Exam 9: Market Entry and Expansion

_____ demand is said to occur when large multinational firms who would like to maintain their established business relationships,encourage their suppliers to follow them abroad.

Nonfinancial incentives offer special funding for the investor by providing land or buildings.

One special form of joint ventures consists of _____,which are arrangements between two or more companies with a common business objective.

Under a _____ agreement,one firm permits another to use its intellectual property in exchange for royalty.

From a recipient-country view,franchising requires considerable outflow of foreign exchange.

Full ownership by multinational firms is a prerequisite for international success.

The small transaction volumes of the sogoshosha provides them with cost advantages.

Which of the following is a key impediment to international franchising?

The risk of participating in an international venture is substantially increased for the supplier involved in a management contract.

The intervening individual or variable within the firm that initiates change and shepherds it through to implementation is referred to as a _____.

Which of the following refers to the lack of symmetry between growing international markets with respect to cultural variables,legal factors,and other societal norms?

_____ are domestic firms that perform international marketing services as commissioned representatives or as distributors for several other firms.

Historically,a firm with a competitive edge could count on being the sole supplier to international markets for years to come.However,this advantage has shrunk dramatically because _____.

Which of the following types of incentives consist of special depreciation allowances,tax credits or rebates,special deductions for capital expenditures,tax holidays,and other reductions of the tax burden on the investor?

In _____,a parent company grants an independent entity the right to do business in a specified manner that includes the right to sell the parent company's products and use its name,along with its production,preparation,and marketing techniques.

Which of the following is the negative effect of foreign direct investments by multinational companies?

Corporate desire for growth is a major cause for the increase in foreign direct investment.

Which of the following observations is true of a management contract?