International Business Multiple Choice Questions with Answers PDF

Preview

Summary

M/C with answers...

Description

1/3/2020

International Business Multiple Choice Questions with Answers

Indiaclass



Topics

Question Papers

Scholarships

MCQ

International Business Multiple Choice Questions with answers MCQ 36

International Business Management (IB / IBM) Multiple Choice Questions for Management (BBA, MBA, B Com etc.) students. Answers are given in Italic form. For example, answer of Q. 1 is The World War I.

Write With Condence Trusted by millions of students, faculty, and professionals worldwide. Try now

Grammarly

DOWNLOAD

1. The first phase of globalization started around 1870 and ended with ….. a. The World War I b. The World War II c. The Establishment of GATT d. In 1913 when GDP was High Ans: a 2. IBRD (International Bank for Reconstruction and Development) also known as a. Exim Bank b. World Bank c. International Monetary fund d. International Bank Ans: b 3. Ultimately ………………was replaced by the …………….on 1st Jan 1995 a. GATS, WTO b. WTO, GATT c. GATT, WTO d. IMF, GATT Answer: c 4. Which is the right sequence of a stages of Internationalization https://www.indiaclass.com/international-business-multiple-choice-questions/

1/12

1/3/2020

International Business Multiple Choice Questions with Answers

a. Domestic, Transnational, Global, International, Multinational b. Domestic, International, Multinational, Global, Transnational c. Domestic, Multinatinal, International, Transnational, Global d. Domestic, Internatinal, Transnational, Multinational, Global Answer: b 5. Subsidiaries consider regional environment for policy / Strategy formulation is known as a. Polycentric Approach b. Regiocentric Approach c. Ethnocentric Approach d. Geocentric Approach Answer: b 6. According to this theory the holdings of a country’s treasure primarily in the form of gold constituted its wealth. a. Gold Theory b. Ricardo Theory c. Mercantilism d. Hecksher Theory Answer:c 7. The Theory of Absolute Cost Advantage is given by a. David Ricardo b. Adam Smith c. F W Taylor d. Ohlin and Heckscher Answer:b 8. The Theory of Relative Factor Endowments is given by a. David Ricardo b. Adam Smith c. F W Taussig d. Ohlin and Hecksher Answer: d 9. The theory of Comparative cost advantage is given by a. David Ricardo b. Adam Smith c. F W Taussig d. Ohlin and Hecksher Answer: a

Also see: Strategic Management Multiple Choice Questions with Answers

10. ……………is application of knowledge which redefine the boundaries of global business a. Cultural Values b. Society c. Technology https://www.indiaclass.com/international-business-multiple-choice-questions/

2/12

1/3/2020

International Business Multiple Choice Questions with Answers

d. Economy Answer:c 11. Capitalistic, communistic and Mixed are the types of a. Economic System b. Social System c. Cultural Attitudes d. Political System Answer:a 12. Which is not an Indian Multinational Company? a. Unilever b. Asian Paints c. Piramal d. Wipro Answer: a 13. Globalization refers to: a) Lower incomes worldwide b) Less foreign trade and investment c) Global warming and their effects d) A more integrated and interdependent world Answer: d 14. Which of the following is not a force in the Porter Five Forces model? a. Buyers b. Suppliers c. Complementary products d. Industry rivalry Answer:c 15. Comparative Cost Trade Theory is given by a. Adam Smith b. David Ricardo c. Gottfried Haberler d. Heckscher Ohlin Answer: b 16. …….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally. a. Bill of Lading b. Letter of Credit c. Open Account d. Drafts Answer: b

https://www.indiaclass.com/international-business-multiple-choice-questions/

3/12

1/3/2020

International Business Multiple Choice Questions with Answers

Locate Maps & Routes Find Maps & Routes For Train, Bus & Subw MyTransitGuide. MyTransitGuide

17. Key controllable factors in global marketing are: a. Government policy and legislation b. social and technical changes c. marketing activities and plans d. all of the above. Answer: c 18. Select example of Indian Multinational Company a. Hindusthan Unilever b. Videocon c. Cargill d. Tesco Answer:b Multinational Corporations 19. …………………corporation produces in home country or in a single country and focuses on marketing these products globally or vice a versa. a. Global b. International c. Transnational d. None of the above Ans: a 20. —————-comapny produces, markets, invests and operates across the world a. Global b. International c. Transnational d. Multinational Ans: c

Also see: MCQs on Spherical Mirrors (Physics) with answers

21. …..is only a legal agreementand it is not an institution, but ….. is a permanent institution. a. GATT, WTO b. WTO, GATT c.WTO, IMF https://www.indiaclass.com/international-business-multiple-choice-questions/

4/12

1/3/2020

International Business Multiple Choice Questions with Answers

d. IMF, GATT ans: a 22. The WTO was established to implement the final act of Uruguay Round agreement of …… a. MFA b. GATT c. TRIP’s d. UNO Ans: GATT 23. WTO stands for a. World technology association b. World time organization c. World trade organization d. World tourism organization Ans: c 24. NAFTA stands for a. North African trade association b. North American free trade agreement c. Northern Atlantic trade agreement d. Northern association for trade Ans: b 25. IPR stands for a. Intellectual property rights b. International property rights c. Internal promotion rights d. Interior promotional rights Ans: a 26. The main promoter of trade liberalization was a. GATT b. NAFTA c. CEPTA d. CISA Ans. a. GATT 27. MNC Stands for a. Multi National Coopertion b. Multi National Corporation c. Multi Nation Company d. Multi National Collaboration Ans: b 28. _______ is the first step in the internationalization process. a. License b. Foreign Investment c. Sales d. Export https://www.indiaclass.com/international-business-multiple-choice-questions/

5/12

1/3/2020

International Business Multiple Choice Questions with Answers

Answer: a 29. SMEs stands for: a. Small and Medium Entrepreuners b. Small Management of Enterprises c. Small and Medium-sized Enterprises. d. Societies for Managing Exports Answer: c 30. The OECD stands for: a. Organization for Economic Co-operation and Development b. Organization for Economic Coordination and Development c. Organization for Environmental Cooperation and Development. d. Organization for Environmental Control and Development Answer: a

Reference Books International Business, P Subba Rao, 2nd Enlarged Edition, Himalaya Publication.

Also see: Commercial Geography

SPONSORED SEARCHES

international business mcqs with answers

physic question and answer

objective multiple choice type

international business degree program

Share this:

 Management Information Systems Question Bank

Manufacturing & Operations Management Question Papers Pune University



RELATED POSTS MCQ

MCQ

https://www.indiaclass.com/international-business-multiple-choice-questions/

MCQ

6/12

1/3/2020

International Business Multiple Choice Questions with Answers

MCQs on Motion in One Dimension (Physics) with Answers

Brand Management Multiple Choice Questions with Answers

Marketing Multiple Choice Questions with Answers

36 Comments abdul hameed

July 30, 2012 @ 11:54 pm

REPLY

its good support for business graduates.

manjunath

July 31, 2012 @ 1:28 pm

manjunath

July 31, 2012 @ 1:29 pm

REPLY

good

REPLY

add for business

Thomas Ngaiam

August 22, 2012 @ 12:12 pm

REPLY

good notes

Thomas Ngaiam

August 22, 2012 @ 12:13 pm

Thomas Ngaima

August 22, 2012 @ 12:17 pm

REPLY

book.

REPLY

good text.

suman

September 7, 2012 @ 11:19 am

REPLY

excellent

https://www.indiaclass.com/international-business-multiple-choice-questions/

7/12

1/3/2020

International Business Multiple Choice Questions with Answers

Iddrisu Musah

September 25, 2012 @ 6:15 pm

REPLY

It is really helpful.thanks.

Rana Majid

October 18, 2012 @ 10:58 pm

REPLY

It is very good for BBA Student to the examination point of View.

Filippos Chatzis

October 27, 2012 @ 1:54 pm

REPLY

In general it is good but for example in question 1 it should be 1870 and not 1970. Your question: ” 1. The first phase of globalization started around 1970 and ended with …..’ and the answer . The World War I. Could not be possible. So probably it is a typo error?

Admin

October 31, 2012 @ 7:49 pm

REPLY

Thank you.

saurabh pandey

November 23, 2012 @ 1:06 am

REPLY

This question are Awesome,Excellant Thanks

saurabh pandey

November 23, 2012 @ 1:08 am

REPLY

its THE BEST ONE

Prof. Mansu Mahto

December 1, 2012 @ 8:11 am

REPLY

The best collection for compatative examinations

Ranjit Sinha

January 8, 2013 @ 5:04 pm

REPLY

It is giving us excellent knowledge. Thank you.

https://www.indiaclass.com/international-business-multiple-choice-questions/

8/12

1/3/2020

International Business Multiple Choice Questions with Answers

kishor Dhumal

July 20, 2013 @ 9:21 am

REPLY

Thanxxxx a lot

Alle Anup

November 18, 2013 @ 2:39 pm

REPLY

Excellent ! Prof. Deepak Pore ! thx 4 it ! 😀

Abid Zaur *Aabi Baloch)

January 10, 2014 @ 5:23 pm

REPLY

Useful.. book name plz???

Prof. Deepak Pore

January 11, 2014 @ 1:24 pm

REPLY

Click here for list of Reference Books of International Business Management

je

June 22, 2014 @ 7:44 pm

REPLY

helpful

humed

May 21, 2015 @ 2:14 pm

REPLY

Ques 3 Calculate the degree of operating leverage (DOL), degree of financial leverage (DFL), degree of combined leverage (DCL), for the following firms: Firm A Firm B Firm C Output(units) 90000 35000 200000 Fixed Costs (USD) 10000 16000 2000 Variable cost per unit 0.2 1.5 0.02 Interest on borrowed funds 4000 8000 – Selling price per unit 0.6 5 0.1

humed

May 21, 2015 @ 2:16 pm

REPLY

Case Study Merck International is a pharmaceutical company. It is not currently selling its product in India. However it is proposing t establish a manufacturing facility in India in near future. The Company to be set up in India is to be a wholly owned affiliate of Merck International which will provide all funds needed to build the manufacturing facility. Total initial investment is estimated at Rs.50,000,000. Working capital requirements estimated at Rs. 5,000,000, would be provided by the local financial institution at 8 percent per annum, repayable in five equal installments beginning on 31st December of the first year of operation. In the absence of this concessional facility, Merck would have financed these requirements by a loan from its bankers in United States at 15 percent per annum. The cost of the entire manufacturing facility is to be depreciated over the five years https://www.indiaclass.com/international-business-multiple-choice-questions/

9/12

1/3/2020

International Business Multiple Choice Questions with Answers

period in straight line method basis. At the end of fifth year of its operation all remaining assets would be taken over by a public corporation to be designated by the government of India with no compensation. Sales and selling price are presented in the table below:- Year Sales in Units Unit Price(Rs) 1 2,00,000 1,000 2 2,25,000 1,500 3 2,50,000 1,800 4 2,75,000 2,000 5 3,00,000 2,200 Variable costs are Rs. 600 per unit in year 1 and are expected to rise by 15% each year. Fixed Cost other than depreciation are Rs. 20 million in year 1 and is expected to rise by 10% per year. Other Information: All profit after tax realized by the affiliate are transferable to the parent company at the end of each year. Depreciation funds are to be blocked until the end of year 5. These funds may be invested in local money market instruments, fetching a tax-free return of 15%. When the operating assets are turned over a local corporation, the balance of these funds including interest may be repatriated. The income tax rate in India is 48% but there are no with holding tax on transfer of dividends. Dividends received by Merck International in the United states would be subject to 50% tax. Merck International uses a 20% weighted average cost of capital for evaluating domestic projects similar to the ones planned in India. For Foreign projects in developing countries a 6% political premium is added. Calculate the NPV and IRR for the project from the standpoint of the parent company. What are your recommendations for the proposal?

Akrem Demessie

June 7, 2015 @ 4:38 am

REPLY

its very supportive for business graduates

Anmol Bhandari

March 5, 2016 @ 6:27 am

REPLY

MNC full form is Multi national corporation but here you have answered cooperation option (a)

Deepak Pore

December 23, 2016 @ 3:30 pm

REPLY

Thank you for suggesting an edit. We have made necessary changes. Please check post again. Thank you for Improving Indiaclass 🙂

santosh vilas hasure

November 12, 2016 @ 11:00 pm

REPLY

nice

Frans

June 24, 2017 @ 11:54 pm

REPLY

I need multiple choice questions and and answers on Cross cultural management and management of multinational companies

https://www.indiaclass.com/international-business-multiple-choice-questions/

10/12

1/3/2020

International Business Multiple Choice Questions with Answers

madhu b v

June 26, 2017 @ 6:53 am

REPLY

last 3 question you should not do answer sir

Deepak Pore

June 28, 2017 @ 3:43 pm

REPLY

Thank you for suggesting change. Post is now live with changes you suggested.

Suraj Prakash Batra

August 11, 2017 @ 3:37 pm

REPLY

A very interesting effort to stimulate students of International Trade

Daniel L angton

August 20, 2017 @ 3:24 pm

REPLY

it is nice please keep it

Vini

September 16, 2017 @ 11:46 am

REPLY

I think the fist stage in internationalization process should be Exporting (d) rather than Licensing (a)….. Please look into the matter

Deepak Pore

September 16, 2017 @ 10:28 pm

REPLY

No. Licence is the first step.

Anonymous

April 16, 2018 @ 11:16 pm REPLY

3.5

Anonymous

April 30, 2018 @ 3:08 am REPLY

0.5

Iqbal

May 7, 2018 @ 7:43 pm

REPLY

Nice https://www.indiaclass.com/international-business-multiple-choice-questions/

11/12

1/3/2020

International Business Multiple Choice Questions with Answers

Leave a Reply Enter your comment here...

Indiaclass

About Us

Terms of Use

Disclaimer

Contact Us

© Indiaclass 2020 Powered by WordPress • Themify WordPress Themes

https://www.indiaclass.com/international-business-multiple-choice-questions/

12/12...