This quiz for MBA students at MACFAST, Thiruvalla, covers key aspects of international business. It assesses knowledge on global market entry strategies, economic frameworks like PESTEL, and influential literature in the field, preparing students for global business challenges.
Political, Economical, Social, Technical, Ecological, Legal
Political, Economical, Social, Technical, Environmental, Legal
Political, Economical, Social, Technological, Environmental, Legal
Psychological, Economical, Social, Technical, Ecological, Legal
Psychological, Environmental, Social, Technical, Ecological, Legal
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IMF
World Bank
WTO
ITC
Indian Bank for Rural Development
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Marketing Tie-up
Take Over
Wholly Owned Subsidiary
Mergers & Acquisition
Resource sharing arrangement
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Adam Smith
Kenichi Ohmae
Amartya Sen
Thomas Friedman
Michael Porter
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Identical political factors
Same financial systems
Similar market characteristics
Equal risk factors
Aim at satisfying the needs of customers
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Increased economy of scale of its products
Provides a good position in the global market
Possibility of combining product development, marketing and purchasing activities in different countries
Standardisation of operations & processes
All of the above
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Language of the country
Culture of the country
Environment & climate of the country
Ethnic factors of the country
All of the above
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Increasing gap between the rich and the poor
Falling barriers to trade and investment
Emergence of regional blocs
Emergence of new markets
Technological innovation
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To provide income for the people who are below the poverty line (BPL)
To provide long-term capital assistance to its member countries for their reconstruction & development
To supply food materials for underdeveloped countries
To encourage export of essential goods to developing and underdeveloped member countries
To provide financial assistance to the various non-governmental organisations (NGO) for their projects in eradicating poverty, hunger and unemployment
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Bring political and economic stability in the host country
Ensure that the operations of enterprises are in harmony with government policies
Improve foreign investment climate
Strengthen the basis of mutual confidence between enterprises and the societies in which they operate
Enhance contribution of enterprise to sustainable development
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Import Duties
Environmental protection laws
Ad valorem tariffs
Protective taxation
Anti-dumping duties
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Why does a firm achieve international success in a particular industry?
Why does a firm achieve international success in a particular country?
Why does a nation achieve international success in the global economy?
Why does a nation achieve international success in a particular industry?
Why does a nation achieve international success in financial markets?
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Philip Kotler
Jason Statham
Khushwant Singh
Pythagoras
C. K. Prahalad
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Impact on income and employment
BOP Effect
Consumption Impact
Administration Effect
Protection Impact
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International Monetary Fund
International Court for Dispute Settlement
International Trade Organisation
World Trade Organisation
World Bank
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Tribunal
Conductor
Trainer
Motivator
All of the above
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Sri Lanka
Cambodia
Singapore
Brunei
Laos
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Export Commission House
Export Management Company
Foreign Sales Branch
Piggyback Marketing
Export Merchants
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Patterns of trade are determined by differences in factor endowments - not productivity.
Labor is not the only Factor of production. We need to account for land, capital, and technology.
One country is capable to produce more of a product with the same amount of input than another country.
As products mature, both location of sales and optimal production changes
Promoting free trade is generally in the best interests of the home-country, although not always in the best interests of the firm.
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