Question: 1. Generally, consumption products such as ____________ require greater modification to meet local market requirements worldwide. burgers and sandwiches Apple computers Vehicles 2. Factors contributing

1. Generally, consumption products such as ____________ require greater modification to meet local market requirements worldwide. burgers and sandwiches

Apple computers

Vehicles

2. Factors contributing to globalization include:

market and competition

exporting and importing

FDI and Portfolio investment

3. Mexico trades produce for computer with Japan, this is an example of:

procurement

insourcing

exporting

4. Examples of equity market entry mode include:

the building or buying a manufacturing subsidiary and joint ventures

buying stocks and franchise

all ov the above

5. Companies such as Toyota and Acura use ____________ strategy in response to local demands.

global strategy

multidomestic strategy

transnational strategy

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