In Expanding into Foreign Markets,a Company Can Strive to Gain

question 82

Multiple Choice

In expanding into foreign markets,a company can strive to gain competitive advantage (or offset domestic disadvantages) by

• A)building a state-of-the-art facility to fully capture scale economies via an export strategy.
• B)using export,licensing,or franchising strategies so as to minimize risk and capital investment.
• C)locating buyer-related activities in all countries where it sells its product.
• D)dispersing its activities among various countries in a manner that lowers costs or else helps achieve greater product differentiation and transferring competitively valuable competencies and capabilities from its domestic operations to its operations in foreign markets.
• E)avoiding the use of strategies that entail coordinating its domestic strategic moves with its strategic moves in the various foreign markets that it enters.

Understand the basic principles of color vision, including the trichromatic and opponent-process theories.

Identify the structure and function of the eye's components, including the pupil, rods, cones, fovea, and the process of visual accommodation.

Describe the physiological process of seeing and the visual pathway, from photoreceptor cells to the optic nerve.

Explain the phenomena related to vision, such as adaptation to darkness and why stars may disappear when looked at directly.

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Definitions:

Waggle Dance

A remarkable behavior displayed by honeybees to communicate the location of food sources to other members of their hive.

Chemical Communication

The process by which cells and organisms transfer information using chemical signals, essential for coordinating functions and responses.

Visual Communication

The conveyance of ideas and information in forms that can be seen, utilizing symbols, signs, art, and typography.

Associative Learning

The process by which an individual learns to connect a certain stimulus with a particular response.