This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 49 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 49 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Post shipment finance can A) Pay ECGC premium. B) Undertake export promotion. C) Pay custom duty. D) All of the above. Show Answer Correct Answer: D) All of the above. 2. A few companies control the industry in this model: A) Monopoly. B) Pure Competition. C) Oligopoly. D) Competition. Show Answer Correct Answer: C) Oligopoly. 3. What strategy to implement when the firm is in a high-pressure local responsiveness and high-pressure cost reduction? A) Global Standardization. B) Transnational. C) Internationalization. D) Localization. Show Answer Correct Answer: B) Transnational. 4. What does the political environment in international business include? A) Government relationships. B) Cultural beliefs. C) Technological advancements. D) Market trends. Show Answer Correct Answer: A) Government relationships. 5. Which mode of international business is commonly used for online global shopping? A) E-commerce. B) Licensing. C) Joint ventures. D) Franchising. Show Answer Correct Answer: A) E-commerce. 6. What are the different types of Foreign Direct Investment (FDI)? A) Debt Financing. B) Portfolio Investment. C) 1. Greenfield Investment, 2. Mergers and Acquisitions, 3. Joint Ventures, 4. Horizontal FDI, 5. Vertical FDI. D) Real Estate Investment. Show Answer Correct Answer: C) 1. Greenfield Investment, 2. Mergers and Acquisitions, 3. Joint Ventures, 4. Horizontal FDI, 5. Vertical FDI. 7. How does the culture in Australia typically influence business practices compared to other regions? A) Emphasis on hierarchical structures. B) Preference for informal and direct communication. C) Focus on religious-based ethical guidelines. D) Strict adherence to traditional aesthetics. Show Answer Correct Answer: B) Preference for informal and direct communication. 8. UNIT 1:ABOUT YOUDIALOGUEA: ..... are you Eddie Young from BIT? B:No, I'm not. A) Hi!. B) Excuse me. C) How. D) My apologies. Show Answer Correct Answer: B) Excuse me. 9. Which of these is NOT a motive for entering foreign markets? A) Increase sales and profits. B) Protect markets and profits. C) Minimize exposure to international competition. D) Access to raw materials. Show Answer Correct Answer: C) Minimize exposure to international competition. 10. ..... has the authority to administrate foreign exchange in India. A) Commercial banks. B) Financial institutions. C) RBI. D) Money changers. Show Answer Correct Answer: C) RBI. 11. The best strategy for Dominos Pizza is A) International. B) Localization. C) Global standardization. D) Transnational. Show Answer Correct Answer: B) Localization. 12. Which of the following is a common argument in favour of tariffs? A) They reduce government revenue. B) They protect domestic industries. C) They increase foreign competition. D) They increase foreign competition. Show Answer Correct Answer: B) They protect domestic industries. 13. Which of the following is NOT one of the three entry strategies in global business? A) Exporting. B) Foreign Direct Investment (FDI). C) Licensing and Franchising. D) Import Substitution. Show Answer Correct Answer: D) Import Substitution. 14. Which of Hofstede's dimensions measures the degree to which individuals are integrated into groups and the importance of collective versus individual achievement? A) Individualism-Collectivism. B) Power Distance. C) Uncertainty Avoidance. D) Masculinity-Femininity. Show Answer Correct Answer: A) Individualism-Collectivism. 15. What are the different forms of foreign investment in the context of international business? A) Foreign direct investment (FDI), foreign portfolio investment (FPI), and international trade. B) Domestic investment, internal investment, external investment. C) Local investment, regional investment, global investment. D) National investment, continental investment, intercontinental investment. Show Answer Correct Answer: A) Foreign direct investment (FDI), foreign portfolio investment (FPI), and international trade. 16. ..... investments include everyday bank accounts, high interest savings accounts and term deposits A) Domestic. B) Global. C) Cash. D) All the above. Show Answer Correct Answer: C) Cash. 17. What is NOT true about "Profitability" ? A) Profitability = Revenue-Expenses. B) It is a relative measure. C) It indicates how profitable a business is. D) It can be measured by Rate on Investment. Show Answer Correct Answer: A) Profitability = Revenue-Expenses. 18. Which of the following is not a part of the 4 Ps of marketing? A) Product. B) Price. C) Process. D) Place. Show Answer Correct Answer: C) Process. 19. Apa yang dimaksud dengan quota rent? A) Keuntungan tambahan dari pembatasan kuota impor. B) Kerugian dari pembatasan kuota impor. C) Subsidi dari pembatasan kuota impor. D) Tarif dari pembatasan kuota impor. Show Answer Correct Answer: A) Keuntungan tambahan dari pembatasan kuota impor. 20. In Mercantilism theory, trade surplus condition is a situation where: A) Export = Import. B) Export > Import. C) Import < Export. D) Holding of gold/silver. Show Answer Correct Answer: B) Export > Import. 21. UNIT 1:ABOUT YOUSimple ExchangesA:Is Terry Maynard an accountant?B: ..... He's an IT manager. A) Yes, he is. B) Maybe, he is. C) No, he isn't. D) Yes, He isn't. Show Answer Correct Answer: C) No, he isn't. 22. Endowments used to produce goods and services:land (quantity, quality, and mineral resources beneath it), labor (quantity and skills), capital (cost), and technology (quality). A) Macroeconomics. B) Microeconomics. C) Trade surplus. D) Factors of production. Show Answer Correct Answer: D) Factors of production. 23. What are the types of international franchises? A) Territory model and property model. B) Unit model and master franchisee. C) All the above. D) None of the above. Show Answer Correct Answer: B) Unit model and master franchisee. 24. One possible disadvantage to businesses of globalisation is that: A) All products will become more expensive. B) There will be more international competition. C) There will be less choice and variety for their consumers. D) They will tend to produce on a small scale and this will raise costs. Show Answer Correct Answer: B) There will be more international competition. 25. Which of the following is a disadvantage of product-based structure? A) Lack of specialization. B) Higher cost due to duplication of resources. C) Weak local responsiveness. D) Lack of global brand consistency. Show Answer Correct Answer: B) Higher cost due to duplication of resources. ← 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