When a company in the U.S. contracts some of their jobs to other firms. These firms may be in the U.S. or overseas. A. Out-Sourcing B. Off-shoring C. Exporting D. Importing
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Out-Sourcing
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Off-shoring
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Exporting
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Importing
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- Producing goods in one country and selling them in another country is called A. foreign exchange. B. countertrading. C. transporting. D. exporting. E. facilitating.When a firm produces locally and ships the components/ingredients to the foreign markets to be put together as finished goods, this describes.. a. Foreign production method b. Foreign agency method c. Assembling method d. Export methodwhat are the step by step procedures or processes for importing and exporting refrigerated cargo and perishables.
- Firms that follow Global standardisation strategy are called global firms none international firms O multi-domestic firms Profits can be increased by using a differentiation strategy which is defined as Adding value to a product so that O customers are willing to pay more for it O Lowering costs O Both A and B O None of the aboveWhich of the following allows a foreign company to sell a company’s products or use its intellectual property in exchange for royalty fees?Choose one answer.a. Joint venture b. Licensing agreement c. Strategic alliance d. OffshoringCompany might decide stop outsourcing because A the economy has changed so that they outsource iss no longer financialy viable B the team members are not comfortable with the location C the team members vote to close down operations D the company has made enough money A domestic alternative to offshoring where the work is outsourced to rutal underdeveloped parts of Saudi Arabia is called A ruralsourcing B farmsouurcing C indiesourcing D localsourcing
- Licensing and exporting can be considered relatively low-risk methods of entering foreign markets.;True or FalseSuppose you are made a warehouse manager of an exporting firm. Which factors will you consider before setting up a warehouse for the exporting goods?The practice of sending an activity from an organization to another that was traditionally produced within the organization otherwise: E-commerce Entrepreneurial ship Outsourcing Activities diversification Globalization
- All of the following statements about licensing are correct except for: Select one: a. Licensing allows the domestic firm more control than exporting over how the product is distributed in the foreign market. b. Licensing is an agreement that allows a firm in one country (the licensee) to use the proprietary assets of another company located in another country (the licenser) c. Domestic firms receive royalty payments without committing their own money and time to produce the products or services d. The specific supply chain functions are carried out by the licenser using the established distribution systems of the foreign market.1) Explain (with relevant examples if needed) international trade with increasing unit costs b. incomplete specialization a.Opportunities for college graduates in international business continue to decrease. True or False True False