International Business Expansion Methods

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following requires government action?

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1. A company that contracts with a foreign company to perform its manufacturing activities is engaged in what type of activity?

2. A company that moves its operations overseas is engaged in what type of activity?

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About This Quiz & Worksheet

This quiz and worksheet combo will help you quickly assess your understanding of how businesses expand globally. To pass the quiz, you will need to know business terms, such as franchise and licensing agreement.

Quiz & Worksheet Goals

Use this worksheet and quiz to review:

  • Outsourcing
  • Trade agreements
  • Joint venture
  • Off-shoring
  • Franchising

Skills Practiced

Use this quiz and worksheet to practice the following skills:

  • Information recall - access the knowledge you have gained regarding business expansion
  • Defining key concepts - ensure that you can accurately define main phrases, such as franchising and off-shoring
  • Problem solving - use acquired knowledge to solve business practice problems

Additional Learning

To learn more about business expansion, review the accompanying lesson International Business Expansion Methods. This lesson will help you:

  • Define licensing agreement
  • Learn why trade agreements are used
  • Compare and contrast outsourcing and off-shoring
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