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Chapter:

60+ Unit 4 Solved MCQs

in Management of International Business

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Master of Business Administration (MBA) .

Chapters

Chapter: Unit 4
51.

The culture of an organization can be conceived as consisting of four layers.

A. Values, beliefs, behaviors and taken-for-granted assumptions.
B. Values, belief, tasks.
C. Belief, tasks, personalities.
D. Individual, functional, organizational.
Answer» C. Belief, tasks, personalities.
52.

The primary stakeholders are:

A. Customers.
B. Suppliers.
C. Shareholders.
D. Creditors.
Answer» C. Shareholders.
53.

The goal of corporate governance and business ethics education is to:

A. Teach students their professional accountability and to uphold their personal Integrity to society.
B. Change the way in which ethics is taught to students.
C. Create more ethics standards by which corporate professionals must operate.
D. Increase the workload for accounting students.
Answer» D. Increase the workload for accounting students.
54.

The corporate governance structure of a company reflects the individual companies’

A. Cultural and economic system.
B. Legal and business system.
C. Social and regulatory system.
D. All of the above.
Answer» A. Cultural and economic system.
55.

The internal audit function is least effective when the department:

A. Is non-independent.
B. Is competent.
C. Is objective.
D. Exhibits integrity
Answer» A. Is non-independent.
56.

Under which theory both internal and external corporate governance mechanisms are Intended to induce managerial actions that maximize profit and shareholder value.

A. Shareholder theory.
B. Agency theory.
C. Stakeholder theory.
D. Corporate governance theory.
Answer» D. Corporate governance theory.
57.

Which 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» B. Porters Diamond Model
58.

Theory of Mercantilism propagates

A. Encourage exports and imports
B. Encourage exports and discourage imports
C. Discourage exports and imports
D. Discourage exports and encourage imports
Answer» D. Discourage exports and encourage imports
59.

General electric follows ___________ as its international operational strategy

A. Global
B. International
C. Multi-domestic
D. Transnational
Answer» C. Multi-domestic
60.

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
61.

Which one is not an international organisation

A. SAARC
B. ASEM
C. ASEAN
D. CBDT
Answer» A. SAARC
62.

'De-coupling' denotes.

A. Indian market may be cutt off from global markets so that it may be affected by global volatility.
B. Separating the birds affected by bird flue.
C. that markets are independent.
D. None of the above.
Answer» D. None of the above.
63.

Out of the following, one is not related with WTO

A. TRIPS
B. Ministerial Conference
C. TRIMS
D. TRAI
Answer» D. TRAI
64.

What is Euro-lll?

A. European Currency
B. Group of European Countries
C. European Film Festival
D. Pollution central Scale
Answer» A. European Currency
65.

A letter of credits means

A. A bank agreeing to accept and pay on due date
B. A letter containing conditions of credit purchase or sale
C. A letter sent by exporter to importer sanctioning credit dial.
D. A letter sent by importer to exporter sanctioning credit deal.
Answer» A. A bank agreeing to accept and pay on due date
66.

The 21st member to join the G-20 is

A. Sri Lanka
B. Uzbekistan
C. Myanmar
D. Urugway
Answer» C. Myanmar
67.

Each member of IMF, is assigned a quota expressed in

A. Member country's currency
B. Dollar
C. Special Drawing Rights
D. None of the above
Answer» B. Dollar
68.

In independent India, the first major foreign exchange crisis occurred in the year __ .

A. 1955
B. 1956
C. 1969
D. 1991
Answer» C. 1969

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