WGU BUS 340
Western Governers University
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WGU BUS 340 MIDTERM 1 EXAM 2024 WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 6 pages • 2024
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WGU BUS 340 MIDTERM 1 EXAM 2024 WITH 100% CORRECT ANSWERS 
 
 
What are the four major categories of participants in international business? - correct answer -focal firm 
-distribution channel intermediary 
-facilitator 
-State-owned enterprise (SOE) 
 
What is a focal firm? - correct answer They initiate the IB transaction. They will create, design, and produce products or services to the supply chain that will then be distributed to customers worldwide 
Ex: Dell 
 
What is a distribution chann...
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