Question

Match the fill-in-the-blank statement in the left column to the corresponding term/phrase in the drop down on the right. Stated another way, match the left column statements to the meanings presented in the right column drop down. There is only one BEST answer/statement combination.

1. _____ is another way of referring to a non-equity mode of entry with an alliance partner.

2. _____ is another way of referring to an equity mode of entry including, but not limited to, an acquisition.

3. A _____ grants the right or permission to use the property, including intellectual property, of another.

4. _____ is an agreement between at least two parties to join their efforts in attempt to sell a product or service.

5. The two main types of these are Sponsored and Collaborative.

6. A common feature of these includes the completion of an operable installation, and the physical access and control handed to the buyer after it is shown the facility operates as intended.

7. A common feature of these includes the completion of an operable installation and with the physical access and control handed to the buyer upon completion.

8. An FDI entry mode that can be described as starting "from the ground up."

9. An FDI entry mode involving a change of control of the OLI advantages.

10. An FDI entry mode involving a combination of two businesses.

11. This is typically the result of any FDI entry mode.

12. This is usually the easiest entry mode involving the least amount of risk.

13. This is usually the easiest entry mode involving the least amount of risk, but requires the assistance typically in the host location.

14. This type of arrangement allows a manufacturer to ship goods to a representative for resale.

15. Kentucky Fried Chicken and Arby's use these to open restaurants.

16. A _____ typically involves a local partner owning a majority interest in the business, and a foreign participant owning a minority stake.

17. A(n) _____ is a way to bring together complementary skills and assets that neither company could easily develop on its own.

18. _____ are common when competitors wish to avoid legal disputes by allowing each other to access and use their proprietary property rights.

19. Patents, trademarks, and copyrights are examples of _____.

20. Trucks, construction equipment, and manufacturing machines are examples of _____.

BOT agreements
Intangible property
Co-marketing
Access
Merger
Export
Indirect export
Greenfield
License
Alliance agreement
Franchise agreement
Joint venture agreement
Acquire
Tangible property
Acquisition
Cross-license agreements
Wholly Owned Subsidiary
Distributor agreement
Turnkey agreements
R&D agreements

Answer 1

1. Indirect exporting is another way of referring to a non-equity mode of entry with an alliance partner.

2. Acquire is another way of referring to an equity mode of entry including, but not limited to, an acquisition.

3. A license grants the right or permission to use the property, including intellectual property, of another.

4. Co-marketing is an agreement between at least two parties to join their efforts in attempt to sell a product or service.

5. The two main types of these are Sponsored and Collaborative. – R&D agreements

6. A common feature of these includes the completion of an operable installation, and the physical access and control handed to the buyer after it is shown the facility operates as intended. – BOTS (Build-Operate-Transfer) agreement

7. A common feature of these includes the completion of an operable installation and with the physical access and control handed to the buyer upon completion. – Turnkey agreement

8. An FDI entry mode that can be described as starting "from the ground up." - Greenfield

9. An FDI entry mode involving a change of control of the OLI advantages. – Wholly owned subsidiary

10. An FDI entry mode involving a combination of two businesses. - Merger

11. This is typically the result of any FDI entry mode. - Access

12. This is usually the easiest entry mode involving the least amount of risk. - Export

13. This is usually the easiest entry mode involving the least amount of risk, but requires the assistance typically in the host location. - Acquisition

14. This type of arrangement allows a manufacturer to ship goods to a representative for resale. - Distribution agreement

15. Kentucky Fried Chicken and Arby's use these to open restaurants. – Franchise agreement

16. A Joint venture agreement typically involves a local partner owning a majority interest in the business, and a foreign participant owning a minority stake.

17. An alliance agreement is a way to bring together complementary skills and assets that neither company could easily develop on its own.

18. Cross license agreements are common when competitors wish to avoid legal disputes by allowing each other to access and use their proprietary property rights.

19. Patents, trademarks, and copyrights are examples of intangible property.

20. Trucks, construction equipment, and manufacturing machines are examples of tangible property.

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