What is the primary benefit of global sourcing for companies looking to expand internationally?
Expanding Into Foreign Markets

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reduced labor costs
Increased brand recognition
Enhanced local partnerships
Simplified tax regulations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method involves creating goods in one country and selling them in another?
Franchising
Joint Venture
Licensing
Import-Export
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does franchising differ from licensing in international business?
Franchising follows a predefined business model.
Licensing involves joint ownership.
Licensing requires creating a new brand.
Franchising involves selling products directly.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a strategic alliance in the context of international business?
A complete acquisition of a foreign company
A merger of two companies
A temporary project collaboration
A partnership with a foreign business to sell products
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which method of international expansion involves the highest level of risk and investment?
Import-Export
Foreign Direct Investment
Global Sourcing
Licensing
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