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IBE QUIZ 2

Authored by Cụt Nguỹn

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University

Used 5+ times

IBE QUIZ 2
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61 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Tea industry, there are many firms, each has their own distinctive taste and brand name

  1. Oligopoly 

  1. Perfect competition

Monopoly

  1. Monopolistic competition

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Group of firms set prices and output according to a plan to divide the market among themselves

Oligopoly

Strategic interaction

Collusion

Monopolistic competition

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A substitute product or service is:

A new entrant into the industry

A less attractive way of meeting the same need

An alternative way of meeting the same need

A competitor’s product or service

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mixed law systems are usually combinations of?

civil law and common law

common law and theocratic law

civil law and theocratic law

common law and bureaucratic law

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Hofstede and Fon Trompenaars agreed that culture differences occur in which aspect

specific vs. diffuse relationships

inner directed vs. outer directed

masculinity vs. femininity

collectivism vs. individualism

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What forecasting technique is based upon the informed opinion of people in the relevant field?

Judgemental

Scenario

Delphi method

Brainstorming

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A systematic application of scientific knowledge to practical tasks is known as

culture

legal

technology

demographic

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