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| 1 |  |  MuchMusics global strategy includes expanding to Brazil with MuchBogata! |
|  | A) | True |
|  | B) | False |
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| 2 |  |  Profitability is a ratio or rate of return concept. |
|  | A) | True |
|  | B) | False |
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| 3 |  |  The support activities of a firm have to do with creating the product, marketing, and delivering the product to the buyers and providing support and after-sale service to the buyers of the product. |
|  | A) | True |
|  | B) | False |
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| 4 |  |  In the early 1980s Canadian prime interest rate was as high as 22%. |
|  | A) | True |
|  | B) | False |
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| 5 |  |  FICA, the Foreign Investment in Canada Act, is still in place in Canada. |
|  | A) | True |
|  | B) | False |
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| 6 |  |  When a technologically complex task is repeated, learning effects tend to be more significant. |
|  | A) | True |
|  | B) | False |
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| 7 |  |  Firms that compete in the global marketplace typically face pressures for cost reductions and pressures to be globally responsive. |
|  | A) | True |
|  | B) | False |
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| 8 |  |  Pressures for local responsiveness imply that a firm will be able to realize full benefits from experience curve and location economies. |
|  | A) | True |
|  | B) | False |
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| 9 |  |  Conventional commodity products such as sugar, petroleum, and steel require significant modifications to meet differences in consumer tastes and preferences. |
|  | A) | True |
|  | B) | False |
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| 10 |  |  Modern communications and transport technologies, according to Levitt, have created the conditions for a convergence of the preferences of consumers from different nations. |
|  | A) | True |
|  | B) | False |
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| 11 |  |  Bombardier has no railcar factories in Europe, only in Canada. |
|  | A) | True |
|  | B) | False |
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| 12 |  |  Strategic Alliances may include collaboration between companies that are competitors. |
|  | A) | True |
|  | B) | False |
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| 13 |  |  AOL Time Warners CD and DVD manufacturing operations are now owned by the Canadian company Cinram. |
|  | A) | True |
|  | B) | False |
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| 14 |  |  When there are high pressures for local responsiveness, an international strategy makes most sense. |
|  | A) | True |
|  | B) | False |
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| 15 |  |  Global learning refers to the one-way transfer of skills and product offerings from home firm to foreign subsidiary, whereas transnational learning refers to the two-way transfer. |
|  | A) | True |
|  | B) | False |
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