MKT315 Chapter 6

1. the country in which an input to a final product is produced
4. the employing of simultaneous actions across countries to gain competitive advantage or local rivals
7. large and diverse industrial groups in Japan
9. a counterattack against a competitor in one country in response to a prior attack by that competitor in another country
11. the encouragement of competition where monopolies or strict controls previously existed
13. the country in which a product is manufactured or assembled
14. the use of profits from one country in which a business operates to subsidize competitive actions in another country
15. political objection to purchasing products from a specific foreign country
16. a firm in which a government holds a partial, though usually significant, equity position

2. the process of identifying actual and potential global competitors, planning how to compete against each of them, and implementing those plans
3. consumer snimosity arising from difficult historical relations between two countries
5. the country with which a firm is associated - typically its home country
6. the belief that purchasing imported results in job loss and consequently hardship for a buyer's home country
8. the practice of selling state-owned enterprises or their assets to private firms or individuals
10. consumer animosity as a response to a current economic or political event
12. large business organizations consisting of firms in diverse industries interlinked by both formal and informal ties