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1. Which of the following companies follows a differentiation strategy?

Wal-Mart

Hyundai

Rolex

Ford

2. Which of the following is the goal of human resource management?

attracting effective employees

developing employees

retaining good employees

all of the above

3. What is the most common form of countertrade?

counterpurchase

barter

parallel barter

offset purchase

4. What document serves as a contract for transportation between the exporter and the carrier?

bill of lading

bill of exchange

sight draft

trade acceptance

5. Which term refers to the process used to make agreements between management and labor unions?

collective bargaining

labor management

labor allowances

none of the above

Financial Management, Finance

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