1.) Which of the following does not have to do with Demographics?
a. Age
b. Gender
c. Income
d. Culture
2.) The tendency to prefer products or people of one’s own culture is called
a. Cultural Values
b. Ethnocentrism
c. Social Norms
d. Bribery
3.) Cotton would be example of which competition?
a. Perfect Competition
b. Monopolistic Competition
c. Oligopoly
d. Monopoly
4. ) Specific rules dictating what is right or wrong, acceptable or unacceptable are considered what?
A.) Social Norms
B.) Religions
C.) Cultural Values
D.) TTU Student Behavioral Guide
5. ) This refers to the belief that one's own norms and the products made in one'sown country are superior.
A.) Racism
B.) Ethnocentrism
C.) Bribes
D.) Extortion
6. ) This organization enforces laws and regulations on food, drugs, cosmetics, and veterinary products.
A.) FTC
B.)Wal-Mart
C.) FDA
D.) FCC
7.) Which of the following is true of a collectivist culture?
A. People of this culture tend to attach more importance to personal goals.
B. People of this culture tend to thing they are successfull due to thier environment.
C. An example of this culture would be the U.S.
D. People of this culture are more likely to change memberships when the demands of the group become to costly.
8. ) Local content rules require what percentage of foreign brand vehicles to be made in America to be considered American?
A. 50%
B. 45%
C. 60%
D. 70%
9. ) Nationalization is defined as which of the following?
A. When a domestic government seizes a foreign company's assets without reimbursement.
B. When the government pays money to a foreign company.
C. When the government leaves a foreign country to do what they want.
D. When the domestic government reimburses a foreign company for it's assets after taking it over.
10. ) The United States has which type of culture?
A. Individualist
B. Collectivist
C. Primitive
D. Folk
1. C 2. B 3. A 4. A 5. B 6. C 7. B 8. C 9. D 10.