Busa 4000 exam - Study guides, Class notes & Summaries

BUSA 4000 EXAM QUESTIONS AND ANSWERS 2024 WITH COMPLETE SOLUTION When using the process of gradual elimination to screen potential country markets, a researcher should first - Answer- obtain general information on macro-level indicators such as population, income, and economic growth Trade audits may provide managers insight regarding - Answer- competitors' offerings and pricing The strategic view of global sourcing suggests that - Answer- just as firms achieve gains in efficiency, pro...

BUSA 4000 EXAM QUESTIONS WITH 100% CORRECT ANSWERS According to the market potential indicators index, ____ is an indicator of market size. - Answer- Urban population and electricity consumption In order to estimate industry market potential, managers most likely require _____. - Answer- market size and growth rates specific to the industry Advances in communications and transportation technology have changed the internationalization tendencies of firms by ___. - Answer- reducing the ris...

BUSA 4000 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED Which of the following tasks should a shoe manufacturing company perform first of it needs to assess the global market opportunity? - Answer- analyze the firm's readiness to internationalize In order to estimate industry market potential, managers most likely to require___. - Answer- market size and growth rates specific to the industry. The size and growth rate of a country's middle class is termed as ____. - Answer- mark...

BUSA 4000 EXAM 1 QUESTIONS UPDATED 2024 WITH COMPLETE SOLUTIONS When using the process of gradual elimination to screen potential country markets, a researcher should first, __________. - Answer- Obtain general information on macro-level indicators such as population, income, and economic growth Which of the following should be done by a company to internationalize when it assesses market industry potential? - Answer- develop a 3-to-5 year forecast of industry sales for each target market ...

BUSA 4000 Exam 2 Questions and Revised Answers All Correct Teamwork processes can be divided into three categories: - Answer- The transition process, action, processes, and interpersonal processes Five characteristics of effective team are: - Answer- Shared values, mutual trust, inspiring vision, skills, and rewards Cross functional teams does not combine people with different areas of expertise from separate departments, such as finance, human resources, and market marketing - Answer-...

BUSA 4000 Final Exam Review Questions and Answers (Latest Update 2025)

BUSA 4000 Final Exam Review Questions with Certified Solutions What is the primary goal of business ethics? The primary goal of business ethics is to guide individuals and organizations in making decisions that are morally sound and socially responsible, fostering trust and integrity in business practices. Explain the concept of corporate social responsibility (CSR). Corporate social responsibility (CSR) refers to the practice of businesses considering their impact on society and the...

BUSA 4000 FINAL EXAM STUDY QUESTIONS

BUSA 4000- Final Exam- Quiz Questions with Complete Solutions What is the primary function of marketing in a business context? The primary function of marketing is to identify, anticipate, and satisfy customer needs while generating profitable sales for the organization. Explain the concept of supply and demand in economics. The concept of supply and demand describes how the price and quantity of goods are determined in a market, where demand represents consumer willingness to purch...

BUSA 4000- Final Exam Questions and Answers (Latest Update 2025)