Question 1

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

Question 2

Gartner provides information on technology markets.

Accepted Answer

A) True 
 B)False

Question 3

According to the text,the most prevalent reason for mergers is:

Accepted Answer

A) taxation. 
B) economies of scale. 
C) currency fluctuations. 
D) to combine complementary resources.

Question 4

Transfer risk is the risk in attempting to shift assets or other funds out of the country.

Accepted Answer

A) True 
 B)False

Question 5

_____ has the main disadvantages of high transportation costs,trade barriers,and problems with local marketing agents.

Accepted Answer

A) Exporting 
B) Turn-key projects 
C) Licensing 
D) Franchising

Question 6

______ is defined as the risk of interference with the operations of the venture.

Accepted Answer

A) Transfer risk 
B) Ownership risk 
C) Investment risk 
D) Operating risk

Question 7

The General Agreement on Tariffs and Trade is an attempt to impose significant tariffs on business between nations.

Accepted Answer

A) True 
 B)False

Question 8

The key to successful entrepreneurship is to develop an idea that has a market with a need for the product or service idea conceived.

Accepted Answer

A) True 
 B)False

Question 9

List the seven various aspects of culture.

Accepted Answer

The answer of List the seven various aspects of culture....

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

______ provides information on industries such as aerospace,energy,healthcare and defense.

Accepted Answer

A) Mergent 
B) Plunkett 
C) Frost and Sullivan 
D) Business Source Complete

Question 12

_____________ is the process of an entrepreneur conducting business activities across national borders.

Accepted Answer

A) Intrapreneurship 
B) International entrepreneurship 
C) Domestic entrepreneurship 
D) Direct importing

Question 13

The Kaufmann foundation Provides resources for entrepreneurship education and research and lists the angel (private investor)groups throughout the United States.

Accepted Answer

A) True 
 B)False

Question 14

Reference groups in any culture provide values and attitudes that influence behavior.

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations throughout the United States.

Accepted Answer

A) True 
 B)False

Question 17

Entrepreneurs doing business in the former U.S.S.R.should be aware that barter,or third-party arrangements,are commonplace.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

For a global entrepreneur,technological environment variations are minimal since firms produce mostly standardized,relatively uniform products that can be sorted to meet industry standards.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following statement is (are)true?

Accepted Answer

A) Most countries have laws and court procedures protecting intellectual property such as those in the United States. 
B) Civil laws tend to be relatively nonspecific. 
C) Laws of a country regulate the manner in which business transactions are executed. 
D) Global entrepreneurs cannot specify in the contract that any contract disputes will be heard in the courts of another country.

Exam 5: Identifying and Analyzing Domestic and International Opportunities

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

Gartner provides information on technology markets.

According to the text,the most prevalent reason for mergers is:

Transfer risk is the risk in attempting to shift assets or other funds out of the country.

_____ has the main disadvantages of high transportation costs,trade barriers,and problems with local marketing agents.

______ is defined as the risk of interference with the operations of the venture.

The General Agreement on Tariffs and Trade is an attempt to impose significant tariffs on business between nations.

The key to successful entrepreneurship is to develop an idea that has a market with a need for the product or service idea conceived.

List the seven various aspects of culture.

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

______ provides information on industries such as aerospace,energy,healthcare and defense.

_____________ is the process of an entrepreneur conducting business activities across national borders.

The Kaufmann foundation Provides resources for entrepreneurship education and research and lists the angel (private investor)groups throughout the United States.

Reference groups in any culture provide values and attitudes that influence behavior.

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

SCORE is a for-profit organization that provides online and in-person assistance in about 100 locations throughout the United States.

Entrepreneurs doing business in the former U.S.S.R.should be aware that barter,or third-party arrangements,are commonplace.

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

For a global entrepreneur,technological environment variations are minimal since firms produce mostly standardized,relatively uniform products that can be sorted to meet industry standards.

Which of the following statement is (are) true?