International Business MCQs and Notes

R

Rakesh Kumar • 28.44K Points
Instructor II

Q 1. Ownership of intellectual property is recognized in law by granting

(A) Licenses.

(B) Patents.

(C) Copyrights.

(D) Patent, copyright or trademark as appropriate.

P

Praveen Singh • 36.81K Points
Coach

Q 2. A contract drafted under civil law differs from that drafted under common law in the following respect

(A) It will be detailed.

(B) It will be shorter and less specific.

(C) It will provide less severe damages.

(D) It will be in detail.

A

Admin • 36.96K Points
Coach

Q 3. In international business cheaper alternatives to litigation is/ are

(A) Conciliation.

(B) Arbitration.

(C) Negotiations.

(D) Conciliation and arbitration.

P

Priyanka Tomar • 35.28K Points
Coach

Q 4. 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.

R

Ram Sharma • 193.86K Points
Coach

Q 5. Porter suggests the following reasons for one nation being more competitive than another

(A) Ability to speak English; developed network of supporting industries; absence of competition; and low labour cost.

(B) Abundant natural resources; skilled labour force; temperate climate; and democracy.

(C) Factor conditions; demand conditions; related and supporting industries; and firm strategy, industry strategy and rivalry.

(D) Strong sporting ethos; emphasis on individual achievement; strong national party in power; large home market.

P

Praveen Singh • 36.81K Points
Coach

Q 6. Scenarios are used to

(A) Develop a long term view of strategy.

(B) Build plausible views of different possible futures and develop a long term view of strategy.

(C) Identify key drivers of change.

(D) Develop a view of an environment which has a high degree of uncertainty, build plausible views of different possible futures and take a long term view of strategy.

R

Ranjeet • 34.60K Points
Instructor I

Q 7. In relation to the PESTEL framework, which of the following statements is correct?

(A) It assists in the assessment of organisational strengths and weaknesses.

(B) It allows a detailed analysis of the structure of an industry.

(C) It can be used as a checklist to understand the different environmental influences in the macro environment.

(D) Takes an historical perspective on the main political, economic, sociocultural,

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 8. Analysing the business environment best assists in

(A) Identifying key competitive forces; identifying competitive position; identifying key opportunities, threats, strengths and weaknesses.

(B) Auditing macro environmental influences; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats.

(C) Auditing external and organisational factors; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats.

(D) Assessing historical trends; auditing environmental dangers; identifying strategic capabilities; identifying competitive position.

V

Vinay • 28.75K Points
Instructor II

Q 9. 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.

P

Priyanka Tomar • 35.28K Points
Coach

Q 10. In a business cycle, the phase preceding prosperity is

(A) recession.

(B) depression.

(C) recovery.

(D) recession or depression.