Quiz: Internal Assessment Test On International Business

20 Questions | Total Attempts: 119

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Quiz: Internal Assessment Test On International Business

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Questions and Answers
  • 1. 
    Why do companies go global?
    • A. 

      Growth Strategy

    • B. 

      Profit Advantage

    • C. 

      Limitations in domestic market

    • D. 

      Economies of scale

    • E. 

      All of the above

  • 2. 
    What does PESTEL stand for? 
    • A. 

      Political, Economical, Social, Technical, Ecological, Legal

    • B. 

      Political, Economical, Social, Technical, Environmental, Legal

    • C. 

      Political, Economical, Social, Technological, Environmental, Legal

    • D. 

      Psychological, Economical, Social, Technical, Ecological, Legal

    • E. 

      Psychological, Environmental, Social, Technical, Ecological, Legal

  • 3. 
    Which of the following is not a major category of foreign investment?
    • A. 

      FDI

    • B. 

      FII

    • C. 

      Investments from Non Residents

    • D. 

      Swiss Bank Deposits

    • E. 

      World Bank / ADB aided projects

  • 4. 
    Which of the following country is not a CIVETS country?
    • A. 

      South Korea

    • B. 

      Indonesia

    • C. 

      Turkey

    • D. 

      Vietnam

    • E. 

      Columbia

  • 5. 
    IBRD is the original name for .....................? 
    • A. 

      IMF

    • B. 

      World Bank

    • C. 

      ITC

    • D. 

      WTO

    • E. 

      Indian Bank for Rural Development

  • 6. 
    Which of the following is not an entry strategy under the category of "strategic alliances"? 
    • A. 

      Marketing Tie-up

    • B. 

      Take Over

    • C. 

      Wholly Owned Subsidiary Company

    • D. 

      Mergers & Acquisition

    • E. 

      Resource sharing arrangement

  • 7. 
    Who is the author of the book "The Borderless World"?
    • A. 

      Michael Porter

    • B. 

      Amartya Sen

    • C. 

      Thomas Friedman

    • D. 

      Kenichi Ohmae

    • E. 

      Adam Smith

  • 8. 
    Foreign investment in an industry that provides inputs for a firm’s operation or in an industry that sells outputs of the firm is known as ...................
    • A. 

      Vertical FDI

    • B. 

      Horizontal FDI

    • C. 

      Flow of FDI

    • D. 

      Stock of FDI

    • E. 

      None of the above

  • 9. 
    Which of the following is a type of non-tariff barrier?
    • A. 

      Import Duties

    • B. 

      Environmental protection laws

    • C. 

      Ad valorem tariffs

    • D. 

      Protective taxation

    • E. 

      Anti-dumping duties

  • 10. 
    Which of the following is a similarity between international and domestic marketing?
    • A. 

      Identical political factors

    • B. 

      Comparable financial systems

    • C. 

      Similar market characteristics

    • D. 

      Equal risk factors

    • E. 

      Aims at satisfying the needs of customers

  • 11. 
    The important social factors that affect the international marketing are ..................
    • A. 

      Language of the country

    • B. 

      Culture of the country

    • C. 

      Environment & climate of the country

    • D. 

      Ethnic factors of the country

    • E. 

      All of the above

  • 12. 
    Some of the benefits that a company enjoys after acquiring globalisation are ...............
    • A. 

      Increased economy of scale of its products

    • B. 

      Provides a good position in the global market

    • C. 

      Possibility of combining product development, marketing and purchasing activities in different countries

    • D. 

      Standardisation of operations & processes

    • E. 

      All of the above

  • 13. 
    Which of the following is not a Driver of Globalisation?
    • A. 

      Emergence of new markets

    • B. 

      Emergence of regional blocs

    • C. 

      Increasing gap between the rich and the poor

    • D. 

      Falling barriers to trade and investment

    • E. 

      Technological innovation

  • 14. 
    Porter’s Diamond explains ...................
    • A. 

      Why does a firm achieve international success in a particular industry?

    • B. 

      Why does a firm achieve international success in a particular country?

    • C. 

      Why does a nation achieve international success in the global economy?

    • D. 

      Why does a nation achieve international success in a particular industry?

    • E. 

      Why does a nation achieve international success in financial markets?

  • 15. 
    The main function of World Bank is ...............
    • A. 

      To provide income for the people who are below the poverty line (BPL)

    • B. 

      To provide long-term capital assistance to its member countries for their reconstruction & development

    • C. 

      To supply food materials for underdeveloped countries

    • D. 

      To encourage export of essential goods to developing and underdeveloped member countries

    • E. 

      To provide financial assistance to the various non-governmental organisations (NGO) for their projects in eradicating poverty, hunger and unemployment

  • 16. 
    The major criteria considered for selecting appropriate entry mode in an international market are ..........
    • A. 

      Resource intensity & Control

    • B. 

      Financial capability & operational convenience

    • C. 

      Transfer Risk & Learning

    • D. 

      A & B

    • E. 

      A & C

  • 17. 
    Which of the following is not a key investment objective of a multinational company?
    • A. 

      Improve foreign investment climate

    • B. 

      Ensure that the operations of enterprises are in harmony with government policies

    • C. 

      Bring political and economic stability in the country

    • D. 

      Strengthen the basis of mutual confidence between enterprises and the societies in which they operate

    • E. 

      Enhance contribution of enterprise to sustainable development

  • 18. 
    Factor endowments, Demand conditions, Related and supporting industries and Firm strategy, structure & rivalry are the ....................
    • A. 

      Factors suggested in Heckschler-Ohlin thoery

    • B. 

      Determinants in Product Life Cycle theory by Raymond Vernon

    • C. 

      Components in New Trade Theory

    • D. 

      Determinants of National Competitive Theory by Michael Porter

    • E. 

      Factors affecting trade according to David Ricardo’s Theory of Comparative Advantage

  • 19. 
    The important benefits of FDI to host countries include ..................
    • A. 

      Return on Investment & Export-Import effects

    • B. 

      Employment effects & Resource-transfer effects

    • C. 

      Effects on competition and growth in the country & Balance of Payment effects

    • D. 

      B & C

    • E. 

      A & B

  • 20. 
    The current Foreign Trade Policy of India is ..................
    • A. 

      Foreign Trade Policy 2009-2014

    • B. 

      Foreign Trade Policy 2010-2015

    • C. 

      Foreign Trade Policy 2011-2016

    • D. 

      Foreign Trade Policy 2012-2017

    • E. 

      Foreign Trade Policy 2013-2018

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