Top 150+ Solved Global Business Environment MCQ Questions Answer
Q. Contract Manufacturing is a form of _________
a. Acquisition
b. Franchising
c. Licensing
d. Joint venture
Q. _________ is the first ever set of multilateral, legally enforceable rulescovering international trade in services.
a. GATS
b. TRIPS
c. TRIMS
d. WTO
Q. Removal of QRS means _________
a. Duty free imports
b. An item can be imported without import license or quotas
c. All imports are free of tariffs
d. None of the above
Q. _________ transfers are selling of products by a company to itsaffiliated company in host country.
a. Indirect export
b. Direct exporting
c. Intra-corporate
d. All the above
Q. _________ is the long term contracting out of non-core business processes to an outside provider to help achieve increased shareholder value.
a. BPO
b. Turnkey project
c. Contract Manufacturing
d. Management Contract
Q. WTO members abolished quotas on trade in _________
a. Agriculture
b. Textiles and clothing
c. Tropical products
d. Natural Resources based products
Q. ___________ operates as a co-operative, multi-lateral, economic and trade forum.
a. ASEAN
b. APEC
c. SAARC
d. ESCAP
Q. Marketing forces to determine the exchange rate of currencies under______.
a. Gold Standard
b. Bretton wood system
c. Floating rate system
d. Credit Tranche