34/Th advan e advantages frequently associated with entering a market early are

Question

34/Th advan e advantages frequently associated with entering a market early are known as "first mover tages", the disadvantages are known as "first-mover disadvantages". T/F 35/ The term "switch trading" refers to the direct exchange of goods and/or services between two parties without a cash transaction. T/F 36/ The single most important deciding factor of where to locate a foreign manufacturing facility is: labor cost. T/F 37/ The "minimum efficient scale" of output is reached when the level of output of a specific factory has exhausted any further scale economies. T/F 38/ If the "minimum efficient scale" of a single plant exceeds global demand, one should not open a second plant. T/F 39/ Electronic Data Interchange (EDID is the most critical method today to coordinate the flow of materials from suppliers, to manufacturing, etc. all the way to the customers.TF 40/ Because different countries exhibit different patterns of purchasing behavior, adjust their Marketing Mix from country to country. firms often T/F 41/ After all the rhetoric by candidate Trump wanting to create tariffs on imports from Mexico and China, president Trump is turning on Canada and their protection of their dairy farmers against imports of milk from the USA, causing the first "trade action" by the Trump presidency T/F T/F 42/ A short distribution channel is typically associated with a higher cost. 43/ The main argument against "globally standardized advertising" is that cultural differences between nations are such that what works in one nation can fail miserably in another. T/F T/F 44/ An inpatriate is an expatriate who has returned to the "home" country. 45/ Failure rates of Japanese expatriates are much higher than European or US expatriates. T 46/ Organized labor has less influence with a multinational company than with a strictly T/F domestic company. 47/ Japanese multinational companies often object to work practices enforced by local unionsT/F important provider of capital. 9/International accounting norms are converging under the rules set by the FASB. TF 48/ Germany is one of the countries where the national government has historically been an T/F

Explanation / Answer

34) True                                                  

35) False

Because it is called as ‘barter’.

36) False

Because ‘Labor’ cost is not as important, compared to location factor, technological factor & production factor.

37) True

38) False. If single plant exceeds global demand, firms normally open a second plant.

39) True

40) True

41) True

42) False

43) True. It’s true due to cultural differences.

44) False.

Inpatriate is a person who has been sent from a foreign subsidiary to company’s HQ on a permanent or temporary basis.

Related Questions

Navigate

• Browse (All)
• Browse 3
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.