Which of the following best compares licensing and exporting as tools for entering foreign markets?
A) Licensing and exporting are both low-risk methods, but licensing is not as simple as exporting.
B) Licensing is riskier and more complicated than exporting.
C) Exporting is much riskier and more complicated than licensing.
D) Licensing and exporting are both low-risk, but exporting is more complicated.
E) Licensing and exporting are both complicated and expensive methods.
Question 2 - ____ is the largest video site on the Internet.
A) YouTube
B) Flickr
C) Facebook
D) iTunes
E) Twitter
Question 3 - The interview is part of
A) recruiting.
B) orientation.
C) selection.
D) training.
E) HRM development.
Question 4 - The _________ expresses the value of one nation's currency in terms of another nation's currency.
A. liquidity ratio
B. exchange rate
C. countertrade ratio
D. discount rate
Fill in the blank(s) with correct word
Question 5 - Ben Schumpert decides his company will start exporting and he wants to start at the most basic level. What action should Ben take to meet his objectives?
A) License the company's brand name and products to foreign manufacturers.
B) Contact Sears World Trade to find foreign consumers.
C) Open new facilities around the world.
D) Form a joint venture with a complementary company in a foreign country.
E) Sell the company's products to an export-import merchant.
Question 6 - Which of the following would be part of a media sharing site?
A) Blog
B) Forum
C) Wiki
D) Social game
E) Podcast
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