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WorksheetsInternational Business
Total questions: 15
Worksheet time: 8mins
The Theory of Absolute Cost Advantage is given by
Adam smith
D. Richardo
Raymond Varnoon
Porter
Imitative theory is a theory of
FDI
International trade
Foreign exchange
Export
Knickerbocker's theory suggests that much FDI is explained by imitative behavior by rival firms in an .................... industry
monopolistic
oligopolistic
plastic
perfectly competitive
The process of rapid integration or interconnection between countries through free trade, free mobility of capital and labour is called
Foreign trade
Liberalisation
Globalisation
Privatisation
Which type of multinational enterprise combines global efficiency with local responsiveness, integrating operations while also adapting to local market needs?
Multidomestic firm
Global firm
Transnational firm
Regional firm
Which type of multinational enterprise focuses on achieving efficiencies through global integration and offers standardized products across international markets?
Multidomestic firm
Multinational firm
Global firm
Transnational firm
Which type of multinational enterprise operates in multiple countries but adapts its products and services to fit local markets, often with decentralized decision-making?
Multidomestic firm
Multinational firm
Global firm
Transnational firm
IBRD head office is at
Washington
Paris
Newyork
India
THE WORLD BANK WAS FORMED IN THE YEAR _______.
1944
1945
1946
1947
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
contract manufacturing
Franchising
Joint ventures
Licensing
Which is the right sequence of a stages of Internationalization
Domestic, Transnational, Global, International, Multinational
Domestic, International, Multinational, Global, Transnational
Domestic, Multinational, International, Transnational, Global
Domestic, International, Transnational, Multinational, Global
Capitalistic, communistic and mixed are the types of
Political system
Economic system
Social system
Cultural attitude
The Theory of Relative Factor Endowments is given by
Ohilin-Hecksher
D. Richardo
Richardo
Porter
