which strategy for entering a foreign market has the highest degree of risk?
a. joint
venture
b.licensing
c. foreign acquisition
d. whally owned industry
which code of entry provides advantages to a multinational firm that can be transferred within the firm at very low cost?
a. indirect exports
b.licensing
c. ownership
d. externalization
which term describes currency derivatives to reduce potential transaction, translation and economic risks of currency movement that could lead to loses for a firm or investment?
a. an exchange position
b. hedging
c. speculating
d. a shot position
What advantages do corporation receives when operating in favorable areas within a given country?
b. labor specific
c. capital specific
d. Location specific
what is one of the core propositions underpinning an institution-bases view of global business?
a. apolitical system should establish control of the financial sector
b. government should provide tariff protection
c. managers and corporations make rational decisions within their formal and informal framework
d. investment in infrastructure provides a multiplier effect in developing economy
