Chapter 9 Vocabulary

1234567891011
Across
  1. 4. Payments by a licensee to a licensor in exchange for the right to product and market the licensor’s product or service within a certain region
  2. 6. Franchises that include exclusive rights to market within a whole city or country.
  3. 7. The process by which a firm determines the best possible entry strategy for a country or region.
  4. 8. A firm established by local partners or managers of a joint venture to illegally compete with the joint venture by using the joint venture’s technology, market knowledge, and brand.
  5. 9. An alliance involving two or more firms in which each partner contributes a particular skill or resource- usually complementary to a venture.
  6. 10. The act in which a firm combines all its operations in a certain country or region into a single legal unit.
  7. 11. A term referring to the last stages of manufacturing in the chemical and pharmaceutical industries.
Down
  1. 1. Exporting through an intermediary located in a foreign market
  2. 2. A group of companies that agrees to share the logistical and promotional costs of exporting to foreign markets.
  3. 3. exporting through an intermediary located in the exporter’s home country.
  4. 5. The act in which a firm divides its operations in a certain country or region into different legal units.