Top 250+ Solved Management of International Business MCQ Questions Answer
Q. Critics of globalization claim _______?
a. Countries lose sovereignty
b. The resultant growth hurts the environment
c. Some people lose in both aspects
d. All of the above
Q. All of the following are objectives of international business operations except for:
a. sales expansion
b. resource acquisition
c. locally expanding
d. risk minimization
Q. Globalization consists of the following processes except:
a. political process
b. environmental process
c. social process
d. economic process
Q. Which of the following is a criticism of globalization?
a. going into someone’s country uninvited
b. different climates in other countries get in the way
c. terrorist opportunities
d. threat to national sovereignty
Q. To minimize your risk you can:
a. diversify suppliers across countries
b. take advantage of business cycle differences amongst countries
c. a & b
d. none of the above
Q. Which of the following does not support globalization?
a. Improvements in communications
b. Barriers to trade and investment
c. Immigration controls
d. Removal of controls on movement of capital across borders
Q. The gains from two nations depend on
a. Domestic barter rates
b. Different in the domestic barter rates of the two countries
c. Terms of trade
d. Degree of absolute advantage.
Q. Which of the following statements is not true when describing a successful strategy?
a. It provides some property that is unique or distinctive
b. It provides the means for renewing competitive advantage
c. It addresses changes in the external environment
d. It guarantees long term survival
Q. In the context of strategic management resources can be defined as:
a. The knowledge and skills within the organization
b. Something that an organization owns or controls that cannot be copied
c. Something that an organization owns, controls or has access to on a semipermanent basis
d. The physical assets of the organization
Q. In the context of strategic management, stakeholders can be defined as:
a. An individual or group with a financial stake in the organization
b. An external individual or group that is able to impose constraints on the organization
c. Internal groups or individuals that are able to influence strategic direction of the organization
d. An individual or group with an interest in the organization's activities and who seeks to influence them
Q. In the case where an organization acquires its supplier, this is an example of:
a. Horizontal integration
b. Forwards vertical integration
c. Backwards vertical integration
d. Downstream vertical integration
Q. Knowledge which is difficult to define and codify is known as:
a. Explicit
b. Tangible
c. Tacit
d. Random
Q. Competitive advantage based on the creation of opportunities using internal resources is characterized by which approach/view?
a. The positioning approach
b. The outside-in approach
c. The resource-based view
d. The knowledge-management approach
Q. When a firm seeks the benefits of global integration and local adaptation, it is bestdescribed as which type of strategy?
a. Transnational
b. Global
c. Multi-national
d. Global-local
Q. 'Reputation' in the context of an organization's resources can provide competitive advantage because:
a. It is difficult to copy
b. It is based on word-of-mouth
c. It is a threshold resource
d. It is explicit