Exam 1: An Overview of International Business

The International Red Cross is an example of a(n) ________.

What is an emerging economy? Provide examples of emerging economies.

Black and Decker produces tools at a plant in North Carolina and ships the tools to retailers in England. This is an example of which type of international business activity?

Licensing, franchising, and management contracts are all forms of international business activity. Using examples, briefly define each form. What are the advantages and disadvantages of using these forms of activity?

The ________ is where a company operates but is not headquartered.

The British term for the trading of intangible goods is ________.

What is the primary reason that U.S. advertising agencies frequently film commercials in South Africa?

The highest profile level in corporate sponsorship of the Olympics is that of worldwide partner.

The British call merchandise exports and imports visible trade.

Briefly explain the strategic imperatives that motivate an organization to engage in international business.

What is a portfolio investment? How does it differ from foreign direct investment?

What are some of the advantages and disadvantages of globalization in regards to its effects on emerging economies?

Boeing, an American firm, sells commercial aircraft to Lufthansa in Germany. This is an example of ________.

The integration of markets, nation-states, and technologies in a way that is enabling individuals, corporations, and nation-states to reach around the world farther, faster, deeper, and cheaper than ever before is referred to as ________.

After World War I, international business was primarily restricted by ________.

With respect to international trade, what was the policy of many leading nations at the conclusion of WWI?

Which term refers to the location of a parent company's headquarters?

Pepsi's reason for following Coca-Cola to new markets was most likely to ________.

The Internet has facilitated the entry of small businesses into international markets.

________ are investments made for the purpose of actively controlling property, assets, or companies located in host countries.