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3-3: International Business Organizations

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

Which one is a Multinational company?

a)

an organization that does business in several countries

b)

an agreement between two or more companies to share a business project

2.

Which is a joint venture?

a)

An organization that does business in several countries

b)

An agreement between two or more companies to share a business project

3.

When dealing with a MNC, the parent company is usually in the:

a)

HOME COUNTRY

b)

HOST COUNTRY

c)

FOREIGN COUNTRY

4.

A company is planning to sell the rights to its brand name for use in other countries. This is an example of a

a)

joint venture

b)

trade agreement

c)

franchise

d)

licensing agreement

5.

The international organization that settles trade disagreements and enforces free-trade agreements is the

a)

WTO

b)

IMF

c)

United Nations

d)

World Bank

6.

A strategy that uses the same product and marketing strategy worldwide would be a

a)

Multinational strategy

b)

Secret strategy

c)

Worldwide strategy

d)

Global strategy

7.

One example given of a global strategy was

(a)  

8.

Which was not an example of a global market entry mode?

a)

Licensing

b)

Franchising

c)

Joint Venture

d)

Capitalism

9.

If you are school shopping and you see notebooks with Disney characters, MLB teams, and Bluey on them, this would be an example of what?

a)

Licensing

b)

Franchising

c)

Joint venture

d)

Identity theft

10.

Whattaburger, Wendys, Sonic, KFC, Taco Bell and McDonalds are all examples of what?

a)

Licensing

b)

Franchising

c)

Joint Venture

d)

Places to take your date on Prom night

11.

Which is not a benefit of a joint venture?

a)

Sharing raw materials

b)

Sharing production facilities

c)

Sharing profits

d)

Sharing shipping facilities

12.

True or False

Joint ventures are not very popular for manufacturing

a)

True

b)

False

13.

Which is an International Trade Organization? (Choose all that apply)

a)

WTO

b)

IMF

c)

World Bank

d)

WWE

14.

Which trade organization was created to help provide loans for rebuilding after WW II

a)

World Trade Organization

b)

International Monetary Fund

c)

World Bank

15.

Choose all the other goals of the WTO

a)

Lowering tariffs that discourage free trade

b)

Eliminating import quotas

c)

Reducing barriers for banks, insurance companies and other financial services

d)

Assisting poor countries with economic growth

e)

Monitors all stock market activity in the U.S.