Refer to wataniya mobile wataniya mobile has spent

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109. Refer to Wataniya Mobile. Wataniya Mobile has spent $100 million on infrastructure so far and will spend another $700 million over the next ten years. This is an example of which method of entering the global marketplace? a. exporting b. licensing c. contract manufacturing d. direct investment e. complete ANS: D Direct foreign investment is active ownership of a foreign company or of overseas manufacturing or marketing facilities, which is what Wataniya Mobile is doing. PTS: 1 REF: 65 OBJ: 05-2 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model International Perspective | TB&E Model Strategy NAR: Wataniya Mobile 110. Refer to Wataniya Mobile. Israel’s control of licensing and the limitation on the amount of bandwidth allotted to Wataniya Mobile is part of which environment? PTS: 1 REF: 59 OBJ: 05-3 TYPE: App TOP: AACSB Reflective Thinking | TB&E Model International Perspective | TB&E Model Strategy NAR: Wataniya Mobile 111. Refer to Wataniya Mobile. The need for greater bandwidth to be able to provide 3G mobile capabilit- ies is part of which environment? PTS: 1 REF: 58 OBJ: 05-4 TYPE: App TOP: AACSB Technology | TB&E Model International Perspective | TB&E Model Online/Computer NAR: Wataniya Mobile ESSAY 1. Why is developing a global vision important for firms in the United States? ANS:
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Foreign competition is found in almost every industry. In fact, the United States has lost market share to imported products in many industries. U.S. managers must develop a global vision not only to re- cognize and react to international marketing opportunities, but also to remain competitive at home. Of- ten a U.S. firm's toughest domestic competition comes from foreign companies. A global vision also enables managers to understand that customer and distribution networks operate worldwide. Adopting a global vision can be lucrative for a company, and in some industries a global vision is a business im- perative. PTS: 1 REF: 53 OBJ: 05-1 TOP: AACSB Communication | TB&E Model Strategy 2. What is a multinational corporation (MNC)? Discuss two MNCs you are familiar with. ANS: A company that is heavily engaged in international trade is called a multinational corporation (MNC). This type of firm moves resources, goods, services, and skills across national boundaries without re- gard to the country in which the headquarters is located. Most multinational corporations are enorm- ous. Examples include ExxonMobil, General Motors, Hewlett-Packard, ABB, BASF, Xerox, Dow Chemical, Procter & Gamble, Ford Motor, Wal-Mart, and AT&T. See Exhibit 4.1.
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