eluminh0903
which of the following is not an argument that supports making…

which of the following is not an argument that supports making components in-house?

 

The company wants to protect proprietary technology involved in making components

The company wants to have the flexibility of switching suppliers as circumstances dictate

The company is more efficient at manufacturing a component than any other enterprise

The company wants to build dynamic capabilities by leveraging knowledge and experience from making these components

 

 

Several companies have ceased operations in Russia given the current context with Ukraine. Yum! brands, Restaurant Brands International Inc and Mcdonald’s are examples. Montreal-based footwear retailer The Aldo Group Inc. has stopped shipping products to its Russian franchisees or providing any marketing or other financial support to them as the company wants to send the message that they do not want to conduct business in Russia given its invasion of Ukraine. However, while the franchisees have ceased e-commerce operations, Aldo’s seven stores in Russia remain open and able to sell as long as they have stock. This situation exemplifies:

 

The ease with which companies can effectively modify their strategies in foreign markets

The franchisee’s lack of control with franchising as a mode of entry in foreign markets

The efficiency of the franchisees in Russia

The franchisor’s lack of control with franchising as a mode of entry in foreign markets

 

 

 

First Quantum, a Vancouver based miner, operates mines in several countries. Following a missed deadline to sign a new agreement with one of its mines located in a central American country, the government of that country prevented First Quantum from sending copper out of the country and forced it to halt the processing of ore. First Quantum’s mine in this country represent about 5% of the country’s GDP and employ approx. 40,000 people there. Following several months of negotiation, the dispute has ended. What is the Central American country involved and what was the object of the dispute?

 

Panama, tax

Nicaragua, non tariff trade barriers

Honduras, tariffs

El Salvador, local content requirements

 

 

 

Zhang Yong is an expatriate working in the Philippines. As an expatriate, he receives an extra pay incentive for working outside his country. This extra pay incentive is called a(n)_______

 

base salary.

travel allowance.

emergency allowance.

foreign service premium.

 

 

Which of the following describes the concept of intellectual property?

 

Designs and names, often officially registered, by which merchants or manufacturers designate and differentiate their products.

Exclusive legal rights of authors, composers, playwrights, artists, and publishers to publish and dispose of their work as they see fit.

Property, such as computer software, screenplays, musical scores, or chemical formulas for new drugs, that is the product of intellectual activity.

Document giving the inventor of a new product or process exclusive rights to the manufacturer, use, or sales of that invention.

 

 

SNC-Lavallin, a Canadian firm, is one of the largest engineering firms in the world. Their expertise is in turnkey projects. Turnkey projects are most common in the following industries:

 

lumber, furniture, paper, and pulp

automobile, pulp and paper, metal mining, and oilfield production

cars, trucks, construction equipment, and farm implements

chemical, pharmaceutical, petroleum refining, and metal refining

 

You are the marketing manager of a food products company that is considering entering the Indian market. The retail system in India tends to be very fragmented. Also, retailers and wholesalers tend to have long-term ties with South Korean food companies, which make access to distribution channels difficult. What distribution strategy would you advise the company to pursue?

:

Retail distributors

Wholesalers or import agents

Exclusive channel

Direct to consumers (direct selling)

 

 

If Magna, a Canadian firm, produce components for electric vehicles in Ontario, Canada, and ships these components to Germany to be included in a German electric car, that is an example of:

 

foreign direct investment

cross-border investing

exporting

licensing