Business Environment And International Business - Study Mode

Show All Answers

[#486] Assertion (A): Operating style of the international business can be spread to the entire globe. Reason (R): The style is limited to the internal economy only.

(A) Both (A) and (R) are true and (R) is the correct explanation of (A)

(B) Both (A) and (R) are true and (R) is not the correct explanation of (A)

(C) (A) is true, but (R) is false

(D) (A) is false, but (R) is true

Correct Answer

(B) Both (A) and (R) are true and (R) is not the correct explanation of (A)

[#487] The forces that lend momentum to the process of globalisation have been identified by Michael Porter include the following 1. Fluid global capital market 2. Technological restructuring 3. Decreasing religious command 4. Ethnic decontrol 5. New global competitors 6. End of the cold war in 1990s

(A) 6, 5, 4 and 3

(B) 6, 3, 2 and 1

(C) 6, 4, 2 and 1

(D) 4, 3, 2 and 1

Correct Answer

(C) 6, 4, 2 and 1

[#488] Match List-I with List-II and select the correct answer: List I List II a. Accommodating capital flow 1. Creation of international reserve assets by the IMF and their allocation among member countries in order to improve international liquidity b. Autonomous capital flow 2. Estimate of foreign exchange flow on account of either variations in the collection of related figures or unrecorded illegal transactions of foreign exchange c. SDR Allocation 3. Inflow of foreign exchange to meet the balance of payments deficit, normally from the IMF d. Statistical discrepancy 4. Flow of loans/investments in normal course of business.

(A) a-1, b-2, c-4, d-3

(B) a-3, b-4, c-1, d-2

(C) a-3, b-4, c-2, d-1

(D) a-3, b-1, c-2, d-4

Correct Answer

(B) a-3, b-4, c-1, d-2

[#489] From the following modes of international business, identify the mode which involves strategic alliance.

(A) Franchising

(B) Leasing

(C) Turnkey project

(D) Joint venture

Correct Answer

(D) Joint venture

[#490] Match the items of List-I with List-II and indicate the correct answer. List-I List-II a. Fiscal Policy 1. Mitigation of National hazards b. Technology Policy 2. Balance of Payment c. Macro-Economic Policy 3. Fiscal Federalism d. Monetary Policy 4. Inflation

(A) a-1, b-2, c-3, d-4

(B) a-3, b-1, c-2, d-4

(C) a-4, b-3, c-1, d-2

(D) a-2, b-1, c-4, d-3

Correct Answer

(B) a-3, b-1, c-2, d-4