This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 10 International Business – Quiz 91 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 10 International Business Quiz 91 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following has NOT been a major force increasing globalization in recent decades? A) Liberalization of cross-border trade. B) Increase in and expansion of technology. C) Growing pressure from consumers. D) Decreasing prices of natural resources. Show Answer Correct Answer: D) Decreasing prices of natural resources. 2. Define the concept of cultural diversity in the context of international business. A) The absence of any cultural differences within a business environment. B) The presence of different cultures, languages, customs, and traditions within a business environment. C) The integration of different cultural practices into a single business culture. D) The exclusion of employees from different cultural backgrounds in international business. Show Answer Correct Answer: B) The presence of different cultures, languages, customs, and traditions within a business environment. 3. What is the primary reason for US businesses to invest in other countries? A) To learn new languages. B) To expand markets. C) To reduce domestic competition. D) To avoid paying taxes. Show Answer Correct Answer: B) To expand markets. 4. What is the primary purpose NAFTA? A) To reduce trade barriers among the US, Canada, and Mexico. B) To reduce trade barriers among Central America and Mexico. C) To reduce trade barriers among Brazil and Mexico. D) To encourage free trade between the US, Europe, and Canada. Show Answer Correct Answer: A) To reduce trade barriers among the US, Canada, and Mexico. 5. Authoritarian regimes such as communism and fascism are examples of ..... A) Individualism. B) Collectivism. C) Pluralism. D) Totalitarianism. Show Answer Correct Answer: D) Totalitarianism. 6. What is the primary purpose of international trade policies and agreements? A) To regulate domestic economic policies. B) To control immigration and citizenship. C) To govern the exchange of goods and services between countries. D) To promote environmental regulations. Show Answer Correct Answer: C) To govern the exchange of goods and services between countries. 7. Sports teams having their logo on memorabilia is considered? A) Licensing. B) Joint venture. C) Franchising. D) Infrastructure. Show Answer Correct Answer: A) Licensing. 8. Mengapa efisiensi dalam produksi global dan pengelolaan rantai pasokan penting bagi perusahaan global? A) Mengurangi kebutuhan untuk kerjasama dengan pemasok lokal. B) Memastikan rantai pasokan yang tidak terganggu. C) Meningkatkan kualitas produk dan layanan. D) Mengurangi ketergantungan pada teknologi informasi. Show Answer Correct Answer: B) Memastikan rantai pasokan yang tidak terganggu. 9. What is the correct spelling of Globalisation? A) Globalisation. B) Globalization. C) Globalization. D) Globalisation. Show Answer Correct Answer: B) Globalization. 10. The gives an indication of the US market. A) NYSE. B) FTSE 100. C) NIKKEI. D) HIS. Show Answer Correct Answer: A) NYSE. 11. Transnational Corporations (TNCs) are different from MNCs because they: A) Have no control over subsidiaries. B) Centralize operations. C) Adapt to local markets with decentralized control. D) Avoid profit generation. Show Answer Correct Answer: C) Adapt to local markets with decentralized control. 12. What are exchange rates in international trade barriers? A) The fees charged for trading goods internationally. B) The laws that regulate how much of a product can be traded. C) The ratio at which one nation's currency can be exchanged for another nation's currency. D) The taxes imposed on imported goods. Show Answer Correct Answer: C) The ratio at which one nation's currency can be exchanged for another nation's currency. 13. Reducing the number of resources available to the global community is one of the ways in which economic conditions affect international business. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 14. What is the significance of understanding the legal environment in international business? A) To enhance marketing strategies. B) To comply with international commercial laws. C) To avoid cultural misunderstandings. D) To increase production efficiency. Show Answer Correct Answer: B) To comply with international commercial laws. 15. IPO Terbesar sepanjang sejarah setelah Saudi Aramco (25.6 Milyar Dolar AS) yang terjadi pada tahun 2014 diluncurkan oleh perusahaan ..... A) Alibaba. B) Amazon. C) Netflix. D) Apple. Show Answer Correct Answer: A) Alibaba. 16. The first phase of globalization started around 1870 and ended with what? A) World War 2. B) The Cold War. C) The establishment of GAAP. D) World War 1. Show Answer Correct Answer: D) World War 1. 17. Which of the following terms refers to the unit cost reductions associated with large sized outputs? A) Absolute advantage of production. B) Economies of scale. C) Constant marginal returns. D) Diminishing marginal returns. Show Answer Correct Answer: B) Economies of scale. 18. Walt Disney permits a German clothing manufacturer to market children's pajamas embroidered with Mickey Mouse in return for a percentage of company sales. This is an example of ..... A) Franchising. B) Licensing. C) Leasing. D) Piracy. Show Answer Correct Answer: B) Licensing. 19. Impact of globalization are A) Rapid growth. B) New technology. C) Opportunity to go global. D) All the above. Show Answer Correct Answer: D) All the above. 20. Investment made by multinational corporations (MNCs) is called ..... A) Globalization. B) Privatization. C) Domestic market. D) Foreign market. Show Answer Correct Answer: D) Foreign market. 21. Work-at-home options are a big part of many company benefit lists these days, or they may be an attractive part of the actual job description. You can experiment with the idea without jumping in company-wide, and possibly save money on office space and associated expenses. You'll still expect high productivity, of course.THIS IS ..... ? A) Health Options. B) Productivity over presence. C) Enrichment. D) None of the above. Show Answer Correct Answer: B) Productivity over presence. 22. Identify the problems of International Business A) Legal Formalities. B) Foreign Exchange. C) To spread business risk. D) Utilization of resources. Show Answer Correct Answer: A) Legal Formalities. 23. What are the features of a free market? A) Little or no government control. B) It is based on the laws of supply and demand. C) Voluntary exchange. D) All of the above. Show Answer Correct Answer: D) All of the above. 24. Why do governments establish international trade policies and agreements? A) To restrict domestic industries. B) To protect domestic industries and promote exports. C) To discourage exports. D) To promote unfair competition. Show Answer Correct Answer: B) To protect domestic industries and promote exports. 25. This country is known for having the largest international tourist arrivals. A) France. B) Switzerland. C) Spain. D) None of the above. Show Answer Correct Answer: A) France. ← 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