Class 11 Business Studies Chapter 10 International Business Quiz 27 (60 MCQs)

Quiz Instructions

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1. Which of the following is NOT a risk associated with international business?
2. A company is planning to sell the rights to its brand name for use in other countries. This is an example of a
3. Selling abroad, either directly to target customers or indirectly by retaining foreign sales agents or/and distributors.
4. Exporting generates ..... foreign-exchange earnings for nations.
5. Berikut adalah produk global dari Indonesia, KECUALI
6. Bagaimana arsitektur organisasi dapat mempengaruhi kinerja bisnis internasional?
7. UNIT 1:ABOUT YOUDIALOGUEA: ..... B:I'm a sales representative.
8. GATT (General Agreement on ..... )
9. An agreement between two nations
10. Transnational firms aim to balance:
11. Which of the following is NOT a form of political risk in international business?
12. The Triad refers to global transactions between which regions?
13. UNIT 1:ABOUT YOUVocabulary:a/anWe're a ..... company.
14. The speaker described the typical British sense of humor as slapstick and exaggerated.
15. Which company is ranked number one among the top 10 global franchises by system sales?
16. What is the primary advantage of a matrix organizational structure for multinational firms?
17. David Ricardo's theory of comparative advantage explains global trade in terms of the .....
18. Bagaimana biaya produksi lokal mempengaruhi keputusan perusahaan dalam memilih sumber pasokan?
19. Italy has more paid time off than Norway
20. What is the definition of globalization?
21. The South African government tries to reduce inequality and the concentration of power through
22. *Originating from the 1960s as part of the Toyota Production System, ..... aims to create fail-safes and prevent human error where possible. It's usually a mechanism or added step built into the process to alert the operator of a mistake that needs immediate corrective or preventive action.
23. What is a stock index?
24. Needs that exist when the tastes and preferences of consumers in different nations are similar if not identical are called Universal needs
25. Which of the following is not an advantage of exporting?(a) Easier way to enter into international markets(b) Comparatively lower risks(c) Limited presence in foreign markets(d) Less investment requirements
26. A country should produce a commodity in which it has the greatest advantage.
27. Which of the following companies is MOST LIKELY to adopt a geographic-based structure?
28. What type of economy is characterized by government control over resources?
29. Which makes foreign goods costlier in terms of the domestic currency and thus it discourages imports
30. What does the concentration ratio measure in an industry?
31. International business is:
32. Which of the following is one of the four attributes present in Porter's diamond?
33. Income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes is known as .
34. Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as:
35. What is the approach where consequences determine the moral worth of actions or practices?
36. True or FalseJoint ventures are not very popular for manufacturing
37. By what other name is capitalism often referred?
38. A tax that can be used as a trade barrier is the
39. What is not one of the "principles of economics" formulated by Gregory Mankiw?
40. This country's largest companies include:Adidas, Bayer, and BMW.
41. Which two countries joined the European Union in 2007?
42. Explain the concept of comparative advantage in trade.
43. ''A stage of regional integration in which the member countries agree to adopt common tariff and nontariff barriers on imports from non-member countries" this statement is best explain on .....
44. Identify THREE entry strategies in Global Business from the options below.
45. Which strategic goal is associated with seeking strong market demand and customers willing to pay?
46. What is a Trade Treaty?
47. What does LDC stand for in international trade barriers?
48. Which of the following is a form of trade barrier?
49. Government-sponsored agencies that provide insurance or guarantees to protect exporters against the risk of non-payment from foreign buyers are called .....
50. What is a key component of an international marketing strategy?
51. It is the birth certificate of the goods being shipped and indicates the country of origin.
52. Bagaimana keputusan produksi global dan pengelolaan rantai pasokan dapat mempengaruhi daya saing perusahaan global?
53. Which one of the following is not a part of the export document
54. What does PESTEL analysis help managers with?
55. This country is bordered by Bangladesh, Bhutan, Burma, China, Nepal, and Pakistan.
56. ..... occurs when a firm invests directly in facilities to produce and/or market a product in a foreign country.
57. Facilities and distribution strategy where the company sets up small logistics plants in urban areas to approximate the products to the customers
58. The social behavior and norms found in human societies, as well as the knowledge, beliefs, arts, laws, customs, capabilities, and habits of the individuals in these groups.
59. International business is also known as
60. Foreign direct investment can provide a foreign company:new markets and marketing channels.