Matching
Match the term with its definition. Some terms may not be used.
Premises:
A strategy that involves accessing foreign labor through contracts with independent providers
The unauthorized use of a company's intellectual property or manufacture of its products
Insights gained from experience that lead to improved work performance
Allowing a company in another country to purchase the rights to manufacture and sell a company's products in international markets
The expansion of international business
An agreement issued by a bank to honor a draft or other demand for payment when specified conditions are met
The company selling licensing rights
The potential for political forces in a country to negatively affect the performance of businesses operating within its borders
Per-unit savings gained from repeated production of the same product
Selling products produced inthe home country to customers in another country
Selling a standard package of products, systems, and management services to a company in another country
A wholly owned subsidiary formed from scratch in another country
A document indicating that a product has been shipped and the title to that product has been transferred
A trip organized to help small business owners meet withpotential foreigh buyers and establish strategic alliances in an international market
Fees paid by the licensee to the licensor for each unit produced under a licensing contract
The purchase by a business in one country of a company located in another country
Efficiencies that result from expansion of production
The company buying licensing rights
An agency that distributes a company's products on a contract basis to customers in another country
Selling products produced in another country to buyers in the home country
A strategy that involved relocating operations abroad
A combination of efforts and/or assets of companies in different countries for the sake of pooling resources and sharing risks
The probability that a country's government will mismanage its economy in ways that hinder the performance of firms operating there
The value of one country's currency relative to that of another country
Small companies launched with cross-border business activities in mind
Responses:
Licensor
Economies of scale
Globalization
Exporting
Importing
Born-global firms
Political risk
Experience curve efficiencies
Foreign licensing
Counterfeit activity
Trade intermediary
Letter of credit
Bill of lading
Greenfield venture
Learning effects
Offshoring
Royalties
Economic risk
International outsourcing
Trade mission
Licensee
Exchange rate
International franchising
International strategic alliance
Cross-border acquisition
Correct Answer:
Premises:
Responses:
A strategy that involves accessing foreign labor through contracts with independent providers
The unauthorized use of a company's intellectual property or manufacture of its products
Insights gained from experience that lead to improved work performance
Allowing a company in another country to purchase the rights to manufacture and sell a company's products in international markets
The expansion of international business
An agreement issued by a bank to honor a draft or other demand for payment when specified conditions are met
The company selling licensing rights
The potential for political forces in a country to negatively affect the performance of businesses operating within its borders
Per-unit savings gained from repeated production of the same product
Selling products produced inthe home country to customers in another country
Selling a standard package of products, systems, and management services to a company in another country
A wholly owned subsidiary formed from scratch in another country
A document indicating that a product has been shipped and the title to that product has been transferred
A trip organized to help small business owners meet withpotential foreigh buyers and establish strategic alliances in an international market
Fees paid by the licensee to the licensor for each unit produced under a licensing contract
The purchase by a business in one country of a company located in another country
Efficiencies that result from expansion of production
The company buying licensing rights
An agency that distributes a company's products on a contract basis to customers in another country
Selling products produced in another country to buyers in the home country
A strategy that involved relocating operations abroad
A combination of efforts and/or assets of companies in different countries for the sake of pooling resources and sharing risks
The probability that a country's government will mismanage its economy in ways that hinder the performance of firms operating there
The value of one country's currency relative to that of another country
Small companies launched with cross-border business activities in mind
Premises:
A strategy that involves accessing foreign labor through contracts with independent providers
The unauthorized use of a company's intellectual property or manufacture of its products
Insights gained from experience that lead to improved work performance
Allowing a company in another country to purchase the rights to manufacture and sell a company's products in international markets
The expansion of international business
An agreement issued by a bank to honor a draft or other demand for payment when specified conditions are met
The company selling licensing rights
The potential for political forces in a country to negatively affect the performance of businesses operating within its borders
Per-unit savings gained from repeated production of the same product
Selling products produced inthe home country to customers in another country
Selling a standard package of products, systems, and management services to a company in another country
A wholly owned subsidiary formed from scratch in another country
A document indicating that a product has been shipped and the title to that product has been transferred
A trip organized to help small business owners meet withpotential foreigh buyers and establish strategic alliances in an international market
Fees paid by the licensee to the licensor for each unit produced under a licensing contract
The purchase by a business in one country of a company located in another country
Efficiencies that result from expansion of production
The company buying licensing rights
An agency that distributes a company's products on a contract basis to customers in another country
Selling products produced in another country to buyers in the home country
A strategy that involved relocating operations abroad
A combination of efforts and/or assets of companies in different countries for the sake of pooling resources and sharing risks
The probability that a country's government will mismanage its economy in ways that hinder the performance of firms operating there
The value of one country's currency relative to that of another country
Small companies launched with cross-border business activities in mind
Responses:
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