Which of the Following Is Not a Risk of Exporting?
Which of the following is NOT a risk of exporting?
A) Tariff barriers
B) Transportation costs
C) Location diseconomies
D) High manufacturing costs
E) Delegation of marketing activities to a local agent
Dietizza is a fast-food network that makes low-calorie pizzas. As the firm wishes to expand its operations in different locations, it has licensed a few entrepreneurs to open Dietizza outlets under the company's trademark. The entrepreneurs will take up the responsibility of costs, while Dietizza will assist them in running operations. The company will receive royalty payments and a percentage of profits from the entrepreneurs. Which of the following concepts is illustrated here?
C) Wholly owned subsidiary
D) Strategic alliance
E) Joint venture
Ford and Mazda have decided to enter into a strategic alliance and have agreed upon an appropriate alliance structure. The companies have decided to host a conference for management and employees to better understand the purpose and objectives of the alliance and allow employees of both companies to build interpersonal relationships which will build trust and facilitate harmonious relations between the two firms. Which of the following describes this alliance management technique?
A) Building relational capital
B) Awareness of cultural sensitivity
C) Creating learning symmetry
D) Securing competitive position
E) Establishing a cost-sharing partnership
What is meant by the term national competitive advantage, and what are the attributes of a nation that affect the global competitiveness of companies located within that nation?