1. When should a company ideally enter a foreign market? a) when the foreign market is saturated b) when the costs of labor and resources are higher than the domestic costs c) when the demand for the product declines in the domestic market d) when competition in the domestic market is the least
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1. When should a company ideally enter a foreign market?
a) when the foreign market is saturated
b) when the costs of labor and resources are higher than the domestic costs
c) when the demand for the product declines in the domestic market
d) when competition in the domestic market is the least
2. Which of the following hampers the growth of global economy?
a) spread of capitalism around the world.
b) encouraging protectionism
c) terms and conditions of NAFTA
3. Companies that re willing or able to invest millions of dollars in operations abroad should ideally operate through _____?
a) franchising agreements
b) multinational corporations
c) licensing agreements
d) shell corporations
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