Question: 10-14 QUESTION 10 True or False. A NIC is a newly industrialized country. O True O False QUESTION 11 True or False. Socialism refers to

10-14

QUESTION 10 True or False. A NIC is a newly industrialized country. O True O False QUESTION 11 True or False. Socialism refers to economic systems where the state owns at least some parts of industry. True O False QUESTION 12 Which of the following entry modes has the lowest risk but offers the lowest level of control for the international marketer? Exporting Licensing O Wholly owned subsidiaries O Joint ventures Strategic alliances QUESTION 13 True or False. When a company chooses benefit segmentation, the benefits that are promoted may vary greatly according to the targeted country. True False QUESTION 14 True or False. Market potential factors that should be assessed when examining the potential of a region for expansion include availability of financial resources, availability of potential substitute products, and consumer awareness of the product. True False

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