Solutions
The benefits of retaining a core competency within a company and purposefully threading that
core competency through the value chain are referred to as ________ advantages.
A. internalization
B. domestic
C. location
D. ownership A. internalization
A company that wants to be less dependent on a local supplier and imports components from
suppliers in other countries is striving for:
A. Global rivalry
B. Diversification
C. Serendipity
D. Specialization of labor B. Diversification
, D311 Final Exam Questions With Complete
Solutions
The incremental internationalization view of exporting holds that companies first target countries
that are ________ their home market.
A. different from
B. similar to
C. smaller than
D. larger than B. similar to
Skype was founded in 2003 and from the very beginning operated across national borders. Skype
is an example of a(n):
A. Arbitrageur
B. Sporadic exporter
C. Born global
D. Private agent C. Born global
, D311 Final Exam Questions With Complete
Solutions
A Croatian manufacturer of bicycle lights hires an export management company to handle the
shipping, marketing, and selling of its products in the US. The Croatian company is a(n)
________ exporter.
A. passive
B. indirect
C. direct
D. ceteris paribus B. indirect
Which of the following is typically true of an export management company (EMC)?
A. It is usually a division of a manufacturing company.
B. Most EMCs in the United States are large, representing a wide range of products and large
number of companies.
C. It operates on a contractual basis for a manufacturer by helping obtain orders for its clients'
products.
D. It usually takes title to products rather than acting as an agent. C. It operates on a
contractual basis for a manufacturer by helping obtain orders for its clients' products.