#1
Which of the following is NOT a common mode of international market entry?
Exporting
Licensing
Monopoly
Joint Venture
#2
What is the primary disadvantage of using the export strategy for international market entry?
Limited control over marketing and distribution
High initial investment
Complex legal requirements
Risk of cultural misalignment
#3
Which factor is often considered a drawback of the franchising strategy for international market entry?
High level of control for the franchisor
Limited scalability
Low financial commitment for the franchisee
Quick adaptation to local market conditions
#4
Which of the following is a primary consideration for companies when selecting an international market entry strategy?
Market saturation in the home country
Availability of natural resources
Economic conditions in the destination country
Government regulations on employee salaries
#5
Which of the following is a disadvantage of using the joint venture strategy for international market entry?
Shared risks and resources
Limited control over operations
Low initial investment
Quick market penetration
#6
What is the main advantage of a joint venture as an international market entry strategy?
Full control over operations
Shared risk and resources
Low initial investment
Quick market penetration
#7
Which international market entry strategy involves a company granting the right to another company to use its intellectual property in exchange for royalty payments?
Franchising
Strategic Alliance
Licensing
Exporting
#8
Which international market entry strategy involves a company collaborating with another company to achieve shared goals, such as research and development?
Exporting
Licensing
Strategic Alliance
Joint Venture
#9
What is the 'Born Global' strategy in international business?
A strategy focused on local markets only
A strategy targeting global markets from inception
A strategy that relies on joint ventures
A strategy limited to franchising
#10
What is the primary purpose of a countertrade arrangement in international business?
Ensuring fair trade practices
Bypassing currency exchange restrictions
Reducing transportation costs
Promoting cultural exchange
#11
Which international market entry strategy involves a company combining resources and expertise with a local firm to create a new entity?
Exporting
Licensing
Strategic Partnership
Greenfield Investment
#12
What does the term 'Wholly Owned Subsidiary' mean in the context of international market entry?
A company owned entirely by one individual
A subsidiary with 51% ownership by the parent company
A subsidiary with 100% ownership by the parent company
A subsidiary with no ownership by the parent company
#13
In the context of international market entry, what does the acronym 'FDI' stand for?
Foreign Direct Investment
Free Duty Income
Foreign Domestic Integration
Financial Development Index
#14
In the context of international market entry, what does the term 'Greenfield Investment' refer to?
Investing in environmentally friendly projects
Investing in existing infrastructure
Building operations from the ground up in a foreign market
Investing in renewable energy sources
#15
What is the primary purpose of a strategic international alliance in market entry?
Achieving global monopoly
Minimizing competition
Sharing resources and risks
Exclusively focusing on domestic markets
#16
What does the acronym 'BOO' stand for in the context of international market entry?
Build, Operate, Optimize
Buy, Own, Operate
Build, Own, Operate
Business Optimization Organization
#17
In the context of international market entry, what is the role of a trade barrier?
Facilitate free trade
Promote cultural exchange
Impede the flow of goods and services
Enhance diplomatic relations