Question 1

Buyback is defined as ________.

Accepted Answer

A) the export of industrial equipment in return for products produced by that equipment 
B) an agreement that a company will offset a hard-currency sale to a nation by making a hard-currency purchase of an unspecified product from that nation in the future 
C) the sale of goods or services to a country by a company that promises to make a future purchase of a specific product from that country 
D) the exchange of goods or services for a certain amount of money 
A) the export of industrial equipment in return for products produced by that equipment 
B) an agreement that a company will offset a hard-currency sale to a nation by making a hard-currency purchase of an unspecified product from that nation in the future 
C) the sale of goods or services to a country by a company that promises to make a future purchase of a specific product from that country 
D) the exchange of goods or services for a certain amount of money

Question 2

Which of the following steps of the strategy development process for exports involves performing market research and interpreting results obtained from the research?

Accepted Answer

A) identification of a potential market 
B) match needs of the market to the company's abilities 
C) initiation of meetings 
D) commitment of resources 
A) identification of a potential market 
B) match needs of the market to the company's abilities 
C) initiation of meetings 
D) commitment of resources

Question 3

Which of the following statements is true of the strategic factors that influence a company's international entry mode selection?

Accepted Answer

A) Low tariffs and high quota limits encourage market entry by means of investment. 
B) Companies that produce goods with high shipping costs prefer exporting. 
C) Companies set up production units in a host market if the total cost of production is lower in the home market. 
D) Markets that are likely to remain relatively small consider exporting as a viable option. 
A) Low tariffs and high quota limits encourage market entry by means of investment. 
B) Companies that produce goods with high shipping costs prefer exporting. 
C) Companies set up production units in a host market if the total cost of production is lower in the home market. 
D) Markets that are likely to remain relatively small consider exporting as a viable option.

Question 4

Describe the process of how the documentary collection procedure works using an example.

Accepted Answer

Export/import financing in which a bank

Question 5

Advance payment made by an importer to an exporter normally takes the form of a sight draft.

Accepted Answer

A) True 
 B)False

Question 6

Agency relationships are popular among exporters because they are easy to terminate should difficulties arise.

Accepted Answer

A) True 
 B)False

Buyback is defined as ________.

Which of the following steps of the strategy development process for exports involves performing market research and interpreting results obtained from the research?

Which of the following statements is true of the strategic factors that influence a company's international entry mode selection?

Describe the process of how the documentary collection procedure works using an example.

Advance payment made by an importer to an exporter normally takes the form of a sight draft.

Agency relationships are popular among exporters because they are easy to terminate should difficulties arise.

Globalization

Cross-Cultural Business

Politics,Law,and Business Ethics

Economics and Emerging Markets

International Trade

Business-Government Trade Relations

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Money System

International Strategy and Organization

Analyzing International Opportunities

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters

Exam 13: Selecting and Managing Entry Modes

Buyback is defined as ________.

Which of the following steps of the strategy development process for exports involves performing market research and interpreting results obtained from the research?

Which of the following statements is true of the strategic factors that influence a company's international entry mode selection?

Describe the process of how the documentary collection procedure works using an example.

Advance payment made by an importer to an exporter normally takes the form of a sight draft.

Agency relationships are popular among exporters because they are easy to terminate should difficulties arise.

Globalization

Cross-Cultural Business

Politics,Law,and Business Ethics

Economics and Emerging Markets

International Trade

Business-Government Trade Relations

Foreign Direct Investment

Regional Economic Integration

International Financial Markets

International Money System

International Strategy and Organization

Analyzing International Opportunities

Developing and Marketing Products

Managing International Operations

Hiring and Managing Employees

Filters