What are the similarities and differences between the home replication strategy and the global strategy?
What will be an ideal response?
Question 2Which of the following is a benefit of licensing agreements?
A) home-based globalization
B) proven business models
C) short-term royalty fees
D) minimal marketing requirements
Question 3The ________ approach to expatriate compensation equalizes purchasing power across countries; this helps employees enjoy the same living standard in their foreign posting that they enjoyed at home.
A) balance sheet
B) equalization
C) merit
D) differential
Question 4What is the primary transaction currency for the foreign exchange market? What are the dominant currencies in the international bond market?
What will be an ideal response?
Question 5Distribution channel intermediaries perform all of the following functions for focal firms except ________.
A) production
B) advertising
C) customer service
D) warehousing
Question 6What is the difference between a developing country and a developed country? What significant trends are occurring in each type of market that relate to international business decisions?
What will be an ideal response?
Question 7Serendipity is often an export trigger for companies that purposefully look to internationalize their operations.
Indicate whether the statement is true or false
Question 8Born global firms do business internationally within a few years after their founding.
Indicate whether the statement is true or false
Question 9Cultural factors are among the most difficult and complex to assess and understand.
Indicate whether the statement is true or false
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