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Author Question: Describe the specialized entry modes for international business. What will be an ideal ... (Read 81 times)

Charlie

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on: Jul 7, 2018
Describe the specialized entry modes for international business.
 
  What will be an ideal response?

Question 2

The price of one currency expressed in terms of another is known as which of the following?
 
  A) dollarization
  B) monetization
  C) common factor
  D) exchange rate


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Sassygurl126

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Reply #1 on: Jul 7, 2018
Answer to Question 1

Companies can take advantage of international business opportunities without making long-term investments by using specialized entry modes like contract manufacturing, management contracts, and turnkey projects. Contract manufacturing involves outsourcing manufacturing to other companies. A management contract is an agreement whereby one firm provides managerial assistance, technical expertise, or specialized services to a second firm for some agreed-upon time in return for monetary compensation. A turnkey project is a contract under which a firm agrees to fully design, construct, and equip a facility and then turn the project over to the purchaser when it is ready for operation.

Answer to Question 2

D


Charlie

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

TheDev123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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