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ANSWER: D, 180. A. the marketer can use it to identify the purchasing power of the population in each country. B. convention on climate change. D. Tribal totalitarianism. ANSWER: C, 142. D. The French. C. Antibribery regulations. Which economic factors should be analysed by organizations wishing to expand in international markets? A. expropriation. Special characteristics of the product associated with the place of origin. C. Traditions. The culture of an organisation can be conceived as consisting of layers C. UNCLOS III D. Competitive bidding is less important. B. C. Place and special characters of the product. ANSWER: A, 143. C. help estimates consumer purchasing power. A. ANSWER: D, 178. ANSWER: A, 183. C. joint venture. B. trademark. A. Romanians. C. copy right. D. situational variables. A. D. 2003. B. licensing. ANSWER: A, 163. ANSWER: D, 185. Which of the following sentences about individualism is not true? The cultural web is a B. C. set up a socialist society based on equality. Required fields are marked *. A. task. C. Purchasing power. What are the main objectives of the Five-year plan? B. Secular economy. B. consultancy exports. The shared parts of the earth. The protection against the new invention of a product or process for a defined period is D. SWOT analysis is the best strategic management framework for analysing the competitive positioning of an organization. D. 90-95 per cent Which of the following statement is true? A. the high technology industries. ANSWER: A, 170. ANSWER: C, 128. B. Collectivism. C. Command economy. D. strategic alliances. TRIPS agreement excludes subjects covered by WIPO conventions. Profit may be defined as The senior strategic managers in the organization A. for product only. It is the largest of four constituent countries of the Kingdom of the Netherlands . ANSWER: B, 167. C. International competitiveness. Terrorism in the host country is a The environment is synonym with B. values. B. competitors. A. D. the marketer can use it to identify lifestyle patterns within various age groups. D. 5.5 % per annum. ANSWER: A, 113. A. Director General of Total Development. B. ANSWER: B, 125. A trademark is a word, phrase, or logo that identifies the source of goods or services. The demographic characteristics. MFN is an acronym of D. distributors. Employment. D. India. B. A. The firms trying to simultaneously achieve low costs by locating economies in the firm`s global network of operations is B. Competitors, Customers and Public are the part of A. B. licensing. Characteristic of weak uncertainty avoidance is resistance to change, a desire for stability. D. balanced economy. D. Industrial design. B. Individualists tend to see brands as unique human personalities. D. External and organisational environments. B. C. Procurement, Firm Infrastructure, Human Resource Management, Technology Development and Marketing & Sales. These exchanges can go beyond the exchange of money for physical goods to include international transfers of other resources such as people; intellectual property such as patents, copyrights, brand trademarks, and data; and contractual assets or liabilities. ANSWER: C, 110. ANSWER: B, 165. A. Macro, Corporate, Individual. B. confiscation. C. America. The purpose of a SWOT analysis is to analyse ANSWER: B, 145. ANSWER: B, 176. ANSWER: D, 171. A. helps predict a change in lifestyle across Europe. C. Most Fortune Nations. D. the amount of money paid to shareholders as dividends. A. Individualism. C. transfer risk. D. Functional. B. A. individualism. They pay close attention to long-standing relationships. A. B. C. marketing. D. international strategy. A. achieve full employment. Market diversification. Place of origin of goods. D. criminal law. ANSWER: A, 138. C. Socialism. The cultural frames of reference include The new economic policy has components C. consumer preferences. C. Dynamic. Hyperbole, persuasiveness, dreams, great expectations, and comparative advertising are reflections of which Hofstede’s dimension? D. Inbound Logistics, Operations, Outbound Logistics, Marketing & Sales and Service. Deficit. B. D. Religious law. D. All the above. B. for process only. C. both for product and process A. C. consumerism. SWOT should be The parts of the Earth is not accessible to anyone nation. ANSWER: A, 189. B. the marketer can use it to identify the potential number of customers in various age groups. A. France. A. A. The goods and the services produced, priced and distributed by the government is ANSWER: A, 188. The largest oil-exporting country in the world is ANSWER: C, 104. C. Raising GDP growth. B. D. Director General of Transport Development. Set of assumptions held in common within an industry. A. macro environment. C. Attitude. To assess the potential of international markets, organizations generally compare nations with respect to Production process and standards of measurement. C. nationalization. C. business necessities. The Paris Convention for the Protection of Industry Property was dated D. turnkey projects. B. much more than those in small power distance and individualistic cultures. D. domestication. D. Individualism is increasing world-wide because it is associated with wealth. D. LPG. Values; beliefs; tasks, objectives. Strong exchange rates can 5.009. A. Collectivism. 1883. A. controlled. An agreement whereby a person grants the other the rights to the intangible property for a specified period for a return of royalty is C. 1983. Reducing the govt. C. having a multi-ethnic workforce. ANSWER: B, 105. To know more about MBA Assignments, Model papers, Project reports, click on the links, ⇒  Please Contact us for further information / clarification. D. Most Fastest Nations. C. civil law. B. differentiated. B. B. The value chain attempts to identify those activities which add value to Which type of organization structure is characterized by departments or units dealing with specialized tasks? ANSWER: B, 155. How can a marketer use the age distribution of the population in a market? C. project exports. A. expropriation. C. The cultural factors. A. A. B. Individualism. A. ANSWER: C, 118. B. boycott. C. Representation of the power in an organisation. 5 % annum. ANSWER: A, 141. C. Educational. Service, human resource management, marketing & sales, operations and outbound logistics. Director-General of Trade and Development. A. focused. B. the service sector. A. franchising. C. a qualification needed by company directors. C. transnational strategy. ANSWER: A, 119. The roots of individualism are in C. nationalization. C. Customer databases, market research reports, management reports. ANSWER: C, 135. ANSWER: B, 108. Which answer below provides the correct components for primary activities? A. global standardization strategy. A. patent. In the PEST framework for environmental analysis, what does the letter E stands for D. cultural. ANSWER: B, 121. of and to in a is that for on ##AT##-##AT## with The are be I this as it we by have not you which will from ( at ) or has an can our European was all : also " - 's your We A. WIPO conventions are more valid. The idea that consumers are in charge of the economic system because their preferences drive business decisions about what to produce is referred to as A. Matrix. D. general risk. Learn how your comment data is processed. C. Beliefs; tasks; personalities. ANSWER: D, 175. Nature and Scope of Obligations. C. economic system. Economic environment. Language. A. A. A. B. localization strategy. D. The technological factors. A. how an organisation meets the expectations of its stakeholders. A. The entry mode that allows firms to export their process know- how to countries where FDI is prohibited, thereby enabling the firm to earn a greater return from this assets is ‹òæ÷"ÆOß;Jks8Pk³;®—æï%, Geographical Indications - An Introduction, World Intellectual Property Organization (WIPO). ANSWER: D, 124. Definition of the competitive structure of an industry. A. ANSWER: B, 129. Corporate Social Responsibility concerns A. global standardization strategy. Privatization. B. A general list of issues under each heading. C. organized. C. The organizations shareholders. ANSWER: A, 179. ANSWER: B, 112. A. ownership risk. A. C. Globalization. B. Europe. D. Technology. D. Representation of the politics in an organisation. ANSWER: C. 2 Created on September 05, 2020 By Eguardian India Quiz Test for Global Business Environment for preparation of various competitive and academic exams like UGC, NET, BCOM, MCOM, MBA, BBA and many other regular and distance education exams 1 / 25 By having business in different countries, a firm reduces political risk credit risk business risk financial risk 2 / 25 By entering into international business, a firm expects an improvement in Finance only All spheres of marketing, operation and finance simultaneously Marketing Any or all spheres of marketing, operation and finance 3 / 25 International business does not result in the following Consumption is minimized Imports are rendered cheap International cooperation is encouraged Innovation is encouraged 4 / 25 Free international trade maximizes world output through Reduction in taxes Countries specializing in production of goods they are best suited for Encouraging competition Increased factor income 5 / 25 The following factor does not differentiate the international business from domestic business trade policies different currencies product quality product mobility 6 / 25 Uneven distribution of natural resources is among the major factors for international business is the only cause for international business is the major factor for international business is not a cause for international business 7 / 25 Immobility of labour among nations is Of the same degree as within the country Absolute Relatively of a higher degree than among regions in the same country Relatively easier than movement within the country 8 / 25 Land as a factor of production is immobile Within the nation Between the countries Within the region In all cases 9 / 25 Business across several countries with some decentralization of management decision making to subsidiaries is Multinational business Multi-regional business Global business Transnational business 10 / 25 Geographical indications specify Place of origin of goods Special characteristics of the product associated with the place of origin Place and special characters of the product Place or special characters of the product 11 / 25 Social stratification is done on the basis of Income level education caste any of the above 12 / 25 The following nationals would be aggressive at the beginning of business negotiations but offer large concessions in the end Japanese German Russian American 13 / 25 The role of women is restricted in India Traditional Islamic countries Middle East countries Eastern countries 14 / 25 For society, religion has no influence on marketing practices role of women language holidays 15 / 25 The religion of a person affects his/her attitude towards entrepreneurship use of products gifting practices all of the above 16 / 25 Non- verbal communication should be learnt by business managers to communicate with foreigners includes body language has no place in international business includes written communication 17 / 25 The following is not a component of culture Life expectancy Education Beliefs Attitudes 18 / 25 The following statement with respect to culture is false Culture is determined by national boundaries Culture is evolved among the members of society Culture is changing Culture is enduring 19 / 25 Countries/ regions with huge market size will attract Created assets seeking FDI Vertical FDI Efficiency seeking FDI Market seeking FDI 20 / 25 Conglomerate FDI refers to FDI made in unrelated products FDI made in similar products FDI made in subsidiaries FDI made by a group of firms 21 / 25 The disadvantages of Greenfield FDI as compared to acquisition is Delay in the establishment Lesser control in management Size of investment will be high Profit will be less 22 / 25 A firm investing in a foreign country to distribute the products therein creation of Distribution FDI Forward vertical FDI Backward vertical FDI Asset seeking FDI 23 / 25 No new investment in the host country is created in the case of Vertical FDI Horizontal FDI Acquisition Greenfield FDI 24 / 25 The essential feature of FDI is Investment of low value Investor’s influence on the management of the enterprise Investment in shares Investment of very high value 25 / 25 The wholly-owned subsidiary can be set up to have management is overseas to have products marketed overseas to acquire an existing firm as a Greenfield venture Your score is The average score is 42% LinkedIn Facebook Twitter 0% Restart quiz div#ays-quiz-container-35 * { box-sizing: border-box; } /* Styles for Internet Explorer start */ #ays-quiz-container-35 #ays_finish_quiz_35 { } /* Styles for Quiz container */ #ays-quiz-container-35{ min-height: 350px; width:100%; background-color:#ffffff; background-position:center center;border-radius:0px 0px 0px 0px;box-shadow: 0 0 15px 1px rgba(0,0,0,0.4);border: none;} /* Styles for questions */ #ays-quiz-container-35 #ays_finish_quiz_35 div.step { min-height: 350px; } /* Styles for text inside quiz container */ 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Quiz Test for Global Business Environment for preparation of various competitive and academic exams like UGC, NET, BCOM, MCOM, MBA, BBA and many other regular and distance education exams, By having business in different countries, a firm reduces, By entering into international business, a firm expects an improvement in, International business does not result in the following, Free international trade maximizes world output through, The following factor does not differentiate the international business from domestic business, Land as a factor of production is immobile, Business across several countries with some decentralization of management decision making to subsidiaries is, Social stratification is done on the basis of, The following nationals would be aggressive at the beginning of business negotiations but offer large concessions in the end, For society, religion has no influence on, The following is not a component of culture, The following statement with respect to culture is false, Countries/ regions with huge market size will attract, The disadvantages of Greenfield FDI as compared to acquisition is, A firm investing in a foreign country to distribute the products therein creation of, No new investment in the host country is created in the case of, The wholly-owned subsidiary can be set up, Global Business Environment MCQs with Answers – Set1, For more question answers you may also visit the link.

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