GB CHAPTER 5: STRUCTURES OF INTERNATIONAL BUSINESS ORGANIZATIONS REVIEW

The country where a multinational corporation maintains its worldwide headquarters is called

Multinational companies are commonly called

Of the following, the method with the lowest risk is:

Some people believe that multinational corporations often influence governments in host nations

Probably the greatest disadvantage of a sole proprietorship is _____________.

Multinational corporations benefit from each of the following except an ability to:

Nonprofit organizations are often formed by diff. types of groups that include each, except:

Many people believe that multinational companies need to be regulated & controlled b/c they

A sole proprietorship is a business owned by one or more people.

Corporate stockholders have two main rights, which are ______________.

Franchising is also known as indirect exporting.

The simplest, lowest-risk method of getting involved in int'l business is a joint venture.

_____ is when a firm simply takes orders from foreign firms w/o actively soliciting business.

________ is selling the right to use some intangible property for a fee or royalty.

A _________ is a situation in which a company agrees to operate businesses for foreign firms.

A wholly-owned subsidiary in a different nation is a form of direct foreign investment.

Of the following methods, which has the highest risk?

_____ liability means that stockholders can lose their investment if the corporation fails.

Another term for profit is ________.

Which of the following businesses would be the best prospect for foreign franchising?

A charter is the doc. granted by state/fed gov't that allows a group of people to form a corp.

Real estate purchased in another country is called foreign direct investment.

A ______ is an incorporated town or city organization created to provide services for citizens.

________ in hiring is a characteristic of multinational companies.

Today there are relatively few multinational corporations & their number is in steady decline.

To be successful, multinational corporations must:

Advantage of owning shares in a corporation is the _____ that protects your property.

Joint ventures between businesses in different countries are also known as:

Only a few businesses in the United States are organized as sole proprietorships.

One characteristic of multinational corporations is that they often produce ________ products.