STUFF AND THINGS

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royalty
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Fee paid periodically
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Captive Sourcing
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refer to sourcing from the firm’s own production facilities
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franchising
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When a firm allows others to use an entire business system, the arrangement is called
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outsourcing
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The PROCUREMENT of selective value added actives production of intermediate goods of finished products is known as what
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manufacturing of parts
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is of the lowest importance of a firm for strategic assets
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Volkswagen logo
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which of the following is an example of intellectual property
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contract manufacturing
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arrange of the focal firm
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intellectual property
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allows inventors MONOPOLIES advantage for a period of time
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offshoring
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the relocation of the business process to a foreign country
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positioning
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refers to a marketing strategy where a firm DEVELOPS
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provided by the licensor in a licensing agreement
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combination of intellectual property and technical assistance
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first task in financial managing
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decide on the capital structure
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in a licensing agreement the licensee provides
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combination of down payment and royalty
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the likelihood of internalizing ____ rather than outsourcing is high
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R&D
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an advantage of licensing
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require very little capital investment
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in a system franchising agreement the franchisor provides
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the production and marketing methods
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global sourcing becomes a CATALYST to increase firms competitive advantages by
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freeing up expensive things to spend more time on high value adding activities
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to minimize the complexity of franchising focal firms must
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conduct advance research on country laws and intellectual property
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One strategy for minimizing global sourcing
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SCREEN/MONITOR potential suppliers and their activities
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management contract
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is an arrangement is when contractual supply in a managerial know how to operate cost a HOTEL airport to exchange for compensation
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an expatriate
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an employee who is assigned to live and work in a foreign country for an extended period
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the mix of long term equity financing and dept financing is known as
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capital structure
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completing a foreign assignment and returning home
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repatriation
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which measure will a progression firm take to make female equalities
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have female executives serve as role models for espiring women
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the problem of end user price reaching ex levels causes
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international price escalation
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international human resource management
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required to demonstrate greater involvement in employees personal lives
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capital budgeting is intended to
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help determine best return (poss. hedging)
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consolidation
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process of combing integrating of foreign expenditures from the parent firm
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gray marketers are
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unauthorized intermediaries
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Cultural intelligence
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refers to employees ability to function effectively from different backgrounds or connects
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All of the following refer to key task of international human management except for
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evaluated internal practices and audits
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The sale of corporate bonds to individual or institution to raise capital is known as
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debt financing
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Multi-lateral netting
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is the strategic REDUCTION of cash transfers
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Inadequate cultural skills
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tends to worsen cultural shock
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Areas studying refer to
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factual historical and political knowledge
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In international business marketing is concerned with
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identifying and measuring customers’ needs abroad
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When using equity financing firms run the risk of
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diluting the firms ownership
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The global capital market in result to illiquid to tradable securities
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securitization
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recruitment
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refers to searching for potential candidates to helps firm’s needs
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firms prefer hcm (host country nation) when
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host country environment is complex
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Business activities most likely to be offshored are characterized by
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routine tasks that don’t relate to the firms primary
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funding obtained sources inside a firm is known as
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INTRAcorporate financing
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market segmentation
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is the process of dividing firms entire based into clusters
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a global brand can best be defined as
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brand position advertising strategy are standardized worldwide
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all the following refer to external factors that impact international pricing except
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cost of manufacturing
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turn key
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an arrangement in which the focal firm or a consortium of firms plans, finances, organization, managers, and implements all phases of a project abroad then hands it over to a foreign customer after TRAINING LOCAL WORKERS
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global supply chain
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is the firms integrated network of sourcing, production, and distribution, on a world-wide scale and located in countries where competitive advantage can be MAXIMIZED.
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Market value of a brand
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Brand Equity
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Richard Johnson, an American citizen, is a senior manager in a telecom company based in the USA. He is currently posted in and works on a short term assignment from the company’s subsidiary in Africa. Richard is a
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parent country national
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Transaction exposure
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currency risk that firms face when outstanding accounts receivable or accounts payable are denominated in foreign currencies.

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