Question 1

As a form of franchising, sovereign wealth funds are getting very little attention as a strategy for doing business in foreign markets.

Accepted Answer

A) True 
 B)False

Question 2

Game Guys, Inc. needed a special silicon substrate. The company executives knew a new start-up in India, Silicon Sisters, Inc., was the best in the world at efficiently mass-producing the product. The Indian company needed MSG (metallurgical grade silicon)  in order to make the substrate, which it knew it could get from a Chinese firm. The Chinese firm (mostly owned by the Chinese government)  agreed to supply the silicon to Silicon Sisters if it could get a certain quantity of gaming hardware from Game Guys. This beneficial exchange is described as

Accepted Answer

A)   beneficial contracting.
B)   contract manufacturing.
C)   third-party purchasing.
D)   countertrading.E) All of the above
F) None of the above

Question 3

With all its perception of opportunity, the expansion of global trade is still plagued by terrorism, nuclear proliferation, rogue states, and other issues.

Accepted Answer

A) True 
 B)False

Question 4

Contract manufacturing is when a firm pays foreign manufacturers to produce its product. The foreign manufacturer places the domestic company's label on the products.

Accepted Answer

A) True 
 B)False

Question 5

Profitable opportunities in global markets are diminishing for small and medium-sized businesses.

Accepted Answer

A) True 
 B)False

Question 6

Game Guys, Inc. needed a special silicon substrate. The company executives knew that a new start-up in India, Silicon Sisters, Inc., was the best in the world at efficiently mass-producing the product. The Indian company needed MSG (metallurgical grade silicon) in order to make the substrate, which it knew it could get from a Chinese firm. The Chinese firm (mostly owned by the Chinese government) agreed to supply the silicon to Silicon Sisters if it could get a certain quantity of gaming hardware from Game Guys. This beneficial exchange is described as countertrading.

Accepted Answer

A) True 
 B)False

Exam 3: Doing Business in Global Markets

With all its perception of opportunity, the expansion of global trade is still plagued by terrorism, nuclear proliferation, rogue states, and other issues.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

As a form of franchising, sovereign wealth funds are getting very little attention as a strategy for doing business in foreign markets.

Correct Answer
verified

Profitable opportunities in global markets are diminishing for small and medium-sized businesses.

Correct Answer
verified

Contract manufacturing is when a firm pays foreign manufacturers to produce its product. The foreign manufacturer places the domestic company's label on the products.

Correct Answer
verified

Exam 3: Doing Business in Global Markets

With all its perception of opportunity, the expansion of global trade is still plagued by terrorism, nuclear proliferation, rogue states, and other issues.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

As a form of franchising, sovereign wealth funds are getting very little attention as a strategy for doing business in foreign markets.

Correct AnswerverifiedShow Answer

Profitable opportunities in global markets are diminishing for small and medium-sized businesses.

Correct AnswerverifiedShow Answer

Contract manufacturing is when a firm pays foreign manufacturers to produce its product. The foreign manufacturer places the domestic company's label on the products.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified