Identify 3 disadvantages of countertrade? Explain how counterpurchasing works.
Companies looking for a fast entry with low costs would choose which 3 of the entry methods? Why? Companies looking for a long-term business would choose which two of the entry methods? Why?
Identify 3 ways a firm disrupt an existing market.
Define BOP markets. Why are businesses interested in BOP markets? What are some examples of products developed to profitable serve BOP markets? Identify and explain 4 challenges of serving BOP markets.
Define GAAP, FASP, and IASB. Identify 3 advantages of a single set of international accounting standards? Which set of accounting standards does the United States follow? Why are some governments reluctant to follow IFRS?