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12th Grade

10 Qs

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Business

12th Grade

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adam Barth

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of an international agent or distributor?

Finding competitors and matching their price
Providing insights and contacts to the markets to help navigate expansion
Manufacturing the product at a cheaper price
Hiring and firing of local employees

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one benefit of licensing in global expansion?

Greater control
Lower costs
Increased efficiency
Limited risk

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a sales subsidiary?

A business that purchases intellectual property from another country
A business that is owned and controlled by a larger company
A business that manufactures products for its subsidiaries
A business that sells products through its subsidiaries

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason for overseas manufacturing in global expansion?

To lower costs
To increase the customer base
To gain greater control
To form partnerships with complementary businesses

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between strategic alliances and joint ventures?

Strategic alliances involve manufacturing products, while joint ventures involve distributing products
Strategic alliances involve selling products, while joint ventures involve purchasing products
Strategic alliances involve pooling resources and sharing costs, while joint ventures involve forming partnerships.
Strategic alliances involve partnerships with complementary businesses, while joint ventures involve purchasing intellectual property

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is the role of a sales subsidiary in global expansion?

Selling products in another country
Manufacturing products in another country
Purchasing intellectual property from other businesses
Warehousing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered a risk within overseas manufacturing?

Lower Costs
Language differences
Greater pool of Talent
Economies of scale

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