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BONDING PROJECT
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Questions in this quiz (35)
1Foreign trade means [blank_start]trading[blank_end] of goods and [blank_start]services[blank_end] that are [blank_start]destined[blank_end] for a country other than their country of [blank_start]origin.[blank_end]
- Atrading
- Bdestined
- Cservices
- Dorigin.
2Foreign trade is all about imports and exports.
- ATrue
- BFalse
3Mexico's exports represent 3.5% of world exports, its ranking in world exports is 10.
- ATrue
- BFalse
4What ranking in world imports is Mexico?
- A10
- B12
5Are The Customs regimes
- AFinal, Temporary, In-bond deposit, Transit of goods, Manufacturing, conversion or repair in customs-enabled precinct. and Strategic customs-enabled precinct.
- BEMC, ETC, Franchising, Licensing, Contract Manufacturing, Piggyback Marketing and Remarketer
- CMarket Strategy, imports, exports
6A marketing strategy refers to a business's overall [blank_start]game plan[blank_end] for reaching prospective consumers and turning them into customers of the [blank_start]products[blank_end] or [blank_start]services[blank_end] the business provides, is divided in [blank_start]Direct and Indirect[blank_end]
- Agame plan
- Bservices
- Cproducts
- Dmarketing
- Emanufacturing
- FDirect and Indirect
- GOff and on
7involves an organization selling goods directly to a customer in an international market
- ADirect exporting
- BIndirect exporting
8"A lack of exporting skills and experience leading to expensive errors." Is an advantage of Direct Exporting
- ATrue
- BFalse
9Indirect exporting is the [blank_start]cheapest[blank_end] entry strategy available to an organization.
- Acheapest
- Bmost expensive
10•The main disadvantage is that the control of activities overseas transfers to the intermediary organization.
•Organizations interested in expanding into a target market will not gain valuable knowledge about how that market functions.
•It is also impossible for organizations to establish after-sales service or value-added activities.
Are...- AAdvantages of Indirect Exporting
- BDisadvantages of Indirect Exporting
- CDisadvantages of Direct Exporting
- DAdvantages of Direct Exporting
11Select the Advantages of Direct Exporting
- AIt is flexible and exporting activities can cease immediately if required.
- BIts greatest advantage is that the intermediary organizations handle all the exporting activities.
- CCan withdraw from the market relatively cheaply and easily, if needed.
- DCan obtain in-depth information about trade in the target market, enabling it to make future decisions about whether to invest in facilities in the market.
12[blank_start]Market Entry Strategy for Direct Export[blank_end] is divided in Off – shore arrangement On – shore arrangement
- AMarket Entry Strategy for Direct Export
13EMC, ETC, franchises and licenses are branches of the market entry strategy for indirect export
- ATrue
- BFalse
14Drag the correct option for each circle
- AContract manufacturer
- BHiring firm
- CDesign/Formula
- DCM contract
15EMC help manufacturers find overseas buyers and provide them with other pertinent market information.
- ATrue
- BFalse
16Indirect exports TYPES OF LICENSES:
a) [blank_start]Patent Licensing[blank_end]
b) [blank_start]Trademark licensing[blank_end]
c) [blank_start]Copyright Licensing[blank_end]
d) [blank_start]Trade Secret Licensing[blank_end]- APatent Licensing
- BTrademark licensing
- CCopyright Licensing
- DTrade Secret Licensing
17[blank_start]Piggyback marketing[blank_end] is an arrangement in which one firm distributes a second firm's product or service.
- APiggyback marketing
18[blank_start]Foreign direct investment[blank_end] is defined as a company from one country making a physical investment into building a factory or other in another country.
- AForeign direct investment
19Foreign investment may participate in the capital stock of Mexican companies in any proportion, acquire fixed assets, enter new fields of economic activity or manufacture new product lines, open and operate establishments, and expand or relocate those already in existence.
- ATrue
- BFalse
20It can provides a Foreign firm with….
- ANew markets, marketing channels, cheaper production, technologies and stability
- Bnew markets, marketing channels, cheaper production, to new technology, products, skills and financing.
- Csame markets, new products, cheap production, technologies and sponsorships
21What is the purpose of the Mexican foreign investment law?
- AIt is of public order and of general observance throughout the world.
- Bis the establishment of rules to channel foreign investment into the country and ensure that such investment contributes to national development.
- Cits purpose is to know the structures of the other countries to have agreements and relationships outside the country
22Operations related to foreign [blank_start]direct investment[blank_end]
• Free trade agreements with investment chapter
• Bilateral investment treaties
• Agreements to avoid double taxes- Adirect investment
- Bindirect investment
23Drag the correct option for each circle
- AForeign investor
- BInvestment Service Company
- CNational Stock Market
24The Multinational Enterprise (MNE) enters a foreign country to produce the same products product at home.
- AVertical FDI
- BHorizontal FDI
25The MNE produces products not manufactured at home.
- AConglomerate FDI
- BInflows of FDI
26The Ministry of Finance is responsible for negotiating these types of agreements.
- ATrue
- BFalse
27Means trading of goods and services that are destined for a country other than their country of origin.
- AInternational finance
- BForeign trade
28[blank_start]BITs[blank_end] are Internacional agreements with regard to FDI which on reciprocity basis, are designed to promote and legally protect the flow of capital for the productive sector.
- ABITs
- BAgreements to Avoid Double Taxation
- CFree Trade Agreements
29Mexico has signed [blank_start]33[blank_end] Bilateral Investment Treaties
- A33
- B32
- C31
- D27
30[blank_start]Franchising[blank_end] is the practice of using another firm´s successful business model.
- AFranchising
31Are one pros and one cons of a franchisor...
- Aa scalable business model
- BEasier to start because the reputation and business model.
- CThe rigid and controlled business processes which are needed for a franchise model make the business less adaptable to a changing world.
- DBound by strict business processes and other control imposed by the franchisor.
32Are one pros and one cons of a franchise...
- AThe rigid and controlled business processes which are needed for a franchise model make the business less adaptable to a changing world.
- Ba scalable business model
- CEasier to start because the reputation and business model.
- DBound by strict business processes and other control imposed by the franchisor.
33Management, Investment and retail are types of franchises.
- ATrue
- BFalse
34This are 3 Basic Elements of Franchise Agreement
- ADuration of the franchise agreement, Initial and continuing fees, Initial and ongoing training and support
- BSingle Operator Franchises, Investment, Business to Business
- Cunit model, Intellectual property rights, Compliance with relevant laws:
35A [blank_start]master franchisee[blank_end] will be able to control a group of franchises in a designated country, state or region and will usually have [blank_start]similar rights[blank_end] as a [blank_start]franchisor[blank_end] to establish market potential, recruit local franchisees and provide the [blank_start]training and support[blank_end] for their area.
- Amaster franchisee
- Bsimilar rights
- Cfranchisor
- Dtraining and support
Information
- Description
- Quiz on BONDING PROJECT, created by Grecia Sapien on 19/10/2020.
- Author
- Grecia Sapien
- Language
- Español
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