Show:
Exporting/Strategic Alliance/Francise
Mergers/Joint Ventures
License/Offshore
Sounds like...
Global Organization/MNC
100
___________is selling of goods/products overseas as a way to earn more profits
Exporting
100
How many companies exist after a merger
1
100
How is offshoring like in a relationship
Boarding school with a kid
100
Ecocentric
Ethocentric
100
True or false The product division is based on the individual country that you are in
False - Based on the product not country
200
2 companies pooling their __________ to set and meet specific goals with the hope to benefit both companies
resources
200
How many companies exist after a joint venture
3
200
Give an advantage of offshoring
lower production cost
200
Irrational incision
International Division
200
The corporate culture, operations, products are nearly identical as the home country. What type of MNC am I?
Ethnocentric
300
What is the difference between a franchisor and franchisee
Franchisor - giving up the name and procedures in return for a fee Franchisee - buying the right of the company to run the business
300
Relate economies of scale to a merger
2 companies joining together leading to larger production and being more efficient because you are producing more
300
Give 2 advantages of licensing
1. does not involve must investment 2. No manufacturing cost after initial investment 3. Low logistics 4. Great way to reach out to the global market 5. Variety of customers
300
compatriot
expatriate
300
Draw the Geographic Division
President Asia Canada UK Finance Finance Finance Marketing Marketing Marketing Production Production Production
400
Give 2 disadvantages of Strategic Alliance
1. Communication 2. loss of control 3. costly
400
Name 2 disadvantages of mergers
1. Diseconomies of scale 2. Culture clash 3. Layoffs 4. Customer perception leading to loss of consumers
400
Name 2 disadvantages of licensing
1. loss of control 2. shared income 3. Risk 4. Terms of payment 5. Exposure of information
400
quadriplegic Defiance
Strategic Alliance
400
The reason why 70% of the worlds trade comes from multinational corporations
Economies of scale
500
Name 2 disadvantages and 2 advantages of the franchisor
Disadvantage - required to have resources to recruit, train and support franchise, loss of control over franchisee, has to disclose information about franchise Advantage - more income, uniform procedure, spreading risk
500
Explain the difference between a joint venture and merger
Joint Venture - both companies are still independent Merger - become 1 company
500
A business license is a permit that the owners of an ___________ property, such as trademarks, copyrights, ________ permission to make or reproduce copies of the original
Intellectual, grants
500
Singapore
Offshore
500
2 benefits and 2 negatives for a multinational corporation to come into your country
Benefits - new jobs, training, investment Negatives - loss of local businesses, MNC has no loyalty to country, gets tax breaks so less money for government