INB Exam 4 Review Questions and
Answers 100% Pass
The European Union (EU) is now a political union. - ANSWER-False
It is economic.
Pro-creations Corp., a tool manufacturing company, has decided to expand its
business internationally. Consequently, the company has paid a contractor to
construct a manufacturing facility and an office. When the project is complete and
ready for operation, the contractor will hand over the facility to Pro-creations
Corp. to pursue its business. This mode of entry into international market is an
example of _____. - ANSWER-A Turnkey Project
The North Symorian Trade Confederate (NSTC) was established to promote
regional economic integration within six countries belonging to the same
subcontinent. This free trade area has imposed common external policies on
nonparticipants. In this case, NSTC is a _____. - ANSWER-customs union
In the context of real options, which of the following is a disadvantage of entering
into alliances? - ANSWER-Firms are most likely to choose the wrong partners.
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, Formal institutions influence alliances and acquisitions by: - ANSWER-requiring
firms to conform to the entry mode requirements.
Ink Struck Inc., a publishing company, wants to expand its market worldwide. In
this case, which of the following will be a challenge faced by Ink Struck Inc. in
host countries? - ANSWER-Overcoming liability of foreignness due to its
nonnative status
Informal institutions affect the formation of alliances and acquisitions by: -
ANSWER-centering on collective norms, supported by a normative pillar.
To overcome cultural and institutional differences, it is more important to consider
strategic goals such as market and efficiency rather than culture and institutions. -
ANSWER-true
A _____ is an investment in real operations as opposed to financial capital. -
ANSWER-real option
Which of the following is a difference between the General Agreement on Tariffs
and Trade (GATT) and the World Trade Organization (WTO)? - ANSWER-The
GATT does not cover Intellectual Property (IP) protection, whereas the WTO
includes IP protection.
Which of the following approaches does not allow control over joint activities in
an alliance? - ANSWER-The contractual approach
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Answers 100% Pass
The European Union (EU) is now a political union. - ANSWER-False
It is economic.
Pro-creations Corp., a tool manufacturing company, has decided to expand its
business internationally. Consequently, the company has paid a contractor to
construct a manufacturing facility and an office. When the project is complete and
ready for operation, the contractor will hand over the facility to Pro-creations
Corp. to pursue its business. This mode of entry into international market is an
example of _____. - ANSWER-A Turnkey Project
The North Symorian Trade Confederate (NSTC) was established to promote
regional economic integration within six countries belonging to the same
subcontinent. This free trade area has imposed common external policies on
nonparticipants. In this case, NSTC is a _____. - ANSWER-customs union
In the context of real options, which of the following is a disadvantage of entering
into alliances? - ANSWER-Firms are most likely to choose the wrong partners.
COPYRIGHT 2025 ALL RIGHTS RESERVED, TRUSTED AND VERIFIED 1
, Formal institutions influence alliances and acquisitions by: - ANSWER-requiring
firms to conform to the entry mode requirements.
Ink Struck Inc., a publishing company, wants to expand its market worldwide. In
this case, which of the following will be a challenge faced by Ink Struck Inc. in
host countries? - ANSWER-Overcoming liability of foreignness due to its
nonnative status
Informal institutions affect the formation of alliances and acquisitions by: -
ANSWER-centering on collective norms, supported by a normative pillar.
To overcome cultural and institutional differences, it is more important to consider
strategic goals such as market and efficiency rather than culture and institutions. -
ANSWER-true
A _____ is an investment in real operations as opposed to financial capital. -
ANSWER-real option
Which of the following is a difference between the General Agreement on Tariffs
and Trade (GATT) and the World Trade Organization (WTO)? - ANSWER-The
GATT does not cover Intellectual Property (IP) protection, whereas the WTO
includes IP protection.
Which of the following approaches does not allow control over joint activities in
an alliance? - ANSWER-The contractual approach
COPYRIGHT 2025 ALL RIGHTS RESERVED, TRUSTED AND VERIFIED 2
