8/16/24, 5:20 PM Assessment 1: Attempt review
MNB3702-24-S2 Welcome Message Assessment 1
QUIZ
Started on Friday, 16 August 2024, 5:00 PM
State Finished
Completed on Friday, 16 August 2024, 5:19 PM
Time taken 18 mins 55 secs
Marks 50.00/50.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
______________ refers to an agreement between two parties to use one party’s entire business concept for a royalty fee.
a. Turkey projects
b. Licensing
c. Franchising
d. Subcontracting
The correct answer is: Franchising
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=21022827&cmid=999262&showall=1 1/24
,8/16/24, 5:20 PM Assessment 1: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Which of the following activities does not constitute an international business activity?
a. A hospital offering specialized medical treatment to customers from anywhere on the world
b. A university educating fee-paying students normally resident abroad
c. None of the above activities
d. A tour operator to offer foreign language guided tours advertised on the internet
Your answer is correct.
The correct answer is:
None of the above activities
Question 3
Correct
Mark 1.00 out of 1.00
Organisations with a market-seeking motive look at the __________ of a market when making a location decision.
a. Quality and costs
b. Size and growth potential
c. Costs and Productivity
d. None of the above
The correct answer is: Size and growth potential
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=21022827&cmid=999262&showall=1 2/24
, 8/16/24, 5:20 PM Assessment 1: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
Open economies with low trade barriers allow foreign entrants to challenge local firms and thus indirectly encourage firms to
pursue their opportunities abroad. This is an example of _________________.
a. None of the above
b. General Institutional Environment
c. Institutional distance
d. Cultural distance
The correct answer is: General Institutional Environment
Question 5
Correct
Mark 1.00 out of 1.00
_______________ refers to an agreement in which Firm A gives Firm B the right to use Firm A’s proprietary technology (such as
a patent) or trademark (such as a corporate logo) for a royalty fee paid to A by B.
a. Franchising
b. Licensing
c. Subcontracting
d. Turnkey project
The correct answer is: Licensing
Question 6
Correct
Mark 1.00 out of 1.00
Which of the following are the disadvantages of the first(early) movers?
a. Opportunity to free-ride on first-mover investments
b. Resolution of technological and market uncertainty
c. All the above
d. First mover’s difficulty to adapt to market changes
The correct answer is: All the above
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=21022827&cmid=999262&showall=1 3/24
MNB3702-24-S2 Welcome Message Assessment 1
QUIZ
Started on Friday, 16 August 2024, 5:00 PM
State Finished
Completed on Friday, 16 August 2024, 5:19 PM
Time taken 18 mins 55 secs
Marks 50.00/50.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
______________ refers to an agreement between two parties to use one party’s entire business concept for a royalty fee.
a. Turkey projects
b. Licensing
c. Franchising
d. Subcontracting
The correct answer is: Franchising
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=21022827&cmid=999262&showall=1 1/24
,8/16/24, 5:20 PM Assessment 1: Attempt review
Question 2
Correct
Mark 1.00 out of 1.00
Which of the following activities does not constitute an international business activity?
a. A hospital offering specialized medical treatment to customers from anywhere on the world
b. A university educating fee-paying students normally resident abroad
c. None of the above activities
d. A tour operator to offer foreign language guided tours advertised on the internet
Your answer is correct.
The correct answer is:
None of the above activities
Question 3
Correct
Mark 1.00 out of 1.00
Organisations with a market-seeking motive look at the __________ of a market when making a location decision.
a. Quality and costs
b. Size and growth potential
c. Costs and Productivity
d. None of the above
The correct answer is: Size and growth potential
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=21022827&cmid=999262&showall=1 2/24
, 8/16/24, 5:20 PM Assessment 1: Attempt review
Question 4
Correct
Mark 1.00 out of 1.00
Open economies with low trade barriers allow foreign entrants to challenge local firms and thus indirectly encourage firms to
pursue their opportunities abroad. This is an example of _________________.
a. None of the above
b. General Institutional Environment
c. Institutional distance
d. Cultural distance
The correct answer is: General Institutional Environment
Question 5
Correct
Mark 1.00 out of 1.00
_______________ refers to an agreement in which Firm A gives Firm B the right to use Firm A’s proprietary technology (such as
a patent) or trademark (such as a corporate logo) for a royalty fee paid to A by B.
a. Franchising
b. Licensing
c. Subcontracting
d. Turnkey project
The correct answer is: Licensing
Question 6
Correct
Mark 1.00 out of 1.00
Which of the following are the disadvantages of the first(early) movers?
a. Opportunity to free-ride on first-mover investments
b. Resolution of technological and market uncertainty
c. All the above
d. First mover’s difficulty to adapt to market changes
The correct answer is: All the above
https://mymodules.dtls.unisa.ac.za/mod/quiz/review.php?attempt=21022827&cmid=999262&showall=1 3/24
