This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 44 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 44 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Some host countries impose restrictions on the repatriation of profits, dividends, and capital, limiting a company's ability to freely transfer funds back to the home country. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 2. Restate words from one language into another language A) Export. B) Translate. C) Resource. D) Negotiate. Show Answer Correct Answer: B) Translate. 3. Products purchased after consumers compare brands and stores are known as . A) Convenience Goods. B) Shopping Goods. C) Specialty Goods. D) Utility Goods. Show Answer Correct Answer: B) Shopping Goods. 4. The concept of face translates roughly to A) How someone looks. B) Duty, sincerity, and loyalty. C) Honesty, ethics, and morals. D) Honor, good reputation, or respect. Show Answer Correct Answer: D) Honor, good reputation, or respect. 5. What is the primary role of the IMF? A) Promoting international monetary cooperation and providing temporary financial assistance to countries with balance of payments problems. B) Regulating global trade agreements. C) Monitoring climate change impacts. D) Enforcing peace treaties between nations. Show Answer Correct Answer: A) Promoting international monetary cooperation and providing temporary financial assistance to countries with balance of payments problems. 6. Mengapa kualitas produk lokal memainkan peran penting dalam keputusan perusahaan dalam memilih sumber pasokan? A) Kualitas produk lokal yang tinggi mendorong perusahaan untuk memilih pasokan dalam perusahaan. B) Kualitas produk lokal yang rendah mendorong perusahaan untuk mencari pemasok asing. C) Kualitas produk lokal tidak mempengaruhi keputusan perusahaan dalam memilih sumber pasokan. D) Semua jawabansalah. Show Answer Correct Answer: A) Kualitas produk lokal yang tinggi mendorong perusahaan untuk memilih pasokan dalam perusahaan. 7. Which of the following best describes "globalization" ? A) The isolation of national economies. B) The integration of markets, cultures, and economies. C) The dominance of local businesses. D) The regulation of trade by governments. Show Answer Correct Answer: B) The integration of markets, cultures, and economies. 8. Expanding to international business will create more jobs A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 9. From microeconomic theories of internationalization chose one that stipulates that the advantage comes from a unique configuration of resources and way they are used: A) THEORY OF MONOPOLISTIC ADVANTAGES. B) INTERNALIZATION THEORY. C) LOCATION THEORY. D) ECLECTIC THEORY OF INTERNATIONAL PRODUCTION. Show Answer Correct Answer: A) THEORY OF MONOPOLISTIC ADVANTAGES. 10. Which is not a function of primary activities A) Research and Development. B) Customer service. C) Human Resources. D) Marketing and Sales. E) Production. Show Answer Correct Answer: C) Human Resources. 11. What is the significance of joint ventures in international business? A) Increased market reach. B) Decreased risk. C) Isolation from global markets. D) Reduction in innovation. Show Answer Correct Answer: A) Increased market reach. 12. Universal needs exist in conventional commodity (gasoline) and industrial and consumer products (smartphones). A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 13. EFTA, NAFTA, AFTA is the example of ..... A) Political union. B) Economic union. C) Common market. D) Free trade. Show Answer Correct Answer: D) Free trade. 14. Less-developed countries (LDCs) are generally characterized by: A) High per-capita income. B) Advanced economic development. C) Low per-capita income. D) Large-scale industrialization. Show Answer Correct Answer: C) Low per-capita income. 15. When a country's imports exceed its exports, this is a trade A) Surplus. B) Deficit. C) Exchange. D) Balance. Show Answer Correct Answer: B) Deficit. 16. A partial refund to someone for the purchase of a good or service. The refund is distributed after the sale at a later time. A) Advertising. B) Advertising Agency. C) Publicity. D) Rebate. Show Answer Correct Answer: D) Rebate. 17. European businesses often use "whilst" in formal documentation, while American businesses prefer ..... ? A) During. B) While. C) When. D) As. Show Answer Correct Answer: B) While. 18. VER refers to ..... A) Voluntary Export Restraints. B) Voluntary Export Reserves. C) Voluntary Export Registration. D) Voluntary Export Renewal. Show Answer Correct Answer: A) Voluntary Export Restraints. 19. How does the British Chambers of Commerce support international business? A) By providing networking opportunities. B) By offering financial assistance. C) By facilitating trade agreements. D) By organizing cultural exchange programs. Show Answer Correct Answer: A) By providing networking opportunities. 20. Which of the following is NOT a mode of entry into international markets? A) Franchising. B) Licensing. C) Subsidizing. D) Joint Venture. Show Answer Correct Answer: C) Subsidizing. 21. UNIT 1:ABOUT YOUTELEPHONE NUMBERSOh one oh six two double four double eight A) 010622488. B) 010624488. C) 016624488. D) 011624488. Show Answer Correct Answer: B) 010624488. 22. Which of the following is a benefit of MNCs? A) Cultural erosion. B) Regulatory loopholes. C) Technology transfer. D) Repatriation of profits. Show Answer Correct Answer: C) Technology transfer. 23. "Rajiv an exporter sent complete information about the quality, grade, size, weight, type of packing about the product on his enquiry" .Such an above quotation prepared is known as- A) Performa invoice. B) Intent. C) Letter of information. D) Enquiry performa. Show Answer Correct Answer: A) Performa invoice. 24. What is a disadvantage of franchising as an international market entry mode? A) High development costs. B) Risk of losing control over quality. C) Difficulty avoiding import barriers. D) Limited sales potential. Show Answer Correct Answer: B) Risk of losing control over quality. 25. According to product life cycle, price premium will always be in A) The USA. B) Europe. C) Asia. D) None of the above. Show Answer Correct Answer: A) The USA. ← 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