1.

It is a contract between the exporter and the carrier indicating that the
carrier has accepted responsibility for the goods and will provide
transportation in return for payment.

A. Export Documentation
B. Bill of Landing
C. Commercial Invoice
D. Freight Forwarder

2. Refer to the citizen of the country in which the headquarters of the MNCs is
located.

A. Parent Country Nationals (PCNs)

B. Host Country Nationals (HCNs)
C. Third Country Nationals (TCNs)
D. Fourth Country Nationals (FCNs)

3. The following are sets in the short-term pricing objectives, EXCEPT.

A. to recover cash rapidly

B. to penetrate the market
C. to increase market share
D. to meet competition

4. A service that operates within a schedule and has a fixed port rotation with
published dates of calls at the advertised ports.

A. Liner Service
B. Trump Service
C. Bulk Service
D. Air Freight
5. It is defined as an instrument of the export transaction that facilitates the
payment of the merchandise.

A. Documentary Drafts for Collection

B. Sight Draft
C. Cash in Advance
D. The Letter of Credit

6. In selecting a mode of transportation, the following are need to be

considered, except?

A. Transit Time and Predictability

B. Cost and Non-economic Factors
C. Economic Factors and Non-Economic Factors
D. All of the above

7. Which of the ff statement/s is /are True?

Statement 1: International logistics is a process that involves the

transportation of finished goods through an international supply chain.

Statement 2: A firm’s logistics platform is

determined by a location’s ease and convenience of market reach under
favorable cost circumstances.

A. Only Statement 1
B. Only Statement 2
C. Both statements
D. Neither
8. An approach in which all strategic decisions are made at headquarters and
foreign subsidiaries are endowed with very little autonomy.

A. Ethnocentric
B. Polycentric
C. Geocentric
D. Region-Centric

9. What Is the most common mode of payment?

A. Consignment Sales
B. The Letter of Credit
C. Open Account
D. Time Draft or Date Draft

10. Which of the following is not a characteristic of IHRM?

A. Broader external influences

B. More HR activities
C. Low Risk exposure
D. The need for a broader perspective

11. These are the variables or factors that can easily be manipulated to
achieve objectives and enable to adjust to changing marketing conditions.

A. Uncontrollable Factors
B. Controllable Factors
C. Microeconomic Factors
D. Macroeconomic Factors
12. These are considered the simplest forms of brochure, much shorter and
used to explore new markets and to refine your target list of potential
customers.

A. Mailshots/Leaflets
B. Brochures
C. Catalogues
D. Sales Literature

13. It is concerned with managing employees belonging to many nations

(Home country, host country and third country employees).

A. IHRM
B. HRM
C. MRH

14. Characteristics of international marketing include the following, except?

A. Sensitive Nature
B. International Restrictions
C. Large-Scale Operations
D. Dominated by Developing Countries and Multinational Corporations

15. It is a cultural attitude marked by the tendency to regard one’s own culture
as superior to others.

A. Geocentrism
B. Ethnocentrism
C. Polycentrism