A license is a ______ permission issued by the government to an industrial undertaking.
1.oral.
2.written.
3.verbal.
4.non verbal.
Actually sickness where units being closed for more than __________ months.
1.5
2.6
3.7
4.12
Adding new, unrelated products or services for present customers is called horizontal ______
1.diversification.
2.Loss.
3.verification.
4.love
Anzcert means Australia and _____ which have closer economic relation and trade agreement.
1.New Jersey.
2.Nether land.
3.New Zealand
4.Nepal
As per cultural dimensions of Hofstede, masculinity refers to
1.Male- female ratio in the country
2.Society dominated by male members
3.Society characterized by aggressive and materialistic behaviour
4.War- ridden societies
Branches of international business do not include
1.International trade
2.Foreign direct investment
3.Foreign portfolio investment
4.Multinational business
Businesses represents the organized efforts of enterprises to supply _____ with goods and services.
1.producers
2.consumers.
3.intermediaries.
4.All of these.
By having business in different countries, a firm reduces
1.credit risk
2.political risk
3.financial risk
4.business risk
Corporate contribution to political parties are now been _____ in our country.
1.Legalized.
2.Customized.
3.Introduced.
4.None of the above.
Corporate values are the ______ of the corporate sector.
1.Shared values.
2.Moral beliefs.
3.Customer satisfaction
4.customer loyalty
Economic Environment refers to all forces which have a _______ impact on business.
1.Political.
2.Natural.
3.Economic
4.social.
Factors that affect global human resource management are
1.Economic Factor
2.Societal factor
3.Cultural Factor
4.All the above.
Fiscal policy refers to the policy of government regarding taxation, public expenditure and ___
1.public debt.
2.budgets.
3.policies.
4.non finance.
For the society, religion has no influence on
1.holidays
2.language
3.role of women
4.marketing practices
GDP is growth domestic _____
1.product.
2.profit.
3.peace.
4.post.
Geographical indications specifies
1.Place of origin of goods
2.Special characteristics of the product associated with place of origin
3.Place and special characters of the product
4.Place or special characters of the product
Has the per capita income increased or decreased from 1980 to 2009?
1.Increased.
2.Decreased.
3.Medium.
4.low.
How many main characteristics does todays business have?
1.six.
2.four.
3.ten.
4.eight.
In the PEST framework for environmental analysis what does the letter E stands for
1.Ethical
2.Ecological
3.Educational
4.Economic
Income and population are two variables that can be used
1.demographic segmentation
2.Behavioural segmentation
3.Lifestyle segmentation
4.Psychographic segmentation
Indirect regulations affecting international business does not include
1.Export licensing
2.Antiboycott regulations
3.Anti trust laws
4.Anti corruption laws
Internationalization of business is a mean of sustaining a strong domestic Base in term of technology, product, market and capital over a _______ period
1.shorter.
2.longer.
3.medium.
4.low.
Monetary policy relates to controlling
1.money supply
2.money supply and interest rate
3.money supply, interest rate and exchange rate
4.credit creation by banks
One concept of culture determines the _______________ of people.
1.experience.
2.ethics.
3.education.
4.wealth.
Porters model represent the relationship between _____
1.organizational and environment.
2.society and environment.
3.organization and society.
4.society and industry.
Product liability law relate to
1.Holding the manufacturer responsible for the damages caused to the genuine user of the product.
2.Liability of the customer for illegitimate use of the product
3.Liability of the seller for selling spurious goods
4.Holding the manufacturer for advertising the false information
The economic System whereby the state holds broad powers to serve the public interest, it decides what goods and services are produced and in what quantities and demand typically exceeds supply is
1.Market socialism
2.Market capitalism
3.Centrally- planned socialism
4.Centrally- planned capitalism
The following is not a feature of globalisation
1.Similar strategies are adopted by a firm in all markets
2.Only multinational firms engage in international business
3.Convergence of ideas and culture
4.Obliteration of national boundaries
The following statement relating to civil law is true
1.The role of judges to interpret the law
2.The role of judges to apply the law
3.It is based on established practiced
4.It is not applicable to criminal cases
The main concepts concerning about business goals or objectives are ______
1.Mission, objectives.
2.Mission, targets.
3.Mission, objectives, target.
4.Target, objectives.
The protection against the new invention of a product or process for a defined period is
1.patent
2.trade mark
3.copy right
4.Technology.
The system of government in a nation is called the
1.Political system
2.Economic environment
3.Political environment
4.National policy
The ______ is an introduction to the constitution and contains its basic philosophy.
1.preamble.
2.society.
3.process.
4.None of the above.
To assess the potential of international markets, organizations generally compare nations with respect to
1.political regime
2.demographics, GNP/capita and 'consumer preferences'
3.consumer preferences
4.demographics, GNP/capita
Waldsterben is called as ______
1.forest death.
2.wildlife death.
3.human lifestyle.
4.human death.
What are the significance of business environment?
1.First mover advantage.
2.Competition.
3.Information.
4.Globalization.
What are the twin objectives of our business contribution?
1.Justice and Welfare
2.Food and Shelter.
3.Law and justice.
4.Food and Clothing.
What does the term 'third sector' refer to?
1.the high technology industries
2.the service sector
3.the voluntary sector
4.small and medium sized enterprises (SMEs)
Which is the largest country within the EU by size of the population?
1.Poland
2.Germany
3.United Kingdom
4.France
Which is the one not included in national culture?
1.Language.
2.Internet.
3.Belief.
4.Attitude.
Which of the following could be effective in preventing a potential competitor from entering the market?
1.High capital costs
2.Differentiation
3.Retaliation
4.Low switching costs for buyers
Which of the following is not a major reactive motif for initiating export?
1.proximity to international customers/psychological distance
2.Competitive pressures
3.Foreign market opportunities/market information
4.Unsolicited foreign orders
_____ means joining with foreign companies to produce or market the products or services.
1.Direct investment.
2.Joint venture.
3.Franchising.
4.None of the above.
_____ to leisure varies from country to country.
1.Altitude.
2.Function.
3.Motivation.
4.Pain.
______ refers to all forces which have an economic impact.
1.Technological environment.
2.Political environment.
3.Economic environment.
4.Social environment.
_______ assuring the dignity of individual and unity and integrity of the nation.
1.Fraternity.
2.Equality.
3.Certainty.
4.Biosity.
________ diversification refers to adding new and unrelated products and services.
1.concentric.
2.conglomerate.
3.relationship.
4.culture.
________ is defined as systematic assessment of the social impact of the activities of a business firm.
1.Social audit.
2.Social responsibility.
3.Social interaction.
4.Hatredness.
_________ % of economic growth of USA, UK, Germany have come from technical progress achieved in these countries.
1.60%
2.70%.
3.50%.
4.55%.
_________ involves tracking environment trend, sequence of events (or) streams of activities
1.Scanning.
2.Monitoring.
3.Forecasting.
4.Assessing.