1 year
2 years
3 years
There is no such time limit
Answer is Right!
Answer is Wrong!
Business environment and international business
2. Which of the following statements is not correct relating to comparison of FDI with trade?
Only one market can better be served with differentiated products
FDI overcomes tariff and transport cost involved in trade
FDI reduces financial risk through greater diversification
FDI creates harmonious political relations
Answer is Right!
Answer is Wrong!
3. Which one is not an element of legal environment?
Act of Parliamentarians in Lok Sabha
Indian Contract Act, 1872
Indian Partnership Act, 1932
Negotiable Instruments Act, 1881
Answer is Right!
Answer is Wrong!
Detailed SolutionWhich one is not an element of legal environment?
4. Consumer attitudes and beliefs about diet, health and nutrition are infuenced by
Economic environment
Cultural environment
Social environment
Natural environment
Answer is Right!
Answer is Wrong!
Detailed SolutionConsumer attitudes and beliefs about diet, health and nutrition are infuenced by
5. Which one is not an element of internal environment?
Marketing capability
Operational capability
Money and capital market
Personnel capability
Answer is Right!
Answer is Wrong!
Detailed SolutionWhich one is not an element of internal environment?
6. International trade is theoretically based on which principle?
Theory of comparative advantage
Theory of absolute advantage
Both A and B
None of the above
Answer is Right!
Answer is Wrong!
Detailed SolutionInternational trade is theoretically based on which principle?
7. Match List-I with List-II and select the correct answer: List I List II a. Supply side of international trade 1. David b. Demand side of international trade 2. Bastable and Alfred Marshall c. Opportunity cost international trade 3. G. Haberler d. Real cost theory of international trade 4. Alfred Marshall and Edgeworth
a-1, b-4, c-2, d-3
a-1, b-4, c-3, d-2
a-4, b-1, c-2, d-3
a-4, b-1, c-3, d-2
Answer is Right!
Answer is Wrong!
8. Which of the following can be referred as external factors affecting a business environment?
Controllable factors
Uncontrollable factors
Relevant factors
Global factors
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Answer is Wrong!
9. When a company takes over another one and clearly becomes a new owner, the action is called
Merger
Acquisition
Strategic alliance
None of the above
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Answer is Wrong!
10. In the context of globalisation,’Levitt Thesis’ means
Standardisation strategy to respond to the worldwide homogenised market and expand the market through aggressive low pricing
Customise products to regional markets
Customise products to meet the national markets
None of the above
Answer is Right!
Answer is Wrong!
Detailed SolutionIn the context of globalisation,’Levitt Thesis’ means