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Which of the following is a popular way to enter into international service markets?

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Question;Which of the following is a popular way to enter into international service markets?Direct exportsForeign direct investmentsFranchisingIndirect exports1 pointsQUESTION 2When internationalizing, entrepreneurs are advised to be:TimidBoldCompulsiveInflexible1 pointsQUESTION 3____ is defined as a combination of innovative, proactive, and risk-seeking behavior that crosses national borders and is intended to create wealth in organizations.Foreign direct investmentInternational entrepreneurshipInternational alliance partneringMicrofinancing1 pointsQUESTION 4Small- and medium-sized enterprises (SMEs) account for ____ percent of the number of firms worldwide.509512801 pointsQUESTION 5____ is at the heart of entrepreneurship.VisionLeadershipInnovationFinancing1 pointsQUESTION 6Which is a major reason for China looking more towards informal financing?Microfinancing is a widespread effort.There is a lack of formal institutions such as venture capitalists.The Chinese government outlaws formal financing.Family relationships are valued highly, so investors turn towards them first.1 pointsQUESTION 7A major drawback for foreign direct investment (FDI) is:CostControlPhysical closenessCommitment1 pointsQUESTION 8The key differentiator between rapidly and slowly internationalizing SMEs is:The amount and speed of foreign direct investment.The international experience of entrepreneurs.The ability to apply new technology.Formal institutions and government regulation.1 pointsQUESTION 9Which of the following would most likely foster more entrepreneurship?Individualistic and high uncertainty-avoidanceCollectivistic and high uncertainty-avoidanceCollectivistic and low uncertainty-avoidanceIndividualistic and low uncertainty-avoidance1 pointsQUESTION 10Which of the following is NOT a defining characteristic of entrepreneurship?OpportunityDiscoveryExplorationAge1 pointsQUESTION 11Which of the following is NOT a part of VRIO?ValueResourcesLimitabilityOrganization1 pointsQUESTION 12____ perform an important "middleman" function by linking sellers and buyers overseas.Export intermediariesIndirect exportersSporadic exportersAlliance partners1 pointsQUESTION 13The term for a global movement to help eradicate poverty by providing financing is:Foreign direct investmentsMicrofinancingVenture capital investmentEntrepreneurship1 pointsQUESTION 14All of the following are resources and capabilities of start-up ventures EXCEPT:Strong visionEntrepreneurial driveLeadershipLongstanding presence1 pointsQUESTION 15Which is not one of the four major characteristics associated with a growing entrepreneurial firm?GrowthFinancingInimitableInternationalization1 pointsQUESTION 16"Born global" is a term referring to:Establishing large firms with major international networksEntrepreneurial firms that attempt to internationalize from inceptionThe newest generation of entrepreneursFirms that focus on domestic issues first, then cautiously approach international opportunities.1 pointsQUESTION 17Which of the following is NOT one of the 5 strategies for entrepreneurial SMEs to internationalize without leaving their home country?Become suppliers for foreign firmsExport indirectlyOutsource administrative workHarvest and exit through sell-offs1 pointsQUESTION 18____ is the method of sending out exports based on unsolicited inquiries.Direct exportingA letter of creditSME exportingSporadic exporting1 pointsQUESTION 19Small- and medium-sized enterprises (SMEs) are defined as:Firms with fewer than 50 departments in the European Union and fewer than 25 departments in the United StatesFirms with fewer than 50 departments in the United States and fewer than 25 departments in the European UnionFirms with fewer than 500 employees in the European Union and fewer than 250 employees in the United StatesFirms with fewer than 500 employees in the United States and fewer than 250 employees in the European Union1 pointsQUESTION 20Which is NOT one of the three broad modes for entering foreign markets?Licensing/franchisingDirect exportsMicrofinancingForeign direct investment

 

Paper#51965 | Written in 18-Jul-2015

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