Chapter 12 Flashcards
1
Q
How much laws are for international entrepreneur
A
150
2
Q
How much are strategic issues
A
4
3
Q
Does decision power important for entrepreneur
A
Yes
4
Q
What is market assumption
A
Make target for business and review the progress periodically
5
Q
What is quality control
A
Make a thing according to its specification
6
Q
What are the options for entering into international market
A
- Direct export
- Indirect export ( company make office in pakistan and get production from here and send it to its homeland )
- Licensing (franchise)
7
Q
What is synergy
A
Synergy means that the whole is greater than the sum of its part. 1+1 = 3
8
Q
What is contract management
A
Provide management on contract to some company
