Do not need to explain, just pick the correct answer 1 - In mid-May 2008 a Memor

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Do not need to explain, just pick the correct answer

1 - In mid-May 2008 a Memorandum of Understanding was signed between the government of Thailand and the Burmese military regime for the development of the Dawei Deep Seaport and Road link to Bangkok In November 2010 Italian-Thai Development announced that on November 2 it had "signed the Framework Agreement with the Myanmar Port Authority, Ministry of Transport of the Union of Myanmar to develop the "Dawei Deep Sea Port, Industrial Estate and Road Link to Thailand." In a one-page summary translation of the agreement Italian-Thai Development state that:
The Company is granted the Build Operate and Transfer concession to develop the following projects in Dawei, the Union of Myanmar:
1) A deep sea port
2) An industrial estate and heavy industries such as a steel mill, fertilizer plant, power plant and other utility services
3) A cross-border road, rail and pipeline link from the Designated Area in Dawei District to Thailand at Pu Nam Ron, Kanchanaburi Province.
4) Township for residential and commercial development and a tourism, resort and recreation complex. The company states that the agreement is for 60 years "plus an extension period as agreed upon" with phases of the project to be subject to a "on each detailed project development plan."
The "Dawei Deep Sea Port , Industrial Estate and Road Link to Thailand" is an example of ...
A- joint venture
B - BOT
C - licensing agreement
D - Greenfield WOS

3 - Venezuela's state oil company has purchased ConocoPhillips' 40 percent stake in a joint natural gas venture with Chevron Corp. Terms of the deal announced late Friday were not disclosed. State-run Petroleos de Venezuela SA, or PDVSA, said it will now team up with Chevron to exploit the reserves in that area of Venezuela's Deltana Platform. PDVSA will control 61 percent of the joint venture, and Chevron 39 percent.

Some 7 trillion cubic feet of natural gas reserves have been discovered, and the project is expected to produce some 750 million cubic feet per day. Scott Walker said the San Ramon, California-based company is pleased with the deal. "We look forward to working with PDVSA on developing this project," Walker said in an e-mailed statement.

From Chevrons' perspective this is a ____________ joint venture.

A - minority

B - majority

C - 50/50

D - Turnkey

4- The following statements are true about companies using a "First Mover" strategy except for...

A - First movers may erect significant entry barriers such as high switching costs

B - First movers save money from the novelty effect of being the first company to offer a product or service in a country.

C - First movers use pre-emptive strategies to block access to suppliers and distributors by late entrants

D - First movers gain advantage through proprietary technologies

6 - The name "champagne" is legally protected by the treaty of Madrid. Labeling must pass regulations by Comite Interprofessional du Vin de Champagne. Anything else produced outside this region is called sparkling wine. This denomination and protection is an example of _____ arbitrage.

A - economic

B - geographical

C - cultural

D - administrative

7 - Augustin Depardon, marketing director of exclusive French cognac Louis XIII, explained that high-net-worth customers buy his brand so they can participate in its "culture, history, and legend" - a legacy of refinements immune to the passage of time and trends. "In many luxury brands, you not only sell the product but also sell the story," Depardon said. If we were to change the recipe, we will lose our soul," he says of his cognac, some of which was bottled on the eve of WWI.

The above passage illustrates how a company can take advantage of _____ arbitrage.

A - economic

B - administrative

C - cultural

D - geographical

Explanation / Answer

1. The Company is granted the Build Operate and Transfer concession to develop a deep sea port projects in Dawei, the Union of Myanmar. So the correct option is A.

2. The "Dawei Deep Sea Port , Industrial Estate and Road Link to Thailand" is an example of Joint Venture. So the correct option is A.

3. From Chevrons' perspective this is a minority joint venture. So the correct option is A.

4. The following statements are true about companies using a "First Mover" strategy except for first movers may erect significant entry barriers such as high switching costs. So the correct answer is A.

I had answered first 4 questions, for rest upload it as separate question

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