
Fundamentals of Exporting (1)
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Business
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University
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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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