Exam 5: Identifying and Analyzing Domestic and International Opportunities

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An opportunity assessment plan has four sections-two major sections and two minor sections. 

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True

The objectives of the General Agreement on Tariffs and Trade was to liberalize trade by eliminating or reducing tariffs. 

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True

Primary data is: 

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C

International entrepreneurship is the process of an entrepreneur conducting business activities across national boundaries. 

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A vertical merger is the combination of two firms that produce one or more of the same or closely related products in the same geographical area. 

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An opportunity assessment plan: 

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Transfer risk is the risk in attempting to shift assets or other funds out of the country. 

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Concerns regarding roads,electricity,banking facilities,communication,and educational systems have to do with a country's: 

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Exporting: 

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When researching foreign markets,the entrepreneur will usually want data such as population,GDP,per capita income,inflation rate,literacy rate,unemployment,and education levels. 

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All of the following is true of the General Agreement on Tariffs and Trade except: 

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The General Agreement on Tariffs and Trade is an attempt to impose significant tariffs on business between nations. 

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What is a nonequity arrangement Define the two major types of nonequity arrangements: licensing and turn-key projects,and give at least one advantage and disadvantage for each.

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________ provides information on industries such as aerospace,energy,healthcare and defense. 

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Three major types of political risks that might be present are operating risk,transfer risk,and ownership risk. 

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Nonverbal or hidden language of a culture accounts for a small percentage of all understood communication. 

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All of the following are government sources of information except: 

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Explain what the differences are between a business plan and an opportunity assessment plan. 

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Which among the following political risks is considered the biggest risk of all  

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Gartner provides information on technology markets. 

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