Question 1

The advantage of franchising is that there is no need for standardization.

Accepted Answer

A) True 
 B)False

Question 2

Profits provide the strongest proactive incentive to become involved in international marketing.

Accepted Answer

A) True 
 B)False

Question 3

The collaboration of two or more organizations for more than a transitory period to share assets,risks,and profits is referred to as a(n)_____.

Accepted Answer

A)  sole proprietorship 
B)  acquisition 
C)  portfolio investment 
D)  joint venture 
A)  sole proprietorship 
B)  acquisition 
C)  portfolio investment 
D)  joint venture

Question 4

Which of the following is true about export management companies (EMCs)?

Accepted Answer

A)  Generally, most EMCs are large. 
B)  The mode of operations of EMCs is constant for every client. 
C)  The use of EMCs is a major channel commitment for the manufacturer. 
D)  EMCs are multinationals involved in foreign investments. 
A)  Generally, most EMCs are large. 
B)  The mode of operations of EMCs is constant for every client. 
C)  The use of EMCs is a major channel commitment for the manufacturer. 
D)  EMCs are multinationals involved in foreign investments.

Question 5

Licensing has been criticized as it lets multinational corporations capitalize on older technology.

Accepted Answer

A) True 
 B)False

Question 6

_____ incentives are specific tax measures designed to attract the foreign investor.

Accepted Answer

A)  Financial 
B)  Fiscal 
C)  Nonfiscal 
D)  Nonfinancial 
A)  Financial 
B)  Fiscal 
C)  Nonfiscal 
D)  Nonfinancial

Question 7

Efficiency seekers attempt to obtain the most economic sources of production.

Accepted Answer

A) True 
 B)False

Question 8

List and describe the key corporate export stages.

Accepted Answer

The key corporate export stages are:
Awa

Question 9

Which of the following is an internal change agent associated with the internationalization process?

Accepted Answer

A)  Demand 
B)  Competition 
C)  Governmental activities 
D)  New management 
A)  Demand 
B)  Competition 
C)  Governmental activities 
D)  New management

Question 10

The United Nations defines _____ as "enterprises which own or control production or service facilities outside the country in which they are based."

Accepted Answer

A)  trading companies 
B)  multinational corporations 
C)  shell corporations 
D)  export management companies 
A)  trading companies 
B)  multinational corporations 
C)  shell corporations 
D)  export management companies

Question 11

Strategic alliances are more rigid than joint ventures.

Accepted Answer

A) True 
 B)False

Question 12

During downturns in the domestic business cycle,markets abroad provided an ideal outlet
For high inventories.This kind of market expansion represents _____.

Accepted Answer

A)  guerilla marketing 
B)  innate exporting 
C)  portfolio investment 
D)  safety-valve activity 
A)  guerilla marketing 
B)  innate exporting 
C)  portfolio investment 
D)  safety-valve activity

Question 13

The strongest proactive incentive to become involved in international marketing is _____.

Accepted Answer

A)  to avoid taxation 
B)  to control overproduction 
C)  the profit advantage 
D)  creation of excess capacity 
A)  to avoid taxation 
B)  to control overproduction 
C)  the profit advantage 
D)  creation of excess capacity

Question 14

Which of the following best describes portfolio investment?

Accepted Answer

A)  It refers to direct investment in foreign entities. 
B)  It is the purchase of a manufacturing plant in a foreign market. 
C)  It is the outright purchase of a competing company. 
D)  It focuses on the purchase of stocks and bonds internationally. 
A)  It refers to direct investment in foreign entities. 
B)  It is the purchase of a manufacturing plant in a foreign market. 
C)  It is the outright purchase of a competing company. 
D)  It focuses on the purchase of stocks and bonds internationally.

Question 15

Which of the following is true about franchising?

Accepted Answer

A)  From a government perspective, franchising replaces exports and export jobs. 
B)  From a recipient-country view, franchising requires substantial outflow of foreign exchange. 
C)  Typically, there is no need for standardization in franchising. 
D)  A key concern of franchising is the issue of selection and training of franchisees. 
A)  From a government perspective, franchising replaces exports and export jobs. 
B)  From a recipient-country view, franchising requires substantial outflow of foreign exchange. 
C)  Typically, there is no need for standardization in franchising. 
D)  A key concern of franchising is the issue of selection and training of franchisees.

Question 16

Licensing increases the exposure to both government intervention and terrorism.

Accepted Answer

A) True 
 B)False

Question 17

_____ permits use of the names or logos of designers,literary characters,sports teams,and movie stars on merchandise such as clothing.

Accepted Answer

A)  Copyright licensing 
B)  Trademark licensing 
C)  Patent licensing 
D)  Utility licensing 
A)  Copyright licensing 
B)  Trademark licensing 
C)  Patent licensing 
D)  Utility licensing

Question 18

In small and medium-sized firms,the initial decision to go international is usually made by the president,with substantial input provided by the _____.

Accepted Answer

A)  HR department 
B)  R&D team 
C)  manufacturing department 
D)  marketing department 
A)  HR department 
B)  R&D team 
C)  manufacturing department 
D)  marketing department

Question 19

A major concern for governments about full ownership by multinational firms is profit _____,which is the transfer of profits from the new foreign market back to the domestic country.

Accepted Answer

A)  repatriation 
B)  sharing 
C)  abolition 
D)  disbursement 
A)  repatriation 
B)  sharing 
C)  abolition 
D)  disbursement

Question 20

Which of the following is a proactive motivation to go international?

Accepted Answer

A)  Competitive pressures 
B)  Unique products 
C)  Overproduction 
D)  Excess capacity 
A)  Competitive pressures 
B)  Unique products 
C)  Overproduction 
D)  Excess capacity

The advantage of franchising is that there is no need for standardization.

Profits provide the strongest proactive incentive to become involved in international marketing.

The collaboration of two or more organizations for more than a transitory period to share assets,risks,and profits is referred to as a(n)_____.

Which of the following is true about export management companies (EMCs)?

Licensing has been criticized as it lets multinational corporations capitalize on older technology.

_____ incentives are specific tax measures designed to attract the foreign investor.

Efficiency seekers attempt to obtain the most economic sources of production.

List and describe the key corporate export stages.

Which of the following is an internal change agent associated with the internationalization process?

The United Nations defines _____ as "enterprises which own or control production or service facilities outside the country in which they are based."

Strategic alliances are more rigid than joint ventures.

During downturns in the domestic business cycle,markets abroad provided an ideal outlet For high inventories.This kind of market expansion represents _____.

The strongest proactive incentive to become involved in international marketing is _____.

Which of the following best describes portfolio investment?

Which of the following is true about franchising?

Licensing increases the exposure to both government intervention and terrorism.

_____ permits use of the names or logos of designers,literary characters,sports teams,and movie stars on merchandise such as clothing.

In small and medium-sized firms,the initial decision to go international is usually made by the president,with substantial input provided by the _____.

A major concern for governments about full ownership by multinational firms is profit _____,which is the transfer of profits from the new foreign market back to the domestic country.

Which of the following is a proactive motivation to go international?

Global Environmental Drivers

International Trade Frameworks and Policy

The Role of Culture

The Economic Environment

The Political and Legal Environment

Consumer,Industrial,and Government Markets

Strategic Planning

Analyzing People and Markets

Marketing Organization,Implementation,and Control

Product Management and Global Brands

Global Marketing of Services

Advertising,Promotion,and Sales

Pricing Strategies and Tactics

Global Distribution and Logistics

Social Networks and Communication

Leadership,Corporate Social Responsibility,and Sustainability

New Directions and Challenges

Filters

Exam 9: Market Entry and Expansion

The advantage of franchising is that there is no need for standardization.

Profits provide the strongest proactive incentive to become involved in international marketing.

The collaboration of two or more organizations for more than a transitory period to share assets,risks,and profits is referred to as a(n)_____.

Which of the following is true about export management companies (EMCs)?

Licensing has been criticized as it lets multinational corporations capitalize on older technology.

_____ incentives are specific tax measures designed to attract the foreign investor.

Efficiency seekers attempt to obtain the most economic sources of production.

List and describe the key corporate export stages.

Which of the following is an internal change agent associated with the internationalization process?

The United Nations defines _____ as "enterprises which own or control production or service facilities outside the country in which they are based."

Strategic alliances are more rigid than joint ventures.

During downturns in the domestic business cycle,markets abroad provided an ideal outlet For high inventories.This kind of market expansion represents _____.

The strongest proactive incentive to become involved in international marketing is _____.

Which of the following best describes portfolio investment?

Which of the following is true about franchising?

Licensing increases the exposure to both government intervention and terrorism.

_____ permits use of the names or logos of designers,literary characters,sports teams,and movie stars on merchandise such as clothing.

In small and medium-sized firms,the initial decision to go international is usually made by the president,with substantial input provided by the _____.

A major concern for governments about full ownership by multinational firms is profit _____,which is the transfer of profits from the new foreign market back to the domestic country.

Which of the following is a proactive motivation to go international?

Global Environmental Drivers

International Trade Frameworks and Policy

The Role of Culture

The Economic Environment

The Political and Legal Environment

Consumer,Industrial,and Government Markets

Strategic Planning

Analyzing People and Markets

Marketing Organization,Implementation,and Control

Product Management and Global Brands

Global Marketing of Services

Advertising,Promotion,and Sales

Pricing Strategies and Tactics

Global Distribution and Logistics

Social Networks and Communication

Leadership,Corporate Social Responsibility,and Sustainability

New Directions and Challenges

Filters