D311 Final Exam | Questions and 100% Correct
Answers |A Graded
Which of the following best defines internalization?
A. Liberty through self-handling of ideas
B. Control through outside handling of operations
C. Control through self-handling of operations
D. Control through self-handling of ideas - ✔✔C. Control through self-handling of operations
Which of the following refers to the acquisition of a controlling interest in a foreign company?
A. Foreign direct investment
B. Acquisition strategy
C. Greenfield investment
D. Leasing - ✔✔A. Foreign direct investment
Because of the high investment required to develop many of today'sinventions, which of the
following statements applies?
A. Smaller, more nimble companies are likely to have a competitive advantage
B. Collaboration increases and reduces costs.
C. Governments need to create trade barriers.
D. Large companies lack the brainpower necessary to stay ahead of competitors. - ✔✔B.
Collaboration increases and reduces costs.
, When more than two organizations participate in a venture, the venture is sometimes called
a(n)________.
A. license
B. equity alliance
C. franchise
D. consortium - ✔✔D. consortium
Companies enter into international collaborations for various reasons. Which of the following is
not one of those reasons?
A. To gain location-specific assets
B. To overcome governmental constraints
C. To safeguard intellectual property
D. To diversify geographically - ✔✔C. To safeguard intellectual property
Which of the following are examples of possible combinations for a joint venture? Select the
best possible answer.
A. A foreign company joining with a local company
B. Companies from two or more countries establishing a joint venture in a third country
C. A private company and a local government forming a joint venture
D. All of the above - ✔✔D. All of the above
Which of the following is most likely used by a company that hires a foreign company to
manage its operations?
A. Licensing
Answers |A Graded
Which of the following best defines internalization?
A. Liberty through self-handling of ideas
B. Control through outside handling of operations
C. Control through self-handling of operations
D. Control through self-handling of ideas - ✔✔C. Control through self-handling of operations
Which of the following refers to the acquisition of a controlling interest in a foreign company?
A. Foreign direct investment
B. Acquisition strategy
C. Greenfield investment
D. Leasing - ✔✔A. Foreign direct investment
Because of the high investment required to develop many of today'sinventions, which of the
following statements applies?
A. Smaller, more nimble companies are likely to have a competitive advantage
B. Collaboration increases and reduces costs.
C. Governments need to create trade barriers.
D. Large companies lack the brainpower necessary to stay ahead of competitors. - ✔✔B.
Collaboration increases and reduces costs.
, When more than two organizations participate in a venture, the venture is sometimes called
a(n)________.
A. license
B. equity alliance
C. franchise
D. consortium - ✔✔D. consortium
Companies enter into international collaborations for various reasons. Which of the following is
not one of those reasons?
A. To gain location-specific assets
B. To overcome governmental constraints
C. To safeguard intellectual property
D. To diversify geographically - ✔✔C. To safeguard intellectual property
Which of the following are examples of possible combinations for a joint venture? Select the
best possible answer.
A. A foreign company joining with a local company
B. Companies from two or more countries establishing a joint venture in a third country
C. A private company and a local government forming a joint venture
D. All of the above - ✔✔D. All of the above
Which of the following is most likely used by a company that hires a foreign company to
manage its operations?
A. Licensing
