D270 Midterm Exam Questions and
Answers (Solved Papers)
Offshoring - Correct Answers ✅the relocation of business
processes and services to a lower-cost foreign location
particularly white-collar, technical, professional, and clerical
services
Outsourcing - Correct Answers ✅A decision by a
corporation to turn over much of the responsibility for
production to independent suppliers.
Turnkey Operation - Correct Answers ✅A company sets a
contract with a company abroad, trains local personnel, and
then turns the key over to local management for a fee. allows
host country to use their trademark, brand
management contract - Correct Answers ✅home country
hires a host country to hire, train, manage workers for their
work and pays them a fee for dealing with operations
overseas. less risk, less costly, less complex
Foreign Direct Investment - Correct Answers ✅investor
takes controlling investment in foreign country
joint venture - Correct Answers ✅an agreement between
two or more companies to share an FDI
change agent - Correct Answers ✅someone who is a
catalyst in helping organizations to deal with old problems in
, D270 Midterm Exam Questions and
Answers (Solved Papers)
new ways. can also be brands changing culture/brands in a
country
opinion leaders - Correct Answers ✅individuals who exert
direct or indirect social influence over others. influencers
Reshoring - Correct Answers ✅moves jobs back from
foreign to domestic locations
Microprocessor - Correct Answers ✅The central processing
unit that is generally made from a single integrated circuit.
Agglomeration - Correct Answers ✅Clumping together of
industries for mutual advantage.
licensing agreement - Correct Answers ✅an agreement in
which one firm gives another firm the right to produce and
market its product in a specific country or region in return for
royalties
Royalties - Correct Answers ✅A percentage of actual sales
that a licensee pays to a licensor, usually anywhere from 5 to
15 percent
prestige - Correct Answers ✅a high standing achieved
through success or influence or wealth etc.
Answers (Solved Papers)
Offshoring - Correct Answers ✅the relocation of business
processes and services to a lower-cost foreign location
particularly white-collar, technical, professional, and clerical
services
Outsourcing - Correct Answers ✅A decision by a
corporation to turn over much of the responsibility for
production to independent suppliers.
Turnkey Operation - Correct Answers ✅A company sets a
contract with a company abroad, trains local personnel, and
then turns the key over to local management for a fee. allows
host country to use their trademark, brand
management contract - Correct Answers ✅home country
hires a host country to hire, train, manage workers for their
work and pays them a fee for dealing with operations
overseas. less risk, less costly, less complex
Foreign Direct Investment - Correct Answers ✅investor
takes controlling investment in foreign country
joint venture - Correct Answers ✅an agreement between
two or more companies to share an FDI
change agent - Correct Answers ✅someone who is a
catalyst in helping organizations to deal with old problems in
, D270 Midterm Exam Questions and
Answers (Solved Papers)
new ways. can also be brands changing culture/brands in a
country
opinion leaders - Correct Answers ✅individuals who exert
direct or indirect social influence over others. influencers
Reshoring - Correct Answers ✅moves jobs back from
foreign to domestic locations
Microprocessor - Correct Answers ✅The central processing
unit that is generally made from a single integrated circuit.
Agglomeration - Correct Answers ✅Clumping together of
industries for mutual advantage.
licensing agreement - Correct Answers ✅an agreement in
which one firm gives another firm the right to produce and
market its product in a specific country or region in return for
royalties
Royalties - Correct Answers ✅A percentage of actual sales
that a licensee pays to a licensor, usually anywhere from 5 to
15 percent
prestige - Correct Answers ✅a high standing achieved
through success or influence or wealth etc.
