ibus ch13 - 1 Marks: 2 Franchising is most common in...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Marks: 2 Franchising is most common in manufacturing industries, whereas licensing is primarily used in service industries. Answer: Incorrect Marks for this submission: 0/2.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 Marks: 2 Scenario: Sanjeer's HomeCare Products Sanjeer Sengupta, owner of Sanjeer's HomeCare Products, is considering going international. He feels the products he manufactures will be well received, especially in developing countries. He wants to understand the exporting process and then consider the degree to which he wants to be involved.Which of these would take ownership of merchandise when it enters their country? Answer: a. Sales representatives b. Agents c. Distributors d. All of these Incorrect Marks for this submission: 0/2. 3 Marks: 2 When one company designs, constructs, and tests a production facility for a client, the agreement is called a ________. Answer: a. turnkey project b. licensing agreement c. joint venture d. franchising agreement Incorrect Marks for this submission: 0/2.
Background image of page 2
4 Marks: 2 A freight forwarder is a specialist in export- related activities such as customs clearing, tariff schedules, and shipping and insurance fees. Answer: a. True b. False Incorrect Marks for this submission: 0/2. 5 Marks: 2 The sale of goods and services to a country by a company that promises to make a future purchase of a specific product from that country
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 9

ibus ch13 - 1 Marks: 2 Franchising is most common in...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online