SUBJECT: INB

1. Economic arguments for government intervention is concerned with protecting the interests of certain groups within a nation, often at the expense of other groups. *

A.True

B. False

2. Mercantilism Theory infers a win-lose game.

A.True

B. False

3. Japan Tobacco Industry acquisition of Akij Tobacco Industry in Bangladesh is a form of greenfield investment.

A.True

B. False

4. Firms strategic commitment is not dependent on the scale of market entry.

A.True

B. False

5. Which of the following statements is FALSE.

A. There are no "right" decisions regarding time of entry and scale of entry into a new international market, just decisions that are associated with different levels of risk and reward.

B. The advantages frequently associated with entering a market early are commonly known as first-mover advantages.

C. Exporting has two distinct advantages: it often avoids the substantial costs of establishing manufacturing operations in the host country, and exporting may help a firm achieve experience curve and location economies

D. Wholly-owned operation does not give a firm the tight control over manufacturing, marketing, and strategy that is required for realizing experience curve and location economies.