MNC Questions and Answers
Liability
3rd party is affected by joint ventures, all parties involved in the joint venture are equally liable
Rights of a Joint Venturer
-Equal control, influence and power over the project or transaction. Contract can give one party complete contract, equal ow...
MNC Questions and Answers
Liability - answer 3rd party is affected by joint ventures, all parties involved in the
joint venture are equally liable
Rights of a Joint Venturer - answer -Equal control, influence and power over the
project or transaction. Contract can give one party complete contract, equal ownership
of product
Multinational corporation - answer Has facilities and other assets in at least one
country other than its home. Such companies have offices and or factories in different
countries and usually have a a centralized head office where they coordinate global
management. Very large MNC's have budgets that exceed those of many small
countries
Exchange rates - answer The value of ones country's currency in relation to another
currency
Global financial markets - answer Debt and equity markets throughout the world
where money is raised to finance business and governmental projects. The worldwide
marketplace in which buyers and sellers trade financial assets, such as stock, bonds,
currencies, commodities, & derivatives, across national borders
Central banking policy - answer Actions of the federal reserve or central bank of a
country. Set monetary and fiscal policy. Manages a states currency, money supply, and
interest rates. Usually oversee the commercial banking system of their respective
countries
What does a licensor gain? - answer Royalty or profits
International trade policy - answer A gov policy governing economic transactions
(exchange of capital, goods & services) across international borders. In many countries
may make up large part of gdp. Includes taxes imposed on imports, exports, inspection
regulations, tariffs and quotas
Balance of payments - answer The difference between the amount of money the
government pays to other countries and amount it receive from them. Helps economists
and analysts understand the strength of a country's economy in comparison to others
Turn-Key Operation - answer A company buys and sells a business another country,
sells to local client. Ex: Houses, Factories, Storefronts, Churches
Strategic Alliance - answer Partnerships in which two or more companies work
together to achieve objectives.
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