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Question
A small-scale apparel manufacturer in Florida collaborates with several other similar firms and they form a separate company in India. None of the participants in this collaboration has previously had active operations in the Indian market. The newly created firm manufactures apparel suited to the tastes and preferences of the Indian customers. Identify the type of foreign market-entry approach depicted in this scenario.
A) a franchising agreement
B) a consortium
C) a licensing agreement
D) direct exporting
E) indirect exporting
Answer
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Related questions
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Give a brief description of the styles of negotiation of the Japanese, the Koreans, and the French.
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A) individualism
B) civility
C) frankness
D) hierarchy
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A) provide more promises and recommendations.
B) enforce more punishments and use more commands.
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Which method can be used to minimize the inevitable errors that crop up while exchanging information across language barriers?
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A) conversation over a long dinner
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C) conversation over a phone call
D) negotiation through e-mail
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An international business negotiator's primary job is collecting information with the goal of enhancing creativity. Which step may be taken during a meeting to ensure that the negotiator is able to do his job well?
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A) organization.
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What is the first step toward initiating efficient and effective international business negotiations?
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Spanish negotiators use a high percentage of commands, as demonstrated by which behavior?
A) extensive use of silent periods
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A) interrupt one another more frequently than any other group.
B) use the lowest percentage of self-disclosures.
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Which statement is true about the negotiation behavior of Korean negotiators?
A) They use more silent periods than any other group.
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What is the most common complaint heard from American managers in terms of the negotiation behavior of foreign clients?
A) the insistence on exchanging business cards to establish the rank of the negotiators
B) the overt emphasis laid on punctuality and the tendency to waste time
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Individual personalities and backgrounds are of no relevance at the international negotiation table.
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A) specific
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C) accrual
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