Quiz Assignment no 1_Audit Course 6_International Buisness

Quiz Assignment no 1_Audit Course 6_International Buisness

University

30 Qs

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Quiz Assignment no 1_Audit Course 6_International Buisness

Quiz Assignment no 1_Audit Course 6_International Buisness

Assessment

Quiz

Business

University

Practice Problem

Hard

Created by

Rahul Patil

Used 2+ times

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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.1 Which of the following approaches is most appropriate for an organization with little experience in international markets?

Joint venture
Acquisition
Strategic alliance
Exporting

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.2 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 for a fee

Licensing
Contract manufacturing
Joint venture
None of these

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.3 Which is the right sequence of stages of Internationalization?

Domestic, Transnational, Global, International, Multinational
Domestic, International, Multinational, Global, Transnational
Domestic, Multinational, International, Transnational, Global
Domestic, International, Transnational, Multinational, Global

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.4 Which trade theory holds that nations can increase their economic well-being by specializing in the production of goods they produce more efficiently than anyone else?

The theory of comparative advantage.
The theory of absolute advantage.
The international product life cycle theory.
The factor endowment theory.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.5 In country A, it takes 10 labor hours to produce cloth and 20 labor hours to produce grain. In country B, it takes 20 labor hours to produce cloth and 10 labor hours to produce grain. Which country should get cost advantage to produce grain?

B
No country should produce grain.
Both A and B should produce grain.
A

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.6 Privatization can be achieved by.

Leasing.
Franchising.
Contracting.
All of these.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Q.7 Liberalization means.

Free determination of interest rates.
Liberating the industry, trade, and economy from unwanted restrictions.
Opening of economy to the world by attaining international competitiveness.
Reducing number of reserved industries.

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