Exam 3: Organizational Participants That Make International Business Happen

Before purchasing components from international suppliers for the Chevrolet Malibu, General Motors most likely considered all of the following criteria except ________.

A freight forwarder's purpose can be seen as both a distribution channel intermediary and a facilitator.

In a short essay, discuss how government performs its role as a facilitator of international business.

MNEs typically derive more than half of their sales and profits from international sales.

Commercial banks readily extend credit to MNEs, but hesitate to lend money to SMEs.

Which of the following activities happens before the others in the value chain?

Shareholders Meeting A senior manager at Hudson Motors has presented top management at his firm with his manufacturing strategy aimed at improving sales and profits. Based in Kentucky, Hudson Motors has always used American-made parts for its automobiles. However, sales and profits have slumped miserably over the past three years. The Hudson Motors senior manager asks top management to approve his strategy of internationalizing the company's value chain. -The CEO refers to a primary supplier of headlights based in France, although the components would most likely be manufactured in ________.

The last link between distributors and retail customers that both an MNE and SME must consider in targeting a foreign market for expansion is ________.

International collaborative ventures allow focal firms to ________.

Super Cola U.S.-based Super Cola, one of the top five cola manufacturers, has previously attempted entering the Asian beverage market with little success. Lacking the name recognition of its competitors, Super Cola was unable to gain market share and ceased shipping its products overseas after six months. Super Cola realizes that the large Asian market would be extremely profitable, but the company requires a new strategy. Consultants hired by Super Cola propose two different methods for entering the market: licensing and franchising. -Why would franchising be an unlikely solution for Super Cola?

Compared to other industries, which MNE/focal firm type does the most business?

A nation's public sector participates in international business primarily as a regulator.

What is the purpose of a central bank and include an example of their activities?

Most exporters use freight forwarders as facilitators in international business. In a short essay, explain the ways in which freight forwarders benefit exporting businesses.

Producers with limited international business experience often turn to which of the following intermediaries when needing assistance with importing and exporting commodities?

Which of the following business functions is an MNE most likely to outsource?

A firm that exchanges intellectual property for royalties is known by which of the following terms?

Trading companies play an important role in Japan's external trade dealing in ________.

A born global firm is defined as which of the following?

Nanocell Two years ago, Nanocell, a small Canadian company, began manufacturing a solar cell that holds a charge for 24 hours, many times longer than any competing solar cell. International sales of the palm-sized solar cell occurred quickly, and soon Nanocell was exporting to Australia, China, and Africa. Today, Nanocell is a growing multinational enterprise with sales expected to climb even higher. -Nanocell is considering partnering with either an agent or a foreign distributor to expand its overseas sales. Which of the following, if true, would most support Nanocell's decision to partner with an agent instead of a foreign distributor for the purpose of expanding sales?