QUIZ - IBTRADE - MIDTERMS

Which of the Entry Modes for Venturing into the Export Business stated that;

"You are the importer’s representative and you reside in the exporter’s home country."

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You can be the representative of more than one producer and represent the interest of the producer’s."

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You must meet the producer’s (contractor’s) requirements the name of the game in export is volume which most often is not met by everyone seasoned exporters?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You carry the inventory and thus needs various warehouse facilities for storing and keeping the basic goods?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You produce the goods thus, you should have a factory or plant to manufacture the products you are going to export?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You carry the inventory; therefore you contact for various types of goods and take possession and title of them?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You source the product from local suppliers based on the buyer’s requirements and specifications?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"A producer appoints you. and you therefore act as the producer’s agent you sell the producer’s merchandise to importers?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"Your contractor gives you assistance in the form of raw material design, quality specification, technology , or sometimes working capital?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT

Which of the Entry Modes for Venturing into the Export Business stated that;

"You buy from the producer or supplier directly you do not manufactured once you get the pieces of merchandise, you are responsible for them?"

• ENTRY MODE 1: PRODUCER EXPORTER

• ENTRY MODE 2: EXPORTER-TRADER

• ENTRY MODE 3: SUBCONTRACTOR

• ENTRY MODE 4: SELLING AGENT

• ENTRY MODE 5: BUYING AGENT