This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 80 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 80 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Identify the technological factors that affect foreign investment. A) High levels of taxation. B) Limited access to capital. C) Level of technological advancement, Availability of infrastructure, Presence of R&D facilities, Ease of doing business. D) Strict labor laws. Show Answer Correct Answer: C) Level of technological advancement, Availability of infrastructure, Presence of R&D facilities, Ease of doing business. 2. What are the components of international business A) Foreign trade. B) International trade. C) Foreign trade and international trade. D) None of the above. Show Answer Correct Answer: C) Foreign trade and international trade. 3. UNIT 2:ABOUT YOUR JOB'OBJECT PRONOUNS'Do you know ..... (Mrs. Levison, the manager)? A) Her. B) Him. C) It. D) You. Show Answer Correct Answer: A) Her. 4. A product-based structure can lead to duplication of marketing or production resources. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 5. Message sent across time zones: "Let's meet tomorrow morning." What is the problem? A) Too informal. B) Time is unclear. C) No agenda. D) Wrong channel. Show Answer Correct Answer: B) Time is unclear. 6. What is positive about your currency suddenly weakening? A) Your exports become cheaper. B) Demand for your commodities may rise. C) It may help government correct balance of paymentimbalances. D) All of the above. Show Answer Correct Answer: D) All of the above. 7. Which of the following is an example of a matrix organization? A) A startup with one owner. B) A multinational IT firm managing both products and regions. C) A local retail store. D) A family-owned restaurant. Show Answer Correct Answer: B) A multinational IT firm managing both products and regions. 8. What is a multidomestic strategy? A) A strategy focusing on extensive customization of products and marketing efforts for individual countries. B) A strategy emphasizing high integration and standardization. C) A strategy that seeks to achieve both global efficiency and local responsiveness. D) A strategy involving minimal adaptation in foreign markets. Show Answer Correct Answer: A) A strategy focusing on extensive customization of products and marketing efforts for individual countries. 9. A trade deficit means ..... A) Your country imports less than it exports. B) Your country exports less that it imports. C) Your country exports more than it imports. D) None of the above. Show Answer Correct Answer: B) Your country exports less that it imports. 10. *It describes the sequence of steps, and specifies for each step what needs to be done, often including when the ..... should be executed and by whom. A) Process. B) Procedures. C) All the above. D) None of the above. Show Answer Correct Answer: B) Procedures. 11. Which economic category includes newly industrializing economies? A) All of the above. B) Emerging economies. C) Less developed countries. D) Developed countries. Show Answer Correct Answer: B) Emerging economies. 12. What will happen, according to Paul Samuelson's critique, if a rich country enters into a free trade agreement with a poor country? A) Both the countries will incur losses due to the exchanges between them. B) The productivity of the poor country will decline rapidly. C) The poor country will rapidly improve its productivity. D) Both the countries will garner benefits from the exchanges between them. Show Answer Correct Answer: C) The poor country will rapidly improve its productivity. 13. What is a core competency? A) A special ability that is hard to match. B) A company's mission statement. C) A method of growth. D) A type of marketing strategy. Show Answer Correct Answer: A) A special ability that is hard to match. 14. Porter's 'National Competitive Advantage' (The Diamond Model) includes four attributes. Which of the following is NOT one of them? A) Factor Conditions. B) Demand Conditions. C) Firm Strategy, Structure, and Rivalry. D) Exchange Rate Volatility. Show Answer Correct Answer: D) Exchange Rate Volatility. 15. Which of the following is a reason for preferring domestic expansion over foreign expansion? A) Liability of outsidership associated with foreign expansion. B) Higher import tariffs in domestic markets. C) Lack of technological know-how. D) Limited access to natural resources. Show Answer Correct Answer: A) Liability of outsidership associated with foreign expansion. 16. What are the common reasons for conflicts that impact international trade? A) Cultural differences, cybersecurity threats, natural disasters. B) Trade barriers, intellectual property disputes, regulatory differences, currency manipulation, political tensions. C) Labor disputes, environmental regulations, technological advancements. D) Tariffs, supply chain disruptions, economic sanctions. Show Answer Correct Answer: B) Trade barriers, intellectual property disputes, regulatory differences, currency manipulation, political tensions. 17. Define the concept of intellectual property rights (IPR). A) Rights granted to individuals or organizations for their financial assets. B) Rights granted to individuals or organizations for their personal information. C) Legal rights granted to individuals or organizations for their creations or inventions. D) Rights granted to individuals or organizations for their physical property. Show Answer Correct Answer: C) Legal rights granted to individuals or organizations for their creations or inventions. 18. Apa yang dimaksud dengan customs union? A) Wilayah bebas perdagangan dan bea cukai antara negara-negara yang terlibat. B) Wilayah bebas pajak dan bea cukai antara negara-negara yang terlibat. C) Wilayah bebas imigrasi dan bea cukai antara negara-negara yang terlibat. D) Wilayah bebas keamanan dan bea cukai antara negara-negara yang terlibat. E) Wilayah bebas budaya dan bea cukai antara negara-negara yang terlibat. Show Answer Correct Answer: A) Wilayah bebas perdagangan dan bea cukai antara negara-negara yang terlibat. 19. International business primarily refers to transactions that involve A) Government-to-government contracts. B) Only exporting physical goods. C) Two or more countries interacting. D) Operations within one national boundary. Show Answer Correct Answer: C) Two or more countries interacting. 20. T/F:Tariff-earn revenue by reversing taxation on foreign goods: A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 21. What are goods? A) Bad things. B) Physical products. C) Things needed to survive. D) Good people. Show Answer Correct Answer: B) Physical products. 22. FPI differs from FDI primarily in: A) The level of management control. B) The type of industry. C) The time horizon. D) Government involvement. Show Answer Correct Answer: A) The level of management control. 23. The main content of today's lesson is: A) Guess?????. B) Uhhhh . C) Regional Economic Integration. D) I'm not sure:((((. Show Answer Correct Answer: C) Regional Economic Integration. 24. The Uppsala model describes internationalization as what kind of process for firms? A) Random diversification across far markets. B) Instant global entry via acquisitions. C) Single-stage leap based on price signals. D) Gradual expansion through experiential learning. Show Answer Correct Answer: D) Gradual expansion through experiential learning. 25. When your exports are greater than your imports, this exists? A) Trade deficit. B) Trade surplus. C) All the above. D) None of the above. Show Answer Correct Answer: B) Trade surplus. ← 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