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International Business Quiz

Authored by RUSSELL RODRIGO

Business

University

Used 4+ times

International Business Quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of purchasing products from other countries and reselling them in one's own?

Licensing Agreement

Exporting

Franchise Agreement

Importing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of agreement allows a foreign company to use a company's brand name and sell its products?

Strategic Alliance

Franchise Agreement

Offshoring

Joint Venture

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formal establishment of business operations on foreign soil called?

Foreign Direct Investment (FDI)

Offshoring

Joint Venture

International Contract Manufacturing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the process of selling products to foreign customers?

Exporting

Licensing Agreement

Franchise Agreement

Importing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of agreement allows a foreign company to sell a company's products or use its intellectual property in exchange for royalty fees?

Strategic Alliance

Joint Venture

Franchise Agreement

Licensing Agreement

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the agreement between two companies to pool talent and resources to achieve business goals that benefit both partners called?

Offshoring

Franchise Agreement

Joint Venture

Strategic Alliance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What occurs when a company sets up facilities in a foreign country to produce goods that will be sent back to the United States for sale?

Joint Venture

Offshoring

International Contract Manufacturing

Foreign Direct Investment (FDI)

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