Evaluating Different Modes of Entry

Q.

Distinguish between licensing and franchising.

Q.

What do you understand by Export and Import? Mention their advantages and limitations.

Q.

Name the trade where import of goods is made before the export of goods.

Q. Merchandise exports and imports, also known as , include only tangible goods and exclude services.

1. trade in goods
2. trade in services
3. trade in imports
4. trade in exports

Q.

Goods imported for the purpose of export is known as:

1. Home trade

2. Foreign trade

3. Entrepot

4. Trade

Q.

Which of the following is not an advantage of exporting?

1. Easier way to enter into international markets

2. Comparatively lower risks

3. Limited presence in foreign markets

4. Less investment requirements

Q.

List major items of India's exports.

Q.

Mention the type of trade which involves importing goods from a country to export these to other countries.

Q.

Why is it said that licensing is an easier way to expand globally?

Q.

Distinguish between the following.

Licensing and Franchising.

Q. is a form of licensing where a parent company grants another independent entity the right to do business prescribed by the parent company

1. Licensing
2. Franchising
3. Joint venture
4. Partnership

Q. Intangible aspect of services that trade in services is also known as .

1. invisible trade
2. service trade
3. visible trade

Q. Answer the following questions.

Explain Licensing and Franchising. Discuss advantages and disadvantages.

Q.

Identify the values affected by international trade because of the following reasons:

1. Dumping of goods.

2. Leads to cultural invasion.

3. Adversely affects the domestic industries of host countries.

4. Interference in political affairs.

Q.

State one limitation of export and import as an entry mode of international business.

Q. Where a firm allows another firm in a foreign market to use its technical know-how and trade mark, it is known as _________.

1. indirect marketing
2. all of above
3. franchising
4. network marketing

Q. Which among the following allows permission to use the trademark and provides assistance in business for a particular amount?

1. Company
2. Government
3. Partnership
4. Franchise

Q. ___ investment means investing funds in plant and machinery for marketing and production.

Q. Write short Answers of the following.

What is Licensing? What are the advantages of Licensing?

Q. Select the proper option from the options given below and rewrite the sentences.

Under ________ an independent organization (franchisee) operates the business under the name of another company (franchisor).

(a) Licensing
(b) Franchising
(c) Joint Venture

Q. The term royalty is closely associated with ________________.

1. licensing
2. contract manufacturing
3. piggybacking
4. direct exporting

Q. Match the following

1. Licensor
2. Franchisers
3. Joint Venture
4. Re-ecport

Q. Write short notes on the following.

Branding

Q. The individual or firm which grants right is called _________ (X). Whereas the individual or firm to whom the right is granted is called _________.(Y).
Select the correct answer from the options given below.

1. (X) = Franchisee; (Y)=Franchiser
2. (X) = Franchiser; (Y)=Franchisee
3. (X) = Consignor; (Y)=Consignee
4. (X) = Consignee; (Y)=Consignor

Q. Write short answers of the following

What is meant by export Trade?