Exam 3: BUSI 3250 Auburn (Latest 2026/2027 Update) Questions with Verified Answers| 100% Correct| Graded A+

Exam 3: BUSI 3250 Auburn (Latest
2026/2027 Update) Questions with Verified
Answers| 100% Correct| Graded A+
Question:

Trend Analysis?
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Answer:

Using the past information/data to predict the future
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Question:

What phase of screening would you see barriers to entry such as
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import/export tariffs. Local content laws (Limits on foreign ownership,
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limits on repatriation of earnings, stable government policies)?
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Answer:
Third Screening (Political and Legal Forces)
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Question:

In what screening phase do you see more cultural forces??
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Answer:
Fourth Screening
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,Question:

Create difficulty for companies because culture is subjective and
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interpretive; Can offend if don't do your research?
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Answer:
Fourth Screening
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Question:

In what phase is data difficult to assemble, particularly from a distance.
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Best to be on the ground - if possible - to experience/witness/better
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understand the culture?? i,- i,-




Answer:

Fourth




Question:
Fifth Screening is?
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Answer:

competitive forces i,-




Question:

,Deals with the number, size, and financial strength of the competitors,
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their market shares, their marketing strategies, the apparent effectiveness
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of their promotional programs, the quality levels of their product lines, the
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source of their products—imported or locally produced, their pricing
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policies, the levels of after-sales service, their distribution channels, their
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coverage of the market? i,- i,- i,-




Answer:

Fifth screeningi,-




Question:

In final selection of new markets, are there substitutes for personal visits
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to potential markets??
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Answer:

NO - there are NO substitutes for personal visits to potential markets
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Question:

A market visit by business people and/or government officials (state or
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federal) in search of business opportunities?
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Answer:

Trade Mission i,-




Question:

, Trade Exhibition? i,-




Answer:

A large exhibition at which companies promote the sale of their products
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Question:

The respondent's desire to please that leads to answers designed to
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please the interviewer rather than reflect the respondent's true beliefs or
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feelings?
Answer:
Social Desirability Bias
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Question:

Governments use this to improve understanding of population patterns
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and to map public services.?
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Answer:
Big Data
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Question:

Massive sets of data both structured and unstructured that businesses are
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collecting, which can be analyzed with advanced data analysis methods
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such as predictive analytics or user behavior analytics?
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