Top 250+ Solved Management of International Business MCQ Questions Answer
Q. Porter's generic strategies are:
a. Low price, differentiation, focus
b. Cost leadership, differentiation, cost focus, focus differentiation
c. Price leadership, differentiation, focus
d. Low cost, differentiation, focus differentiation
Q. A strategic decision can be distinguished from other types of decisions by three factors, theseare magnitude, time-scale and:
a. Commitment
b. Riskiness
c. Impact
d. Longevity
Q. 'Influence' is defined as the ability to ____________ someone to something they wouldnot otherwise have done.
a. Intimidate
b. Force
c. Order
d. Persuade
Q. The authors believe there are three tests that can be applied to judge whether astrategy is 'good'. These are:
a. Fit, distinctiveness, sustainability
b. Fit, internal resources, external environment
c. Distinctiveness, internal resources, fit
d. Sustainability, distinctiveness, external environment
Q. According to Porter, dealing with the paradox of premature commitment versus notenough commitment involves some kind of:
a. Trade-off
b. Lock-in
c. Lock-out
d. Diversification
Q. Which of the following industries is least likely to follow the conventional life-cyclemodel?
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 knownas:
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 eachfirm 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 adifferentiation strategy they are:
a. Hybrid
b. Stuck in the middle
c. Typical
d. No frills
Q. Subsidiaries consider regional environment for policy / Strategy formulation is known as
a. Polycentric Approach
b. Regiocentric Approach
c. Ethnocentric Approach
d. Geocentric Approach
Q. According to this theory the holdings of a country’s treasure primarily in the form ofgold constituted its wealth.
a. Gold Theory
b. Ricardo Theory
c. Mercantilism
d. Hecksher Theory
Q. Globalization refers to:
a. Lower incomes worldwide
b. Less foreign trade and investment
c. Global warming and their effects
d. A more integrated and interdependent world
Q. All the following statements are correct except:
a. Case studies examine specific mergers and look for firm specific examples of merger benefits.
b. Stock market studies tend to suggest that most of the stock market gains from merger accrue to shareholders of target firms.
c. Financial and accounting studies typically conclude that mergers benefit shareholders
d. Case studies, the stock market and financial accounting based studies typically conclude that mergers are not always a good idea.
Q. All of the following examples are hypothetical cases of horizontal growth except:
a. Coca Cola and Pepsi Cola merge
b. Manchester United and Manchester City merge
c. British Airways and Easyjet merge
d. Ford and Michelin merge