171. What is IS?
A. Intelligent strategy
B. Internal services
C. International sales
D. Information systems

172. What is the term for the act of acquiring an IS architecture from the market?
A. External buying
B. Ordering
C. Outsourcing
D. Procuring

173. Which is not an implementation activity for an information system?
A. IS marketing plan
B. System documentation
C.Software development
D.User training and development

174. What is the term for forcing people to accept change?
A. Conditioning
B. Conversion
C. Converting
D. Coercion

175. The internationalization of a retail concept may occur:
A. without an international organization directly transferring a concept through a physical presence in a market.
B. only when an international organization directly transfers a concept through a physical presence in a market.
C. when an international organization directly transfers a concept through a physical presence or agent in a market.
D. when an international organization directly transfers a concept through export activity.

176. Which of the following is correct? International retailing is the meeting of consumers’ needs in international markets by:
A. domestic retailers adopting a concept.
B. export agents in international markets.
C. international retail organizations.
D. wholesalers in international markets.

177. International activity is:
A. servicing customers in nondomestic markets.
B. resource-seeking in international markets.
C. foreign sourcing and importing.
D. servicing customers’ need for international merchandise.

178. International retailing is:
A. the export of retail concepts to markets that are different from each other in their regulation, economic development, social conditions, cultural environment, and retail structures.
B. the management of retail operations in markets that are different from each other in their regulation, economic development, social conditions, cultural environment, and retail structures.
C. the introduction of retail operational formats in markets that are different from each other in their regulation, economic development, social conditions, cultural environment, and retail structures.
D. the management of wholesale operations in markets that are different from each other in their regulation, economic development, social conditions, cultural environment, and retail structures.

179. The internationalization of retailing is:
A. only the transfer of retail management technology that bring to a retail organization a level of international integration that establishes the retailer within the international environment in such a way as to transcend regulatory, economic, social, cultural, and retail structural boundaries.
B. the transfer of retail management technology or the establishment of international trading relationships that bring to a retail organization a level of international integration that establishes the retailer within the international environment in such a way as to transcend regulatory, economic, social, cultural, and retail structural boundaries.
C. only the establishment of international trading relationships that bring to a retail organization a level of international integration that establishes the retailer within the international environment in such a way as to transcend regulatory, economic, social, cultural, and retail structural boundaries.
D. neither the transfer of retail management technology or the establishment of international trading relationships that bring to a retail organization a level of international integration that establishes the retailer within the international environment in such a way as to transcend regulatory, economic, social, cultural, and retail structural boundaries.

180. David Ricardo recognized that there were advantages in specialization:
A. only when absolute advantage did not exist.
B. when comparative advantage did not exist.
C. only when comparative advantage did not exist.
D. even when absolute advantage did not exist.

NOTE
IF YOU THINK ANY OF THE MCQ ABOVE IS WRONG.
PLEASE COMMENT WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION IN COMMENT BOX.
THANK YOU

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