Question 61) ________ is the practice wherein an organization gives a

61) ________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or product specifications in return for a fee usually based on sales.

A) Global sourcing

B) Exporting

C) Subsidizing

D) Licensing

62) Adam has been hired by an organization that has a partnership with a foreign company. Both the partners share resources and knowledge while developing new products. Adam’s organization has formed a ________.

A) licensing company

B) franchising company

C) strategic alliance

D) foreign subsidiary

63) A(n) ________ is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.

A) equity strategic alliance

B) joint venture

C) global venture

D) nonequity strategic alliance

64) Joint ventures are a type of ________.

A) licensee

B) franchisee

C) foreign subsidiary

D) strategic alliance

65) A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country constitute a ________.

A) franchising agreement

B) joint venture

C) foreign subsidiary

D) brokering agreement

66) Which of the following is a method that companies might adopt in order to increase their direct foreign investment?

A) exporting

B) global sourcing

C) strategic alliances

D) licensees

67) Which of the following arrangements involves the greatest commitment of resources and poses the greatest amount of risk?

A) exporting

B) franchising

C) foreign subsidiary

D) global sourcing

68) A ________ economy is one in which resources are primarily owned and controlled by the private sector.

A) free market

B) planned

C) command

D) technocratic

69) Geert Hofstede’s research found that countries varied on ________ dimensions of national culture.

A) eleven

B) five

C) seven

D) nine

70) ________ is a cultural dimension in which people expect others in their group to look after them and protect them.

A) Low uncertainty avoidance

B) Achievment

C) Collectivism

D) High power distance

71) A country with ________ is comfortable with risks and is tolerant towards different behavior and opinions.

A) low uncertainty avoidance

B) short-term orientation

C) low power distance

D) performance orientation

72) A country that is assertive, believes in acquiring money and goods, and is competitive in nature is said to ________.

A) be a collectivist

B) have a high power distance

C) be achievement oriented

D) have a long-term orientation

73) A country where people look to the future and value thrift and persistence is said to ________.

A) have an individualistic attitude

B) have a long-term orientation

C) be nurturing

D) be achievement oriented

74) Christopher, who is based in the U.S. has been offered a chance to work in Thailand. He finds that in this society people are expected tolook after others in their family (or organization) and protect them when they are in trouble. This society tends to support ________.

A) collectivism

B) parochialism

C) individualism

D) monotheism

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.