MGT 6670 Final Exam 2026 Questions
and Answers
Exporting and importing - Correct answer-often are the only available choices for
small and new firms wanting to go international
wholly owned subsidiaries - Correct answer-is a foreign subsidiary that is totally
owned and controlled by an organization
mergers/acquisitions - Correct answer-The cross-border purchase or exchange of
equity involving two or more companies
alliance - Correct answer-any type of cooperative relationship among two or more
different firm
Joint venture (JV) - Correct answer-an agreement under which two or more
partners own or control a business
license - Correct answer-an agreement that allows one party to use an industrial
property right in exchange for payment to the owning party
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, franchise - Correct answer-a business arrangement under which one party (the
franchisor) allows another (the franchisee) to operate an enterprise using its
trademark, logo, product line, and methods of operation in return for a fee.
international division structure - Correct answer-a structural arrangement that
handles all international operations out of a division created for this purpose
global product division - Correct answer-structural arrangement in which domestic
divisions are given worldwide responsibility for product groups
global area division - Correct answer-a structure under which global operations are
organized on a geographic rather than a product basis
global functional division - Correct answer-a structure that organizes worldwide
operations primarily based on function and secondarily on product.
transnational network structure - Correct answer-a multinational structural
arrangement that combines elements of function, product, and geographic designs,
while relying on a network arrangement to link worldwide subsidiaries
Integrative techniques - Correct answer-techniques that help the overseas operation
become a part of the host country's infrastructure
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
and Answers
Exporting and importing - Correct answer-often are the only available choices for
small and new firms wanting to go international
wholly owned subsidiaries - Correct answer-is a foreign subsidiary that is totally
owned and controlled by an organization
mergers/acquisitions - Correct answer-The cross-border purchase or exchange of
equity involving two or more companies
alliance - Correct answer-any type of cooperative relationship among two or more
different firm
Joint venture (JV) - Correct answer-an agreement under which two or more
partners own or control a business
license - Correct answer-an agreement that allows one party to use an industrial
property right in exchange for payment to the owning party
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, franchise - Correct answer-a business arrangement under which one party (the
franchisor) allows another (the franchisee) to operate an enterprise using its
trademark, logo, product line, and methods of operation in return for a fee.
international division structure - Correct answer-a structural arrangement that
handles all international operations out of a division created for this purpose
global product division - Correct answer-structural arrangement in which domestic
divisions are given worldwide responsibility for product groups
global area division - Correct answer-a structure under which global operations are
organized on a geographic rather than a product basis
global functional division - Correct answer-a structure that organizes worldwide
operations primarily based on function and secondarily on product.
transnational network structure - Correct answer-a multinational structural
arrangement that combines elements of function, product, and geographic designs,
while relying on a network arrangement to link worldwide subsidiaries
Integrative techniques - Correct answer-techniques that help the overseas operation
become a part of the host country's infrastructure
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
