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See 8 3 forms for global business question 8 4 out of

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See 8-3: Forms for Global BusinessQuestion 84 out of 4 points_____ is selling domestically produced products to customers in foreign countries.Answers:SelectedAnswer:c.Exportinga.Entrepot tradeb.Importingc.Exportingd.Domestic trade
AnswerFeedback:Correct. Exporting is selling domestically produced productsto customers in foreign countries. It makes a company lessdependent on sales in its home market and provides a
greater degree of control over research, design, andproduction decisions. See 8-3: Forms for Global BusinessResponseFeedback:Correct. Exporting is selling domestically produced productsto customers in foreign countries. It makes a company lessdependent on sales in its home market and provides agreater degree of control over research, design, andproduction decisions. See 8-3: Forms for Global BusinessQuestion 94 out of 4 pointsGlobal new ventures are foreign offices, facilities, and manufacturing plants that are 100 percentowned by the parent company.Answers:
ResponseFeedback:Global new ventures are new companies that are foundedwith an active global strategy and have sales, employees,and financing in different countries. See 8-3: Forms forGlobal BusinessQuestion 104 out of 4 pointsJimland's government has severe restrictions toward the entry of foreign companies into thecountry. A foreign company interested in Jimland would have to purchase an existing company inorder to conduct its business there. Hence, companies can only enter Jimland through a _____.Answers:
AnswerFeedback:Correct. Companies can only enter Jimland through a directforeign investment. Direct foreign investment occurs when acompany builds a new business or buys an existing businessin a foreign country. See 8-1: Global Business, Trade Rules,and Trade AgreementsResponseFeedback:Correct. Companies can only enter Jimland through a directforeign investment. Direct foreign investment occurs when acompany builds a new business or buys an existing businessin a foreign country. See 8-1: Global Business, Trade Rules,
and Trade AgreementsQuestion 114 out of 4 pointsMetzen Corp., a U.S.-based clothing company, plans to open a branch in Japan by sending itsAmerican employees there. Before doing so, the company educates its employees about Japanwith the help of pictures, audiobooks, and video recordings to present real-world situations. In thecontext of preparing for an international assignment, when would this type of training be given toemployees?Answers:
AnswerFeedback:Correct. This type of training would be given to employeesduring cultural simulation. In cultural simulation, thecompany simulates real-world situations so that itsemployees can practice adapting to cultural differences.

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