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Exam (elaborations)
GMS 522 Chapter 8 UPDATED QUESTIONS and CORRECT Answers
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--5December 20242024/2025A+Available in bundle
- GMS 522 Chapter 8 UPDATED 
QUESTIONS and CORRECT Answers 
Entry modes - CORRECT ANSWER - institutional arrangement firms used to penetrate 
international markets 
export, intermediate, hierarchical, selection 
Entry mode - Export - CORRECT ANSWER - low risk/low return/little control) - 
Direct/indirect exportin
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Exam (elaborations)
GMS 522 Chapter 10 UPDATED QUESTIONS and CORRECT Answers
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--19December 20242024/2025A+Available in bundle
- GMS 522 Chapter 10 UPDATED 
QUESTIONS and CORRECT Answers 
- CORRECT ANSWER - 
The global marketing manager will need to design a - CORRECT ANSWER - marketing 
channel to reach the final consumer in the foreign market, bearing in mind factors such as the 
nature of the firm's 
products, competition and cost
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Exam (elaborations)
GMS 522 Chapter 10 UPDATED ACTUAL QUESTIONS and CORRECT Answers
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--4December 20242024/2025A+Available in bundle
- GMS 522 Chapter 10 UPDATED ACTUAL 
QUESTIONS and CORRECT Answers 
Distribution channels - CORRECT ANSWER - sequence of firms/individuals making 
product, simple/complex, Industrial products = simple, consumer products = complex / changes 
over time 
Global distribution - CORRECT ANSWER - direct to customer $, intermediaires, 
outsource distribs, electronic
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Exam (elaborations)
GMS 522 Chapter 11 UPDATED ACTUAL QUESTIONS and CORRECT Answers
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--13December 20242024/2025A+Available in bundle
- GMS 522 Chapter 11 UPDATED ACTUAL 
QUESTIONS and CORRECT Answers 
Factors influencing the setting of international prices - CORRECT ANSWER - coroporate 
objectives 
cost 
competitive envirionment 
demand conditions 
government regulations
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Exam (elaborations)
GMS Chapter 14 UPDATED ACTUAL QUESTIONS and CORRECT Answers
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---4December 20242024/2025A+
- GMS Chapter 14 UPDATED ACTUAL 
QUESTIONS and CORRECT Answers 
leadership - CORRECT ANSWER - inspiring others to work hard to accomplish important 
tasks 
managerial power - CORRECT ANSWER - the ability to get someone else to do 
something you want done or make things happen the way you wan
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Exam (elaborations)
GMS 522 Chapter 1 UPDATED QUESTIONS and CORRECT Answers
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--9December 20242024/2025A+Available in bundle
- GMS 522 Chapter 1 UPDATED 
QUESTIONS and CORRECT Answers 
Global Marketing - CORRECT ANSWER - the systematic planning, coordination and 
implementation of the firm's marketing activities across national borders. 
Global Marketing involves - CORRECT ANSWER - the implementation of marketing 
activities across national borders, i.e. outside the firm's home country
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MGRADES
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Exam (elaborations)
GMS 522 Chapter 4 UPDATED QUESTIONS and CORRECT Answers
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--8December 20242024/2025A+Available in bundle
- GMS 522 Chapter 4 UPDATED 
QUESTIONS and CORRECT Answers 
monarchy or dictatorship - CORRECT ANSWER - political (and military) power 
concentrated in the hands of a single individual 
oligarchy - CORRECT ANSWER - power is concentrated in the hands of a few 
little or no input from those being ruled.
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