Exam 3: Organizational Participants That Make International Business Happen

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's management team is considering entering into other foreign markets using a strategy of foreign direct investment (FDI). Which of the following, if true, would most support the claim that expansion through FDI would benefit Nanocell?

Which of the following characteristics is considered an advantage for SMEs in the global market?

In a short essay, explain the meaning of the term international collaborative venture. What is the benefit?

In a short essay, discuss the role of insurance companies in the world of international business.

What is sogo shosha? In a short essay, explain the meaning of the term.

Two focal firms might partner together in a project-based, non-equity venture in order to ________.

Which of the following characterizes how multinational enterprises enter foreign markets?

A distribution channel intermediary primarily serves to market a firm's products abroad.

Which of the following has enabled SMEs to market their products at the same level as large multinational enterprises?

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. -Which of the following questions is most relevant for evaluating whether Nanocell should partner with an agent or foreign distributor to expand its overseas sales?

In a short essay, describe the three major nongovernmental participants in international business. Explain how the three work together in international business activities.

The main purpose of distribution channel intermediaries is to ________.