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Exam 9: Country Market Analysis

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Question 1

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One of the first and most important decisions a firm contemplating foreign expansion must make is about:

A) resource-rich markets in which to enter.
B) taxation and other concessions.
C) timing and scale of entry.
D) sufficient staffing resources and availability.

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Question 2

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Promoting export performance in Australia is the domain of the Australian Trade Commission (Austrade).

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Question 3

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After a firm has identified the country market,the firm then must consider the timing and scale of entry.

The attractiveness of a country as a potential market depends on balancing the benefits,costs and risks associated with doing business in that country,and all of the following,except:

When undertaking a major analysis to determine which markets to enter,the textbook focus is on __________ overview.

Another key factor contributing to foreign direct investment is the rise in:

The Minnesota Mining and Manufacturing Co.(3M) built its export strategy around simple principles.One is known as:

The first stage of any analysis when deciding to enter a foreign market is examining the broader economic indicators to obtain an impression of the type of economy the firm is seeking to undertake business in,its economic potential and its ______.

Because of family connections and market familiarity,Australian wine producer Sirromet's first international market expansion was to:

It is a ______anager who may wait for an external trigger such as an unsolicited order to examine the viability of entering a foreign market.

The __________ firm that enters a foreign market on a small scale may limit its potential losses,but it may also miss the chance to capture first-mover advantages.

Measures and frameworks that could assist in identifying country markets,especially country competitive reports,are based on an indexing approach developed by:

What type of entry allows a firm to learn about a foreign market,while limiting the firm's exposure to that market?

A letter of credit is a document issued to an exporter by the carrier transporting the merchandise;it serves as a receipt,a contract and a document title.

The _________ entrant is more likely than the _______ entrant to be able to capture the first-mover advantages associated with demand pre-emption,scale economies and switching costs.

Which of the following is NOT a basic decision that a firm contemplating foreign expansion must make?

Which entry strategy is regarded as the first step in foreign direct investment (FDI) ?

A decision that has a long-term impact,and is difficult to reverse,is:

The attractiveness of a country as a potential market depends on balancing the benefits,costs and risks associated with doing business in that country,and also:

The advantages frequently associated with entering a market early are commonly known as: