Management Notes

Reference Notes for Management

The form of international price discrimination (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as

The form of international price discrimination (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as

The form of international price discrimination (dumping) normally associated with economic recession or excess inventories in the exporting nation is known as

 Options:

a. predatory dumping
b. sporadic dumping
c. persistent dumping
d. year-end dumping

The Correct Answer Is:

  • b. sporadic dumping

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__________ are profits that accrue to whomever has the right to import the good that is restricted by the quota.

__________ are profits that accrue to whomever has the right to import the good that is restricted by the quota.

__________ are profits that accrue to whomever has the right to import the good that is restricted by the quota.

 Options:

a. quota license
b. quota rents
c. quota prices
d. none of the above

The Correct Answer Is:

  • b. quota rents

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If import licenses are auctioned off to domestic importers in a competitive market their scarcity value (revenue effect) accrues to:

If import licenses are auctioned off to domestic importers in a competitive market their scarcity value (revenue effect) accrues to

If import licenses are auctioned off to domestic importers in a competitive market their scarcity value (revenue effect) accrues to:

 Options:

a. foreign corporations
b. foreign workers
c. domestic corporations
d. the domestic government

The Correct Answer Is:

  • d. the domestic government

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In developed countries tariffs on raw materials tend to be

In developed countries tariffs on raw materials tend to be

In developed countries tariffs on raw materials tend to be

 Options:

a. highest of all
b. higher than on manufactured goods
c. equal to tariffs on manufactured goods
d. lower than on manufactured goods

The Correct Answer Is:

  • d. lower than on manufactured goods

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Project management is ideally suited for a business environment requiring all of the following except ______________.

Project management is ideally suited for a business environment requiring all of the following except ______________.

Project management is ideally suited for a business environment requiring all of the following except ______________.

 Options:

A. Flexibility
B. Innovation
C. speed
D. Repetability

The Correct Answer Is:

  • C. speed

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