Fundamentals of Exporting (1)

Fundamentals of Exporting (1)

University

10 Qs

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Fundamentals of Exporting (1)

Fundamentals of Exporting (1)

Assessment

Quiz

Business

University

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Created by

sylvia findlay

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the formula for Gross Domestic Product (GDP)?

GDP = C + G + I + (X + M)

GDP = C + G + I - (X - M)

GDP = C + G + I + (X - M)

GDP = C - G + I + (X - M)

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a potential benefit of diversifying into foreign markets?

Increased sales

Higher profits

Lower market vulnerability

Increased market vulnerability

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a licensing agreement, who grants the right to use intellectual property?

The licensee

The licensor

The franchisee

The customer

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a potential drawback of a joint venture?

Reduced production costs

Product innovation

Managerial control implications

Expanding into foreign markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a component of Foreign Direct Investment (FDI)?

Equity capital

Reinvested earnings

Intra-company loans

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In franchising, what does a franchisee typically pay to the franchisor?

Only ongoing royalties

An initial start-up fee and annual licensing fees

A share of the franchisee's equity

Only the cost of goods sold

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Sustainable growth is a function of what?

Sales

Profitable Sales

Export Sales

Profitable Export Sales

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