Trắc nghiệm 1

Which of the following is NOT an mode of entry to a foreign market?

• Export

• International joint venture

• Internalization

• Franchising

Which of the following is a non-equity mode of entry?

• Acquisitions

• Turnkey projects

• Joint ventures

• Green-fields

____ is advantageous because it avoids the cost of establishing manufacturing operations in the host country and because it may help a firm achieve experience curve and location economies

• Licensing

• Franchising

• Exporting

• A turnkey contract

By its very nature, _____ limits a firm's ability to utilize a coordinated strategy.

• Licensing

• Franchising

• turnkey contracting

• exporting

McDonald's is an example of a firm that uses _____.

• wholly owned subsidiaries

• turnkey contracts

• a franchising strategy

• a licensing strategy

An advantage of _____ with a local partner is the knowledge of the local environment that the local partner contributes to the venture.

• turnkey contracts

• joint ventures

• licensing contracts

• wholly owned subsidiary contracts

Firms entering a market via a _____ must bear all the costs and risks associated with the venture.

• licensing contract

• wholly owned subsidiary

• joint venture

• turnkey contract

Firms pursuing global standardization or transnational strategies tend to prefer _____ arrangements.

• Franchising

• wholly owned subsidiary

• licensing

• joint-venture

If a firm can realize location economies by moving production elsewhere, it should avoid _____.

• Exporting

• Licensing

• turnkey contracts

• wholly owned subsidiaries

Which of the following is a distinct advantage of exporting?

• It avoids the often substantial costs of establishing manufacturing operations in the host country.

• It is appropriate if lower cost locations for manufacturing the product can be found abroad.

• It avoids the threat of tariff barriers by the host-country government.

• Firms benefit from a local partner's knowledge of the host country's competitive conditions.