International Business Strategies

International Business Strategies

Assessment

Flashcard

Business

12th Grade

Hard

Created by

Hannah Maughan

FREE Resource

Student preview

quiz-placeholder

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.