MGT 302 CHAPTER 15 QUIZ | 100% CORRECT

MGT 302 CHAPTER 15 QUIZ 1. A firm that enters into a joint venture with another company reserves the right to keep control of its own technology. 2. Which of the following is an advantage of turnkey contracts? 3. A firm can rapidly build its presence in the target foreign market through acquisitions. 4. In a turnkey project, the contractor agrees to handle every detail of the project for a foreign client. 5. Access to local partner’s knowledge and shared development costs and risks are advantages of which foreign market entry mode? 6. Which of the following is a pioneering cost? 7. Which of the following is considered a first-mover advantage? 8. To increase the probability of selecting a good partner for forming a strategic alliance, a firm should 9. Risks of fixed costs of a business are more for an alliance than an independent firm. 10. Which of the following is a disadvantage of establishing a greenfield venture?