BST

Production and concentrating on marketing operations in International Business is known as

• joint venture

• Contract Manufacturing

• Licensing

• Franchising

In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country or a fee?

• Contract Manufacturing

• Licensing

• None of these

• Joint venture

When two or more firms come together to create a new business entity that is legally separate and distinct from its parents, it is known as

• Franchising

• Joint Venture

• Licensing

• Contact Manufacturing

Which one of the following modes of entry requires a higher level of risk?

• Franchising

• Contract Manufacturig

• Licensing

• Joint Venture

Which one of the following modes of entry permits the greatest degree of control over overseas operations?

• Joint Venture

• Wholly owned subsidiary

• Licensing/Franchising

• Contract Manufacturing

Which one of the following modes of entry brings the firm closer to International markets?

• Joint Venture

• Contract Manufacturing

• Licensing

• Franchising

Which one of the following is not amongst India's major import items?

• Machinery

• Oil and Petroleum Products

• Ayurvedic Medicines

• Pearls and Precious Stones

Which one of the following is not amongst India's major export items?

• Oil and Petroleum Products

• Gems and Jewellery

• Textiles and Garments

• Basmati Rice

Which one of the following is not amongst India's major trading partners?

• USA

• UK

• Germany

• New Zealand

Which one of the following do not form part of the duty drawback scheme?

• Refund of Custom duties

• Refund if income dock charges at the port of shipment

• Refund of export duties

• Refund of excise duties