This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 64 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 64 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Toilet paper would be considered a . A) Convenience Good. B) Shopping Good. C) Specialty Good. D) Utility Good. Show Answer Correct Answer: A) Convenience Good. 2. Trade barrier-are government-induced restrictions on national trade. According to the theory of comparative advantage, trade barriers are detrimental to the world economy and decrease overall economic efficiency. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 3. Cash A) Cuenta corriente. B) Balance. C) Dinero en efectivo. D) None of the above. Show Answer Correct Answer: C) Dinero en efectivo. 4. The ..... may, from time to time, formulate and announce, by notification in the Official Gazette, the export and import policy A) State government. B) Central government. C) Both a & b. D) None of the above. Show Answer Correct Answer: B) Central government. 5. Which of the following is an example of globalization? A) A business that has multiple branches. B) A business that has multiple owners. C) A business that has its headquarters and factories in different countries. D) None of the above. Show Answer Correct Answer: C) A business that has its headquarters and factories in different countries. 6. What is the first stage in the strategy formulation process? A) Formulate Strategy. B) Identify Business Environment. C) Identify Core Competency. D) Identify Company Mission And Goals. Show Answer Correct Answer: D) Identify Company Mission And Goals. 7. Diamonds mined in South Africa are used to make rings in the UAE A) Import. B) Export. C) All the above. D) None of the above. Show Answer Correct Answer: A) Import. 8. The US can produce 1 ton of sugar using 4 acres of land, or they can produce 1 ton of avocados using 6 acres. Ecuador can produce 1 ton of sugar using 5 acres of land or 1 ton of avocados using 4 acres. Which country should produce avocados? A) Ecuador. B) US. C) Not enough information. D) None of the above. Show Answer Correct Answer: A) Ecuador. 9. Target market means ..... A) Who a company advertises to. B) How and where a company advertises. C) What day and time a company advertises. D) What time a company advertises a product. Show Answer Correct Answer: A) Who a company advertises to. 10. Which of the following FDI-based modes provides the highest degree of equity control and is associated with internal (organic) resource growth? A) Wholly owned Greenfield. B) Partial Acquisition. C) Newly created Joint Venture. D) Full Acquisition. Show Answer Correct Answer: A) Wholly owned Greenfield. 11. The UK relies on common law instead of a written constitution, as stated by the speaker. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: A) TRUE. 12. Apa alasan lain yang membuat negara-negara mempromosikan kepentingan produsen domestik dalam perdagangan internasional? A) Untuk meningkatkan konsumsi. B) Untuk alasan keamanan nasional. C) Untuk mengurangi efisiensi. D) Untuk mengurangi pertumbuhan ekonomi. Show Answer Correct Answer: B) Untuk alasan keamanan nasional. 13. When one country refuses to trade with another country because of political or infringements of human rights it is called: A) Standard of care. B) Subsidysubsidy. C) Embargo. D) Revenue tariff. Show Answer Correct Answer: C) Embargo. 14. What is the significance of committing to diversity and inclusion in global markets? A) To ensure that all employees are from the same background. B) To tap into the potential of local talent and ensure representation. C) To reduce costs associated with hiring diverse teams. D) To maintain a uniform company culture across all locations. Show Answer Correct Answer: B) To tap into the potential of local talent and ensure representation. 15. How does Unilever balance global integration with local responsiveness? A) By maintaining a core set of global brands while customizing others. B) By offering the same products worldwide. C) By focusing only on local market needs. D) By replicating its home country business model. Show Answer Correct Answer: A) By maintaining a core set of global brands while customizing others. 16. N-11 A) The least most powerful countries in the world. B) The next up and coming countries in the world. C) The most powerful 11 countries in the world. D) None of the above. Show Answer Correct Answer: B) The next up and coming countries in the world. 17. Which of the following is NOT a risk associated with international business? A) Economic risk. B) Social risk. C) Cultural risk. D) Environmental risk. Show Answer Correct Answer: D) Environmental risk. 18. A company is planning to sell the rights to its brand name for use in other countries. This is an example of a A) Joint venture. B) Trade agreement. C) Franchise. D) Licensing agreement. Show Answer Correct Answer: D) Licensing agreement. 19. Selling abroad, either directly to target customers or indirectly by retaining foreign sales agents or/and distributors. A) Licensing. B) Franchising. C) Exporting. D) Manufacturers. Show Answer Correct Answer: C) Exporting. 20. Exporting generates ..... foreign-exchange earnings for nations. A) Enormous. B) Small. C) Even. D) None of the above. Show Answer Correct Answer: A) Enormous. 21. Berikut adalah produk global dari Indonesia, KECUALI A) California Fried Chicken. B) Kopiko. C) Wakai. D) Danone. Show Answer Correct Answer: D) Danone. 22. Bagaimana arsitektur organisasi dapat mempengaruhi kinerja bisnis internasional? A) Meningkatkan kualitas produk dan layanan. B) Memperluas wilayah geografis perusahaan. C) Menentukan tujuan finansial perusahaan. D) Memperluas jaringan pemasaran di pasar lokal. Show Answer Correct Answer: A) Meningkatkan kualitas produk dan layanan. 23. UNIT 1:ABOUT YOUDIALOGUEA: ..... B:I'm a sales representative. A) What's your job description?. B) Who do you work for?. C) What do you do?. D) Where's your work?. Show Answer Correct Answer: C) What do you do?. 24. GATT (General Agreement on ..... ) A) Traps and Trade. B) Tariffs and Trade. C) Tariffs and Tans. D) Tariffs and Taxes. Show Answer Correct Answer: B) Tariffs and Trade. 25. An agreement between two nations A) Trade Barrier. B) Franchise. C) Bilateral Agreement. D) Multilateral Agreement. Show Answer Correct Answer: C) Bilateral Agreement. ← 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