Symvoulous || Round I

25 Questions | Total Attempts: 48

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Symvoulous || Round I

First Round of Symvoulous || Case Study Competition of Conundrum


Questions and Answers
  • 1. 
    Which of these factors did not affect the trade balance of a company during the medieval period to increase the nation’s wealth?
    • A. 

      Change in Government regulations

    • B. 

      Limiting imports and maximising exports

    • C. 

      Change in rule

    • D. 

      Implementation of laissez faire economics

  • 2. 
    Which of the following statements is/are true?i) Countries produce and export goods that require resources (factors) in abundanceii) Import goods that require resources in long term supply
    • A. 

      Both i & ii

    • B. 

      Only ii

    • C. 

      Only ii is true & i is false

    • D. 

      Only i is true & ii is false

  • 3. 
    Which of the following is true regarding an Industry’s capacity to innovate and upgrade?
    • A. 

      Industries related to the product affect other supporting industry

    • B. 

      Demand conditions of the industry

    • C. 

      Economic and strategic advantage of being first to enter an industry

    • D. 

      Competitor’s strategy and firm’s strategy

  • 4. 
    Which one of the following determines Friedman’s flatteners?
    • A. 

      Offshoring

    • B. 

      Delocation of strategy

    • C. 

      Insourcing

    • D. 

      Informing

  • 5. 
    Which one of the following indices do these factors determine?a) Technological Connectivityb) Political Engagementc) Personal Contactd) Economic Integration
    • A. 

      A.T. Kearney index

    • B. 

      KOF Index

    • C. 

      CPI

    • D. 

      Human Development Index

  • 6. 
    Who gave the theory of triple convergence?
    • A. 

      Michael Porter

    • B. 

      Thomas Friedman

    • C. 

      Zurich

    • D. 

      Hoku

  • 7. 
    Which of these statements is/are true regarding TRIPS?i) The most developed countries are allowed a longer transition period in which to comply with the provisions of the agreementii) Agreement on trade has great implications for the production of and access to drugs, especially in developing countries
    • A. 

      Only i

    • B. 

      Only ii

    • C. 

      Both i & ii

    • D. 

      Neither i nor ii

  • 8. 
    Which among the following will not take care of the purchasing decisions of a company?
    • A. 

      Influencers

    • B. 

      Followers

    • C. 

      Gatekeepers

    • D. 

      Initiators

  • 9. 
    Which of the following is not a criteria for shelf registration by companies?
    • A. 

      The company should not have defaulted on its debt for the past three years

    • B. 

      The firm must not have violated the Securities Exchange Act of 1934 in the past three years

    • C. 

      The company must not be rated investment grade

    • D. 

      The aggregate market value of the firm’s outstanding stock must be more than $150 million

  • 10. 
    Which of the following factors does not affect the strategy process of a firm that is going international?
    • A. 

      Geographic areas

    • B. 

      Alliances & Acquisitions

    • C. 

      Price to be charged & cost of production

    • D. 

      No sequence of entry tactics

  • 11. 
    Which of the following is not a risk for internationalization of a company?
    • A. 

      Price of the product in the national market

    • B. 

      Exchange rate fluctuations

    • C. 

      Lack of governmental assistance in overcoming export barriers

    • D. 

      Difficulties in finding the right distributor

  • 12. 
    Which of these is not a phase in evolution of formal strategic planning?
    • A. 

      Financial Planning

    • B. 

      Forecast planning

    • C. 

      Strategic management

    • D. 

      Internally oriented planning

  • 13. 
    Which of the following is not a Hofstede’s dimension?
    • A. 

      Power distance

    • B. 

      Uncertainty avoidance

    • C. 

      Individualism and collectivism

    • D. 

      Social hierarchy

  • 14. 
    A. T. Kearney Index focuses on which aspect of economic integration?
    • A. 

      Free trade

    • B. 

      FDI

    • C. 

      Trade diversion

    • D. 

      Coherence of policies

  • 15. 
    What are the risk management strategies while exporting to foreign markets?i) Exporting to high-risk marketsii) Diversify overseas marketsiii) Insure risks when possibleiv) Structure export business so that buyer bears most risk 
    • A. 

      I and ii

    • B. 

      Ii and iii

    • C. 

      I, iii and iv

    • D. 

      Ii, iii and iv

  • 16. 
    Nestle entered into a strategic alliance with which company for production of a cereal?
    • A. 

      Chromocell Corporation

    • B. 

      Coca cola

    • C. 

      General mills

    • D. 

      Yunnan Dashan Drinks Ltd

  • 17. 
    Which company in the business of electric scooters is planning to invest in green field projects in India in 2015?
    • A. 

      Honda

    • B. 

      TII

    • C. 

      Electrotherm (India) Ltd

    • D. 

      Eko vehicles

  • 18. 
    Which company was responsible for the colony collapse disorder across Europe and North America in 2006-2007?
    • A. 

      Agrichem Limited

    • B. 

      Suterra

    • C. 

      Auxein Corporation

    • D. 

      Bayer Corp Science

  • 19. 
    Which Norwegian food major acquired an Indian foods company in 2007 and followed its multilocal model which ultimately lead to exponential growth of the Indian foods company?
    • A. 

      Nortura

    • B. 

      Isklar

    • C. 

      SalMar

    • D. 

      Orkla Group

  • 20. 
    Employees born and raised in a country in which a Multinational firm seeks to locate or has already located a facility are called?
    • A. 

      Parent-country nationals

    • B. 

      Host-country nationals

    • C. 

      Third-country nationals

    • D. 

      None of the above

  • 21. 
    According to Thomas L. Friedman what phase of globalization are we currently going through at present?
    • A. 

      Globalization of countries

    • B. 

      Globalization of individuals

    • C. 

      Globalization of companies

    • D. 

      Globalization of markets

  • 22. 
    Which country is highest on economic integration according to A.T Kearney Index?
    • A. 

      Netherland

    • B. 

      Ireland

    • C. 

      Singapore

    • D. 

      Sweden

  • 23. 
    Which agreement is responsible for enforcing international patents? 
    • A. 

      TRIMS

    • B. 

      GATT

    • C. 

      TRIPS

    • D. 

      GATS

  • 24. 
    Which of the following blocs or countries is involved in bilateral trade agreements with India?I     SAFTAII    CARICOMIII   AIFTAIV   El Salvador 
    • A. 

      I and II

    • B. 

      I and III

    • C. 

      II and IV

    • D. 

      III and IV

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