A company is conducting a research on new markets by comparing countries in terms of their human development index (HDI) scores. The company wishes to expand into a market where individuals experience a very high level of total well-being.
Which of the following countries would the company most likely choose?
A) Russia
B) Mexico
C) China
D) Japan
Question 2
Which of the following terms refers to the broadest measure of economic development of a country?
A) gross domestic product (GDP)
B) purchasing power parity (PPP)
C) gross national product (GNP)
D) human development index (HDI)
Question 3
Which of the following is a disadvantage of licensing for technological firms?
A) It is not appropriate for entering markets that pose substantial country risk.
B) It requires high capital investment and the presence of the technological firm in the foreign market.
C) It restricts flexibility in the foreign market due to the technological firm's ownership of key assets in the target market.
D) It increases the risk of creating a future competitor.
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