This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 30 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 30 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Key controllable factors in global marketing are: A) Government policy and legislation. B) Social and technical changes. C) Marketing activities and plans. D) All of the above. Show Answer Correct Answer: C) Marketing activities and plans. 2. Which of the following is a major driver of international business growth? A) Political isolation. B) Economic protectionism. C) Trade liberalization. D) Decreased global communication. Show Answer Correct Answer: C) Trade liberalization. 3. What are the different global market entry strategies? A) Exporting, licensing, franchising, joint ventures, and direct investment. B) Importing, leasing, outsourcing, strategic alliances, and indirect investment. C) Importing, leasing, outsourcing, strategic alliances, and indirect investment. D) Importing, leasing, outsourcing, strategic alliances, and indirect investment. Show Answer Correct Answer: A) Exporting, licensing, franchising, joint ventures, and direct investment. 4. 59) An example of a U.S. merchandise import is an automobile made in ..... and sold ..... A) The United States by a Japanese company; in the United States. B) The United States by a Japanese company; outside the United States. C) Japan by a Japanese company; in the United States. D) Japan by a U.S. company; outside the United States. Show Answer Correct Answer: C) Japan by a Japanese company; in the United States. 5. Finish the sentence:I am an engineer. I am in the engineering ..... A) Department. B) Apartment. C) Deployment. D) Deposition. Show Answer Correct Answer: A) Department. 6. What is a potential benefit of foreign direct investment (FDI) for local businesses? A) Decreased market competition. B) Access to new technologies. C) Reduced export opportunities. D) Increased regulatory hurdles. Show Answer Correct Answer: B) Access to new technologies. 7. "E-commerce" refers to: A) Electronic commerce through digital platforms. B) Commerce between large companies. C) Selling products at low cost. D) Trade of eco-friendly products. Show Answer Correct Answer: A) Electronic commerce through digital platforms. 8. How would you evaluate the importance of market entry strategies for a multinational corporation? A) They are irrelevant in global marketing. B) They determine the success of entering and sustaining in a new market. C) They focus only on reducing costs. D) They are only applicable to small businesses. Show Answer Correct Answer: B) They determine the success of entering and sustaining in a new market. 9. As an UK company, starting a phone business in India, which of the following cultural barriers might you face? A) Market entry. B) Transaction complexity. C) Ignorance of emerging markets. D) All of these. Show Answer Correct Answer: D) All of these. 10. Which gaming console became one of the most in-demand Christmas gifts during its launch season? A) Nintendo Wii. B) PlayStation 2. C) Xbox 360. D) Game Boy Color. Show Answer Correct Answer: A) Nintendo Wii. 11. Seraong penengah dapat melakukan dua jenis hubungan, langsung dan tidak langsung. Yang manakah yang dapat melakukan hubungan langsung? A) Commercial Banks. B) Government Banks. C) Investment Banks. D) Central Banks. Show Answer Correct Answer: C) Investment Banks. 12. What does regionalism refer to? A) A) Favoring local supplies rather over international. B) B) Formation of economic agreements between countries within a specific geographic region. C) C) Standardizing products for global market. D) B and C. Show Answer Correct Answer: B) B) Formation of economic agreements between countries within a specific geographic region. 13. Why might a UAE company outsource its customer service to another country? A) To expand globally. B) To reduce costs and increase efficiency. C) To build a joint venture. D) To license its brand. Show Answer Correct Answer: B) To reduce costs and increase efficiency. 14. Identify the importance of International Business A) Expanding sales. B) Distance barrier. C) Difference in Law. D) To spread business risks. Show Answer Correct Answer: D) To spread business risks. 15. Which of the following is NOT a driving force of globalization? A) Technological advancements. B) Political stability. C) Cultural exchange. D) Protectionist policies. Show Answer Correct Answer: D) Protectionist policies. 16. Selling goods and services to another country is considered? A) Exporting. B) Reseller. C) Eksporting. D) Importing. Show Answer Correct Answer: A) Exporting. 17. Expatriate managers located in cultures characterized by ..... have noticed that local employees are highly motivated by retirement programs. A) Low uncertainty avoidance. B) High future orientation. C) Low masculinity. D) High power distance. Show Answer Correct Answer: B) High future orientation. 18. In international business, miscommunication can cause loss of trust, damaged relationships, and loss of business. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 19. ..... involves cross-border transactions of goods and services between two or more countries A) International business. B) Domestic market. C) Inter state market. D) None of them are true. Show Answer Correct Answer: A) International business. 20. Resources available = 200 units for each countryProduction in GhanaCocoa = 10 tonsRice = 5 tonsProduction in South KoreaCocoa = 2.5 tonsRice = 10 tonsQuestion:South Korea has the absolute advantage in producing which product? A) Cocoa. B) Rice. C) All the above. D) None of the above. Show Answer Correct Answer: B) Rice. 21. North American Free Trade Agreement (NAFTA) A) Agreement that created a free-trade area among the United States, Canada, and Mexico. B) A permanent global institution to promote international trade and to settle international trade disputes. C) Is a company that conducts business in only one country, which is known as the home country. D) None of the above. Show Answer Correct Answer: A) Agreement that created a free-trade area among the United States, Canada, and Mexico. 22. According to Adam Smith, the trade between countries should happen ..... A) Naturally according to the market forces. B) Under government regulation. C) Using factors that are available. D) Only when a country has an absolute advantage. Show Answer Correct Answer: A) Naturally according to the market forces. 23. Performa Invoice is issued by the- A) Shipping company of importer. B) Exporter to importer. C) Importer to exporter. D) Exporter to the shipping company. Show Answer Correct Answer: B) Exporter to importer. 24. ..... is one of the element of culture? A) Reading. B) Writing. C) Technology. D) Food. Show Answer Correct Answer: D) Food. 25. What type of strategy adapts products to suit local preferences? A) Global Strategy. B) Multinational Strategy. C) Retrenchment Strategy. D) Combination Strategy. Show Answer Correct Answer: B) Multinational Strategy. ← 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