Which Market Entry Mode Has an Advantage of Not Needing

question 36

Multiple Choice

Which market entry mode has an advantage of not needing operational facilities in the host country, but a disadvantage that there are limited opportunities to gain knowledge about local markets and conditions?

• A) Exporting
• B) Foreign direct investment
• C) Licensing
• D) Joint ventures

Understand the significance of labor demand and supply in determining employment and wage rates.

Recognize the impact of technology and capital on labor productivity and wages.

Analyze the role of unionization and its impact on wage rates.

Distinguish between nominal and real wages and their adjustments in response to inflation and deflation.

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Definitions:

Drive

An internal motivational state that compels an organism to engage in specific behaviors to satisfy physiological needs.

Bindra's Model

A motivational theory that integrates drive reduction theory and incentive theory, emphasizing the role of both internal physiological states and external stimuli.

Central Motive State

This concept refers to the internal and psychological state that drives and directs behavior towards specific goals or needs.

Drives

Internal motivational states that push organisms to fulfill essential needs such as hunger, thirst, or sleep.