Exam 12: Strategies for Analyzing and Entering Foreign Markets

Which of the following solicits domestic orders for foreign manufacturers on a commission basis?

A sogo shosha is best described as a(n) ________.

Kodak focuses on developing photo editing software, and the firm has agreements with a Chinese manufacturer to assemble most Kodak cameras. Which entry mode for international business is used by Kodak?

Why are international turnkey projects usually administered by large construction firms?

International franchising is among the fastest growing forms of international business.

________ can bring together international buyers and sellers of standardized commodities like coffee and grains.

When the licensor fully investigates market opportunities and the abilities of its licensees, licensing has a relatively low financial risk.

What are the advantages and disadvantages of acquisition?

________ for exporting are those that push a firm into foreign markets.

Which term refers to sales made to either distributors or end-users located outside the firm's home country?

In a brief essay, discuss how both exporting and FDI enable international businesses to maintain control in a foreign environment.

When Hewlett-Packard buys microchips from Intel to use in manufacturing computers and then exports the completed computers to Europe, ________ has occurred.

________ are those that pull a firm into foreign markets as a result of opportunities available there.

What are the third parties that specialize in facilitating imports and exports called?

BTV Enterprises specializes in the physical transportation of goods for its clients by arranging customs documentation and obtaining transportation services. BTV Enterprises is most likely a(n) ________.

________ are those factors that make it desirable for a firm to produce a good or service itself rather than contracting with another firm to produce it.

________ occur(s) when a firm sells its products to a domestic customer, which in turn exports the product, in either its original form or a modified form.

Comtex, a U.S. clock manufacturer, recently built a new production facility in Bangladesh. Which term best describes the activities of Comtex?

Embedded technology is often best transferred through an equity mode.

When two or more firms agree to work together and create a joint owned firm to promote mutual interest, ________ has occurred.