Question 1

Profits and tax benefits are common motivations for going global.

Accepted Answer

A) True 
 B)False

Question 2

McDonald's acquiring its store franchises is an example of what type of merger?

Accepted Answer

A) Market extension merger 
B) Horizontal merger 
C) Product extension merger 
D) Vertical merger 
A) Market extension merger 
B) Horizontal merger 
C) Product extension merger 
D) Vertical merger

Question 3

The North American Free Trade Agreement (NAFTA)is between which of the following countries?

Accepted Answer

A) United States,Brazil,and Canada 
B) United States,Mexico,and Brazil 
C) United States,Argentina,and Brazil 
D) United States,Canada,and Mexico 
A) United States,Brazil,and Canada 
B) United States,Mexico,and Brazil 
C) United States,Argentina,and Brazil 
D) United States,Canada,and Mexico

Question 4

The North American Free Trade Agreement (NAFTA)increases trade barriers and quotas among the U.S. ,Canada,and Mexico.

Accepted Answer

A) True 
 B)False

Question 5

What is a nonequity arrangement? Define the two major types of nonequity arrangements: licensing and turn-key projects,and give at least one advantage and disadvantage for each.
A.Licensing - involves an entrepreneur who is a manufacturer (licensee)giving a foreign manufacturer (licensor)the right to use a patent,trademark,technology,production process,or product in return for the payment of a royalty.
Benefit: Low development costs and risks.
Disadvantages: Lack of control over technology,inability to realize location and experience curve economies,inability to engage in global strategic coordination.
B.Turn-key projects - A method of doing international business whereby a foreign entrepreneur supplies the manufacturing technology or infrastructure for a business and then turns it over to local owners.
Benefits: relatively low risk,ability to earn returns from process technology skills in countries where FDI is restricted.
Disadvantages: Creation of efficient competitors,lack of long-term market presence.

Accepted Answer

A nonequity arrangement is a business ag

Question 6

_____ is a type of merger in which acquiring and acquired companies have related production and/or distribution activities but do not have products that compete directly with each other.

Accepted Answer

A) Market extension merger 
B) Horizontal merger 
C) Product extension merger 
D) Vertical merger 
A) Market extension merger 
B) Horizontal merger 
C) Product extension merger 
D) Vertical merger

Question 7

The Euromonitor provides very industry specific information on companies in the European Union.

Accepted Answer

A) True 
 B)False

Question 8

An opportunity assessment plan is basically the same thing as a business plan.

Accepted Answer

A) True 
 B)False

Question 9

Explain the major factors an entrepreneur needs to consider in choosing the best distribution channel in a foreign country.

Accepted Answer

(1)the overall sales potential
(2)the am

Question 10

Primary data is:

Accepted Answer

A) data that has been collected by the private sector. 
B) data collected by the government. 
C) original information collected by the entrepreneur. 
D) data that is hard to finD. 
A) data that has been collected by the private sector. 
B) data collected by the government. 
C) original information collected by the entrepreneur. 
D) data that is hard to finD.

Question 11

Exporting:

Accepted Answer

A) is the least popular method for going global. 
B) results in a lack of control over quality. 
C) results in an inability to realize location economies. 
D) can be direct or indirect. 
A) is the least popular method for going global. 
B) results in a lack of control over quality. 
C) results in an inability to realize location economies. 
D) can be direct or indirect.

Question 12

______ is a nonprofit organization that provides free online and in-person assistance to entrepreneurs in the form of training,consulting and mentoring provided mainly by retired executives and entrepreneurs.

Accepted Answer

A) CSBC 
B) NAICS 
C) SCORE 
D) SIC 
A) CSBC 
B) NAICS 
C) SCORE 
D) SIC

Question 13

Three major types of political risks that might be present are operating risk,transfer risk,and ownership risk.

Accepted Answer

A) True 
 B)False

Profits and tax benefits are common motivations for going global.

McDonald's acquiring its store franchises is an example of what type of merger?

The North American Free Trade Agreement (NAFTA)is between which of the following countries?

The North American Free Trade Agreement (NAFTA)increases trade barriers and quotas among the U.S. ,Canada,and Mexico.

_____ is a type of merger in which acquiring and acquired companies have related production and/or distribution activities but do not have products that compete directly with each other.

The Euromonitor provides very industry specific information on companies in the European Union.

An opportunity assessment plan is basically the same thing as a business plan.

Explain the major factors an entrepreneur needs to consider in choosing the best distribution channel in a foreign country.

Primary data is:

Exporting:

______ is a nonprofit organization that provides free online and in-person assistance to entrepreneurs in the form of training,consulting and mentoring provided mainly by retired executives and entrepreneurs.

Three major types of political risks that might be present are operating risk,transfer risk,and ownership risk.

Entrepreneurship and the Entrepreneurial Mind-Set

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Intellectual Property and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters

Exam 5: Identifying and Analyzing Domestic and International Opportunities

Profits and tax benefits are common motivations for going global.

McDonald's acquiring its store franchises is an example of what type of merger?

The North American Free Trade Agreement (NAFTA)is between which of the following countries?

The North American Free Trade Agreement (NAFTA)increases trade barriers and quotas among the U.S. ,Canada,and Mexico.

_____ is a type of merger in which acquiring and acquired companies have related production and/or distribution activities but do not have products that compete directly with each other.

The Euromonitor provides very industry specific information on companies in the European Union.

An opportunity assessment plan is basically the same thing as a business plan.

Explain the major factors an entrepreneur needs to consider in choosing the best distribution channel in a foreign country.

Primary data is:

Exporting:

______ is a nonprofit organization that provides free online and in-person assistance to entrepreneurs in the form of training,consulting and mentoring provided mainly by retired executives and entrepreneurs.

Three major types of political risks that might be present are operating risk,transfer risk,and ownership risk.

Entrepreneurship and the Entrepreneurial Mind-Set

Entrepreneurial Intentions and Corporate Entrepreneurship

Entrepreneurial Strategy: Generating and Exploiting New Entries

Creativity and the Business Idea

Intellectual Property and Other Legal Issues for the Entrepreneur

The Business Plan: Creating and Starting the Venture

The Marketing Plan

The Organizational Plan

The Financial Plan

Sources of Capital

Informal Risk Capital, Venture Capital, and Going Public

Strategies for Growth and Managing the Implication of Growth

Accessing Resources for Growth From External Sources

Succession Planning and Strategies for Harvesting and Ending the Venture

Filters