Podcast
Questions and Answers
What is one method of substituting national statistics in place of specific product data?
What is one method of substituting national statistics in place of specific product data?
- Timeline comparisons
- Both a and b (correct)
- Creating ratio comparisons
- Using demographic statistics
What is the assumption behind creating ratio comparisons using data from two markets to predict a third market's consumption?
What is the assumption behind creating ratio comparisons using data from two markets to predict a third market's consumption?
- Consumption in one market is dependent on the weather
- Consumption in one market is unrelated to another
- Consumption in one market is inversely proportional to another
- Consumption in one market is proportional to another based on known indicators (correct)
Which organization is listed as a source for country and market data in the text?
Which organization is listed as a source for country and market data in the text?
- World Trade Organization
- UNESCO
- The World Health Organization
- CIA World Factbook (correct)
What are some of the challenges associated with determining a company's competitive position internationally?
What are some of the challenges associated with determining a company's competitive position internationally?
What does the assumption in timeline comparisons involve?
What does the assumption in timeline comparisons involve?
What are some obstacles to collecting international data according to the text?
What are some obstacles to collecting international data according to the text?
In determining a company's competitive position internationally, what information is important to research about competitors?
In determining a company's competitive position internationally, what information is important to research about competitors?
What is a method used for substituting national statistics when specific product data is unavailable?
What is a method used for substituting national statistics when specific product data is unavailable?
"Determining a Company’s Competitive Position Internationally" involves researching which of the following?
"Determining a Company’s Competitive Position Internationally" involves researching which of the following?
What is a key benefit of indirect exporting mentioned in the text?
What is a key benefit of indirect exporting mentioned in the text?
Which factor is listed as a disadvantage of indirect exporting in the text?
Which factor is listed as a disadvantage of indirect exporting in the text?
What does direct market entry involve according to the text?
What does direct market entry involve according to the text?
What benefit is associated with direct exporting as per the text?
What benefit is associated with direct exporting as per the text?
Which aspect is highlighted as a disadvantage of indirect exporting?
Which aspect is highlighted as a disadvantage of indirect exporting?
What responsibility does direct export success place on the manufacturer/seller and buyer?
What responsibility does direct export success place on the manufacturer/seller and buyer?
What is a disadvantage of direct exporting compared to indirect exporting?
What is a disadvantage of direct exporting compared to indirect exporting?
What is a benefit of using a sales agent for exporting?
What is a benefit of using a sales agent for exporting?
Why might time-to-market be higher in using a sales agent compared to direct exporting?
Why might time-to-market be higher in using a sales agent compared to direct exporting?
What is a characteristic of indirect exporters according to the text?
What is a characteristic of indirect exporters according to the text?
In the context of foreign market entry mode selection, what is the significance of "All or Nothing"?
In the context of foreign market entry mode selection, what is the significance of "All or Nothing"?
What is a possible disadvantage of using a sales agent for exporting?
What is a possible disadvantage of using a sales agent for exporting?
What is a common difficulty companies face when trying to move beyond exporting?
What is a common difficulty companies face when trying to move beyond exporting?
Why might companies need to move from exclusive contracts to non-exclusive when expanding internationally?
Why might companies need to move from exclusive contracts to non-exclusive when expanding internationally?
What can limit the success of exporting in certain foreign markets according to the text?
What can limit the success of exporting in certain foreign markets according to the text?
Why might reducing transportation costs be a justification for Foreign Direct Investment (FDI)?
Why might reducing transportation costs be a justification for Foreign Direct Investment (FDI)?
What is a reason companies may choose FDI over exporting?
What is a reason companies may choose FDI over exporting?
Why might a company prefer domestic production over exporting to foreign markets?
Why might a company prefer domestic production over exporting to foreign markets?
What should companies consider when deciding between indirect exporting and direct exporting?
What should companies consider when deciding between indirect exporting and direct exporting?
Why is changing from indirect to direct exporting considered difficult?
Why is changing from indirect to direct exporting considered difficult?
What is the most risky foreign market entry mode according to the text?
What is the most risky foreign market entry mode according to the text?
When might companies consider establishing a Joint Venture or foreign subsidiary?
When might companies consider establishing a Joint Venture or foreign subsidiary?
What does Foreign Direct Investment (FDI) involve?
What does Foreign Direct Investment (FDI) involve?
Why might companies avoid using Foreign Direct Investment (FDI) as an entry mode according to the text?
Why might companies avoid using Foreign Direct Investment (FDI) as an entry mode according to the text?
What is one of the reasons for declining multi-faceted, as mentioned in the text?
What is one of the reasons for declining multi-faceted, as mentioned in the text?
In the context of Foreign Direct Investment (FDI) manufacturing, what does setting up foreign sales offices with local directors aim to achieve?
In the context of Foreign Direct Investment (FDI) manufacturing, what does setting up foreign sales offices with local directors aim to achieve?
What is one advantage of Foreign Sales and Marketing as an FDI option, according to the text?
What is one advantage of Foreign Sales and Marketing as an FDI option, according to the text?
When considering Overseas Distribution as an FDI option, what does purchasing a warehouse signify?
When considering Overseas Distribution as an FDI option, what does purchasing a warehouse signify?
What are some key considerations when selecting Foreign Market Entry Mode involving FDI, as indicated in the text?
What are some key considerations when selecting Foreign Market Entry Mode involving FDI, as indicated in the text?
What role does Third Party Logistics (3PL) play in the context of Overseas Distribution as an FDI option?
What role does Third Party Logistics (3PL) play in the context of Overseas Distribution as an FDI option?
Flashcards are hidden until you start studying
