Question 1 2 pts (Based on week 4 lecture) The mode of foreign market entry used by a large majority of US firms is: Exporting Licensing ooo Franchising FDI Question 2 2 pts (Based on Chap. 5) offers the manufacturer more control over the export process, potentially higher profits, and a closer relationship to the overseas buyer and marketplace. Direct exporting Indirect exporting Licensing A Joint Venture Question 3 2 pts (Based on week 4 lecture) If an EMC works as an agent for a US manufacturer, the EMC's main responsibility is: To find foreign buyers for the US manufacturer To deal with foreign customs To buy direct from the manufacturer To sell direct to foreign customers Question 4 2 pts (Based on week 4 lecture) If a US company wants to expand sales overseas, and wants to maintain tight contract over marketing policies and production quality while minimizing its investment, the best option is: Franchising Licensing Indirect exporting Wholly-Owned Subsidiary overseas