International Business Strategies Quiz
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Questions and Answers

What primary challenge is Procter & Gamble facing in expanding to India?

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Which of the following factors is NOT a barrier to international business expansion?

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What is one of the aims of P&G's CEO regarding global customers?

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What best describes international business?

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Which of the following would likely influence P&G's product strategy in India?

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What is one key issue Audiotech Electronics should consider for its global expansion?

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Which unique problem might a small business face in global expansion that larger firms may not?

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What benefit does Disneyland's international parks provide to local cities?

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What is a factor complicating international expansion for a brand like Disney?

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Why might Audiotech Electronics consider hiring a sales force native to the countries it enters?

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What is one major type of barrier that affects international trade?

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How does a country's infrastructure impact its economic development?

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Which of the following is an impact of exchange rates on international trade?

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What must a firm comply with when conducting business in a foreign country?

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Which barrier might restrict a firm from owning property in a foreign country?

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What is a common consequence of trade restrictions?

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What type of barriers may include varying ethical values in international trade?

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Which statement reflects an aspect of changing political climates in international trade?

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What is a cartel?

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Which of the following is an example of a political barrier in international business?

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What does the North American Free Trade Agreement (NAFTA) aim to achieve?

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How can research help international businesses regarding social and cultural barriers?

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Which trade organization evolved from the General Agreement on Tariffs and Trade (GATT)?

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What is a major technological barrier that can create opportunities in global marketing?

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Which of the following is a significant difference that can affect international business interactions?

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What type of information can assist businesses in navigating cultural differences?

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What is meant by absolute advantage in the context of international business?

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Which of the following statements best describes comparative advantage?

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What is a primary factor contributing to the rise of American companies in China?

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What does outsourcing refer to in the context of international business?

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Which environmental concern is currently faced by China?

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What measures is the Chinese government taking to address pollution?

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Why is the environmental impact of emissions a major concern for China?

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In terms of greenhouse gas emissions per capita, how does China compare to the United States?

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What trade agreement, effective January 1, 1994, aimed to simplify trade between the U.S., Canada, and Mexico?

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Which of the following correctly describes the European Union?

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What percentage of world GDP does the Asia-Pacific Economic Cooperation (APEC) hold?

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How many Starbucks stores does the company plan to have in China by 2015?

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What is a key strategy that Starbucks CEO Howard Schultz is implementing in their stores in China?

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What structural change is Howard Schultz making to accommodate Starbucks’ operations in Asia?

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What is one potential positive factor attributed to NAFTA for U.S. firms?

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Which trade organization serves as a platform for technical cooperation among its member nations?

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