21-40

20問 • 1年前

問題一覧

A company has developed a new, innovative product. If it is quick to enter a new market, it will have the ability to preempt rivals and capture demand by establishing a strong brand name and customer satisfaction . In other words, this company will have captured

ﬁrst-mover advantages.

For companies that have not previously exported products, an can help new exporters handle all aspects of exporting and operate as the ﬁrm’s agent and distribution

export management company

Procter & Gamble is a mul7na7onal enterprise (MNE), which is a ﬁrm that

owns business operations in more than one country.

FDI occurs when a ﬁrm

invests directly in facilities to produce a product in a foreign country

In which way can the source country’s balance of payments beneﬁt from FDI made in a foreign country?

from the inward ﬂow of foreign earnings

Which situation arises when a country is importing more goods and services than it is exporting?

trade deficit

eliminates trade barriers between member nations, adopts a common external policy, and permits factors of production to move freely between member countries but it also requires a common currency, harmonisation of members’ tax rates, and a common monetary and ﬁscal policy.

An economic union

Hofstede’s dimension of Confucian work dynamism

captures aitudes toward 7me, persistence, ordering by status, saving face, respect for tradition, and reciprocation of gijs and favours.

The two most common methods of restricting inward FDI are ownership restraints and

performance requirements

Why do ﬁrms pursuing global standardisation or transnational strategies tend to prefer establishing wholly owned subsidiaries?

It allows ﬁrms to use the proﬁts generated in one market to improve its competitive position in another market.

In theory, WTO rules should ensure that a free trade agreement

does not result in trade diversion.

Many ﬁrms, of all national origins, increasingly depend on for their competitive advantage

globally dispersed production systems

According to the theory, one drawback of licensing is that it may result in a ﬁrm giving away valuable technological know-how to a potential foreign competitor

internalization theory

Why is the European Council said to be the ultimate controlling authority within the EU?

Draft legislation from the commission can become EU law only if the council agrees.

Which factor is likely to make a country a more attractive location for international business?

market-based economies

Which scenario is an example of ethnocentrism?

An American manager criticises the cultural practices of Saudi Arabia, when he is sent there on business, because it diﬀers from his own cultural norms.

In countries where the value of identification is considered to be primary, managers and workers are discouraged from moving from company to company.

group

According to the product life-cycle theory, the high cost of U.S. labor gave U.S. ﬁrms an incentive to

develop cost-saving process innovations .

Which theory suggests that ﬁrst-mover advantages are signiﬁcant in the export of a good?

New trade theory

The economic freedom associated with a creates greater incen7ves for innovation and entrepreneurship than either a planned or a mixed economy.

market economy

Work Design

ユーザ名非公開 · 13問 · 1年前

Work Design