Which of the following entry mode is advisable to open up the doors to Latin America's clubby business world?
A. Licensing
B. Direct investment
C. A joint venture
D. A wholly-owned subsidiary
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What happened in July 1997 that caused the worldwide financial crises?
A. The Vietnam war ended.
B. Thailand devalued its currency.
China tested a nuclear bomb.
D. India opened its markets to outsourcing.
Fox Corporation seeks to aggressively enter the world's fastest-growing economies. The firm is most likely to concentrate on:
A. newly industrialized economies.
B. agricultural economies.
C. mature economies.
D. raw material exporters.
Each of the following is a reason for the economic growth in South Africa except which one?
A firm belief that apartheid is correct.
B. A well developed infrastructure.
C. Good leadership at the presidential level.
D. An educated group of entrepreneurs.
The economic growth of Latin America has been fuelled by all of the following except:
A. regional trading blocs.
B. a political shift toward democracy.
C. a gradual emergence from a large debt burden.
D. religious influence of the Roman Catholic Church.
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