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Exam (elaborations)

BUAD 332 Exam 3 Questions and Correct Answers with Rationales (2026/2027)

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This document contains questions and verified answers for BUAD 332 Exam 3. It includes detailed explanations, revision-focused content, and exam preparation material suitable for 2026/2027 students.

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BUAD 332 Exam 3

______ is a unfastened change settlement among the united states, Canada, and Mexico.

A. NAFTA
b. The EU
c. CUSFTA
d. The WTO
e. Actually, there may be no unfastened trade agreement between america, Canada, and
Mexico - ANS-a. NAFTA

_______ consists of connecting directly with cautiously centered customers frequently on a
one-to-one, interactive foundation.

A. Internal advertising and marketing
b. Mass advertising and marketing
c. Marketing without segmentation
d. Standardized marketing
e. Direct advertising - ANS-e. Direct marketing

_______ is step one in the promoting system.

A. Pre-method
b. Prospecting and qualifying
c. Presentation and demonstration
d. Dealing with objections - ANS-b. Prospecting and qualifying

"Any paid form of non-non-public presentation and promoting of thoughts, items, offerings by
using an recognized sponsor" is the definition of:

a. Sales promoting
b. Personal selling
c. Public relation
d. Advertising
e. Direct marketing - ANS-d. Advertising

A u . S . A . In South America has massive reserves of copper and tin. Mining paperwork the
pillar of its economic system. A most important a part of its revenue is generated from exporting
these resources. This united states is negative in many other ways. It is a great marketplace for
massive system equipment and supplies and trucks. Since there are many overseas residents

, on this usa and a rich top elegance, it's also a market for luxurious goods. This u . S . A . Has
a(n) ______ economic system.

A. Emerging
b. Business
c. Subsistence
d. Industrializing
e. Raw material exporting - ANS-e. Raw fabric exporting

After determining its advertising goals, the agency's next step in growing an advertising program
is _______.

A. Make media selections
b. Make message choices
c. Compare ad campaigns
d. Set its advertising and marketing price range
e. Broaden an advert approach - ANS-d. Set its marketing finances

All of the following are accurate reasons which draw a employer into the international area
besides which?

A. Companies pursue global markets for higher earnings possibilities
b. Companies do no longer need to lessen their dependence on anybody marketplace so that it
will reduce risks
c. To combat saturation of home markets, firms go foreign places
d. Companies pass remote places to increase their client database for you to gain economies of
scale
e. All of the above are motives that organizations enter worldwide markets - ANS-b. Companies
do no longer need to reduce their dependence on anybody market a good way to lessen
dangers

Amazon.Com and Expedia.Com are great defined as ________ that sell services and products
immediately to very last shoppers through the Internet.

A. Portals
b. Search engines
c. Transaction sites
d. E-tailers
e. Content sites - ANS-d. E-tailers

As internet-primarily based advertising has grown, what different advertising and marketing
medium has declined? - ANS-Newspapers and magazines

Bic introduced its first disposable pen in 1949 and it cost 19 cents. This is an instance of:

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