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Question
Capricorn Creative Inc., a U.S. based advertising firm, was the first in the advertising industry to identify the growth potential of Brazil and to make huge investments in it's economy. As a result, the firm was able to build brand loyalty and gain experience in that countrys business practices. In the language of business strategy, Capricorn Creative has typically benefited from:
A. a first-mover advantage.
B. forward integration.
C. unrelated differentiation.
D. lateral diversification.
E. technology transfer.
Answer
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Related questions
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Flexible manufacturing technologies enable companies to:
A. establish multiple manufacturing facilities in each major national market.
B. build large inventories.
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D. increase their work in progress.
E. produce customized products without a significant cost penalty.
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A. specialized asset
B. dynamic capability
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B. increase production efficiency.
C. increase production costs.
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Q:
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In recent years, the outsourcing decision in international businesses has gone beyond the manufacture of physical products to embrace the production of service activities.
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C. It allows the use of a specialized third-party trading house.
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Q:
The Foreign Credit Insurance Association (FCIA) is an association of private commercial institutions operating under the guidance of the _____.
A. Federal Mediation and Conciliation Service
B. U.S. Department of Commerce
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Q:
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A. contract
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When a time draft is presented to a drawee, he or she signifies acceptance of it by:
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B. paying the draft amount immediately.
C. providing a collateral for the amount specified in the bill.
D. writing or stamping a notice of acceptance on its face.
E. selling the draft to an investor at a discount from its face value.
Q:
Which of the following is an advantage of having a letter of credit?
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Q:
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B. The exporter pays the trusted third party (usually a bank) a fee for the service.
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E. The creditworthiness of the importer is irrelevant when issuing a letter of credit.
Q:
A lack of trust between two parties engaged in international trade is exacerbated by the:
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B. similar preferences of the parties regarding how a transaction should be configured.
C. narrowing distance between the two parties due to technological advances.
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E. possibility of doing business with someone with whom they have been associated for a long time.
Q:
Which of the following is a drawback of relying on an export management company (EMC)?
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Q:
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E. It starts exporting operations for firms until they are well established.
Q:
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C. The Federal Trade Commission
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E. The Bank of New York