Top 250+ Solved Management of International Business MCQ Questions Answer
Q. In terms of the PESTLE analysis, the liberalizing of international trade and tariff regimes could go in which section or sections?
a. Political
b. Legal
c. Political and economic and legal
d. Political and environmental
Q. Which of the following industries is least likely to follow the conventional life-cycle model?
a. Software development
b. Coal mining
c. Insurance broking
d. Hairdressing
Q. Brandenburger and Nalebuff added a sixth force to Porter's Five Forces. It is known as:
a. The threat of substitutes
b. The power of complementors
c. Seller power
d. Government regulation
Q. A situation in which the joint moves of two firms can determine how much money each firm can make or lose can be explained using the story of:
a. The Trojan Horse
b. The Icarus Paradox
c. The Prisoner's Dilemma
d. The Icarus Dilemma
Q. According to Porter, if an organization does not follow either a cost leadership strategy or a differentiation strategy they are:
a. Hybrid
b. Stuck in the middle
c. Typical
d. No frills
Q. Which is the right sequence of a stages of Internationalization
a. Domestic, Transnational, Global, International, Multinational
b. Domestic, International, Multinational, Global, Transnational
c. Domestic, Multinatinal, International, Transnational, Global
d. Domestic, Internatinal, Transnational, Multinational, Global
Q. Which of the following is not a force in the Porter Five Forces model?
a. Buyers
b. Suppliers
c. Complementary products
d. Industry rivalry
Q. A likely consequence of rationalization is:
a. Lower number of employees
b. Lower revenues
c. Higher costs
d. Price decrease
Q. The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of
a. Subsidiary
b. Joint venture
c. Strategic International Alliance
d. License agreement
Q. When the transaction is of high value, complex In nature and more technical __________ method of export sales contract is used.
a. Performa invoice
b. Purchase order
c. Sales contact
d. None of the above
Q. What are core competences?
a. Resources which critically underpin competitive advantage and that others cannot obtain.
b. Activities and processes needed to meet customers' minimum requirements and therefore to continue to exist.
c. Key skills required for success in a particular business.
d. Activities that underpin competitive advantage and are difficult for competitors to imitate or obtain.
Q. Specific cultural dimensions that does not have a significant impact on cross-national business interactions is
a. Hofstede’s five cultural dimensions
b. Monochromatic vs polychromatic tune
c. Communication
d. Geography
Q. Professional culture refers to
a. Shared belief of top managers about how they should manage themselves and their employees
b. Shared code of ethics and other commonalities shared by members of a given group
c. Both (a) and (c)
d. None of the above
Q. An attribute that doesn’t contribute to Porters Diamond model is
a. Government
b. Organized Trade union
c. Factor Conditions
d. Demand Conditions
Q. Theory of Mercantilism propagates
a. Encourage exports and imports
b. Encourage exports and discourage imports
c. Discourage exports and imports
d. Discourage exports and encourage imports