Which of the following types of joint ventures involve parties investing together in downstream business activities quizlet?
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Get faster at matching terms Terms in this set (20)Companies involved in direct exporting typically rely on ________. D) All of these Scenario:
Sports Stuff Inc. The CEO of Sports Stuff has decided that the company needs to retain complete control over its operations in Europe.
To achieve this objective, Herb would most likely recommend that the firm establish a ________. D) wholly owned subsidiary Which of the following occurs when a company sells its products to buyers in a target market without going through intermediary companies? A) direct export Franchising is primarily used in service industries. TRUE Scenario: Sports Stuff Inc. Which of the following entry modes would Sports Stuff be implementing if it hires a company to design, construct, and test a production facility on its behalf? D) turnkey project ________ occur(s) when a firm sells its products to a domestic customer, which in turn exports the product, in either its original form or a modified form. A) Indirect exporting Scenario: Gro-Tru Grows To Europe In his research, Alistair discovers a type of arrangement in which
industrial equipment is exported in return for products produced by that equipment. This arrangement is known as ________. B) buyback Cross licensing occurs when companies use licensing agreements to swap intangible property with one another. TRUE Which
of the following steps of the strategy development process for exports involves establishing relationships with potential local distributors? B) initiation of meetings Which of the following normally takes the form of a wire transfer of money from the bank
account of the importer directly to that of the exporter prior to shipment of merchandise? A) advance payment Which of the following is a disadvantage of strategic alliances? D) They create future competitors. Countertrade is not an option for smaller companies because of the cash outlays involved. FALSE ________ is the most common form of international business
activity. A) Exporting Scenario: Gro-Tru Grows To Europe Gro-Tru would be engaging in ________, if it decides that in exchange for a hard-currency sale it would make a hard-currency purchase of an unspecified product from the importing nation in the future. B) offset Which of the following types of joint ventures involve parties investing together in downstream business activities? A) forward integration A(n) ________ exports products on behalf of an indirect exporter. A) export management company Advance payment made by an importer to an exporter normally takes the form of a sight draft. FALSE Advance payment is commonly used for export/import financing when ________. D) two parties are unfamiliar with each other The sale of goods and services to a country by a company that promises to buy a specific product from that country in the future is called a(n) ________. B) counterpurchase Typically, indirect exporting relies on local sales representatives or distributors. FALSE Sets with similar termsChapter 13 Practice Quiz Questions10 terms amarie143 International Business Ch 1343 terms stuartt12 Chapter 1336 terms Karlie9 Basic Marketing Chapters 7 and 831 terms jshumate91 Sets found in the same folderInternational Business - Chapter 1620 terms lindsey_gail8 International Business - Chapter 1420 terms lindsey_gail8 International Business - Chapter 1520 terms lindsey_gail8 International Business - Chapter 1620 terms lindsey_gail8 Other sets by this creatorInternational Business - Chapter 1520 terms lindsey_gail8 International Business - Chapter 1420 terms lindsey_gail8 International Business - Chapter 1320 terms lindsey_gail8 International Business - Chapter 1620 terms lindsey_gail8 Verified questionsQUESTION Byron Books Inc. recently reported $13 million of net income. Its EBIT was$20.8 million, and its tax rate was 35%. What was its interest expense? (Hint: Write out the headings for an income statement, and fill in the known values. Then divide $13 million of net income by (1-T)=0.65 to find the pretax income. The difference between EBIT and taxable income must be interest expense. Use this same procedure to complete similar problems.) Verified answer QUESTION Baxley Brothers has a DSO of 23 days, and its annual sales are $3,650,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Verified answer
QUESTION Why might it be rational for a small firm that does not have access to the capital markets to use the payback method rather than the NPV method? Verified answer
QUESTION Define (a) sensitivity analysis, (b) scenario analysis, and (c) simulation analysis. If GE were considering two projects (one for $500 million to develop a satellite communications system and the other for$30,000 for a new truck), on which would the company be more likely to use a simulation analysis? Verified answer Other Quizlet setsMGT 164 Final18 terms sushi__trash Cognition Week 1-6149 terms aundreahubble English vocab chapter 1 night16 terms carson_krieger Joints19 terms ijacobsen Related questionsQUESTION Cody believes that Delta Corporation has discriminated against him on the basis of gender. Cody files a suit against Delta under Title VII. TO establish a primafacie case of employment discrimination, Cody must show that? 5 answers QUESTION A foreign corporation normally does not need a certificate of authority to sell goods or services via the Internet or by mail. (t/f) 5 answers QUESTION What does Soft Skills refer to? List 3 Soft Skills you must have to compete successfully in today's job market. 4 answers QUESTION A nonbanking financial institution that buys and sells stocks, bonds, and other securities for its customers is called a 14 answers Which of the following is the first step in developing a successful export strategy quizlet?Matching market needs to the company's abilities is the first step in developing a successful export strategy. Which of the following refers to a contract between the exporter and shipper that specifies merchandise destination and shipping costs?
Which one of the following is 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?A counterpurchase refers to the sale of goods and services to a company in a foreign country by a company that promises to make a future purchase of a specific product from the same company in that country.
Which of these occurs when a company sells its products to intermediaries who then resell to buyers in a target market?Direct exporting is when a company sells its products directly to buyers in a target market, and indirect exporting occurs when a company sells its products to intermediaries who then resell to buyers in a target market.
Which of the following is true of distributors quizlet?Which of the following is true of distributors? Selected Answer: The use of distributors increases the exporter's control over the price buyers are charged.
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