Showing 16-17 out of 38
Ch9.pdf-Pool Canvas Add, modify, and remove
Ch9.pdf-Pool Canvas Add, modify, and remove
Ch9.pdf-Pool Canvas Add, modify, an...
Ch9.pdf-Pool Canvas Add, modify, and remove
Page 16
Question 68
Multiple Choice
Modify
Remove
Question
The purchase of products from a foreign source is called
Answer
exporting.
dumping.
importing.
licensing.
venturing.
Add Question Here
Question 69
Multiple Choice
Modify
Remove
Question
When the American company Exxon purchases crude oil from Saudi Arabia, it is engaging in
Answer
licensing.
importing.
free trade.
exporting.
dumping.
Add Question Here
Question 70
Multiple Choice
Modify
Remove
Question
Henderson Synthetics' management believes that several of the firm's products could have
sizable markets in other countries. To maintain a low level of commitment with minimum
effort and cost, Henderson should engage in international marketing through
Answer
contract manufacturing.
exporting.
joint ventures.
licensing.
subsidiaries.
Add Question Here
Question 71
Multiple Choice
Modify
Remove
Question
The extent of Raytheon's participation in global business is selling the batteries it
manufactures to companies in Spain. In this case, Raytheon is a(n)
Answer
trading company.
importer.
exporter.
franchiser.
contract manufacturer.
Add Question Here
Question 72
Multiple Choice
Modify
Remove
Question
______ bring together buyers and sellers from different countries and collect a commission
for arranging sales.
Page 17
Answer
Export agents
Licensors
Trading companies
Import specialists
Trade brokers
Add Question Here
Question 73
Multiple Choice
Modify
Remove
Question
The role of export agents is to
Answer
bring buyers and sellers from different countries together and collect a
commission for arranging sales.
purchase products from different companies and sell them to foreign countries.
help a firm to make direct investments in foreign countries.
contact domestic firms about the opportunities available in exporting.
arrange for licensing agreements between domestic and foreign firms.
Add Question Here
Question 74
Multiple Choice
Modify
Remove
Question
How does using an exporting intermediary limit the risk involved with global marketing?
Answer
Most exporting intermediaries assume all financial risks on behalf of their
clients.
Exporting intermediaries are not subject to the same laws as companies, and
therefore limit the legal risk involved.
Using an exporting intermediary restricts a company to being involved with joint
ventures and not direct ownership.
Exporting intermediaries guarantee that the products a company is selling will
be a good fit for the foreign markets they are entering.
This approach involves limited risk because the company has no direct
investment in the foreign country.
Add Question Here
Question 75
Multiple Choice
Modify
Remove
Question
A company not involved in manufacturing that brings together buyers and sellers in different
countries is usually referred to as a
Answer
franchise.
contract manufacturer.
strategic intermediary.
trading company.
joint venture.
Add Question Here
Question 76
Multiple Choice
Modify
Remove
Question
A large farming cooperative that focuses on the production of fruits and vegetables uses a
business that sells the farmers' products in foreign countries and also provides consulting,
Ace your assessments! Get Better Grades
Browse thousands of Study Materials & Solutions from your Favorite Schools
University of Mississippi
University_of_Mississippi
School:
Marketing_Principles
Course:
Great resource for chem class. Had all the past labs and assignments
Leland P.
Santa Clara University
Introducing Study Plan
Using AI Tools to Help you understand and remember your course concepts better and faster than any other resource.
Find the best videos to learn every concept in that course from Youtube and Tiktok without searching.
Save All Relavent Videos & Materials and access anytime and anywhere
Prepare Smart and Guarantee better grades
Know more
Students also viewed documents
lab 18.docx
lab_18.docx
Course
Course
3
Module5QuizSTA2023.d...
Module5QuizSTA2023.docx.docx
Course
Course
10
Week 7 Test Math302....
Week_7_Test_Math302.docx.docx
Course
Course
30
Chapter 1 Assigment ...
Chapter_1_Assigment_Questions.docx.docx
Course
Course
5
Week 4 tests.docx.do...
Week_4_tests.docx.docx
Course
Course
23
Week 6 tests.docx.do...
Week_6_tests.docx.docx
Course
Course
106
