This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 86 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 86 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of these is a challenge posed by MNCs? A) Skill development. B) Employment generation. C) Cultural erosion. D) Infrastructure investment. Show Answer Correct Answer: C) Cultural erosion. 2. Which of the following is a common constraint faced by Small and Medium-Sized International Enterprises (SMIEs) when expanding into international markets? A) Excessive market share. B) Limited access to capital and resources. C) Overabundance of human resources. D) Lack of local market knowledge. Show Answer Correct Answer: B) Limited access to capital and resources. 3. Which 1990s Christmas commercial helped make a chocolate brand globally iconic? A) Ferrero Rocher. B) Toblerone. C) Lindt. D) Hershey's Kisses "bells" ad. Show Answer Correct Answer: D) Hershey's Kisses "bells" ad. 4. Refers to accepted principles of right or wrong that govern the conduct of a person, the members of a profession, or the actions of an organization. A) International Business. B) Business Ethics. C) Ethics. D) Awerness. Show Answer Correct Answer: C) Ethics. 5. What makes it easier for foreign companies to do business in Canada? A) High tariffs. B) Free trade agreements. C) Strict regulations. D) Limited market access. Show Answer Correct Answer: B) Free trade agreements. 6. Which of the following is an example of an associated business? A) Exporting business. B) Importing business. C) Multinational enterprise. D) Logistics. Show Answer Correct Answer: D) Logistics. 7. What is the key strength of a geographic structure? A) Economies of scale globally. B) Better adaptation to local markets. C) Easier global product standardization. D) Lower marketing costs. Show Answer Correct Answer: B) Better adaptation to local markets. 8. Matrix organizations are simple to manage because they avoid overlapping authority. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 9. A trade agreement between 27 countries of with the same currency and open trade between those nations. A) NAFTA. B) EU. C) WTO. D) ABC. Show Answer Correct Answer: B) EU. 10. What do Intellectual Property Rights (IPR) protect in international trade? A) Rights of creators and inventors. B) Rights of consumers. C) Rights of government officials. D) Rights of trade organizations. Show Answer Correct Answer: A) Rights of creators and inventors. 11. Which term describes a market structure with only a small number of competing firms? A) Monopoly. B) Oligopoly. C) Perfect competition. D) Monopsony. Show Answer Correct Answer: B) Oligopoly. 12. Which of the following is NOT a factor of production that can be more difficult to move internationally compared to domestically? A) Capital. B) Labor. C) Technology. D) Legal systems. Show Answer Correct Answer: D) Legal systems. 13. Foregin trade act passes during A) 1991. B) 1992. C) 1993. D) 1994. Show Answer Correct Answer: B) 1992. 14. What are the main hurdles for FDI in India? A) Stable economic environment. B) Lack of skilled labor. C) Bureaucratic red tape, complex regulations, inconsistent policies, infrastructure challenges, and political instability. D) High taxation rates. Show Answer Correct Answer: C) Bureaucratic red tape, complex regulations, inconsistent policies, infrastructure challenges, and political instability. 15. What is the main difference between technology licensing and brand licensing? A) Technology licensing involves a trademark, while brand licensing involves a technology. B) Technology licensing involves a technology, while brand licensing involves a trademark. C) Both involve selling the entire business concept. D) Both involve only advertising support. Show Answer Correct Answer: B) Technology licensing involves a technology, while brand licensing involves a trademark. 16. It is a disadvantages of multinational for host countries ..... A) Skills, production techniques and improvements in the quality of the workforce. B) Some MNCs may be footloose from taxes. C) Improvements in infrastructure. D) Availability of quality goods and services in the host country. Show Answer Correct Answer: B) Some MNCs may be footloose from taxes. 17. What is an embargo in the context of international trade barriers? A) A tax imposed on imports. B) A limit on the quantity of a product that can be imported. C) A prohibition on trade in a particular product. D) A government subsidy to domestic producers. Show Answer Correct Answer: C) A prohibition on trade in a particular product. 18. ..... is any activities needed to create, ship, and sell products across national borders. A) International business. B) Global economy. C) Domestic business. D) None of the above. Show Answer Correct Answer: A) International business. 19. Which e-commerce company sees its biggest annual sales spike in November-December? A) Alibaba. B) Amazon. C) Rakuten. D) JD.com. Show Answer Correct Answer: B) Amazon. 20. Collectivism is the need to be connected to society only through education. A) False. B) True. C) All the above. D) None of the above. Show Answer Correct Answer: A) False. 21. Australia's top two way trading partner is as of 2014 ..... A) Singapore. B) Japan. C) South Korea. D) China. Show Answer Correct Answer: D) China. 22. What best describes the concept of coopetition? A) Companies exclusively competing with each other to maximize individual profits. B) Companies working independently without any form of interaction. C) Companies engaging in simultaneous competition and cooperation to create value. D) Companies merging together to eliminate competition. Show Answer Correct Answer: C) Companies engaging in simultaneous competition and cooperation to create value. 23. Economic risk, also known as operating exposure, refers to the long-term impact of exchange rate fluctuations on a company's competitiveness, cash flows, and strategic decisions. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 24. Which of the following is NOT a problem associated with the African Continental FTA (AfCFTA)? A) Unequal benefits. B) Asymmetric shocks. C) Currency devaluation. D) Controversial protection rules. Show Answer Correct Answer: C) Currency devaluation. 25. In 2010, China announced that it would impose and import a tax on American poultry of up 105.4 percent. This is a(n) ..... A) Tariff. B) Quota. C) Embargo. D) None of the above. Show Answer Correct Answer: A) Tariff. ← 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