This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 47 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 47 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Companies seeking finance for foreign investments can secure funds through equity investments, loans, or joint ventures with local partners in the target country. This is called ..... A) Foreign Direct Investment (FDI). B) Foreign Portfolio Investment (FPI). C) Export Financing. D) Trade Credit. Show Answer Correct Answer: A) Foreign Direct Investment (FDI). 2. 63) A foreign direct investment occurs when ..... A) A company owns at least 25% of a foreign firm. B) A company has a controlling interest in a foreign company. C) Foreign ownership is in private rather than government securities. D) A foreign firm agrees to a licensing agreement with a large conglomerate. Show Answer Correct Answer: B) A company has a controlling interest in a foreign company. 3. STEP 4:Analyzing org.'s resources & capacityWhat are these resources & capacities? Financial, Physical, Technology, ..... and Human resource A) Reputation. B) Economical. C) Money. D) Environment. Show Answer Correct Answer: A) Reputation. 4. How can overseas trade contribute to increased profit? A) By reducing the volume of products sold. B) By decreasing the efficiency of operations. C) By increasing the volume of products sold. D) By raising the prices of products. Show Answer Correct Answer: C) By increasing the volume of products sold. 5. When a country has the ability to produce a product at a lower opportunity cost than another country. A) Comparative Advantage. B) Favorable Advantage. C) Absolute Advantage. D) Positive Net Export. Show Answer Correct Answer: A) Comparative Advantage. 6. Creation of international business strategy is ..... : A) LINEAR PROCESS. B) ONLY INTERNAL FACTORS ORIENTED. C) MULTI-STAGE PROCESS. D) ONLY EXTERNAL FACTORS ORIENTED. Show Answer Correct Answer: C) MULTI-STAGE PROCESS. 7. Governments privatize their state-owned companies to A) Provide tax incentives to their exporting companies. B) Make these companies more efficient and profitable. C) Create free-trade agreements. D) Establish foreign-trade zones. Show Answer Correct Answer: B) Make these companies more efficient and profitable. 8. How many primary goals does the European Single Act have? A) 7. B) 6. C) 5. D) 4. Show Answer Correct Answer: B) 6. 9. This looks like a ..... strategy to help us improve the quality of our company A) FIRM. B) BUSINESS. C) SELL. D) PRODUCT. Show Answer Correct Answer: A) FIRM. 10. True or False:A trade barrier is something that blocks or hinders trade from happening? A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 11. There is an agreement whereby a firm, called a licensor, grants a foreign firm the right to use the intangible (intellectual) property for a specific period of time, usually in return for a royalty. A) Licensing. B) Franchising. C) Exporting. D) Foreign direct investment. Show Answer Correct Answer: A) Licensing. 12. If I am buying a product internationally am I an Importer or Exporter. A) Importer. B) Exporter. C) All the above. D) None of the above. Show Answer Correct Answer: A) Importer. 13. What is the significance of branding in international marketing? A) Branding is crucial for establishing identity, building loyalty, and differentiating products in international markets. B) Branding has no impact on customer perception. C) Branding is solely about logo design. D) Branding is only important for local markets. Show Answer Correct Answer: A) Branding is crucial for establishing identity, building loyalty, and differentiating products in international markets. 14. Government Incentives A) Benefits. B) Limitations. C) All the above. D) None of the above. Show Answer Correct Answer: A) Benefits. 15. Is the following an advantage or a disadvantage of international business locations?"Avoiding import tariffs" A) Advantage. B) Disadvantage. C) All the above. D) None of the above. Show Answer Correct Answer: A) Advantage. 16. What is a major challenge in international business related to government? A) Stability of the government. B) The size of foreign governments. C) The age of political leaders. D) The number of political parties. Show Answer Correct Answer: A) Stability of the government. 17. In the United States crossing your fingers is a sign of wishing for good luck. In this country, the gesture is considered lewd. This country is also home to the Ho Chi Minh City Stock Exchange. A) Philippines. B) China. C) Vietnam. D) None of the above. Show Answer Correct Answer: A) Philippines. 18. Which of the following is an example of a primary activity in a firm's value chain? A) Information systems. B) Research and development. C) Logistics. D) Human relations. Show Answer Correct Answer: B) Research and development. 19. What is a common challenge faced by developing countries in international trade? A) High levels of foreign investment. B) Strong economic growth. C) Stable political environments. D) Debt crises. Show Answer Correct Answer: D) Debt crises. 20. Which organization enforces the provisions of GATT? A) IMF. B) WTO. C) UNCTAD. D) OECD. Show Answer Correct Answer: B) WTO. 21. In some cultures, you should not ask a business man about his wife and/or daughters. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: B) True. 22. What is the purpose of OPEC? A) Set the price of petroleum. B) Encourage the use of oil throughout the Middle East. C) Develop new ways to extract oil from the Earth. D) Increase the sale of petroleum in 1st world nations. Show Answer Correct Answer: A) Set the price of petroleum. 23. A control on the amount of a product that can be imported into a country. A) Quota. B) International. C) Negotiate. D) Free trade. Show Answer Correct Answer: A) Quota. 24. Which of the following is NOT a component of the international business environment? A) Legal Environment. B) Technological Environment. C) Cultural Environment. D) Political Environment. Show Answer Correct Answer: C) Cultural Environment. 25. For a host country that receives the investment, it cannot provide:a source of new technologies, capital, processes, products. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. ← 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