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Internacionalization class quiz

Authored by ANA PALACIO

Science

Professional Development

Used 3+ times

Internacionalization class quiz
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is internationalization?

Closure of operations abroad

Reduction of costs in the local market

Increase in national production

Expansion of a company into international markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a reason for market research?

Obtain strategic assets

Streamline existing operations

Find new customers

Access cheaper resources

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What model suggests a sequential pattern of entry into foreign markets?

Uppsala Model

Dunning Model

Product Life Cycle Model

Transaction Cost Model

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is meant by 'psychic distance'?

Differences in production costs

Perception of differences between markets

Difficulties in logistics

Variations in consumer demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What characterizes 'born global' companies?

Globalization vision from the start

Gradual expansion in the local market

Exclusive focus on local products

Dependence on national markets

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is 'outsourcing' in the context of internationalization?

Use of own subsidiaries

Hiring agents or distributors

Internal production of goods

Closure of international operations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is sought with transaction cost analysis (TCA)?

Minimize production costs

Maximize foreign investment

Balance organizational and market costs

Increase local production

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