Match the term with its definition. Some terms may not be used.
A.
B. The purchase by a business in one country of a company located in another country
C. Selling products produced inthe home country to customers in another country
D. The expansion of international business
E. A wholly owned subsidiary formed from scratch in another country
F. Selling products produced in another country to buyers in the home country
G. A strategy that involved relocating operations abroad
H. An agency that distributes a company's products on a contract basis to customers in another country
I. A trip organized to help small business owners meet withpotential foreigh buyers and establish strategic alliances in an international market
A. Born-global firms
B. Cross-border acquisition
C. Exporting
D. Globalization
E. Greenfield venture
F. Importing
G. Offshoring
H. Trade intermediary
I. Trade mission
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The Sarbanes-Oxley Act of 2002 applies only to domestic public accounting firms that provide auditing services to "issuers."
Answer the following statement true (T) or false (F)
Which of the following is not one of the problems and risks of strategic alliances between domestic and foreign firms?
A. Overcoming language and cultural barriers and the sometimes extensive managerial time required for trust-building, communication, and coordination B. The trouble allies can have reaching mutually agreeable ways to deal with key issues C. Becoming overly dependent on another company for essential expertise and competitive capabilities D. Making it harder to pursue a multidomestic strategy as compared to a global strategy E. Suspicions about whether allies are being forthright in exchanging information and expertise
Your friend tells you he is working on setting up a business. He tells you he has a business partner who shares in all decision making, it has been fairly easy to set up, he will only be taxed once on company profits, and he has limited liability for the company. What kind of business has your friend most likely described?
(A) General partnership (B) Service cooperative (C) Limited liability partnership (D) Limited partnership
Defamatory statements include slander and libel.
Answer the following statement true (T) or false (F)