Exam 12: Analyzing International Opportunities

The first step in the screening process for potential markets and sites is to ________.

Poor fiscal and monetary policies of a nation's central bank can cause which of the following?

Currency and liquidity problems create all of the following challenges for companies EXCEPT ________.

Companies trying to break into new markets may want to join industry or trade associations to make contact with others in their field.

The process of obtaining information that already exists within the company or that can be obtained from outside sources is called ________.

A product's income elasticity refers to the sensitivity of demand for a product relative to changes in income.

A(n) ________ is an international trip by government officials and businesspeople that is organized by agencies of national or provincial governments for the purpose of exploring international business opportunities.

Secondary data tends to be very expensive because it has already been collected, analyzed, and summarized by another party.

Once the basic appeal of a market/site has been identified, which of these should occur in the screening process?

Specialists on the current political climate of a market include which of the following?

Government regulation and government bureaucracy are evaluated in which step of the market/site screening process?

During the site screening process, a site may be eliminated from consideration if it does not display an appropriate work ethic or educational attainment necessary for production.

The cost of transporting materials and finished goods usually does not affect decisions about where to locate manufacturing facilities to any great degree.

Interviews and focus groups are two main sources of secondary data that help managers make informed decisions.

Companies that hope to secure financing in a market abroad need NOT determine the availability and cost of local capital.

The likelihood that a society will undergo political changes that negatively affect local business activity is known as ________.

Competitor analysis is conducted during which stage of the market/site screening process?

Political risk can threaten the market of an exporter, the production facilities of a manufacturer, or the ability of a company to remove profits from a host country.

Assessing the national business environment is the ________ step in the screening process for potential markets and sites.

The key element of political risk that concerns companies is unforeseen political change.