International Business: The New Realities Fifth Edition Chapter 13 Quiz

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16 Questions

What is the usual entry strategy for a firm's first foreign market entry?

Which type of firms commonly favor exporting as a foreign market entry strategy?

What is the main focus of most exports?

Which of the following is NOT an export channel for firms?

What does global sourcing primarily focus on?

What is the main reason for firms to engage in global sourcing?

What is a primary benefit of exporting mentioned in the text?

Which industry has the highest example firm's international sales as a percentage of total sales?

What is the average international sales percentage in the Materials industry?

Which one of the following is NOT listed as an advantage of exporting mentioned in the text?

What type of service can typically be exported via foreign direct investment (FDI)?

In which industry does the example firm have the lowest international sales as a percentage of total sales?

Which industry has the example firm with international sales closest to the industry average?

What is the average international sales percentage in the Healthcare industry?

Which advantage of exporting helps businesses mitigate risk by reaching customers in different regions with varying demands?

What is an advantage of exporting that helps businesses maintain a more consistent revenue stream by providing a buffer against seasonal or regional economic downturns?

Description

Test your knowledge on exporting and global sourcing with this quiz based on Chapter 13 of 'International Business: The New Realities Fifth Edition'. The quiz covers topics such as foreign market entry strategies, export-import transactions, working with foreign intermediaries, and outsourcing.

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