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One downside to licensing/franchising is that the licensor/franchisor may lose control over how their technology and brand are used

One downside to licensing/franchising is that the licensor/franchisor may lose control over how their technology and brand are used.

a. True b. False

12.As a general rule, entrepreneurs’ previous international experience differentiates rapid internationalization from slow/no internationalization.

a. True b. False

13.FDI lowers firm performance more than other forms of entry (over the long term).

a. True b. False

14.Indirect exporting can be achieved through trading companies.

a. True b. False

15.Purchasing established local firms is the fastest route to establishing a presence in a foreign market.

a. True b. False

16.The personal traits of entrepreneurs have been the primary motivating force in China and Southeast Asia, not the environments that set formal and informal rules.

a. True b. False

17.Children from wealthy families are less likely to start new businesses.

a. True b. False

18.Most scholars now agree that entrepreneurship is a result of both nature and nurture.

a. True b. False

19.There are no hard and fast rules on whether entrepreneurial firms should internationalize rapidly or slowly.

a. True b. False

20.It is much easier for entrepreneurs to walk away from debts incurred in failed/bankrupt ventures in Germany and Japan than in the United States.

a. True b. False

Feb 14 2020 View more View Less

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