2. BBB 4M1 Jeopardy

3. Jeopardy True & False Fill in the blanks Definitions Short Answer 100 200 300 400 500

4. Credits That’s all folks. That’s all folks. Exit

5. True & False $100 Intellectual capital is the sum of knowledge, information, intellectual property, talent and experience within a country or organization. TRUEor FALSE

6. True & False $100 True!

7. True & False $200 NAFTA was created on January 1, 1998 between Canada, U.S.A., and China. TRUEorFALSE

8. True & False $200 False!

9. True & False $300 Globalization refers to the growth and spread of international economies and businesses around the world. TRUEor FALSE

10. True & False $300 True!

11. True & False $400 During the Middle Ages, merchant and craftspeople within towns created organized associations, called self- sufficients. TRUEorFALSE

12. True & False $400 False!Guilds!

13. True & False $500 During the exploration of the Americas, spice was the most important trade commodity. The most important spice was sugar. TRUE or FALSE

14. True & False $500 False!Pepper!

15. Fill in the Blanks $100 Trade between two countries is referred to as __________trade

16. Fill in the Blanks $100 Bilateral

17. Fill in the Blanks $200 An inventory control system that schedules products to arrive as they are needed for manufacturing or for supply for customers…

18. Fill in the Blanks $200 JIT

19. Fill in the Blanks $300 A measure of ease with which companies can run their business. __________

20. Fill in the Blanks $300 Business climate

21. Fill in the Blanks $400 The large-scale public systems, services and facilities of a country or region that are necessary for economic activity. __________

22. Fill in the Blanks $400 Infrastruture

23. Fill in the Blanks $500 Retailers that specialize in providing a wide variety of products in one category.

24. Fill in the Blanks $500 Big box

25. Definitions $100 Define tariff

26. Definitions $100 Tariff: A tax imposed by local governments on goods or services coming into a country

27. Definitions $200 Define ISO

28. Definitions $200 The mission of the ISO is to promote the development of voluntary standards and related activities in the world

29. Definitions $300 Define Negotiation style

30. Definitions $300 Rules of correct or appropriate behaviour to follow when meeting with officials or business people in anther nation is referred to as negotiation style

31. Definitions $400 Define Thorndyke’s theory

32. Definitions $400 ….States that people’s behaviour is controlled by a desire to either achieve pleasure or avoid pain, ie, buy security systems, insurance to avoid pain

33. Definitions $500 Define freight forwarder

34. Definitions $500 …looks after documentation and transport arrangements (ie, negotiating rates with airlines, other logistics, etc.)

35. Short Answers $100 New processes include manufacturing, distribution, Inventory control, JIT, kanban, and Accounting. Select one process and explain.

36. Short Answers $100 GO TO PAGE 112-113 of text….

37. Short Answers $200 List and explain two common pitfalls that companies may make when they attempt to trade internationally...

38. Short Answers $200 Go to Page 216

39. Short Answers $300 What is the international marketing mix? Explain with an example...

40. Short Answers $300 Go to page 354. Go to page 354.

41. Short Answers $400 Explain logistics…..

42. Short Answers $400 Go to page 370

43. Short Answers $500 What are some factors affecting Canada’s competitiveness?

44. Short Answers $500 Go to page 83..