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Part II Match

Section A

Choose the correct word or words from the box to complete the passage

multinational intermediaries precede

subsidiaries joint venture enter into

A firm can enter international markets in several ways. It may license a foreign firm to produce and market its products. It may export its products and sell them through foreign 21 or its own sales organization. It may 22 a joint venture with a foreign firm. It may establish its own foreign 23 . Or it may develop into a 24 enterprise. Generally, each of these methods represent a deeper involvement in international business than those that 25 it in this list.

Section B

Choose the correct word or words from the box to complete the following sentences fall managers

discount bank account Internet technologies

26. Can you check that the figures have been entered correctly in the .

27. There was a dramatic in sales to the USA between 1997 and 2000.

28. Top set policies, formulate strategies, polices and decisions.

29. Selling something at a reduced price is called giving a .

30. E-business is about transforming business processes and integrating them with

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