
International Business Strategies
Flashcard
•
Business
•
12th Grade
•
Hard

Hannah Maughan
FREE Resource
Student preview

6 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Exporting
Back
Selling products to other countries. Positive: Increased sales potential. Negative: Export barriers and competition. Example: Lorna Jane exporting to the U.S.
2.
FLASHCARD QUESTION
Front
International Agents
Back
Appointing agents in other countries to represent your products. Positive: Local expertise and reduced market entry costs. Negative: Loss of control over marketing and sales. Example: Appen hiring local agents in Asia.
3.
FLASHCARD QUESTION
Front
Licensing
Back
Granting permission for others to use your intellectual property. Positive: Low capital investment. Negative: Limited control and revenue. Example: CSL Limited licensing vaccine technology globally.
4.
FLASHCARD QUESTION
Front
Strategic Alliances
Back
Collaborating with a local partner to enter a new market. Positive: Shared resources and market access. Negative: Potential conflicts and loss of independence. Example: Telstra partnering with Telekom Indonesia.
5.
FLASHCARD QUESTION
Front
Overseas Manufacturing
Back
Establishing manufacturing facilities in a foreign country. Positive: Cost savings and local production. Negative: High initial setup costs and logistical challenges. Example: Cochlear setting up in Sweden.
6.
FLASHCARD QUESTION
Front
Sales Subsidiary
Back
Creating a separate company for sales operations in a foreign market. Positive: Full control over sales and customer relationships. Negative: Administrative overhead and financial risks. Example: Bunnings Warehouse in New Zealand.
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