

1. Secondary market research should be the first source of a company’s information.

   True

   False

2.4 points

QUESTION 6

1. The government cannot offer any assistance to companies wishing to export a service.

   True

   False

2.4 points

QUESTION 7

1. The Commercial Service of the Department of Commerce offers some programs and services free of charge to potential exporters.

   True

   False

2.4 points

QUESTION 8

1. Passively filling orders from domestic buyers who the export your product is a form of direct exporting.

   True

   False

2.4 points

QUESTION 9

1. Product adaptation is required in all exports.

   True

   False

2.4 points

QUESTION 10

1. In organizing for exporting it is preferable for a company to separate international functions from domestic.

   True

   False

2.4 points

QUESTION 11

1. Pre-sale and post-sales services are not required in export sales.

   True

   False

2.4 points

QUESTION 12

1. Assessing your company with regard to internationally experienced personnel is important in developing an export plan.

   True

   False

2.4 points

QUESTION 13

1. Statistics gathering is vital to market research.

   True

   False

2.4 points

QUESTION 14

1. Mexico, Canada, the United States, and Chile are all members of the North American Trade Agreement.

   True

   False

2.4 points

QUESTION 15

1. Imposition of trade barriers can be either political or economic in nature.

   True

   False

2.4 points

QUESTION 16

1. Selling your product domestically which in turn is exported by the buyer is a form of direct exporting.

   True

   False

2.4 points

QUESTION 17

1. Agent/Representative arrangements, Distributorships, and Export Management Companies are all examples of direct exporting.

   True

   False

2.4 points

QUESTION 18

1. The Small Business Administration cannot offer export assistance.

   True

   False

2.4 points

QUESTION 19

1. Banks, hospitals, and foreign governments are examples of end users.

   True

   False

2.4 points

QUESTION 20

1. A particular market technique can be assumed to be successful in all countries.

   True

   False

2.4 points

QUESTION 21

1. A company should rely on primary research first in developing its export plan.

   True

   False

2.4 points

QUESTION 22

1. Product adaptation refers to fitting your product into the foreign market’s needs.

   True

   False

2.4 points

QUESTION 23

1. In entering an arrangement with a foreign representative it is preferable to obtain a lawyer in the United States to prepare a contract.

   True

   False

2.4 points

QUESTION 24

1. Detailed, written plans would help in developing a successful export program.

   True

   False

2.4 points

QUESTION 25

1. In assessing a foreign sales representative or agent, little background information would be required.

   True

   False

2.4 points

QUESTION 26

1. Department of Commerce trade events are excellent ways to develop foreign contacts.

   True

   False

2.4 points

QUESTION 27

1. Technology licensing and joint ventures are methods of selling your product in foreign markets; these methods have no risk involved.

   True

   False

2.4 points

QUESTION 28

1. Selling to foreign retailers is generally limited to consumer goods.

   True

   False

2.4 points

QUESTION 29

1. In preparing an export plan it will be necessary to study your customers’ profile and which distribution channel should be used for reaching customers.

   True

   False

2.4 points

QUESTION 30

1. Examples of service exports include travel and tourism, environmental services, and education and training.

   True

   False

2.4 points

QUESTION 31

1. A foreign distributor purchases goods from a U.S. exporter and re-sells them at a profit.

   True

   False

2.4 points

QUESTION 32

1. Selling to foreign retailers is a form of direct exporting.

   True

   False

2.4 points

QUESTION 33

1. Sales representatives and agents in your target market will take title of the goods you export.

   True

   False

2.4 points

QUESTION 34

1. Examining the demographics of a foreign market is critical in developing your export marketing plan.

   True

   False

2.4 points

QUESTION 35

1. Market research will help you decide the needs your product can satisfy.

   True

   False

2.4 points

QUESTION 36

1. Trade shows and fairs in foreign countries are excellent venues to showcase your product in a foreign market.

   True

   False

2.4 points

QUESTION 37

1. The U.S. Government offers market research that has already been done.

   True

   False

2.4 points

QUESTION 38

1. In researching foreign customs regulations the following must be taken into account:

   Tariff rates

   Government imposed tariffs

   Product regulations

   All of the above.

2.4 points

QUESTION 39

1. Management commitment is not critical in developing an export program.

   True

   False

2.4 points

QUESTION 40

1. Which of the following is not an example of intellectual property?

   Copyrights

   Molds

   Patents

   Trade Secrets

2.4 points

QUESTION 41

1. In developing an export program support from top management is not necessary.

   True

   False

2.4 points

QUESTION 42

1. Export Management Companies are a form of indirect exporting.

   True

   False

I need this done, i believe you got it done earlier this summer….how much can you get it done for within 30 min?