Hosted By Miss Dinnella Jeopardy Hosted By Miss Dinnella

Choice1 Choice 2 Choice 3 Choice 4 100 100 100 100 200 200 200 200 300 300 300 300 400 400 400 400 500 500 500 500

(Sole Proprietorship) Business owned by one person Row 1, Col 1

Share of company profits (Dividends) Share of company profits 1,2

1,3 Economic Dependence and Political Interference What are the two major concerns a multinational company faces? 1,3

1,4 A Vietnamese company shares production costs and profits Joint venture A Vietnamese company shares production costs and profits of a chemical manufacturing enterprise with an Israeli Company. This is an example of a/an? 1,4

Business owned by two or more people (Partnership) Business owned by two or more people 2,1

2,2 (Double Taxation; Difficult to create; owners limited control) Give two disadvantages of a corporation. 2,2

2,3 Management Contracting An agreement under which a company sells only its management skills 2,3

2,4 List the four high-risk methods of getting involved in Joint venture; Turnkey Operation; Foreign Direct Investment; Wholly-Owned Subsidiary List the four high-risk methods of getting involved in International Business 2,4

Business that operates as a legal entity separate from (Corporation) Business that operates as a legal entity separate from other owners 3,1

3,2 Multinational Company or Corporation This is an organization that conducts business in several countries 3,2

3,3 DAILY DOUBLE! Extra 100 points Indirect Exporting; Direct Exporting; Management Contracting; Licensing; Franchising DAILY DOUBLE! Extra 100 points List the five-low risk methods for getting involved in International Business 3,3

3,4 What is a wholly-owned subsidiary? Independent company owned by a parent company Ex. Purchasing stock in another company What is a wholly-owned subsidiary? 3,4

A credit union would be an example of a/an… Cooperative. A credit union would be an example of a/an… 4,1

The owners personal assets can be used to pay for any Unlimited Liability The owners personal assets can be used to pay for any debts of the business 4,2

4,3 Licensing . A British company allows a Japanese company to create clothing and school supplies with one of the British company’s doll characters on the products 4,3

List three of the main benefits of a joint venture Shared raw materials; shipping facilities; management activities; production facilities; distribution channels; business resources List three of the main benefits of a joint venture 4,4

Limited Liability This means stockholders are only responsible for the debts of the corporation only up to the amount they have invested 5,1

5,2 Charter Document granted by state or federal government that allows a corporation or company to form 5,2

Indirect exporting A small food-packaging firm cannot afford to sell in other countries, so it asks an export agent to obtain orders for the company 5,3

Rick Ashley-Never Gonna Give You Up What was the name of the song Jarrett sang to Mr. Bauer (Jarrett you can NOT answer) 5,4