Top 150+ Solved Global Business Environment MCQ Questions Answer

From 46 to 60 of 196

Q. ESCAP stands for _______

a. Economic and Social Commission for Asia and the Pacific

b. Economic and Social Centre for Asia and the Pacific

c. Economic and Social Commission for the Asia and Privatisation

d. Economic and Social Culture for Asia and Public

  • a. Economic and Social Commission for Asia and the Pacific

Q. ________ means setting a products a company to its affiliated company in hostcountry.

a. Direct exporting

b. Intra corporate transfer

c. indirect exporting

d. Exporting

  • b. Intra corporate transfer

Q. BOT means ____________

a. Business Outsourcing Trade

b. Balance on Trade

c. Build, operation and Transfer

d. Business Outsourcing Transaction

  • c. Build, operation and Transfer

Q. FERA was replaced by _______

a. FEMA

b. GATT

c. WTO

d. ITO

  • a. FEMA

Q. WTO was setup in ______

a. 1995

b. 1992

c. 1996

d. 1994

  • d. 1994

Q. __________ arrangement is also known as cross licensing

a. Licensing

b. Franchising

c. Intra corporate transfers

d. Contracts

  • a. Licensing

Q. A company doing international marketing contracts with a foreign producer tomanufacture or assemble the products for a sale in the foreign market is ________

a. Management contract

b. Contract Manufacturing

c. Turnkey Contract

d. Licensing

  • b. Contract Manufacturing

Q. __________ is part of the parent corporation and simply an extension of domesticoperation.

a. Foreign Subsidiary

b. Overseas branch

c. Third country location

d. Assembly operation

  • b. Overseas branch

Q. _________ is a separate company organised under a foreign nations legal codewith accountability distinct from the parent company.

a. Foreign subsidiary

b. Oversees branch

c. Assembly operation

d. Fully owned manufacturing

  • a. Foreign subsidiary

Q. _________ is a peculiar form of international trade that encompasses more thanan exchange of goods services or idea for money.

a. Turnkey contract

b. Licensing

c. Counter Trade

d. Buy back

  • c. Counter Trade

Q. __________ of economic policy is intended to promote the integration of Indianeconomy with the global economy.

a. Globalisatioin

b. Liberalisation

c. Privatisation

d. None of the above

  • b. Liberalisation
Subscribe Now

Get All Updates & News