21. Companies ‘first’ enter foreign markets by ___________ to test out markets and because it requires limited investments.
Group of answer choices
forming overseas sales companies.
establishing subsidiaries.
forming joint ventures.
exporting.
22.
As discussed in class, leaders using emotional intelligence to lead 21stcentury organizations include:
Group of answer choices
Indra Noogy and Howard Schultz.
Percy Bernevick and Brown Boveri.
Michael Dell and Steve Jobs
23.
A global mindset involves:
Group of answer choices
acceptance and understanding of diversity, cultural differences and capitalizing on differences to gain a competitive in the market.
foreign experience and a competency of foreign languages.
a good fundamental knowledge of geography.
24.
Market screening is divided into:
Group of answer choices
environmental and country screening.
country and segment screening.
Region and segment screening.
25.
Selection of foreign markets involves marketing screening of _____________ forces.
Group of answer choices
all answers are correct.
sociocultural
political and legal
economic.
26.
In many cases, firms entering foreign/international markets become followers primarily because:
Group of answer choices
barriers are too high for entrants.
quicker competition enters and captures the domestic market.
governmental laws are too strict.
27.
McDonalds employs a multidomestic competitive strategy in India; therefore, the IHRM staffing practice the company should follow must be:
Group of answer choices
Ethnocentric.
Geocentric.
Polycentric.
Regiocentric.
28. Companies wishing to export must first choose between:
Group of answer choices
exporting indirectly and licensing.
exporting directly and joint ventures.
direct and indirect exporting
using joint ventures and establishing subsidiaries.
29.
According to our class discussion, this company was a pioneer in the first generation cell phone industry:
Group of answer choices
Motorola
Nokia
Samsumg
Apple
30.
Non-equity-based entry modes in foreign nations include:
Group of answer choices
building a foreign manufacturing. company
all of the above.
licensing & exporting.
joing venture.
