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BUSA 4000 EXAM QUESTIONS WITH 100% CORRECT ANSWERS

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BUSA 4000 EXAM QUESTIONS WITH 100% CORRECT ANSWERS According to the market potential indicators index, ____ is an indicator of market size. - Answer- Urban population and electricity consumption In order to estimate industry market potential, managers most likely require _____. - Answer- marke...

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  • November 8, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • BUSA 4000
  • BUSA 4000
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BUSA 4000 EXAM QUESTIONS WITH
100% CORRECT ANSWERS

According to the market potential indicators index, ____ is an indicator of market size. -
Answer- Urban population and electricity consumption

In order to estimate industry market potential, managers most likely require _____. -
Answer- market size and growth rates specific to the industry

Advances in communications and transportation technology have changed the
internationalization tendencies of firms by ___. - Answer- reducing the risk and difficulty
of doing business in markets with unfamiliar cultures

When using the process of gradual elimination to screen potential country markets, a
researcher should first, ________. - Answer- obtain general information on macro-level
indicators like population

When a firm allows others to use an entire business system in exchange for
compensation, the arrangement is known as ________. - Answer- Franchising

Which of he following is an advantage of exporting - Answer- It increases overall sales
volume, improves market share, and reduces per-unit costs of manufacturing and can
potentially generate profit margins that are often more favorable than in the domestic
market.

Which of the following is an example of market-seeking motive for FDI? - Answer- a firm
follows its key customers abroad

The strategic view of global sourcing suggests that ___. - Answer- Just a firms archive
gains in efficiency, productive, quality, and revenues by leveraging offshore talent, they
also obtain the means to turn around failing businesses, speed up innovation,
restructure operations, and fund otherwise-unaffordable development projects.

Information technology has increased the success and growth of international
franchising operations by ___. - Answer- improving communication between MNE
managers and their franchisees

If a computer contains a microprocessor from Costa Rica and a hard disk drive from the
Philippines, the computer manufacturer, who is based in Texas and operates across

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