BE 2

___ of strategy is that phase of the strategic management process in which the top managers determine whether their strategic choice as implemented is meeting the objectives of the enterprise.

Which of the following come under the 'Primary' classification of Industry

• Extractive Industry

• Manufacturing Industry

• Construction Industry

• Genetic Industry

Answer explanation

The rest are secondary classifications as they convert raw material into a finished good.

______ refers to buying & selling of goods or services within the geographical boundaries of a country. It is also known as home trade or domestic trade. Under internal trade, goods & services are bought & sold in the home currency only.

____ is called the buying & selling of goods & services beyond the geographical limits of the country. It is also 'generally' known as trade between two or more countries.

______ is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging.

Answer explanation

It is basically a trade in which imported goods are re-exported with or without any additional processing or repackaging. Entrepotis mainly used to refer to duty-free ports with the high volume or re-export trade. At entrepot, goods do not face any import and export duties upon shipment from the port.

Manufacturing is to Industry as

Commerce is to?

Answer explanation

Trade is an integral part of commerce. It includes buying & selling of goods & services. The trade segment of commerce brings together the manufacturer & the consumer, i.e. it is a link between the manufacturer & the consumer.

__________is defined as “that set of decisions and actions which leads to the development of an effective strategy or strategies to help achieve corporate objectives.”

Which of the following options are part of the process of 'Environmental analysis'

• Forecasting Future

• Monitoring trends

• Making memos

• scanning Leanna's notebook

• Seeing walkers throw garbage on the road

Which set of organisations provide the various rules and guidelines to be followed in International Trade

• UNICEF, UNDP

• UNODC, UNGA

• WTO, UN

• CSW, IPC

What is the 'Positive Technical Policy'?

• A trade agreement from India to export other tech with ease

• Policy to make exams as technically challenging as possible to create brighter students

• something Jaswant said during Mr.Fresher

• Not negative technical policy.