NURS 6670 Final Exam Questions & Answers [Latest
2025]
Exporting and importing .....ANSWER..... often are the only
available choices for small and new firms wanting to go
international
wholly owned subsidiaries .....ANSWER..... is a foreign subsidiary
that is totally owned and controlled by an organization
mergers/acquisitions .....ANSWER..... The cross-border purchase
or exchange of equity involving two or more companies
alliance .....ANSWER..... any type of cooperative relationship
among two or more different firm
Joint venture (JV) .....ANSWER..... an agreement under which two
or more partners own or control a business
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license .....ANSWER..... an agreement that allows one party to use
an industrial property right in exchange for payment to the
owning party
franchise .....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 .....ANSWER..... a structural
arrangement that handles all international operations out of a
division created for this purpose
global product division .....ANSWER..... structural arrangement in
which domestic divisions are given worldwide responsibility for
product groups
global area division .....ANSWER..... a structure under which
global operations are organized on a geographic rather than a
product basis