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11)______________ are tangible or intangible resources owned by a firm, which grant it a competitive advantage over its industry rivals. Ownership advantages Location advantages Internalization

11)______________ are tangible or intangible resources owned by a firm, which grant it a competitive advantage over its industry rivals.

Ownership advantages

Location advantages

Internalization advantages

Fixed assets

Current assets

12)All of the following are characteristics of the most promising candidates for an international assignment EXCEPT:

managerial competence

appropriate training

adaptability to new situations

educational excellence

13______________ is the overall set of forces that causes people to choose certain behaviors from a set of available behaviors.

Attitude

Perception

Projection

Reinforcement

Motivation

14)The type of countertrade whereby part of an exported good is produced in the importing country is called ______________.

barter

counterpurchase

buy-back

offset purchase

multilateral netting

15)Those factors that affect the desirability of host country production relative to home country production are called ______________.

ownership advantages

location advantages

internalization advantages

fixed assets

current assets

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