n international trade, which document is issued by bank on the importer side to facilitate the payment process. Bill of Lading letter of credit proforma invoice commercial invoice

Which of the following is an example of a macro-level variable often used in global marketing strategies? Average family size. Cultural similarities. Personal political beliefs. Standard home sizes.

Firm A's agreement to give Firm B the rights to use A's proprietary technology or trademark for a royalty paid to A by B. The above setting is ___. franchising joint venture licensing Stage model

Sharing costs,risks, and profits while also having access to partner' knowledge and assets is an advantage of _____. turnkey projects licensing joint ventures direct exports

An adjustment for prices that reflects the number of goods that consumers can buy in their home country, using their own currency and consistent with their own standard of living Purchasing power parity theory per capital income GDP GNP

High power-distance countries are characterised by which of the following? A political interest in maintaining a middle-class status for all citizens. A desire to minimise gaps between the wealthy and the impoverished. A lack of concern regarding the inequalities between the weak and the powerful. An autocratic government intent on maintaining the status quo.

policies imposed by governments that require firms to use domestically-manufactured goods or domestically-supplied services in order to operate in an economy. tariff quota local content requirements subsidy

Post-industrial countries characterized by high per-capita income, highly competitive industries, and well-developed commercial infrastructures are known as ____ Advanced economies Developing economies Emerging markets under developed economies

Australian society is highly ____. collectivist long-term oriented individualistic egalitarian

n Japan and South Korea, ___ is common in business and personal settings. handshake bowing handshake with elbow none of the above

National economic policies designed to restrict free trade and protect domestic industries from foreign competition tariff protectionism non-traiff trade barriers quotas

A non-equity mode of entry used to build a longer-term presence by building and then operating a facility for a period of time before transfering operations to a domestic firm is ____. turnkey projects build operate transfer co-marketing research and development

After the first training session, a number of the Australian employees expressed frustration that the Indian employees lacked technical knowledge because none of them asked questions or offered answers. Which of the following would be the best way for Hank to handle the situation? Remind the Australian employees that the Indians may be showing respect by remaining silent. Order the Indian employees to interact more during the session. Host a traditional Aussie barbeque so the Australian and Indian employees can get acquainted. Ignore the complaints of the Australian employees and continue the training sessions as planned.