MCQOPTIONS
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MCQOPTIONS
This section includes 195 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
……………...is the payment method most often used in International Trade which offers the exporter bestassurance of being paid for the products sold internationally. |
| A. | bill of lading |
| B. | letter of credit |
| C. | open account |
| D. | drafts |
| Answer» C. open account | |
| 102. |
The movement to free international trade is most likely to generate short-term unemployment in whichindustries |
| A. | industries in which there are neither imports nor exports |
| B. | import-competing industries. |
| C. | industries that sell to domestic and foreign buyers |
| D. | industries that sell to only foreign buyers |
| Answer» C. industries that sell to domestic and foreign buyers | |
| 103. |
Specific cultural dimensions that does not have a significant impact on cross-national businessinteractions is |
| A. | Hofstede’s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» E. | |
| 104. |
Ownership of intellectual property is recognized in law by granting |
| A. | Licenses. |
| B. | Patents. |
| C. | Copyrights. |
| D. | Patent, copyright or trademark as appropriate. |
| Answer» E. | |
| 105. |
________theory states that, lack of resources often helps countries to become competitive |
| A. | Competitive theory |
| B. | Porters Diamond Model |
| C. | Theory of Mercantilism |
| D. | Product life cycle theory |
| Answer» E. | |
| 106. |
For the society, religion has no influence on |
| A. | holidays. |
| B. | language. |
| C. | role of women. |
| D. | marketing practices. |
| Answer» C. role of women. | |
| 107. |
When the transaction is of high value, complex In nature and more technical __________method of the export sales contract is used. |
| A. | Performa invoice |
| B. | Purchase order |
| C. | Sales contact |
| D. | None of the above |
| Answer» D. None of the above | |
| 108. |
The disadvantages of Greenfield FDI as compared to acquisition is |
| A. | Profit will be less. |
| B. | Size of investment will be high. |
| C. | Lesser control in management. |
| D. | Delay in establishment. |
| Answer» E. | |
| 109. |
Capitalistic, communistic and mixed are the types of |
| A. | Economic system |
| B. | Political system |
| C. | Social System |
| D. | Cultural Attitudes |
| Answer» B. Political system | |
| 110. |
Professional culture refers to |
| A. | Shared belief of top managers about how they should manage themselves and their employees |
| B. | Shared code of ethics and other commonalities shared by members of a given group |
| C. | Both (a) and (c) |
| D. | None of the above |
| Answer» C. Both (a) and (c) | |
| 111. |
Wholly owned subsidiary can be set up |
| A. | as a Greenfield venture. |
| B. | to acquire an existing firm. |
| C. | to have products marketed overseas. |
| D. | to have management is overseas. |
| Answer» B. to acquire an existing firm. | |
| 112. |
In a business cycle, the phase preceding prosperity is |
| A. | recession. |
| B. | depression. |
| C. | recovery. |
| D. | recession or depression. |
| Answer» D. recession or depression. | |
| 113. |
Which one of the following is a method for an exporter to get a contract |
| A. | Proforma invoice |
| B. | Purchase order |
| C. | Sales contract |
| D. | All the above |
| Answer» E. | |
| 114. |
IBRD (International Bank for Reconstruction and Development) also known as |
| A. | EXIM Bank |
| B. | World Bank |
| C. | IMF |
| D. | International Financial Bank |
| Answer» C. IMF | |
| 115. |
The income level of residents in a country is indicated by |
| A. | gross national income. |
| B. | gross domestic product. |
| C. | per capita gross national income. |
| D. | per capita gross domestic product. |
| Answer» D. per capita gross domestic product. | |
| 116. |
When the exporter, expects the importer, to make the payment immediately upon the draftbeing presented to him is called. |
| A. | Sight Draft. |
| B. | Usance Draft |
| C. | Demand draft |
| D. | Pay Note |
| Answer» B. Usance Draft | |
| 117. |
A firm investing in a foreign country to distribute the products there in creation of |
| A. | Asset seeking FDI. |
| B. | Backward vertical FDI. |
| C. | Forward vertical FDI. |
| D. | Distribution FDI. |
| Answer» D. Distribution FDI. | |
| 118. |
Lower power distance countries are characterized by |
| A. | relationships based on equality and informality. |
| B. | authority being accepted without question. |
| C. | managers being paternalistic. |
| D. | tall organizations structure. |
| Answer» B. authority being accepted without question. | |
| 119. |
Social mobility is measured by |
| A. | The extent to which an individual can move the strata to which he/she belongs. |
| B. | The promptness with which an individual accepts foreign assignments. |
| C. | The extent to which inter- caste marriage is encouraged by the society. |
| D. | The extent to which the society as a whole shifts its habitat. |
| Answer» B. The promptness with which an individual accepts foreign assignments. | |
| 120. |
In 90’s the global management perception was based on |
| A. | Standardization v/s adaptation |
| B. | Globalization v/s localization |
| C. | Global integration v/s Local Responsiveness |
| D. | Local responsiveness |
| Answer» D. Local responsiveness | |
| 121. |
A country in the stage of traditional society is characterized by |
| A. | existence of traditional rule. |
| B. | non existence of industries. |
| C. | predominance of agriculture. |
| D. | complete absence of literacy. |
| Answer» D. complete absence of literacy. | |
| 122. |
The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of |
| A. | Subsidiary |
| B. | Joint venture |
| C. | Strategic International Alliance |
| D. | License agreement |
| Answer» D. License agreement | |
| 123. |
The basic objective of export Promotion Council is to promote and develop the Exports of the |
| A. | Particular products of country |
| B. | Only attractive projects of the country |
| C. | Only services industry products of the country |
| D. | Overall exports of the country. |
| Answer» E. | |
| 124. |
Identify a factor that doesn’t play an important role in attracting FDI |
| A. | Language |
| B. | Laws, rules and regulations |
| C. | Cost of resources |
| D. | Infrastructure related factors |
| Answer» B. Laws, rules and regulations | |
| 125. |
By entering into international business, a firm expects improvement in |
| A. | Marketing. |
| B. | All spheres of marketing, operation and finance simultaneously. |
| C. | Any or all spheres of marketing, operation and finance. |
| D. | Finance only. |
| Answer» D. Finance only. | |
| 126. |
Geographical indications specify |
| A. | Place of origin of goods. |
| B. | Special characteristics of the product associated with the place of origin. |
| C. | Place and special characters of the product. |
| D. | Place or special characters of the product. |
| Answer» D. Place or special characters of the product. | |
| 127. |
The following is not a component of culture |
| A. | Attitudes. |
| B. | Beliefs. |
| C. | Education. |
| D. | Life expectancy. |
| Answer» E. | |
| 128. |
The country that attract the largest FDI inflow is |
| A. | USA |
| B. | INDIA |
| C. | CHINA |
| D. | BRAZIL |
| Answer» D. BRAZIL | |
| 129. |
Conglomerate FDI refers to |
| A. | FDI made by a group of firms. |
| B. | FDI made in subsidiaries. |
| C. | FDI made in similar products. |
| D. | FDI made in unrelated products. |
| Answer» E. | |
| 130. |
Countries/ regions with huge market size will attract |
| A. | Market seeking FDI. |
| B. | Efficiency seeking FDI. |
| C. | Vertical FDI. |
| D. | Created assets seeking FDI. |
| Answer» B. Efficiency seeking FDI. | |
| 131. |
Which is the right sequence of a stages of Internationalization |
| A. | Domestic, Transnational, Global, International, Multinational |
| B. | Domestic, International, Multinational, Global, Transnational |
| C. | Domestic, Multinational, International, Transnational, Global |
| D. | Domestic, International, Transnational, Multinational, Global |
| Answer» C. Domestic, Multinational, International, Transnational, Global | |
| 132. |
Non- verbal communication |
| A. | includes written communication. |
| B. | has no place in international business. |
| C. | includes body language. |
| D. | should be learnt by business managers to communicate with foreigners. |
| Answer» D. should be learnt by business managers to communicate with foreigners. | |
| 133. |
Uneven distribution of natural resources |
| A. | is the only cause for international business. |
| B. | is the major factor for international business. |
| C. | is among the major factors for international business. |
| D. | is not a cause for international business. |
| Answer» D. is not a cause for international business. | |
| 134. |
Social stratification is done based on |
| A. | Income level. |
| B. | caste. |
| C. | education. |
| D. | any of the above. |
| Answer» C. education. | |
| 135. |
India is an |
| A. | Emerging economy |
| B. | Developed economy |
| C. | Less developed economy |
| D. | None of these |
| Answer» B. Developed economy | |
| 136. |
A country with high uncertainty avoidance will witness |
| A. | lower level of stress among people. |
| B. | decision taken as a result of group consensus. |
| C. | less dependence on rules and regulations. |
| D. | people are serene. |
| Answer» C. less dependence on rules and regulations. | |
| 137. |
A Most Favoured nation status doesn’t necessarily refer to |
| A. | Same and equal economic treatment |
| B. | Non-discriminatory treatment |
| C. | Same tariff rates applicable |
| D. | Uniform civil code |
| Answer» E. | |
| 138. |
Monetary policy relates to controlling |
| A. | money supply. |
| B. | money supply and interest rate. |
| C. | money supply, interest rate and exchange rate. |
| D. | credit creation by banks. |
| Answer» D. credit creation by banks. | |
| 139. |
The five forces that affect the level of competition in an industry are |
| A. | Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry. |
| B. | Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession. |
| C. | Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry. |
| D. | Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action. |
| Answer» B. Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession. | |
| 140. |
Factor of Interdependence in Multi-domestic strategy is |
| A. | Low |
| B. | Moderate |
| C. | High |
| D. | Very High |
| Answer» B. Moderate | |
| 141. |
…………… is application of knowledge which redefine the boundaries of global business |
| A. | Cultural Values |
| B. | Society |
| C. | Technology |
| D. | Economy |
| Answer» D. Economy | |
| 142. |
Subsidiaries consider regional environment for policy / Strategy formulation is known as |
| A. | Polycentric Approach |
| B. | Regiocentric Approach |
| C. | Ethnocentric Approach |
| D. | Geocentric Approach |
| Answer» C. Ethnocentric Approach | |
| 143. |
An attribute that doesn’t contribute to Porters Diamond model is |
| A. | Government |
| B. | Organized Trade union |
| C. | Factor Conditions |
| D. | Demand Conditions |
| Answer» C. Factor Conditions | |
| 144. |
Which of these is/are the characteristic of a licensing agreement |
| A. | The licensor might provide access to some of its patents or trademarks |
| B. | The licensor might provide access to technology |
| C. | It might be used to avoid the risks of foreign involvement |
| D. | All of the above |
| Answer» E. | |
| 145. |
General electric follows ___________ as its international operational strategy |
| A. | GLOBAL |
| B. | TRANSNATIONAL |
| C. | INTERNATIONAL |
| D. | MULTI-DOMESTIC |
| Answer» C. INTERNATIONAL | |
| 146. |
Religion of a person affects his/her |
| A. | attitude towards entrepreneurship. |
| B. | gifting practices. |
| C. | use of products. |
| D. | all of the above. |
| Answer» E. | |
| 147. |
As per cultural dimensions of Hofstede, masculinity refers to |
| A. | Male- female ratio in the country. |
| B. | Society dominated by male members. |
| C. | Society characterized by aggressive and materialistic behaviour. |
| D. | War- ridden societies. |
| Answer» D. War- ridden societies. | |
| 148. |
Which of these is a characteristic of multinational corporations> |
| A. | At least one -third directors are foreign nationals |
| B. | The company does 40% of its business in foreign markets |
| C. | The overseas markets are larger than the domestic market |
| D. | The affiliates are responsive tio a number of important environmental forces |
| Answer» D. The affiliates are responsive tio a number of important environmental forces | |
| 149. |
The stage indicating highest level of economic growth is |
| A. | age of mass consumption. |
| B. | age of mass production. |
| C. | maturity. |
| D. | drive to maturity. |
| Answer» B. age of mass production. | |
| 150. |
CISF pricing includes the following |
| A. | Commission is paid to the agent involved in the transaction |
| B. | Cost of the goods exported |
| C. | Freight & Insurance charges for the goods exported |
| D. | All of the above |
| Answer» E. | |