McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .
Chapters
| 1. |
Geographical indication specifies: |
| A. | Place of origin of goods only |
| B. | Special characteristics of product associated with place of origin. |
| C. | Both (a) and (b) |
| D. | none |
| Answer» A. Place of origin of goods only | |
| 2. |
Strategic alliance cannot be between: |
| A. | Manufacturer and supplier |
| B. | Competitors |
| C. | Non- competitors |
| D. | None of the above |
| Answer» C. Non- competitors | |
| 3. |
The mode of entry into international business with least risk to the firm is |
| A. | Export house |
| B. | Trading house |
| C. | A manufacturing exporter |
| D. | Merchant exporter. |
| Answer» D. Merchant exporter. | |
| 4. |
A global company can----------- its experience to expand its global operations |
| A. | Contract |
| B. | Expand |
| C. | Minimize |
| D. | Leverage |
| Answer» A. Contract | |
| 5. |
Governmental regulations can affect the viability & ----------- of a company using the internet as a foreign market entry mode. |
| A. | Effectiveness |
| B. | Association |
| C. | Performance |
| D. | None of the above |
| Answer» C. Performance | |
| 6. |
______ typically offer more flexibility in international markets. |
| A. | SMEs |
| B. | LSEs |
| C. | MNEs |
| D. | None of the above |
| Answer» D. None of the above | |
| 7. |
Which of the following is not a driver of globalization? |
| A. | The fragmentation of consumer tastes between countries. |
| B. | The competitive process. |
| C. | Multinational companies successfully persuading governments to lower trading barriers. |
| D. | The need to gain economies of scale. |
| Answer» C. Multinational companies successfully persuading governments to lower trading barriers. | |
| 8. |
Globalization is beneficial for firms because: |
| A. | It protects them against foreign competition. |
| B. | It cushions them from the effects of events in other countries. |
| C. | It opens up new market opportunities. |
| D. | It increases the risk and uncertainty of operating in a globalizing world economy. |
| Answer» B. It cushions them from the effects of events in other countries. | |
| 9. |
The internet facilitates globalization by: |
| A. | Making it more difficult to contact potential customers abroad. |
| B. | Cutting the cost for firms of communicating across borders. |
| C. | Making it harder to send money from one country to another. |
| D. | Making it easier for governments to censor the information received by their citizens from abroad. |
| Answer» A. Making it more difficult to contact potential customers abroad. | |
| 10. |
Globalization can create problems for business because: |
| A. | It can result in more competition. |
| B. | It increases vulnerability to political risk and uncertainty when operating abroad. |
| C. | It means that they can increase prices. |
| D. | All of the options given are correct. |
| Answer» B. It increases vulnerability to political risk and uncertainty when operating abroad. | |
| 11. |
How does international law facilitate international trade and investment? |
| A. | It makes it easier to resolve contract disputes for firms involved in international trade and investment. |
| B. | It allows business to choose the most favorable national legal system to institute proceedings. |
| C. | The terms used in international conventions are open to differing interpretations. |
| D. | The Uniform Commercial Code favors big US multinationals. |
| Answer» C. The terms used in international conventions are open to differing interpretations. | |
| 12. |
Laws relating to The Single Market Program allow EU-based companies to: |
| A. | Move goods and services from any member state to another. |
| B. | Transfer managers to any member state. |
| C. | Invest anywhere in the EU. |
| D. | All of the options given. |
| Answer» A. Move goods and services from any member state to another. | |
| 13. |
Competition Law in the EU means that firms: |
| A. | Are free to set up international cartels. |
| B. | May be refused permission to take over a US competitor. |
| C. | Can not be made to repay government financial assistance. |
| D. | Can cross-subsidise loss-making services from profitable activities. |
| Answer» C. Can not be made to repay government financial assistance. | |
| 14. |
The existence of different currencies is beneficial to private financial institutions because: |
| A. | Each country has its own currency. |
| B. | The exchange rate of each currency is fixed by the International Monetary Fund. |
| C. | A collapse in the exchange rate of a currency can cause economic disruption. |
| D. | Profits can be made from arbitrage. |
| Answer» A. Each country has its own currency. | |
| 15. |
The International Monetary Fund is important because: |
| A. | It has sufficient financial resources to deal with a major global financial crisis. |
| B. | It has sufficient financial resources to help individual countries facing balance of payments problems. |
| C. | Emerging economies can exercise significant influence on it. |
| D. | It fixes exchange rates. |
| Answer» A. It has sufficient financial resources to deal with a major global financial crisis. | |
| 16. |
What functions do financial institutions traditionally perform? |
| A. | They immobilise savings. |
| B. | They concentrate risk. |
| C. | They spread risk. |
| D. | They offer only short-term finance. |
| Answer» A. They immobilise savings. | |
| 17. |
Ethnocentric views concentrate on their |
| A. | home country |
| B. | host country |
| C. | world orientation |
| D. | Raci al orientation |
| Answer» A. home country | |
| 18. |
Specific cultural dimensions that does not have a significant impact on cross national business interactions is |
| A. | Hofstede’s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» D. Geography | |
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