1) Bombadier Inc. is the third largest airplane manufacturer in the world. Its Learjet 85 is assembled as follows: 1. Wings are manufactured in Belfast and assembled in Mexico. 2. Stabilizers are manufactured in Mexico. 3. Engines are manufactured in Canada. 4. Final assembly is completed in Kansas.

Question: Which type of AAA strategy is Bombardier using?

Group of answer choices

aggregation

adaptation

administration

arbitrage

2) Which Incoterm is the most appropriate for a company who wants to sell products for export from its warehouse, without worrying about loading , shipping, unloading, clearing customs, etc.

Group of answer choices

EXW

FAS

FOB

DDP

3) Qian Mobile is a company in Taiwan selling toKeilor Park Mobile Distributors, a company based in Melbourne, Australia. Keilor Park Mobile Distributor just bought 1000 phones from Qian Mobile.

In this scenario, the mobile phones will be shipped by air from Taiwan to Melbourne Airport, after customs clearance, a destination freight forwarder nominated by seller will transport goods to Keilor Park Mobile Distributor's warehouse. Destination terminal handling charges at airport and transfers fees at destination airportare under the account of seller. Seller arranges insurance. Buyer pays for customs clearance and duties.

Question: Which incoterm is best described above?

Group of answer choices

EXW Keilor Park Mobile Distributor's warehouse, Melbourne, Australia

CIP Keilor Park Mobile Distributor's warehouse, Melbourne, Australia

DDP Keilor Park Mobile Distributor's warehouse, Melbourne, Australia

CPT Keilor Park Mobile Distributor's warehouse, Melbourne, Australia

4) TOKYO: Panasonic Corp confirmed on Thursday it would invest in US electric carmaker Tesla Motors Inc's US$ 5 billions lithium-ion battery plant in the United States. The Japanese company, which already supplies batteries for Tesla, said it would invest in stages and that any expenditure this year would be small. "However, Tesla is a very important partner to us and discussions are continuing. We need to look very carefully at auto demand and respond appropriately so of course that means taking a step-by-step approach to investment," Chief Financial Officer Hideaki Kawai added. Demand for batteries from the US premium eco-car maker has been a boon for Panasonic as it tries to expand its business as an industrial supplier, especially to the auto sector, and reduce its reliance on volatile consumer markets. Under the agreement, Tesla will prepare, provide and manage the land while Panasonic will manufacture and supply cylindrical lithium-ion cells and invest in the equipment, machinery and other manufacturing tools, they said in a joint statement. Tesla's chief executive Elon Musk has said that he expected Panasonic to become the main partner in the Gigafactory, which the company says will be able, when fully operational in 2020, to make more lithium-ion batteries in a year than were produced worldwide in 2016. Question: What kind of business agreement has most likely taken place between Tesla and Panasonic?

Group of answer choices

joint venture

licensing

direct exporting

Turnkey

5) In mid-May 2008 a Memorandum of Understanding was signed between the government of Thailand and the Burmese military regime for the development of the Dawei Deep Seaport and Road link to Bangkok In November 2010 Italian-Thai Development announced that on November 2 it had "signed the Framework Agreement with the Myanmar Port Authority, Ministry of Transport of the Union of Myanmar to develop the "Dawei Deep Sea Port, Industrial Estate and Road Link to Thailand."

In a one-page summary translation of the agreement Italian-Thai Development state that: The Company is granted the Build Operate and Transfer concession to develop the following projects in Dawei, the Union of Myanmar: 1) A deep seaport 2) An industrial estate and heavy industries such as a steel mill, fertilizer plant, power plant and other utility services 3) A cross-border road, rail and pipeline link from the Designated Area in Dawei District to Thailand at Pu Nam Ron, Kanchanaburi Province. 4) Township for residential and commercial development and a tourism, resort, and recreation complex. The company states that the agreement is for 60 years "plus an extension period as agreed upon" with phases of the project to be subject to a "on each detailed project development plan."

Question: The "Dawei Deep Sea Port , Industrial Estate and Road Link to Thailand" is an example of ...

Group of answer choices

joint venture

licensing agreement

Greenfield WOS

BOT

6) The following are factors for a company to consider when deciding why and where to invest EXCEPT for:

Group of answer choices

Are there constant changes to incoterms that we want to avoid.

Logistics. Is it cheaper to produce locally if the transportation costs are significant?

Is the workforce or labor pool already skilled for the company's needs or will extensive training be required?

Policy. Are there local incentives (cash and noncash) for investing in one country versus another?

7) This term means that the seller delivers when the goods pass the ship's rail at the named port of shipment, and the cargo is physically inside the ship. This means the buyer has to bear all costs & risks to the goods from that point. The seller must clear the goods for export. This term can only be used for oceantransport.

Group of answer choices

EXW

FAS

CIF

FOB

8) What3words is a precise yet simple addressing system. It uses a global grid of 3x3m squares, assigning each one a unique 3-word address. It's more accurate than a postal address and more memorable than GPS coordinates. It means people can pinpoint a specific location on the planet and communicate it more quickly and easily than any other method.

Now, thanks to a landmark partnership between Mongol Post and what3words, the citizens of Mongolia can enjoy accurate and reliable mail deliveries, wherever they live. Mongolia covers an area nearly the size of the European Union. Its 3 million people are scattered across the country, from the bustling capital Ulaanbaatar to the remote grass steppes. With its semi-nomadic population and sparsely populated landscape, the people of Mongolia face unique challenges when it comes to delivering and receiving posts. In many parts of the country, citizens have to collect mail from Post Office boxes, often kilometers away from their homes.

Mongol Post customers can now discover any 3-word address, via the free what3words app, and simply write it on a letter or enter it on the checkout page of a shopping website. Postal workers can then use that unique address to navigate to a precise location, at the customer's front door - whether that's in the center of Ulaanbaatar, the informal Ger districts that skirt the capital, or a hut on the edge of the desert.

Question: What type of strategy is the partnership of Mongol Post and What3words?

Group of answer choices

Adaptation

Administrative

Aggregation

Arbitrage

9) In 2008, Canadian student Christopher Charles was working in rural Cambodia, living in a typical Cambodian house on stilts. He had no electricity, no running water and, he says, a lot of time to sit around and think. "I was looking at the prevalence of anemia and parasite infection in the region and began to uncover this huge problem that no one was doing anything about," in Cambodia. Anemia is a disease that's linked to low levels of iron in the blood, and almost half of Cambodia's population suffers from it.

The World Bank estimates that iron deficiency is a $50 billion drain on global GDP. Back in Cambodia, Charles decided he wanted to do something. People have been adding iron to their food via iron cooking pots for years, and others take supplements. So Charles came up with what he thought was a simple alternative: Give villagers little blocks of iron to drop into their cooking pots. The iron gets released slowly as the water boils and released into the food cooked in it, too. Charles says at first, people hated them. They thought were ugly and that they would scratch their pots so they turned them into doorstops. But he kept at it. Then came his cultural "Eureka moment," when he realized that in rural Cambodia almost everything revolves around fish. People earn money fishing, they're a big part of the Khmer diet, their folklore, even their currency the riel is named after a fish.

And the Lucky Iron Fish was born. And he's hoping to convince the skeptics in the scientific community and add to the $1.2 million war chest the company has already raised. In the meantime, the Lucky Iron Fish company started rolling out its fish-shaped iron piece for sale in Cambodia, abroad, and online. "A lot of tourists obviously buy them because they're a beautiful little souvenir of Cambodia and have a great story behind them, but people have also been buying them because they have someone in the family that's anemic," she says.

Question: Which type of adaptation strategy is exemplified in the above article?

Group of answer choices

Innovation

Variation

Externalization

Focus

10) Apple products are designed in California but assembled in China. Workers at Foxconn work six days, twelve hours a day, and earn less than $17 per day. 23,000 workers work in assembly line (only 50 US cities are large enough to provide that kind of labor pool.) Which of the following types of arbitrage is exemplified in the above passage?

Group of answer choices

Administrative

Geographical

Economic

Cultural

11) In parts of Peru, it's still common to wash laundry in rivers and streams, both because of tradition and because millions of people don't have running water at home. Using laundry soap can pollute the same water that people also rely on for drinking, cooking, or bathing. But a new kind of probiotic soap was designed to help clean the water instead.

A company spent two years developing a solutiona bar soap that contains microorganisms that can remove pollution. "This microorganism . . . feeds itself from the pollution of the river, reducing drastically the levels of nitrate and ammoniac, the type responsible for spreading bacteria that affect humans," the founder, Richard Chadwick says. "These microorganisms are freed when the bar of soap is used, and they get attached to the rocks and river weeds, staying there even after the washing ritual."

The process can help clean both pollution from other laundry soap, and from sewage that also ends up in rivers. As thousands of people keep returning to a river or other water source to wash with the soap, the microorganisms will continue to feed on the pollution. "With the bar of soap, the Andean tradition becomes a constant cleaning system," he says. In before-and-after samples taken of river water, the soap helped remove pollutants like nitrates with 75-85% "

"The potential of this project is huge. Companies like P&G or Unilever could make this a reality all over Latin America, Africa, and Asiathree continents where washing clothes at the riverbanks is still a tradition."

Question: If a company like P&G or Unilever, the two biggest soap manufacturers were to sell this type of soap, it would be considered an adaptation strategy based on:

Group of answer choices

Aggregation

Innovation

Externalization

Regional focus

12) Augustin Depardon, marketing director of exclusive French cognac Louis XIII, explained that high-net-worth customers buy his brand so they can participate in its "culture, history, and legend" - a legacy of refinements immune to the passage of time and trends. "In many luxury brands, you not only sell the product but also sell the story," Depardon said. If we were to change the recipe, we will lose our soul," he says of his cognac, some of which was bottled on the eve of WWI.

The above passage illustrates how a company can take advantage of _____ arbitrage.

Group of answer choices

administrative

geographical

economic

cultural

13) Keurig Green Mountain, the troubled US maker of K-cup coffee pods and the machines that brew them, is being bought for $13.9billion by the same Luxembourg-based private equity firm that earlier this year purchased hipster coffee roasters Stumptown and Intelligentsia Coffee. "Keurig Green Mountain represents a major step forward in the creation of our global coffee platform," JAB chairman Bart Becht said in a statement. JAB, which as of December 2014 managed $16 billion in assets, belong to an Austrian family, also owns Peet's, a Bay Area-based roaster and coffee-shop chain, through which it boughtStumptownandIntelligentsiain October. It also owns Minnesota-based Caribou Coffee. JAB's goal is to be the Budweiser of coffee, said Pablo Zuanic, an analyst at Susquehanna International. The conglomerate may follow with other deals, such as a takeover of Dunkin' Brands Group. "JAB knows what they are doing, and this is obviously part of a much, much bigger strategy," Zuanic said on a conference call, according to Bloomberg News. "Just like you've seen Anheuser-Busch InBev consolidate beer, they want to consolidate coffee." This is an example of ...

Group of answer choices

JAB implementing business process outsourcing

JAB engaging in FDI though greenfields operation

JAB entering into multiple licensing agreements.

JAB engagin in FDI through acquisition

14) Out of the fields of mud, a giant grew that giant is Gigafactory 3, and this is where the term "Tesla speed" was coined. In just under 15 months, Tesla China's team transformed this muddy field into one of the world's most advanced auto manufacturing factories. The Giga Shanghai could eventually produce 1 million electric vehicles a year. This makes sense in light of Tesla's goal to export vehicles made at Giga Shanghai to other markets in both Europe and Asia. Taipei Times reported that Tesla is looking to realize its plan to reduce shipping costs and manufacture vehicles closer to customers with this move. Tesla will be the first American company in China to make products there and export to Asian and European markets. That's unheard of.

Tesla landed its own factory in a country that has never let a foreign company own its own factory there before in the middle of a trade war with that company's country.Yes, Elon Musk is right this is a big deal.

Question: This type of foreign direct investment is a(n)...

(Links to an external site.)

Group of answer choices

Turnkey project

Merger

Acquisition

Greenfield - Wholly owned subsidiary