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Published on: 29/08/2019
International Business - I
Download CBSE Class 11th Standard CBSE Business Studies question papers, sample papers, important questions, and previous year solved papers in PDF format. Get free study materials, NCERT solutions, and exam preparation resources for Class 11th Standard CBSE Business Studies
Questions + Answers key
Take MCQ Business Studies Test
1.
Which one of the following is not amongst India's major trading partners?
USA
UK
Germany
New Zealand
2.
Which one of the following is not amongst India's major import items?
Ayurvedic medicines
Oil and petroleum products
Pearls and precious stones
Machinery
3.
Which one of the following modes of entry brings the firm closer to international markets?
Licensing
Franchising
Contract manufacturing
Joint venture
4.
Which one of the following modes of entry permits greater degree of control over overseas operations?
Licensing/franchising
Wholly owned subsidiary
Contract manufacturing
Joint venture
5.
Which one of the following modes of entry requires higher level of risks?
Licensing
Franchising
Contract manufacturing
Joint venture
6.
Which of the following is not an advantage of exporting?
Easier way to enter into international markets
Comparatively lower risks
Limited presence in foreign markets
Less investment requirements
7.
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
8.
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as
Licensing
Franchising
Contract manufacturing
Joint venture
9.
In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee.
Licensing
Contract manufacturing
Joint venture
None of these
1.
(d)
New Zealand
2.
(b)
Oil and petroleum products
3.
(c)
Contract manufacturing
4.
(b)
Wholly owned subsidiary
5.
(c)
Contract manufacturing
6.
(a)
Easier way to enter into international markets
7.
(c)
Joint ventures
8.
(c)
Contract manufacturing
9.
(a)
Licensing
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