GMS 522 FINAL EXAM 2025-2026 WITH 100%
VERIFIED SOLUTIONS!!
C) The core mission of the WTO is to facilitate international trade and investment -
ANSWER>>What is the core mission of the WTO?
A) To enforce tariffs
B) To keep oil prices stable
C) To facilitate international trade and investment
D) To broker agricultural products between companies
C) Ownership, Location and Internalization factors - ANSWER>>According to
Dunning's OLI Framework a firm's foreign investment decisions are driven by:
A) Ownership, Internationalization and Legal factors
B) Overseas, Internalization and Location factors
C) Ownership, Location and Internalization factors
D) Ownership, Language and Internalization factors
A) Secondary screening - ANSWER>>At what stage in the country selection process
does the firm consider its own resources, capabilities and sources of competitive
advantage?
A) Secondary screening
B) Final country selection
C) Micro segmentation
D) Macro segmentation
D) Aggressive management intent on building a global operation - ANSWER>>Which of
the following is considered to be a proactive motive to internationalize?
A) Entry of a foreign competitor in the firm's home market
,B) Domestically saturated markets
C) Key products reaching the maturity phase of the product life cycle
D) Aggressive management intent on building a global operation
C) Mode of entry - ANSWER>>The term ________________ refers to institutional
arrangements used by firms to enter foreign markets.
A) Mode of transportation
B) First mover advantage
C) Mode of entry
D) Firm specific advantage
D) Experiential knowledge - ANSWER>>According to the Uppsala model a firm's
__________________ is the major driver of its pattern of internationalization.
A) Specific advantage
B) Resource commitment
C) Technological capability
D) Experiential knowledge
C) Indirect exporting - ANSWER>>With _______________ the firm transacts with an
intermediary based in its own home country. This intermediary in turn takes
responsibility for exporting the product to one or more foreign countries.
A) Direct exporting
B) Inverse exporting
C) Indirect exporting
D) Regulated exporting
, B) False - ANSWER>>Entry modes may be classified by their risk/reward profile. In this
context hierarchical modes represent a sharing of the risks and rewards between two
or more firms. True/False?
A) True
B) False
D) Licensing - ANSWER>>Under this type of agreement, one firm permits another to
use its intellectual property (e.g. trademarks, copyrights or patents) in exchange for
royalty compensation. What is this type of agreement called?
A) Foreign direct investment
B) Indirect exporting
C) M &A
D) Licensing
Solutions - foreign direct investment ANSWER>>Which form of entry, assumes the
largest risk and offer the greatest possible return?
A) Indirect exporting
B) Licensing
C) Franchising
D) foreign direct investment
E) direct exporting
A) Naïve - ANSWER>>Some firms use the same entry mode each time they enter a new
foreign market. Such firms are said to be using the _________________ rule when
selecting an entry mode.
A) Naïve
B) Pragmatic
VERIFIED SOLUTIONS!!
C) The core mission of the WTO is to facilitate international trade and investment -
ANSWER>>What is the core mission of the WTO?
A) To enforce tariffs
B) To keep oil prices stable
C) To facilitate international trade and investment
D) To broker agricultural products between companies
C) Ownership, Location and Internalization factors - ANSWER>>According to
Dunning's OLI Framework a firm's foreign investment decisions are driven by:
A) Ownership, Internationalization and Legal factors
B) Overseas, Internalization and Location factors
C) Ownership, Location and Internalization factors
D) Ownership, Language and Internalization factors
A) Secondary screening - ANSWER>>At what stage in the country selection process
does the firm consider its own resources, capabilities and sources of competitive
advantage?
A) Secondary screening
B) Final country selection
C) Micro segmentation
D) Macro segmentation
D) Aggressive management intent on building a global operation - ANSWER>>Which of
the following is considered to be a proactive motive to internationalize?
A) Entry of a foreign competitor in the firm's home market
,B) Domestically saturated markets
C) Key products reaching the maturity phase of the product life cycle
D) Aggressive management intent on building a global operation
C) Mode of entry - ANSWER>>The term ________________ refers to institutional
arrangements used by firms to enter foreign markets.
A) Mode of transportation
B) First mover advantage
C) Mode of entry
D) Firm specific advantage
D) Experiential knowledge - ANSWER>>According to the Uppsala model a firm's
__________________ is the major driver of its pattern of internationalization.
A) Specific advantage
B) Resource commitment
C) Technological capability
D) Experiential knowledge
C) Indirect exporting - ANSWER>>With _______________ the firm transacts with an
intermediary based in its own home country. This intermediary in turn takes
responsibility for exporting the product to one or more foreign countries.
A) Direct exporting
B) Inverse exporting
C) Indirect exporting
D) Regulated exporting
, B) False - ANSWER>>Entry modes may be classified by their risk/reward profile. In this
context hierarchical modes represent a sharing of the risks and rewards between two
or more firms. True/False?
A) True
B) False
D) Licensing - ANSWER>>Under this type of agreement, one firm permits another to
use its intellectual property (e.g. trademarks, copyrights or patents) in exchange for
royalty compensation. What is this type of agreement called?
A) Foreign direct investment
B) Indirect exporting
C) M &A
D) Licensing
Solutions - foreign direct investment ANSWER>>Which form of entry, assumes the
largest risk and offer the greatest possible return?
A) Indirect exporting
B) Licensing
C) Franchising
D) foreign direct investment
E) direct exporting
A) Naïve - ANSWER>>Some firms use the same entry mode each time they enter a new
foreign market. Such firms are said to be using the _________________ rule when
selecting an entry mode.
A) Naïve
B) Pragmatic
