IBM C6

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University

82 Qs

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IBM C6

IBM C6

Assessment

Quiz

English

University

Practice Problem

Easy

Created by

Nhi Nguyễn

Used 3+ times

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82 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The choice of which markets to enter should be driven by an assessment of relative long-run growth and profit potential.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The attractiveness of a country as a potential market for an international business depends on balancing the benefits, costs, and risks associated with doing business in that country.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The costs and risks associated with doing business in a foreign country are typically high in an economically advanced and politically stable democratic nation.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value an international business creates in a foreign market depends on the suitability of its product offering to that market and the nature of indigenous competition.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

First-mover advantages are the advantages associated with entering a market early.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Costs that an early entrant has to bear that a later entrant can avoid are known as first-mover costs.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Educating customers is a part of pioneering costs.

True

False

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