NCWEB B International Business

NCWEB B International Business

University

14 Qs

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NCWEB B International Business

NCWEB B International Business

Assessment

Quiz

Others

University

Medium

Created by

Varun Narang

Used 1+ times

FREE Resource

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does PESTEL analysis refer to in the context of international business?

People, Environment, Society, Technology, Economy, Law

Political, Economic, Social, Technological, Ecological, Legal

Political, Economic, Social, Technological, Environmental, Linguistic

Public, Economic, Social, Technological, Ecological, Legal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a component of the international business environment?

Legal Environment

Technological Environment

Cultural Environment

Political Environment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key challenge for firms entering international markets?

Stable tax policies

Familiarity with local culture

Uncontrollable external forces

Access to local resources

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which political ideology allows for multiple beliefs and backgrounds to coexist?

Totalitarianism

Democracy

Pluralism

Authoritarianism

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of economy is characterized by government control over resources?

Traditional Economy

Mixed Economy

Command Economy

Market Economy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a macro political risk?

Government takeover of property

Civil disorder affecting a single firm

Trade restrictions on specific companies

Changes in local tax laws

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the ecological environment in international business?

Technological advancements

Political stability

Cultural practices

Environmental sustainability

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