Liberty BUSI 303 Chapter 13 Learnsmart Assignment Answers Complete Solutions
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Mallory believes her company’s newest technology product will be quickly imitated by others. When a company’s competitive advantage is based on control of proprietary technological know-how, that company should AVOID a(n) arraignment as it might lead to losing control of the technology.
Among other things, being first typically enables a company to establish and before other entrants to the market arrive.
Hotel SeenAll has developments around the globe. Customers expect the same experience in every hotel and that has been a problem. Quality control is a significant disadvantage of .
A company that gains entry into a foreign market through has total control over the products or services manufactured or sold.
might be one disadvantage on acquisitions.
What are two problems with a large scale entry strategy?
One important advantage of a wholly owned subsidiary is
What are two reasons a firm would choose NOT to enter a new market on a large scale?
When a company enters a market early, it faces possible costs.
Which three statements are true about franchising?
In a licensing deal, the licensor receives payment in the form of from the license.
costs arise when the foreign business system is so different from that in the home market that the firm must devote considerable time, effort and expense to learning the rules of the game.
A company that enters a country where there are no existing competitors may have to rely on a(n) as the only mode of entry.
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In order to make sure that a foreign enterprise has organizational customs and behaviors that are NOT antagonistic to an acquiring enterprise, it is vital that the acquiring enterprise screen the
An international business can create value when bringing products to another country; however, this depends on the attractiveness of the product being offered and
As an early entrant into the German market, Jason’s company made several significant mistakes. Jason underestimated the liability that the company would face as a foreign firm. This is an example of
Considering its competitive advantage, McDonald’s prefers to enter foreign markets via
Prior to purchasing a foreign company, it is imperative that the potential buyer screens the financial position and management culture of the foreign company and obtains a detailed audit of operations. These are all vital steps in the strategy.
When considering the basic decisions a firm must make, when a firm decides to enter a foreign market it must determine the market to enter, the timing of entrance, and
What three basic decisions must firms evaluate when considering foreign expansion?
As the pressure to reduce costs increases, a firm will focus on location and experience curve economies. These firms would MOST LIKELY consider franchising and joint ventures entry modes.
Company ABC is unwilling to commit the necessary capital to construct a facility in Malaysia because they do not feel comfortable with the country. However, they have determined that they want to enter that market. One option for the company might be a
Something of worth that cannot be touched or held, such as a formula, is considered to be property.