1.What term denotes a nation's basis for allocating its resources among its citizens A) capital structure B) ownership processes C) distribution network D) economic system 2. Top managers demonstrate commitment to ethical business practices with A) the adoption of written codes of ethics B) employee empowerment C) decentralized decision making practices D) collusion with other companies 3. Ethics refers to A)the practice of obeying applicable business laws and regulations B) the ability to recognize a morally problematic situation C) the ability to know right from wrong and to know when you're practicing one instead of the other D)a series of situations in which an individual must choose between personal interest and the interest of others.

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The World Bank identifies 214 discrete economic environments in the world today—188 countries and 26 economies with populations of more than 30,000. The former include countries that most are quite familiar with, such as Austria, Chile, China, Germany, Indonesia, Vietnam, and so on. The set of “26” include nations such as Andorra, Bermuda, Isle of Man, Macao, San Marino, Tuvalu, and Vanuatu. In principle and in practice, each of these 214 business environments has ___________ cultural, political, legal, and economic characteristics that define business activity within its borders. A) radically different B) utterly unpredictable C) surprisingly identical D) unique, but similar

As marketers of certain product offerings, we must consider what markets / countries that make sense for us to promote our products.  This depends on the income distribution structure of these countries.  If your company sold a wide variety of goods/products, which industrial structure would be best? a. Subsistence economies b. Industrial economies c. Industrializing economies d. raw-material-exporting economies