Top 150+ Solved Global Business Environment MCQ Questions Answer
Q. The highest policy making body of the ADB is __________
a. Board of Governors
b. Board of Directors
c. President
d. Other members
Q. To take decisions of loan application in ADB by
a. Board of Governors
b. Board of Directors
c. The President
d. Other members
Q. GATT was replaced by the WTO on _________
a. 1 Jan. 2004
b. 1 Jan 1996
c. 1 Jan. 1992
d. 1 Jan. 1995
Q. Under _________ approach companies view the entire world as asingle country.
a. Geocentric
b. Regio centric
c. Poly centric
d. Ethno centric
Q. Companies establish foreign subsidiary and empowers its executives is_________
a. Regio centric
b. Geocentric
c. Poly centric
d. Ethno centric
Q. _________ theory suggests for maintaining favourable balance oftrade in the form of import of gold for export of goods and services.
a. Gold standard
b. Mercantilism
c. Non merchantilism
d. Breton wood system
Q. _________ is the application of knowledge which redefine theboundaries of global business.
a. Cultural factors
b. Political factors
c. Social factors
d. Technology
Q. _________ is the long term contracting out of non-core businessprocesses to an outside to help achieve increased share holder value
a. Contract manufacturing
b. BPO
c. Management contract
d. Turnkey contract
Q. A _________ is a contract under which a firm agrees to fully design, construct and equip a manufacturing/business service facility and turn the project over to the purchaser when it is ready for operation for a remuneration.
a. BPO
b. Contract Manufacturing
c. Turnkey project
d. Management contract