One of the major objectives that motivates companies to engage in international
business is to:
A. reduce the risk of being exposed to a given market.
B. evade taxation in foreign markets.
C. engage in corporate social responsibility.
D. understand local businesses.
A. reduce the risk of being exposed to a given market - is correct
Firms engage in international trade to reduce the risk of operating in just one market.
One of the major objectives that motivates companies to engage in international business is to: A....
Companies engage in international business in order to: (Select all that apply) Become more dependent on suppliers in a particular market so there are less disruptions in production stoppages. Reduce the effects of market swings. Expand sales, acquire resources, or minimize competitive risks for defensive reasons. Seek products, services, resources and components that are inadequate domestically.
Which of the following is NOT a reason for a firm to engage in horizontal FDI? A) It may want to expand its business across international borders. B) It may want to avoid tariffs in its foreign markets. C) It may want to avoid tariffs in its home market. D) It may want to reduce its corporate taxes.
Competing in international markets allows multinational companies to 1) gain access to new customers, 2) achieve lower costs and enhance the firms competitiveness by more easily capturing scale economies or learning curve effects, 3) leverage core competencies refined domestically in additional country markets, 4) gain access to resources and capabilities located in foreign markets and, 5) spread business risk across a wider market base. The movement into international markets can also be a form of diversification for a business. Moving...
FROM AN INTERNATIONAL BUSINESS POINT OF VIEW, ANSWER THE FOLLOWING QUESTIONS TO THE BEST OF YOUR KNOWLEDGE Describe some key points of direct foreign aid. Explain what emerging markets can do to build on their successes. Explain why corporate social responsibility is important. Describe what happens to countries where graft becomes widespread. Explain whether corporations should be ethical in their global dealings, and who should define what is ethical for corporations when they conduct business with different cultures and societies.
International business IB210
An intermediary that engages in import and export of a variety of com products and services is called a a. Customs broker 2. b. Foreign distributor c. Franchise d. Joint venture partner e. Trading company Which of the following is NOT one of the four central risks in international business listed in your book? a. Commercial risk b. Countertrade risk c. Country risk d. Cross-cultural risk e. Currency risk 3. An intermediary that handles orders to buy...
Large companies may manage a number of very different businesses called _____. a. strategic business alliances b. business clusters c. strategic business units d. focus groups _____ is the process that turns a marketing plan into action assignments and ensures that these assignments are executed in a way that accomplishes the plan's objectives. a. Implementation b. Segmentation c. Promotion d. Diversification Implementing a marketing plan a. entails gauging the extent to which marketing objectives have been achieved during the specified...
INTERNATIONAL BUSINESS course short essay questions from Chapter 1-4: 1. Compare and contrast World Bank and IMF. 2. How much world trade is there and what benefits might a company have from the globalization of markets. 3. Explain globalization of production and its benefits. What type of management should a company study if it commits to globalization of production. 4. What are the two types of family group? Why does the family play an important role in affecting business activities? 5....
1 .Which concept represents the broadest view? Trade Surplus Globalization International Business 2 If you are able to produce 1 piece of fine furniture or 10 birdhouses using the same resources, and your competitor is able to produce 5 pieces of fine furniture or 10 birdhouses using the same resources, who has the comparative advantage? You Neither Your competitor in fine furniture 3 When conducting business in a market of comparative advantage, trading partners will realize: decreased demand for products....
Which of the following statements is a feature of the Foreign Corrupt Practices Act (FCPA)? A. It prohibits U.S. corporations from involvement in international business dealings. B. It prohibits U.S. corporations from making illegal payments to foreign governments. C. It cannot prosecute cases of bribery D. It offers significant advantages to U.S. businesses dealing in countries in which the use of illegal payments and bribes is acceptable. Which of the following is one of the four major components of the...
I need help with the following business economics questions. I am stuck on them and would really like some help. 55. Which of the following is NOT a social or cultural barrier to international trade? a. Language b. Religious attitudes c. Per-capita income d. Values 56. Which is the most widely spoken language in the world? a. Mandarin Chinese b. Spanish c. Arabic d. English 57. The _______________ forbids U.S. companies from bribing foreign officials, political candidates, or government representatives....