This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 29 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 29 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. UNIT 2:ABOUT YOUR JOB'OBJECT PRONOUNS'Does she like ..... (your ideas)? A) Him. B) Me. C) Us. D) It. Show Answer Correct Answer: D) It. 2. Yang bukan menjadi argumen politis suatu negara melakukan intervensi perdagangan nasional dibawah ini adalah ..... A) Menjaga Lingkungan dan Hak Asasi Manusia. B) Menjaga Produsen Lokal. C) Menjaga Industri yang masih "bayi". D) Menjaga Hubungan dengan Kekuatan Politik Tertentu. Show Answer Correct Answer: C) Menjaga Industri yang masih "bayi". 3. Which agreement established the WTO at the end of the Uruguay Round? A) Marrakesh Agreement. B) Doha Declaration. C) Tokyo Round Protocol. D) Paris Trade Accord. Show Answer Correct Answer: A) Marrakesh Agreement. 4. This country is NOT part of the Pacific Alliance free trade agreement. A) Ecuador. B) Mexico. C) Colombia. D) Chile. Show Answer Correct Answer: A) Ecuador. 5. Many of the ethical issues and dilemmas in international business are rooted in the fact that ..... vary/varies significantly from nation to nation. A) Political systems. B) Culture. C) Law. D) Economic development. E) All of these answers are correct. Show Answer Correct Answer: E) All of these answers are correct. 6. Protectionism policies such as tariffs and quotas are used because A) The government wants to make it harder for companies in other countries to compete with local companies. B) Consumers need to be protected from inferior or hazardous products. C) The country needs additional revenue. D) None of the above. Show Answer Correct Answer: A) The government wants to make it harder for companies in other countries to compete with local companies. 7. What is a supply chain? A) A supply chain is a network of organizations, resources, activities, and technology involved in the production, distribution, and delivery of goods and services to end consumers. B) A supply chain is a financial report detailing company profits and losses. C) A supply chain is a marketing strategy used to attract new customers. D) A supply chain is a type of computer software for graphic design. Show Answer Correct Answer: A) A supply chain is a network of organizations, resources, activities, and technology involved in the production, distribution, and delivery of goods and services to end consumers. 8. What does a low-cost leadership strategy focus on? A) Narrow market segment. B) Lowest cost structure. C) High-quality service. D) Unique product design. Show Answer Correct Answer: B) Lowest cost structure. 9. What is the term for the legal right granted to a company to use another company's brand, product, or process in exchange for a fee? A) Licensing. B) Franchising. C) Joint venture. D) Merger. Show Answer Correct Answer: B) Franchising. 10. International trade usually reduces the product choices available to consumers. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 11. You send a long email. The reply is one sentence.What is the safest interpretation? A) They are angry. B) They didn't read it. C) They understood differently. D) They agree with everything. Show Answer Correct Answer: C) They understood differently. 12. What is the culture element must be concern when setting the selling price in different countries A) Social structure. B) Silent language. C) Social distance. D) Religions. Show Answer Correct Answer: A) Social structure. 13. Comprises the planning tasks, control and all processes concerning the flow of goods and information between production companies and customers." A) Logistics. B) Procedures. C) Quality. D) Distribution and delivery. Show Answer Correct Answer: A) Logistics. 14. International trade and investment are vital drivers of ..... A) Company. B) Globalization. C) Economic growth. D) Investment. Show Answer Correct Answer: C) Economic growth. 15. A global firm that sells electronics and structures its international operations into 'Smartphones, ' 'Laptops, ' and 'Televisions' is an example of: A) Geographic form. B) Product form. C) Functional form. D) Matrix form. Show Answer Correct Answer: B) Product form. 16. Which constraint is most likely to affect SMIEs' ability to compete internationally? A) Large-scale production capabilities. B) High level of brand recognition. C) Limited financial and human resources. D) Extensive global supply chains. Show Answer Correct Answer: C) Limited financial and human resources. 17. An agreement between two or more companies to share a business project-this business is on a limited basis for control A) Licensing. B) Joint venture. C) Franchising. D) Infrastructure. Show Answer Correct Answer: B) Joint venture. 18. Which dimension reflects the extent to which a society values long-term commitments and respect for tradition over short-term gains? A) Uncertainty Avoidance. B) Long-term Orientation. C) Power Distance. D) Individualism-Collectivism. Show Answer Correct Answer: B) Long-term Orientation. 19. Which sector is likely to benefit from job creation due to capital-intensive exports? A) Importing country. B) Exporting country. C) Neighboring countries. D) Global market. Show Answer Correct Answer: B) Exporting country. 20. When visiting another country, you should practice their customs and beliefs even if it is harmful to your personal beliefs A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 21. Examples of political risk include A) Trade sanctions. B) Expropriation. C) Economic Nationalism. D) Civil Unrest or War. E) All of them. Show Answer Correct Answer: E) All of them. 22. If I am better at all types of production, I have the ..... In all forms of production. A) Comparative advantage. B) Specialization. C) Developed nation. D) Absolute advantage. Show Answer Correct Answer: D) Absolute advantage. 23. How is comparative advantage defined? A) You produce the things you are especially good at, and buy from others, the goods you are less efficient in producing. B) To produce and consume all goods without trade. C) How the world actually works. D) Globalization, growing economic linkages among countries. Show Answer Correct Answer: A) You produce the things you are especially good at, and buy from others, the goods you are less efficient in producing. 24. An e-commerce platform allows customers to shop seamlessly across mobile apps, websites, physical stores, and social media channels. This approach is called ..... ? A) Multichannel. B) Cross-platform. C) Omnichannel. D) Digital transformation. Show Answer Correct Answer: C) Omnichannel. 25. The lowering or elimination of protective tariffs and other trade barriers between two or more nations. A) Free trade. B) Protectionism. C) Balance of trade. D) None of the above. Show Answer Correct Answer: A) Free trade. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 10 International Business Quiz 1Class 11 Business Studies Chapter 10 International Business Quiz 2Class 11 Business Studies Chapter 10 International Business Quiz 3Class 11 Business Studies Chapter 10 International Business Quiz 4Class 11 Business Studies Chapter 10 International Business Quiz 5Class 11 Business Studies Chapter 10 International Business Quiz 6Class 11 Business Studies Chapter 10 International Business Quiz 7Class 11 Business Studies Chapter 10 International Business Quiz 8Class 11 Business Studies Chapter 10 International Business Quiz 9Class 11 Business Studies Chapter 10 International Business Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books