Question: Tim was having a few friends over for dinner, many of whom Tim knew from an international management association. Tim's company provides services to create

Tim was having a few friends over for dinner, many of whom Tim knew from an international management association. Tim's company provides services to create detailed maps of world areas from satellites, which the firm then sells via the Internet to firms, countries, and others around the world. One of his guests, Lucia, bakes cookies for a living. Her recipe is so well-liked that her company has grown dramatically. She has just sold the right to manufacture her cookies to a firm in eastern Roadania. Another friend Mac is a director at Helix, and his wife Maria has contracted with HashBrowns to open a branch in their state, bearing all the preliminary expenses and development costs, giving a portion of the profits. Mac also announced that his company Helix and a company Shillings are starting a new venture. Finally, Samantha works for ADS technologies that is headquartered in her home country and is soon to go abroad to work in ADS's new facility established in another country. The guests were discussing about how their companies decided to "go global." 1. Tim's company uses to participate in the global marketplace. A. licensing B. franchising C. exporting D. a joint venture 2. Which of the following ways of entering the global marketplace is Lucia's company using? A. Licensing B. Franchising C. Exporting D. A joint venture to participate in the global marketplace 3. HashBrowns engages in A. outsourcing B. franchising C. exporting D. offshoring IP 4. Samantha can be best described as a(n) _ A. third-county national B. host-country national C. InRatriate D. expatriate

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