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Market Screening - Firm is able to identify desirable markets Country screening (Ex. Brazil) First screen (Basic needs potential) - Influenced by climate, geography, natural resources. Some needs easy to assess(Industrial goods) while others are harder (Desire for chocolate). Data incudes Import...

What is *market screening*? - A modified version of environmental scanning in which the firm identifies desirable markets by eliminating the less desirable ones. What is the *Basic Needs Potential*? - A modified version of environmental scanning in which the firm identifies desirable markets by e...

No, laws and legislations are different in every country - In general, is it fair to assume that laws in foreign countries are the same or different than the U.S? Arbitration - the use of a third party to settle a dispute ( not going to court). Litigation - legal proceedings conducted to determin...

In general, it is fair to assume that laws in foreign countries are the same of different than in the US? - no The three types of legal systems - o Civil Law = based on codification. Systematic collection of laws designed to cover all areas of concern. Bureaucratic. Most widespread system globall...

Firms operating across borders must deal with the forces of three kinds of environments. These environments include all of the following except: A. domestic B. local C. foreign D. international E. none of the above - Answer-B All of the following are major drivers leading firms to internation...

Globalization of markets - Answer-refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization - Answer-technology offers products/services worldwide, communication find...

In general, is it fair to assume that laws in foreign countries are the same or different than in the US? A. the laws of different countries are based on entirely different legal systems B. every country has the same laws C. what's legal in one country is legal in another country D. all of the ...

________ is the transportation of any domestic good or service to a destination outside a country or region. A. exporting B. importing C. f.o.b. shipping D. foreign exchange - A ___________ is the transportation of any good or service into a country or region, from a foreign origination point...

Approximate number of Florida companies exporting - 61,000 Florida's rank as "exporting state" based on number of exporters - Second highest in the United States, behind California 1 out of 5 U.S. companies that export are located in Florida Number of jobs supported by International Trade in ...

____________ is a collective programming of the mind that distinguishes the members of one group or category of people from another - Answer-Culture ____________ viewed precious metals like gold and silver as the only source of wealth, and their accumulation as essential to a nation's welfare - ...

Developed economies - A classification for high-income industrialized nations, which have high living standards and the most technically developed infrastructure Developing economies - A classification for the world's lower-income nations, which have less technically developed infrastructures an...

As economies move toward greater privatization, there is a greater likelihood of facing the phenomenon that Japan faced due to the stock market collapse. Privatization transfers assets _____. - Answer-from state to private owners Deflation occurs when consumers expect prices to _____. - Answer-be...

_______ competition is the market situation in which there is a sufficiently large number of wellinformed buyers and sellers of a homogeneous product such that no individual participant has enough power to determine the price of the product. - Perfect A nation can attempt to regain competitiveness...

% of Florida exporters that are small and medium sized enterprises - Answer-95% 2013 largest markets for american exports - Answer-about 1/2 went to other nations in North America Acculturation - Answer-the process of adjusting and adapting to a culture other than one's own; commonly experienced...