INTERNATIONAL BUSINESS CHAPTER 15&16

INTERNATIONAL BUSINESS CHAPTER 15&16

University

20 Qs

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INTERNATIONAL BUSINESS CHAPTER 15&16

INTERNATIONAL BUSINESS CHAPTER 15&16

Assessment

Quiz

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University

Practice Problem

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Created by

Farah Adzlin

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why might a company produce goods in another country?

A. To increase taxes

To raise transportation costs

To reduce production costs

To avoid hiring local workers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason importing may not be enough for international success?

It’s always more profitable

It avoids foreign markets

It may face trade restrictions

It needs fewer employees

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does FDI stand for?

Foreign Direct Investments

Final Data Index

Free Domestic Imports

Foreign Development Initiative

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a benefit of wholly owned FDI?

Shared profits

Less Market Control

Freedom to pursue global strategies

Fewer legal responsibilities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is greenfield investment?

Buying an existing foreign business

Starting a new operation in a foreign country

Renting office space abroad

Selling goods to a foreign market

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do companies form collaborative arrangements?

To increase competition

To share risks and knowledge

To avoid foreign markets

To lower product quality

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of agreement involves one company giving another the right to use its brand and system?

Licensing

Franchising

Turnkey

Merger

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