International trade quiz 1

Question 1

What is the main purpose of a company profile?

Accepted Answer

1

Question 2

If a company was established in 1995, what does this year tell us?

Accepted Answer

1

Question 3

What does 'target markets' mean for a company?

Accepted Answer

1

Question 4

A company's 'strengths' are:

Accepted Answer

2

Question 5

Which part of a company profile would you look at to find the company's phone number or email address?

Accepted Answer

2

Question 6

If a company profile says its location is 'New York City', what does this tell you?

Accepted Answer

2

Question 7

In international trade, what does 'export' mean?

Accepted Answer

1

Question 8

What is 'import' in the context of international trade?

Accepted Answer

2

Question 9

Which business expression means 'a formal agreement between two or more parties'?

Accepted Answer

1

Question 10

What does 'negotiation' mean in business?

Accepted Answer

1

Question 11

What does 'inquire' mean in business?

Accepted Answer

1

Question 12

A 'quotation' in business is like a price tag for many items. What does it tell you?

Accepted Answer

1

Question 13

If a company has a 'catalog', what can you find inside it?

Accepted Answer

1

Question 14

What is a 'price list' used for?

Accepted Answer

1

Question 15

When you 'order' something, what are you doing?

Accepted Answer

1

Question 16

What does 'quantity' refer to when you place an order?

Accepted Answer

2

Question 17

If you 'confirm' an order, what have you done?

Accepted Answer

1

Question 18

What is a 'delivery date'?

Accepted Answer

2

Question 19

An 'invoice' is a document that usually includes:

Accepted Answer

2

Question 20

What does it mean to 'request' something in business?

Accepted Answer

1