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Domestic & Global Bussiness

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

 focuses on a specific country and their culture norms.

a)

Domestic Marketing

b)

Global Marketing

c)

For-profit

d)

Quota

2.

An organization that uses all of its profits to further their cause.

a)

Tariff

b)

For profit

c)

Non- profit

d)

Quota

3.

A tax on imports or exports of goods between two countries.

a)

Tariff

b)

Embargo

c)

Non-profit

d)

for profit

4.

A sales target that a company wants a salesperson to achieve for a specific period of time

a)

Quota

b)

Tariff

c)

Trade Restrictions

d)

Language Translation

5.

For profit

a)

A business that operates for the sole interest of making money. 

b)

An organization that uses all of its profits to further their cause.

c)

When a company protects its owners from personal responsibility from the company's debt or liabilities. In an LLC the business owners put their personal investments in the business.

d)

 A legal business that separates a owners personal income from the business income. The owners of the business have stock shares but they do not own corporate assets.

6.

Sociocultural Factors 

a)
Influence of societal and cultural norms on an individual's behavior and beliefs
b)
Influence of weather on an individual's behavior
c)
Impact of technology on an individual's beliefs
d)
Effect of personal preferences on societal norms
7.

Limited Liability

a)
Unlimited liability for the company's owners
b)
No legal protection for the company's owners
c)

When a company protects its owners from personal responsibility from the company's debt or liabilities. In an LLC the business owners put their personal investments in the business.

d)
Limited liability only for the company's customers
8.

Embargo

a)
Unlimited trade
b)
Import tax
c)
Free market
d)
Restriction on trade
9.

Global marketing

a)
Selling products only in one country
b)
Marketing products to a specific region
c)
Promoting products to a small local market
d)
Marketing of products or services on a worldwide scale
10.

 ethical behavior

a)

using moral judgment on how to act with business and people; Following company rules, communicating effectively, responsibility and accountability, and mutual trust and respect.

b)

When a company protects its owners from personal responsibility from the company's debt or liabilities. In an LLC the business owners put their personal investments in the business.

c)

ncorporated Business (Inc./Corporations): A legal business that separates a owners personal income from the business income. The owners of the business have stock shares but they do not own corporate assets.


d)


A sales target that a company wants a salesperson to achieve for a specific period of time.