This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 55 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 55 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What are good ways to measure an economic's productivity? A) Gross Domestic Product (GDP). B) Consumer Price Index (CPI). C) Income. D) All three listed answers are correct. Show Answer Correct Answer: D) All three listed answers are correct. 2. Based on the table of selected multilateral organizations, which organization is responsible for global climate change policy? A) Kyoto Agreement, Paris Agreement. B) World Bank. C) UN. D) WTO. Show Answer Correct Answer: A) Kyoto Agreement, Paris Agreement. 3. What is one way a firm can enhance its efficiency through FDI? A) By accessing cheap labor and locating activities close to customers. B) By increasing advertising in domestic markets. C) By hiring more local employees. D) By reducing the number of products offered. Show Answer Correct Answer: A) By accessing cheap labor and locating activities close to customers. 4. What country is the city of York in? A) The United States. B) England. C) Japan. D) Canada. Show Answer Correct Answer: B) England. 5. All of them are the implantation of culture cluster theory across countries except: A) Employee management. B) Marketing promotion. C) Area product design. D) Market expansion. Show Answer Correct Answer: B) Marketing promotion. 6. A business strategy that involves selling products and services in different foreign markets without changing the characteristics of the product/service to accommodate the cultural norms or customs of the various markets. A) Multi-National Strategy. B) Multi-Domestic Strategy. C) Comparative Advantage. D) Uni-Lateral Strategy. Show Answer Correct Answer: A) Multi-National Strategy. 7. 1 USD is equal to ..... AED. A) 5.75. B) 3.67. C) 2.50. D) 10000. Show Answer Correct Answer: B) 3.67. 8. In the language of international trade placing order for goods is known as ..... A) Import. B) Export. C) Indent. D) Purchase. Show Answer Correct Answer: C) Indent. 9. Is this message clear enough to act on? " please send the report soon" A) Yes it's clear. B) No it's not clear. C) Yes, but only in Thailand. D) It depends on the relationship. Show Answer Correct Answer: B) No it's not clear. 10. Which one of the following is not TRUE about exporting mode of foreign market entry? A) Increases overall sales volume. B) Increases economies of scale. C) Exporting protects the firm against fluctuations in exchange rates. D) Diversifies customer base. Show Answer Correct Answer: C) Exporting protects the firm against fluctuations in exchange rates. 11. ..... is mostly home-based organization, located in the manufacturer's country, which is involved in the export of products that the manufacturer has produced A) Export house. B) Import house. C) Firm. D) Global. Show Answer Correct Answer: A) Export house. 12. What are some examples of international trade alliances? A) NATO, APEC, G7. B) NAFTA, EU, ASEAN. C) WTO, IMF, G20. D) OPEC, BRICS, UN. Show Answer Correct Answer: B) NAFTA, EU, ASEAN. 13. What does a Herfindahl-Hirschman Index (H) below 0.15 (or 1, 500) indicate? A) High concentration. B) Moderate concentration. C) Unconcentrated index. D) Highly competitive index. Show Answer Correct Answer: C) Unconcentrated index. 14. Which strategy is make sense when there are low cost pressures and low pressures for local responsiveness? A) Localization strategy. B) Global standardization strategy. C) Transnational strategy. D) International strategy. Show Answer Correct Answer: D) International strategy. 15. If a person is only a hiker, is he considered an international tourist? A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 16. International tourism includes inbound tourism and outbound tourism A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 17. Which is the right sequence of a stages of Internationalization A) Domestic, Transnational, Global, International, Multinational. B) Domestic, International, Multinational, Global, Transnational. C) Domestic, Multinational, International, Transnational, Global. D) Domestic, International, Transnational, Multinational, Global. Show Answer Correct Answer: B) Domestic, International, Multinational, Global, Transnational. 18. What is experiential knowledge in the context of internationalization? A) Knowledge learned by reading textbooks. B) Knowledge learned by engaging in the activity and context. C) Knowledge learned from advertisements. D) Knowledge learned from competitors. Show Answer Correct Answer: B) Knowledge learned by engaging in the activity and context. 19. Can people produce all their needs? A) Yes. B) No. C) All the above. D) None of the above. Show Answer Correct Answer: B) No. 20. "Please revise accordingly." Why is this risky in international business? A) It sounds rude. B) "Accordingly" is vague. C) It is too long. D) It shows authority. Show Answer Correct Answer: B) "Accordingly" is vague. 21. Which of the following is a case of international EXPORTS? A) The Velasco Co. of the U.S. ships 20 truckloads of seafood to Canada. B) The Lamando retail firm of France decides to expand to the U.K. and purchases a large plot of land. C) BBN Bank of Canada sends $ 30 million to its subsidiary in the Bahamas. D) All are examples. Show Answer Correct Answer: A) The Velasco Co. of the U.S. ships 20 truckloads of seafood to Canada. 22. Apa yang dimaksud dengan "Tariffs" dalam kebijakan perdagangan? A) Pembatasan impor. B) Pajak atas barang impor. C) Subsidi untuk produsen lokal. D) Larangan ekspor. Show Answer Correct Answer: B) Pajak atas barang impor. 23. UNIT 2:ABOUT YOUR JOBDirection:Choose the best answer.'Accounts Manager' A) Name. B) Company. C) City. D) Position. Show Answer Correct Answer: D) Position. 24. The is an intergovernmental organization that aims to maintain international peace and security, develop friendly relations among nations, achieve international cooperation, and be a center for harmonizing the actions of nations. A) The Caribbean Basin Initiative (CBI). B) World Health Organization (WHO). C) United Nations (UN). D) North American Free Trade Agreement (NAFTA). Show Answer Correct Answer: C) United Nations (UN). 25. Ethical issues can arise when environmental regulations in host nations are inferior to those in the home nation. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. ← 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