ANS A company searching for a location where there is an abundance or oil.
7. Which entrant is able to erect significant barriers for other entrants?
ANS First mover
8. Direct exports have which advantage?
ANS Capitalization of economies of scale in production in the home country.
9. What are examples of equity modes of entry? Choose three.
ANS Strategic Al- liances
Greenfields Acquisitions
10. One view of globalization claims that human civilization has always had some type
of globalization. Which view is it?
ANS The long-run historical view
11. The benefit attributed to firms that enter a market before other firms in the same
market segment is best described by which term?
ANS First-moved advantage
12. What is opportunity cost?
ANS The lost potential from pursuing one activity at the expense of another activity, given the
alternatives.
13. What is one of the OLI advantages outlined by John Dunning for why firms become
2/
2 of 10 8/20/2024, 1:27
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TIPSCORE. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
