International Market Entry Strategies Quiz

Monopoly is not a common mode of international market entry as it refers to exclusive control by a single entity.

Export strategy often entails limited control over marketing and distribution in foreign markets.

Franchising strategy is often limited in scalability due to reliance on individual franchisees.

Economic conditions in the destination country are a primary consideration when selecting an international market entry strategy.

Joint venture strategy often involves limited control over operations due to shared decision-making with partners.

Joint ventures offer shared risk and resources between partnering companies.

Licensing involves granting the right to use intellectual property in exchange for royalties.

Strategic Alliance involves collaboration between companies to achieve common goals like R&D.

'Born Global' strategy involves targeting global markets from the outset of a company's operations.

Countertrade arrangements facilitate bypassing currency exchange restrictions in international transactions.

Strategic Partnership involves combining resources with a local firm to establish a new entity for market entry.

A wholly owned subsidiary is fully owned and controlled by the parent company.

FDI stands for Foreign Direct Investment, referring to investment in foreign-based assets.

Greenfield Investment involves establishing operations from scratch in a foreign market.

Strategic international alliances aim to share resources and risks between companies entering foreign markets.

BOO in international market entry refers to Build, Own, Operate arrangements for infrastructure projects.

Trade barriers impede the flow of goods and services between countries.