Top 250+ Solved Management of International Business MCQ Questions Answer
Q. A strategic manager that seeks to reach acceptable profit targets as opposed to making as much profit as possible is making decisions of which type?
a. Satisfactory
b. Satisficing
c. Irrational
d. Optimal
Q. 'Logical incrementalism' can be described as:
a. Careful design and planning
b. Emergent
c. Cautious resource allocation
d. Top management rational analysis
Q. An organization in which strategy development is characterized by internal political negotiation and self-interest is operating in which strategy-making mode?
a. The transactive mode
b. The muddling through mode
c. The command mode
d. The emotional mode
Q. McDonalds is deciding whether to expand into manufacturing kitchen equipment in China. At what level is this decision likely to be made?
a. Business
b. Corporate
c. Functional
d. International
Q. Diversification into many unrelated areas is an example of:
a. Risk management
b. Good management
c. Uncertainty reduction
d. Sustainability
Q. Corporate governance is concerned with:
a. Executive remuneration, disclosure of information, auditing and accounting procedures, and organizations' management structures
b. Elections to the board of directors
c. Relationships with national governments
d. Corporate-level strategy
Q. The principal-agent problem is concerned with:
a. Procurement
b. Appropriation of shareholders' investment by a firm's managers
c. How to control a firm's distributors and dealers
d. Corporate social responsibility
Q. The Six Forces framework is based on the principle of:
a. Resource-based view
b. Conduct - structure - performance
c. Econometrics
d. Structure - conduct – performance
Q. In the Six Forces, the 'threat of new entrants' relates to:
a. Barriers to entry
b. Substitutes
c. Switching costs
d. Buyer power
Q. An industry characterized by irregular patterns of stability, rapid technological change, high uncertainty and global competition can be described as:
a. Hypercompetitive
b. Hyperactive
c. Atypical
d. Co-optive
Q. In the context of environmental analysis, 'munificence' means:
a. The extent to which resources are freely available to support firms in an industry and enable them to grow
b. The extent to which it is diverse
c. The extent to which it is stable or turbulent
d. The extent to which the industry follows the conventional life-cycle stages
Q. A 'market driven' firm will typically:
a. Develop new products and then find someone to sell them to
b. Define the target market and produce products that will satisfy those customers' needs
c. Operate in a product-oriented fashion
d. Suffer from market-myopia
Q. Segmentation is a way of:
a. Subdividing markets
b. Subdividing industries
c. Differentiating products
d. Subdividing organizations into departments
Q. A B2C market is:
a. Business to commercial
b. Business to consumer
c. Business to contract
d. Business to corporate
Q. Segmentation is a compromise between two ideals: mass marketing and:
a. Customization
b. Uniformity
c. Innovation
d. Convergence of tastes