Global Business Environment MCQs
R
Q 41. The monopolist sells the remaining production in foreign countries at a low price continuously in _________
R
Q 42. When the production of a product is more than the demand in the home country, the stocks piled up even after sales is _________
R
Q 43. _________ is the sale of goods abroad at a price which is lower than the selling price of the same goods at the same time in the same circumstances at home, taking account of difference in transport costs.
V
Q 44. In WTO _________ is the highest hierarchical level in the organizational structure.
V
Q 45. First WTO Ministerial conference held in _________
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Q 46. A _________ is a contract under which a firm agrees to fully design, construct and equip a manufacturing/business service facility and turn the project over to the purchaser when it is ready for operation for a remuneration.
P
Q 47. _________ is the long term contracting out of non-core business processes to an outside to help achieve increased share holder value
R
Q 48. _________ is a form of licensing
P
Q 49. _________ is the application of knowledge which redefine the boundaries of global business.
A