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Lesson 7
  • Jemuel Bartolata

  • 問題数 21 • 1/30/2024

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    問題一覧

  • 1

    is a system of exchange in which goods and services are used as payment rather than money.

    countertrade

  • 2

    is investment into production in a country by a company located in another country

    foreign direct investment

  • 3

    enables organizations a low cost and localized strategy to expanding to international markets

    franchising

  • 4

    corporation registered in more than one country or has operations in more than one country.

    multinational corporation

  • 5

    corporation which both produces and sells goods or services in various countries.

    multinational corporation

  • 6

    is the relocation of business processes to lower cost foreign locations

    nearshoring

  • 7

    entails choosing services within a country.

    inshoring

  • 8

    refers to outsourcing arrangements when entire business functions are outsourced.

    business process outsourcing

  • 9

    is a company’s relocation of a business process from one country to another.

    offshoring

  • 10

    is business functions to developing foreign countries has become a popular way for companies to reduce cost.

    outsourcing

  • 11

    is a low-risk and relatively fast foreign market entry tactic.

    licensing

  • 12

    is a business agreement in which parties agree to develop a new entity and new assets by contributing equity.

    joint venture

  • 13

    is a manufacturer that enters into a contract with a firm to produce components or products for that firm.

    contract manufacturer

  • 14

    is the practice of shipping goods from the domestic country to a foreign country.

    exporting

  • 15

    is derived from the concept of shipping goods and services out of the port of a country.

    exporting

  • 16

    is derived from the concept of goods and services arriving into the port of a country.

    imports

  • 17

    refers to the overall process of managing how resources are acquired, stored, and transported to their final destination.

    logistics

  • 18

    is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount.

    letter of credit

  • 19

    independent private company that acts like an export department for several non-competing manufacturers and suppliers.

    export management company

  • 20

    four p's of marketing

    product, price, placement, promotion

  • 21

    13p's of framework

    1. Product 2. Price 3. Promotion 4. Place 5. Payment 6. Personal 7. Planning 8. Positioning 9. Paperwork 10. Practices 11. Partnership 12. Policies 13. Protection