Top 150+ Solved Global Business Environment MCQ Questions Answer
Q. _________ is the process of convincing the various powerful elementsof the environment to act in the favour of the organisations.
a. Coalescing
b. Co-optation
c. Lobbying
d. None of the above
Q. _________ is an open forum of government
a. Two party system
b. Single party system
c. Dominated one party system
d. Parliamentary system
Q. _________ is an unintended channel of distribution that runs parallelto the planned channel.
a. Gray market
b. Black market
c. Bribery
d. Counterfeiting
Q. ________ is a series of bilateral agreement between America, Canadaand Mexico
a. SAARC
b. APEC
c. NAFTA
d. ASEAN
Q. _________ means replacement of existing non-tariff restriction on tradesuch as import quotas.
a. Tariffication
b. Tariff binding
c. Tariff cuts
d. Reduction in subsidies
Q. The import aspects of the UR agreement on agriculture includeTariffication, Tariff binding, Tariff cuts and _________
a. Tariff
b. Tariff rates
c. Reduction in subsidies and
d. None of the above
Q. The combined package of trade rules and Tariff concessions becameknown as the _________
a. WTO
b. GATT
c. NAFTA
d. SAARC
Q. _________ may be defined as "information with a commercial value".
a. GATT
b. TRIPS
c. WTO
d. IPRS
Q. Creators can be given the right to prevent others from using theirinventions, designs or other creations is known as _________
a. TRIMS
b. TRIPS
c. IPRS
d. GAAT
Q. In TRIPS, a patent would be applicable for _________
a. 10 Years
b. 20 years
c. 25 years
d. 30 years
Q. GATS covers which of the following?
a. Cross-border equity
b. Consumption abroad
c. Commercial presence
d. All the above
Q. WTO Anti-dumping agreement doesn't have _________
a. rules for calculating the amount of dumping
b. procedures for conducting anti-dumping investigations
c. rules for setting disputes related to restrictive quota practices
d. standards for dispute settlement panels to apply in anti-dumping disputes