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

See 8-3: Forms for Global Business
 Question 8
4 out of 4 points
_____ is selling domestically produced products to customers in foreign countries.
Answers:
Selected
Answer:
c.
Exporting
a.
Entrepot trade
b.
Importing
c.
Exporting
d.
Domestic trade
Answer
Feedback:
Correct. Exporting is selling domestically produced products
to customers in foreign countries. It makes a company less
dependent on sales in its home market and provides a

greater degree of control over research, design, and
production decisions. See 8-3: Forms for Global Business
Response
Feedback:
Correct. Exporting is selling domestically produced products
to customers in foreign countries. It makes a company less
dependent on sales in its home market and provides a
greater degree of control over research, design, and
production decisions. See 8-3: Forms for Global Business
 Question 9
4 out of 4 points
Global new ventures are foreign offices, facilities, and manufacturing plants that are 100 percent
owned by the parent company.
Answers:
Response
Feedback:
Global new ventures are new companies that are founded
with an active global strategy and have sales, employees,
and financing in different countries. See 8-3: Forms for
Global Business
 Question 10
4 out of 4 points
Jimland's government has severe restrictions toward the entry of foreign companies into the
country. A foreign company interested in Jimland would have to purchase an existing company in
order to conduct its business there. Hence, companies can only enter Jimland through a _____.
Answers:
Answer
Feedback:
Correct. Companies can only enter Jimland through a direct
foreign investment. Direct foreign investment occurs when a
company builds a new business or buys an existing business
in a foreign country. See 8-1: Global Business, Trade Rules,
and Trade Agreements
Response
Feedback:
Correct. Companies can only enter Jimland through a direct
foreign investment. Direct foreign investment occurs when a
company builds a new business or buys an existing business
in a foreign country. See 8-1: Global Business, Trade Rules,

and Trade Agreements
 Question 11
4 out of 4 points
Metzen Corp., a U.S.-based clothing company, plans to open a branch in Japan by sending its
American employees there. Before doing so, the company educates its employees about Japan
with the help of pictures, audiobooks, and video recordings to present real-world situations. In the
context of preparing for an international assignment, when would this type of training be given to
employees?
Answers:
Answer
Feedback
:
Correct. This type of training would be given to employees
during cultural simulation. In cultural simulation, the
company simulates real-world situations so that its
employees can practice adapting to cultural differences.