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International Market Entry Strategies Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. Members of a joint ventures are fiduciaries. What must fiduciaries do that is special?

Question 2 2. Some benefits of global business expansion are _____.

Question 3 3. Which of the following is a unique challenge to taking a franchise global?

Question 4 4. Which one of the following is the legal instrument that outlines the scope of a joint venture as well as the responsibilities and duties of its members?

Question 5 5. Which one of the following is not a concern or disadvantage of contract manufacturing?

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Question 6 6. What can be a disadvantage associated with the use of a franchise?

Question 7 7. What does a company like McDonald's want to ensure in each of its franchises?

Question 8 8. Which one of the following is not necessarily a savings with use of contract manufacturing?

Question 9 9. A member of a joint venture does not have to share in which of the following with the other members?

Question 10 10. Tanner's International wants to start exporting to a foreign market. Due to the fact that your boss is traditional, he prefers the traditional exporting technique. Which of the following would be the best argument you could use to advise a different technique?

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Question 11 11. How can foreign direct investment (FDI) be best described?

Question 12 12. Which of the following is the best explanation of contract manufacturing?

Question 13 13. Which of the following is the best explanation of a joint venture?

Question 14 14. Which one of the following about outsourcing probably does not reduce a company's cost of doing business?

Question 15 15. Regulators have what type of concern about joint ventures?

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Question 16 16. Your company has to pay a fee for the domestic company due to the fact that they supply you with certain specific products and that you are using their recipe. Which of the choices describes this fee?

Question 17 17. Which one of the following is not correct about outsourcing?

Question 18 18. Which one of the following is not an advantage of FDI for a foreign investor?

Question 19 19. Which of the following best describes a franchise?

Question 20 20. A company believes the best approach to introduce their product to a foreign market would be a high-risk approach where they would become active owners and build new factories there. What is an advantage commonly associated with such an approach?

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Question 21 21. Expanding your business internationally can have the benefit of hiring employees at a _____ rate, helping the company save money.

Question 22 22. Where are contract manufacturers often located?

Question 23 23. How might a developing country's regulations help make outsourcing advantageous to a business?

Question 24 24. Robert lives in America and he wants to make a greenfield investment in Mauritius, which is a developing country. What type of investment does Robert want to make?

Question 25 25. What are some benefits that one can receive by expanding a business internationally? Choose the best answer.

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Question 26 26. Identify two names used to indicate foreign direct investors:

Question 27 27. What is NOT a benefit of global business expansion?

Question 28 28. What risks does a joint venture between a domestic and foreign company come with?

Question 29 29. Which one of the following is not an advantage of contract manufacturing for a manufacturer?

Question 30 30. What is it called when a domestic firm buys part of a foreign company or partners with a foreign company to create a new business?

International Market Entry Strategies Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Business 120: International Business  /  Business Courses
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