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BUSI 303 Quiz 4, (Latest Version 1 ), Verified And Correct Answers, Liberty Univ
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BUSI 303 Quiz 4, (Latest Version 1 ), Verified And Correct Answers, Liberty Univ
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BUSI 303 Quiz 4 Question 1
2 out of 2 points
The key factors that influence the entry mode selection include all
except?
Selected Answer: Production and labor costs
Question 2
2 out of 2 points
What are the two types of business entry modes available into a
market?
Selected Low intensity: No investment into the new market; high
Answer: intensity: Significant amounts of investment in the market
Question 3
2 out of 2 points
Which of the following is NOT a strategic capability to necessitate the
development of a global operations strategy?
Selected Answer: Competition on Quality and Price
Question 4
2 out of 2 points
Utilizing methods such as Just-In-Time, providing products and
, services in an efficient manne
Selected Answer: Inventory
Question 5
2 out of 2 points
The term logistics refers to the movement of finished products, semi-
finished products, components, and materials between various
locations.
Selected Answer: *True
Question 6
2 out of 2 points
If attacked in their home market by higher quality and lower prices, the
domestic firm can attack the overseas competitor’s home market?
Selected Answer: False
Question 7
2 out of 2 points
Calculations are made to maintain sufficient inventories for
predetermined supply chain system needs.
Selected Answer: Inventory optimization system
Question 8
2 out of 2 points
A primary characteristic of the globalization of markets is the advent of
the__________. The expectation of standardized goods and services
with a corresponding level of consistency in service, quality, and
performance across nations and regions signifies the trend towards
global commerce.
Selected Answer: Global Consumer
Question 9
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