This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 5 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 5 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is the ultimate goal of marketing? A) Identifying customers' needs and wants. B) Understanding a target market. C) Making a profit. D) Receiving valuable feedback from customers. Show Answer Correct Answer: C) Making a profit. 2. What drove Starbucks to start expanding internationally? A) To increase brand recognition and market share. B) To reduce operational costs. C) To focus on domestic market. D) To focus on international market. Show Answer Correct Answer: A) To increase brand recognition and market share. 3. What clause pattern that this sentence belong to?"In case, there are quality inferior and quantity deficiencies, party A will be responsible for resolving them as expeditiously as possible after party A receive the report made by party B within 10 days from the date of receiving goods" A) Main clause + main clause. B) Main clause in between two subordinate clauses. C) Subordinate clause + main clause. D) Subordinate + 2 main clauses. Show Answer Correct Answer: B) Main clause in between two subordinate clauses. 4. What is a common risk associated with entering foreign markets? A) Increased market share. B) Enhanced brand reputation. C) Political instability. D) Improved supply chain efficiency. Show Answer Correct Answer: C) Political instability. 5. Which of the following is used in connection with production and marketing of goods? A) Licencing. B) Franchising. C) Both Licencing and franchising. D) Neither licencing nor franchising. Show Answer Correct Answer: A) Licencing. 6. What is the advantage of direct distribution channels in international markets? A) Faster delivery to end consumers. B) Lower costs due to fewer intermediaries. C) Easier product adaptation. D) Simplified pricing strategies. Show Answer Correct Answer: B) Lower costs due to fewer intermediaries. 7. The theory of comparative cost advantage is given by A) David Ricardo. B) Adam Smith. C) F W Taussig. D) Ohlin and Heckscher. Show Answer Correct Answer: A) David Ricardo. 8. International Business course in Cracow University of Economics in 2024 was for me ..... : A) GREAT FUN. B) INTERESTING EXPERIENCE TO EXCEL MY COMPETENCES (KNOWLEDGE, SKILLS, ATTITUDE). C) LOST OF TIME. D) UNNECESSARY LOCATION OF RESOURCES. Show Answer Correct Answer: B) INTERESTING EXPERIENCE TO EXCEL MY COMPETENCES (KNOWLEDGE, SKILLS, ATTITUDE). 9. Immobility of labor among nations is A) Absolute. B) Relatively of a higher degree than among regions in the same country. C) Relatively easier than movement within the country. D) Of the same degree as within the country. Show Answer Correct Answer: B) Relatively of a higher degree than among regions in the same country. 10. Why is the IMF sometimes problematic for countries? A) It takes over the government. B) Its help comes with very tough conditions. C) It gives money without asking questions. D) It only helps rich countries. Show Answer Correct Answer: B) Its help comes with very tough conditions. 11. Which of the following trade policies limits specified quantity of goods to be imported at one tariff rate? A) Quota. B) Import tariff. C) Specific tariff. D) All of the above. Show Answer Correct Answer: A) Quota. 12. A set of behaviors, values and attitudes associated with a particular group of people A) Indirect Eye Contact. B) Etiquette. C) Sociability. D) Culture. Show Answer Correct Answer: D) Culture. 13. Licensing in international business means: A) Setting up a wholly owned subsidiary. B) Giving another firm the rights to use intellectual property. C) Purchasing raw materials from overseas. D) Hiring foreign employees. Show Answer Correct Answer: B) Giving another firm the rights to use intellectual property. 14. Why is it important to analyze the global marketing environment? A) To understand local consumer behavior. B) To identify country-specific risks and opportunities. C) To focus only on technological advancements. D) To avoid legal compliance. Show Answer Correct Answer: B) To identify country-specific risks and opportunities. 15. The interest rate payable on post shipment is lower than normal rate? A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 16. An ..... license is an express authorization by a given country's government to export a specific product before it is shipped. A) Import. B) Export. C) Quota. D) Customs. Show Answer Correct Answer: B) Export. 17. A(n) ..... is a citizen of one country who is working abroad in one of the firm's subsidiaries. A) International manager. B) Global citizen. C) Expatriate manager. D) Ethnocentric manager. Show Answer Correct Answer: C) Expatriate manager. 18. If a product is created by at least ..... % in America, it can be labeled "Made in America" . A) 25. B) 51. C) 45. D) 75. Show Answer Correct Answer: B) 51. 19. A business that has direct investments (in the form of marketing or manufacturing subsidiaries) abroad in several countries is called a ..... A) Shell corporation. B) Multinational corporation. C) Domestic corporation. D) Shell corporation. Show Answer Correct Answer: B) Multinational corporation. 20. People generally prefer little consultation between superiors and subordinates in cultures where ..... is high. A) Power distance. B) Fatalism. C) Individualism. D) Self actualisation. Show Answer Correct Answer: A) Power distance. 21. Which strategy is designed to mix growth, retrenchment, and stability? A) Global Strategy. B) Combination Strategy. C) Multinational Strategy. D) Focus Strategy. Show Answer Correct Answer: B) Combination Strategy. 22. Which of the following EPZs is located in Gujarat? A) Kandla. B) Santa Cruz. C) Falta. D) Cochin. Show Answer Correct Answer: A) Kandla. 23. Leapfrogging is typical for each of the following models of internationalization: A) MARKETING INTERNATIONALIZATION MODEL. B) SEQUENTIAL MODEL. C) NETWORK INTERNATIONALIZATION MODEL. D) SIMULTAN MODEL. Show Answer Correct Answer: D) SIMULTAN MODEL. 24. All of the choices are the concerning regarding to the different religion markets except: A) Product design. B) Promotion campaign. C) Words. D) Advertising clip story. Show Answer Correct Answer: B) Promotion campaign. 25. Business Transactions can be done in various ways: A) Licensing. B) Management Contracting. C) Franchising. D) All of the above. Show Answer Correct Answer: D) All of the above. ← 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 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 10Class 11 Business Studies Chapter 10 International Business Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books