Question $1(6$ Marks$)$

a$.$ Define Multinational Corporation. $(2$ Marks$)$

b$.$ Identify two multinational companies operating in Jamaica one manufacturing and one service. $(2$ Marks$)$

c$.$ In what other countries do they do business? $(2$ Marks$)$

Question $2(10$ Marks$)$

a$.$ Explain three of various market entry strategies that are available to managers wishing to do business internationally or globally. $(6$ Marks$)$

b$.$ What are two advantages and two disadvantages? $(4$ Marks$)$

Question $3(10$ Marks$)$

a$.$ Identify two Jamaican companies that are doing business overseas. $(2$ Marks$)$

b$.$ How long have they been overseas? $(2$ Mark$)$

c$.$ Why do you think they chose to do business in those specific countries? $(2$ Marks$)$

d$.$ What market entry strategy did they use? $(2$ Mark$)$

e$.$ Why do you think they chose that particular strategy? $(2$ Marks$)$

True or False $(7$ Marks$)$

$1.\_\_\_\_\_$ The reality of today's borderless companies also means that consumers can easily identify from which country they are buying.

$2.\_\_\_\_\_$ Whether a company operates domestically or internationally, the management

functions of planning, organizing, leading, and controlling are the same.

$3.\_\_\_\_\_$ The belief in the right to vote, the right of choice and equal rights is part of the beliefs, values and ways of thinking that defines a society's culture.

$4.\_\_\_\_\_$ The fifth dimension of Hofstedes social values is preliminary$-$term orientation and extended$-$term orientation.

$5.\_\_\_\_\_$ The multinational stage of corporate international development transcends any single home country. The ownership, control, and top management tend to be dispersed among several nationalities.

$6.\_\_\_\_\_$ Multinational corporations typically receive more than $55$ percent of its total sales revenues from operations outside the parents home country

$7.\_\_\_\_\_$ Changes in the exchange rates can have major implications for the profitability of international operations.

Fill in the Blanks $(2$ Marks$)$

$1.\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ is the criterion traditionally used to classify countries as developed or developing.

$2.$ means engaging in the international division of labor so that manufacturing can be done in countries with the cheapest sources of labor and supplies.

Multiple Choice $(5$ Marks$)$

$1.$ Companies that think $\_\_\_\_\_\_\_\_\_\_$ have a competitive edge.

a$.$ globally

b$.$ regionally

c$.$ nationally

d$.$ strategically

e$.$ customers first

$2.$ The process of globalization typically passes through all of the following stages EXCEPT

a$.$ domestic stage.

b$.$ global stage.

c$.$ international stage.

d$.$ inter$-$domestic stage.

e$.$ multinational stage.

$3.$ If you built a computer company in Africa and then found that your product was having difficulty being distributed to customers because of the road system, your problem would be related to an economy incapable of supporting growth.

a$.$ an inadequate infrastructure.

b$.$ poor resource market.

c$.$ a poor product market.

d$.$ none of the above.

$4.$ Although the challenge in unstable countries is great, often the biggest area of $\_\_\_\_\_\_\_\_\_\_$ is also there.

a$.$ opportunity

b$.$ consumer shopping

c$.$ economic improvement

d$.$ leadership

e$.$ low governmental control

$5.$ Color Copiers operates in a true global fashion, making sales and acquiring resources in whatever country offers the best opportunities and lowest cost, what stage of international development is it in$?$

a$.$ Stateless stage

b$.$ Multinational stage

c$.$ International stage

d$.$ Domestic stage

e$.$ Multidomestic stage