International Business
Chapter 14
(2026-2027)
Complete Questions with 100%
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, Governments in developing countries impose fewer A) hold down production costs and consumer prices
consumer protection laws in order to ________.
A) hold down production costs and consumer prices
B) enable companies to focus on profit-making
exclusively
C) decrease the flow of foreign direct investment into the
country
D) decrease the complexity of the legal procedures for
foreign direct investment
All company and product brand names are made up of B) morphemes
semantic elements or language building blocks called
________.
A) aesthetics
B) morphemes
C) hybrid words
D) propositions
________ are imitation products passed off as legitimate B) Counterfeit goods
trademarks, patents, or copyrighted works.
A) Giffen goods
B) Counterfeit goods
C) Inferior goods
D) Intangible goods
Which of the following is true of counterfeit goods? C) Most counterfeit products are imitations of products that normally enjoy legal
protection.
A) Developed nations normally have the most active
counterfeiting markets.
B) Counterfeiting is more common among less visible
local brands than global brands.
C) Most counterfeit products are imitations of products
that normally enjoy legal protection.
D) Engineered industrial components and medicines are
among the few categories of products that cannot be
counterfeited.
Which of the following is a marketplace of underground A) black market
transactions that typically appear because a product is
either illegal or tightly regulated?
A) black market
B) niche market
C) two-sided market
D) vertical market
Which of the following is among the most commonly B) watches
counterfeited products?
A) aircraft parts
B) watches
C) surgical equipment
D) medicines
Which of the following statements is true about B) Firms that standardize advertising often control campaigns from the home
international promotions? office.
A) Most companies standardize all aspects of their
international promotions to cut costs.
B) Firms that standardize advertising often control
campaigns from the home office.
C) Companies that adapt their advertising to different
markets project a consistent brand image.
D) Companies discourage blending product and
promotional strategies in a communication process.