International Marketing Quiz 1

promoting idealogy

A major goal of the European Union government is to provide full employment and increasing standard of living for its citizens by encouraging foreign investment in the EU and promoting EU exports in foreign markets. These actions are motivated by the EU government's interest in _______ _______

home

An American company sets up a subsidiary in Thailand, including a production facility and marketing/sales office. In this example, the USA is a(n) _____ country

ownership restrictions

Coke decided to abandon its Indian operations in the late seventies because of _________ ________

indirect government subsidy

Ecuador provides electricity to several large exporting companies in Quito, the capital city. This is an example of a(n) ________ ________ _________

pressure

Friends of the Earth Indonesia and other non-governmental organizations complained that Mobil Oil was complicit in human rights abuses that had occurred during the construction of its pipeline in the Ache province of Indonesia. They tried to pursue the Indonesian government to end their joint venture with Mobil Oil. These organizations are examples of _____ groups

exporters

Government subsidies are most likely to be given to firms that will be major _________, they do this to attract foreign investment

self preservation

In Australia, foreign ownership of television stations is limited to no more than 20 percent. It is feared that if a foreign country controlled the media, it could influence public opinion and national sovereignty. This regulation is motivated by the Australian government's interest in ________ ________

operating conditions

In Vietnam, foreign electric component manufacturers are required by the Vietnamese government to prove that a minimum of 20 percent of the components must be made with local input products. This is an example of ________ ________

cultural identity

In the past, Iran and Venezuela have attempted to outlaw foreign brand names, requiring international marketers to establish names for their products in Persian and Spanish. These governments were interested in _______ ________

trade embargo

Most U.S. companies do not do business in Cuba due to _______ ________ enacted in the 1960s (home country action)

sovereignty

Supremacy of authority rule free from external control

ownership restriction

The Iraqi government limits foreign ownership of businesses in Iraq to 49 percent. This is an example of a(n) __________ _________

enhancing prestige

The Nigerian government decided to host the All-Africa Games in 2003, despite the fact that building costs for a new stadium exceeded $340 million, twice what the government planned to spend on health care for one year. This action was motivated by the Nigerian government's interest in ________ ________

direct subsidy (government subsidy)

To support the local apparel industry, the Bulgarian government pays each Bulgarian apparel company US$1 for each piece of clothing that they export. This is an example of a(n) ________ _______

host

an american company sets up a subsidiary in Thailand, including a production facility and marketing/sales office. In this example, Thailand is a(n) _______ country

common law

based on english law found in the UK and US based off of precedents from earlier cases

under socialist law

economic power was often centralized and market economies were virtually unknown, business laws were absent or under developed

product liability laws

first introduced in the U.S., if a product sold in defective condition becomes unreasonably dangerous to use then both the manufacturer and distributor can be held accountable under U.S. law

power distance, human nature orientation

in germany, rules are strictly applied because of its low _______ _______ and low _______ ________ _________

markets, business

international companies may come under attack from home country pressure groups because of their choice of _________ and methods of doing __________