Assessment

9.) Piggyback Exporting is

1.) It is highly advantageous to enter the export marketing sector if the local a.) Direct exporting
currency is strong. b.) Indirect exporting
a.) TRUE – a strong currency means a higher price
b.) FALSE – A weak currency will enable a company to purchase 10.) You will retain the title to the product if you use these services except
lower-priced products in the domestic market. a.) using an agent
c.) FALSE - a weak currency does not have a significant impact on b.) using an EMC
export transactions c.) appointing a sales distributor

2.) This organization harmonizes world standards such as flammability, 11.) All the following are uncontrollable factors in export except one.
labeling, pollution, food and drug laws, and safety standards a.) competition b.) geography c.) pricing d.) economics
a.) IPO
b.) IFO 12.) As an export entrepreneur, you must be the first person to believe in
c.) ISO the success in your business and the last person to abandon your dreams.
Which characteristic does that statement belong to?
3.) You use this capital to buy your equipment, your locations, trucks, etc., a.) Knowledge b.) Consideration c.) Commitment
a.) fixed capital
b.) working capital 13.) In the export distributor model, the goods and payment flow from the
c.) reserved capital product manufacturer to the end user, TRUE or FALSE?

4.) This form of export entry involves the acquisition and creation of
products that your own company sells
a.) Agent
b.) Manufacturer
c.) Distributor
5.) As an export agent, your main role is to
a.) Make a profit for yourself no matter what
b.) Provide the lowest price possible for the buyer
c.) Ensure that your client gets the best possible margin
6.) This country is the top export trader in the world
14.) Being an agent gives you the opportunity to earn money from export at
a low cost, however, you may run the risk of being bypassed if the
manufacturer and the buyer decide to deal with each other directly. You
could reduce the risk to yourself by doing the following except one.
a.) Always maintain a professional attitude when dealing with
clients and customers.
b.) Ensure that your client is always able to get a higher profit
margin in the transactions that you handle
c.) Make it a habit to deal with buyers discretely to ensure that you
have additional profit aside from your salary or commission.
d.) Develop your negotiation strategies to get the best outcome for
both sides.

a.) USA b.) China c.) Japan 15.) The PEDP is a __ year plan to provide assistance to and further develop
7.) What is the meaning of the acronym PEDP 2023-2028? the export industry in the country

8.) The top export category of the Philippines a.) 3 b.) 4 c.) 5 d.) 56
a.) Agricultural products b.) Electronic Products c.) Mineral
Products