MGS 033 REPORT ACTIVITY

Question 1: It refers to the entirety of the world’s buyers and sellers of goods and services, considered independently of national borders. Entering to it presents many benefits to businesses, but also a range of challenges. 

•  

  a. Global Business Center                          

• b. Global Marketplace         

• c. Global Trade

• d. U.S. Market

Question 2: _________ has a search engine tool to help you determine the Schedule B Export Classification Code for your product.

• a. U.S. Market Research     

• b. U.S. Trade Data

• c. U.S. Census Bureau       

• d. U.S. Trade Online

Question 3: This number determines tariff rates around the world, and part of this number helps you search trade databases and find basic information about where products are being exported.

•  

  a. Schedule B Export Classification Code

• b. U.S. Tariff Codes 

• c. USA Trade Online

• d. Trade Stats Express

 

Question 4: How many countries can you narrow to the initial handful that represent promise as export markets for your product?

• a. 180

• b. 195            

• c. 165

• d. 200

Question 5: ____________ can make exporting less expensive and ease market entry.

• a. Free-trade agreements 

• b. Fee-based trade databases

• c. Treaty Agreements

• d. Free Trade Data

Question 6: How many countries have free-trade agreements with the United States?

• a. 15

• b. 19

• c. 20

• d. 21

Question 7: Country commercial guides that cover over 140 foreign markets and offer the latest economic, political, and market intelligence are being published by ____________.

       

• a. U.S. Commercial Guide Data

• b. USA Trade Online

• c. U.S. Census Bureau

• d. U.S. Embassies

Question 8: __________ are the moral principles or values that generally govern the conduct of an individual or group. The can also be viewed as a “standard behavior.

• a. Ethics

• b. Moral Ethics

• c. Business Ethics

• d. Behavior

Question 9: _________ determine companies’ everyday conduct. They include both laws and morals that determine how employee will act in the business world.

• a. Business Ethics

• b. Moral Ethics

• c. Business Conduct

• d. Core Values

Question 10: It defines the boundaries of what is legal and written guidelines to what must be followed in society.

• a. Constitution

• b. Business Conduct

• c. Rules and Regulations

• d. Laws