Global Dimensions of Business Quiz

Christie’s and Sotheby’s both have a dominant place in the auction market and have both become more aggressive about increasing the commissions that buyers must pay without any kind of agreement between them to do so. This is an example of

Through this type of regulation, U.S. industries may petition the government for relief from imports that are sold in the United States at less than fair value or which benefit from subsidies provided through foreign government programs.

This international business strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product offering and marketing strategy to match different national conditions.

When compared to a competitive market, monopolies will tend to exhibit:

The arrangement a firm makes that allows another one to use its intellectual property such as brand name, copy right, patent, technology, trademark and so on for a specific period of time.

This strategy sacrifices responsiveness to local markets in favor of efficiency. Microsoft, for example, offers the same software programs around the world but adjusts the programs to match local languages.

Assume that there are four major cable providers in the U.S. The four companies meet secretly and agree not to compete with one another for customers in certain geographic areas of the country. This is an example of:

The value of direct investment made by the resident of the reporting economy to external economies.

Which of the following is an example of horizontal FDI?

Motorola and Toshiba joined to develop manufacturing processes for microprocessors. This is an example of.