Bilateral trade Study guides, Class notes & Summaries
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International Marketing – Lectures || with 100% Correct Answers.
- Exam (elaborations) • 14 pages • 2024
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Why is international marketing important? correct answers Creates opportunities for: 
1. COUNTRIES 
- economic advantage - growth of consumption, higher spending on economy, expansion of economy 
- economic multiplier - creates jobs, builds on existing capabilities. 
2. FIRMS 
- opportunities for expansion, growth of profitability and revenues 
- larger market access, economies of scale 
- take advantage of differing wants and needs with increased economies of scope 
3. PEOPLE 
- creates jobs, b...
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BUAD 331 Final Modules Questions & Answers(RATED A)
- Exam (elaborations) • 12 pages • 2024
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Why might a company consider expanding its supply chain internationally? 
A. To obtain access to lower-cost suppliers 
B. To take advantage of a skilled labor base in another country 
C. To support international expansion of sales 
D. To fend off competition from an international competitor 
E. All of the above - ANSWERE. All of the above 
 
What dimension of the country assessment framework involves the strength of supply chain support businesses in the region?A.Competency 
B.Economy 
C.Politic...
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BUAD 331 Final Exam Questions and Answers
- Exam (elaborations) • 24 pages • 2024
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Why might a company consider expanding its supply chain internationally? 
1) To obtain access to lower-cost suppliers 
2) To take advantage of a skilled labor base in another country 
3) To support international expansion of sales 
4) To fend off competition from an international competitor 
5) All of the above - Answer-all of the above 
What is the biggest cause of difficulties in working with another culture? 
1) Language differences 
2) Different ways of making decisions and approaching busin...
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BUAD 331 Final Exam Questions & Answers 100% Correct
- Exam (elaborations) • 17 pages • 2024
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Why might a company consider expanding its supply chain internationally? 
 
1) To obtain access to lower-cost suppliers 
2) To take advantage of a skilled labor base in another country 
3) To support international expansion of sales 
4) To fend off competition from an international competitor 
5) All of the above - ANSWERall of the above 
 
What is the biggest cause of difficulties in working with another culture? 
 
1) Language differences 
2) Different ways of making decisions and approaching ...
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BUAD 331 Final Modules Exam Questions and Answers 2024 Correctly done
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
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- $6.69
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Why might a company consider expanding its supply chain internationally? 
A. To obtain access to lower-cost suppliers 
B. To take advantage of a skilled labor base in another country 
C. To support international expansion of sales 
D. To fend off competition from an international competitor 
E. All of the above - Answer-E. All of the above 
What dimension of the country assessment framework involves the strength of supply chain support 
businesses in the region?A.Competency 
B.Economy 
C.Politic...
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WGU Global Business D080
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WGU Global Business D080 
Cost 
Economies of scale and scope. Exploiting cost of factors of production 
 
 
Competition 
New Markets and increased levels of trade 
 
 
Government 
Favorable policies and support for industry 
 
 
Subsidies 
A sum of money granted by the government to assist an industry or business 
 
 
Patents 
Protects inventions and improvements to existing inventions for a limited period of time in exchange for detailed public disclosure of those inventions 
 
 
Copyrights 
A ...
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BUAD 331 Final Exam Questions With Verified Answers
- Exam (elaborations) • 22 pages • 2024
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BUAD 331 Final Exam Questions With 
Verified Answers 
Why might a company consider expanding its supply chain internationally? 
1) To obtain access to lower-cost suppliers 
2) To take advantage of a skilled labor base in another country 
3) To support international expansion of sales 
4) To fend off competition from an international competitor 
5) All of the above - answerall of the above 
What is the biggest cause of difficulties in working with another culture? 
1) Language differences 
2) Dif...
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BUAD 331 Final Exam Questions and Answers Latest Update Graded A+
- Exam (elaborations) • 11 pages • 2024
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BUAD 331 Final Exam Questions and 
Answers Latest Update Graded A+ 
 
Why might a company consider expanding its supply chain internationally? All of the above 
(To obtain access to lower-cost suppliers 
To take advantage of a skilled labor base in another country 
To support international expansion of sales 
To fend off competition from an international competitor) 
 
What is the biggest cause of difficulties in working with another culture? Different ways of 
making decisions and approaching b...
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BUAD 331 Exam #4 question n answers graded A+
- Exam (elaborations) • 7 pages • 2024
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BUAD 331 Exam #4Why might a company consider expanding its supply chain internationally? - correct answer To obtain access to lower-cost suppliers 
To take advantage of a skilled labor base in another country 
To support international expansion of sales 
To fend off competition from an international competitor 
 
What is the biggest cause of difficulties in working with another culture? - correct answer Different ways of making decisions and approaching business 
 
Which supply chain strategy is...
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Edexcel A-level Economics Theme 4 questions and answers.
- Exam (elaborations) • 31 pages • 2023
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Globalisation 
Increased interdependence between countries and the rapid rate of change it brings about 
 
 
 
Factors contributing to globalisation (5) 
Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) 
 
Improvements in IT and communication (Allows global operations) 
 
Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) 
 
International financial markets (Raising money and transferring it globally) 
 
TNCs (Low p...
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