Which of the following would most likely be used in Jordan's report to describe the nature of the economy?
A) service-based
B) mulitparty
C) government-directed
D) manufacturing-based
Question 2Which of the following is not a primary benefit of collaborating with a family conglomerate?
A) develop local contacts
B) prevent intellectual property theft
C) market access
D) government access
Question 3Certain attendees at the workshop represent three countries with the highest degree of economic development. These attendees are from which of the following countries?
A) Japan, Brazil, and France
B) Canada, the United States, and Mexico
C) Australia, Japan, and the United States
D) The Netherlands, Sweden, and China
Question 4Certain attendees represent countries with relatively little economic development, compared to the other nations present. These individuals are most likely from ________.
A) South Africa, Russia, and China
B) Bangladesh, Nicaragua, and Zaire
C) Norway, Sweden, and Finland
D) Nepal, Cambodia, and Austria
Question 5Workshop participants are divided into groups of three. For learning purposes, groups must be made up of individuals from countries with similar degrees of economic development. Which of the following might be grouped together?
A) Representatives from Mongolia, Iran, and Sudan
B) Representatives from Germany, Italy, and New Zealand
C) Representatives from the U.S., China, and Belarus
D) Representatives from Portugal, Spain, and Cuba
Question 6What is the difference between a brownfield strategy and a greenfield strategy? Do you think one strategy is better than the other? Explain.
What will be an ideal response?
Question 7Which of the following questions would be most important for the consulting firm to evaluate when making a recommendation to Vytel about doing business in Argentina?
A) What is the likelihood that one of the Argentina-based firms will relocate operations?
B) Would the lower cost of outsourcing offset any financial setbacks for Vytel?
C) Will government regulations significantly impede Vytel's ability to make profits?
D) What benefits have been gained in the past by Vytel using foreign distributors?
Question 8Which of the following features would be considered the primary comparative advantage for the Persian Gulf nations?
A) petroleum
B) technology
C) infrastructures
D) education