MARKETING 2018
19th Edition
ISBN: 9780357033753
Author: Pride
Publisher: CENGAGE L
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Is it common for manufacturers to develop exclusive arrangements with resellers in your country? Are there problems with such arrangements, and are they legal?
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- After you hand your passport to the immigration officer in country X, he misplaces it. A small "donation" would certainly help him find it again. Should you give him the money? is this a business expense to be charged to your company?arrow_forwardLicensing and exporting can be considered relatively low-risk methods of entering foreign markets.;True or Falsearrow_forwardDiscuss how the COVID-19 has turned out to be a business risk in international environment and explain how it is likely to have affected international business contracts. Take care to use MNCs for your examples and illustrations.arrow_forward
- ._______ A complete halt to trading with a particular nation or in a particular productarrow_forwardWhich of the following payment types offers payment protection to both exporters and importers, as the importer’s bank writes a guarantee of payment? a. A commercial letter of credit b. Payment in advance c. A syndicate d. A banker’s acceptancearrow_forward18. Choose one example of a Foreign Market Entry Mode and explain how you understand that particular mode of entry into a foreign market works.arrow_forward
- What are the advantages of a letter of credit to an exporter?arrow_forwardexplain what is wrong with the following statement: "trade is self-eliminating. Opening up trade opportunities drives prices and costs into equality between countries. But once prices and costs are equalized, there is no longer any reason to trade the product from one country to another, and trade stopsarrow_forward
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