Multiple Choice
Scenario: Wang's Techno Toys
Ann Wang has been successful in the domestic market selling high-tech toy products. But facing stiff competition at home, Ann has entered international markets by direct exporting.
-Which financing method represents the greatest risk for Ann's export business?
A) Documentary collection
B) Advance payment
C) Letter of credit
D) Open account
Correct Answer:
Verified
Correct Answer:
Verified
Q54: A relationship whereby two or more entities
Q55: Under the stipulations of a(n) _, one
Q56: Which of these take ownership of merchandise
Q57: _ is used mainly in service industries
Q58: When one company designs, constructs, and tests
Q60: _ is the export of industrial equipment
Q61: Because licensing creates a cooperative arrangement by
Q62: Differentiate between joint ventures and strategic alliances.
Q63: _ is a contractual entry mode in
Q64: Identify and briefly explain the possible configurations