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GMS522 - POP QUIZ 3 QUESTIONS AND ANSWERS

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GMS522 - POP QUIZ 3 QUESTIONS AND ANSWERS

Institution
GMS 522
Module
GMS 522








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Institution
GMS 522
Module
GMS 522

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Uploaded on
March 1, 2025
Number of pages
2
Written in
2024/2025
Type
Exam (elaborations)
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Questions & answers

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GMS522 - POP QUIZ 3 QUESTIONS AND
ANSWERS
Online surveys allow the researcher to easily reach potential respondents in multiple
countries and also allow for the use of video and animation to demonstrate product
benefits.
Compared to personal interviews the response rate to online surveys is likely to be -
Answer-lower

Which of the following is considered a reactive motivation to go international - Answer-
Saturated domestic markets

Some companies may skip one or more stages in the process of internationalization
e.g.
transitioning from exporting directly to foreign production. What is this phenomenon
called? - Answer-Leapfrogging

Small, technology-driven companies with innovative products and which operate in a
range of
foreign countries almost from inception are described as being - Answer-born global

With a __________________ strategy the company begins the internationalization
process by
establishing operations in a nearby country which is culturally similar and at the same
level of - Answer-sprinkler
According to Dunning's OLI Framework a firm's foreign investment decisions are driven
by - Answer-Ownership, Location and Internalization factors

The ___________ theory attempts to explain international trade by examining the
pattern of
consumer demand for products - Answer-Linder

According to the International Product Cycle Theory comparative advantage shifts to
developing countries such as Mexico, India and China in the _________ stage of the
cycle - Answer-third

Which is NOT a form of government export promotion? - Answer-Establishing voluntary
export restrictions on local firms

The Mexican ambassador to Canada knew exactly why he was being asked to attend a
meeting in Ottawa. Mexican vegetable farmers were rumored to be subsidized by their
government. Canadian farmers in British Columbia and Ontario (two Canadian
provinces) had

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