Question

80.

If you wanted to set up a business importing amber jewelry from Latvia to the United States, you would have to plan on paying the U.S. Customs Service a government tax of roughly 11 percent of the value of the product as

an excise tax.

a quota.

a bribe.

a subsidy.

a tariff.

81.

The Ben & Jerry's website states: "Central to the mission of Ben & Jerry's is the belief that all three parts [product mission, economic mission, social mission] must thrive equally in a manner that commands deep respect for individuals in and outside the company and supports the communities of which they are a part." This statement reflects Ben & Jerry's

functional strategy.

sustainability doctrine.

moral distinctives.

goals and objectives.

core values.

92.

Barriers to entry refer to

the likelihood of new entrants.

business practices that make it difficult for new firms to enter the market.

monopolistic competition.

pure competition from many new firms.

a megopoly.

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103.

A computer company salesperson invites the IT managers of its top 10 customers (in terms of dollar sales) to view a demonstration of the firm's new product line, so the salesperson can obtain their opinions regarding various options and configurations that could be offered. These IT managers are most likely to be the __________ of their organizations' buying centers.

users

reciprocity arrangers

gatekeepers

buyers

influencers

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Answer 1

80. A tariff

Explanation : A tariff is a rate of tax which is required to be paid on particular class of imports.

81. Core values

Explanation: core values are the ethics on which business run. These are not related to any specific department but apply a company as a whole.

92. Monopoly.

Explanation: this should be term monopoly and not megopoly. It means that there is one large player and restricts the entry of the new competitors.

103 influencer

Explanation: these IT managers will influence the work of the sales managers.