Exam 5: Developing a Global Vision

Khokho's Coffee House was the first company to introduce flavored coffee in the global market.It sells coffee in several different flavors,such as blueberry,cinnamon,and cranberry,based on the flavors preferred in each country.In this scenario,Khokho's Coffee House is involved in _____.

A(n)_____ is an intermediary who brings a buyer and a seller together.

_____ was founded in 1945,one year after the creation of the World Bank,to promote trade through financial cooperation and eliminate trade barriers in the process.

 _____ is a trade agreement that has dramatically lowered trade barriers worldwide and led to the creation of the World Trade Organization.

Maria Apparel is a well-known apparel store.The owners of the store want the store to go global; hence,they have opened a Web site.Given this information,which of the following statements is true?

Which of the following is a similarity between joint ventures and licensing agreements?

Explain the legal structures that affect international trade.

Explain the major role played by the Internet and social media in global marketing.

Which of the following is a difference between a quota and a boycott?

Which of the following is a similarity between export brokers and export agents?

Of all the types of managers,managers of global social media campaigns are the ones who need not be aware of the cultures of the countries in which they operate.

Sinesia is a country that has minimal sources of potable water.Given this information,which of the following is most likely to happen?

Explain franchising.

In the context of direct foreign investment,direct investors have the lowest potential reward and the lowest potential risk.

A multidomestic strategy occurs when multinational firms enable individual subsidiaries to compete independently in domestic markets.

Unlike in joint ventures,in contract manufacturing,_____.

Which of the following is a factor that drives the popularity of imports in the U.S.?

Which of the following is a disadvantage of outsourcing?

In a direct foreign investment,which of the following statements is true of direct investors?

_____ refers to the exclusion of all products from certain countries or companies.