Top 150+ Solved Global Business Environment MCQ Questions Answer
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
Q. __________ is a method of doing business by which a franchisee is granted the right to offer, sell or distribute goods or service under a system created by the Franchisee.
a. Agreement
b. Dealership
c. Patent
d. Franchising
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
Q. BOT means ____________
a. Business Outsourcing Trade
b. Balance on Trade
c. Build, operation and Transfer
d. Business Outsourcing Transaction
Q. ________ is the process of contracting with foreign firms granting themproprietary right to use technology, copyrights, trade marks, brand names etc.
a. Franchising
b. Licensing
c. Contract
d. None of the above
Q. __________ arrangement is also known as cross licensing
a. Licensing
b. Franchising
c. Intra corporate transfers
d. Contracts
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
Q. _________ are therefore arrangement where by for a fee, one company provides personnel to perform general specialised management functions for another company.
a. Lisensing
b. Franchising
c. Contract Manufacturing
d. Management contract
Q. _________ is a contract under which a firm agrees to fully design, construct and equip a manufacturing or business or service facility and turn the project to the purchaser ready for operation for a remuneration.
a. Manufacturing contract
b. Management contract
c. Turnkey contracts
d. Joint venture
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
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
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
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