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MCQOPTIONS
This section includes 8815 Mcqs, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1951. |
. General Agreement on Trade in Services will not be applicable to |
| A. | Services supplied from one country to another – cross border supply |
| B. | Transaction of goods across the border – Export Import |
| C. | Individuals traveling from own country to supply services in another – presence of natural persons. |
| D. | Consumers/firms making use of a service in another country – consumption abroad. |
| Answer» C. Individuals traveling from own country to supply services in another – presence of natural persons. | |
| 1952. |
Knowledge which is difficult to define and codify is known as: |
| A. | Explicit |
| B. | Tangible |
| C. | Tacit |
| D. | Random |
| Answer» B. Tangible | |
| 1953. |
Specific cultural dimensions that does not have a significant impact on cross nationalbusiness interactions is |
| A. | Hofstede’s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» E. | |
| 1954. |
Organization structure that is a functional or divisional structure but at the same time also includes project teams for dealing with specific issues is called: |
| A. | An M-form structure |
| B. | A front-back structure |
| C. | A networked structure |
| D. | A hybrid structure |
| Answer» E. | |
| 1955. |
What functions do financial institutions traditionally perform? |
| A. | They immobilise savings. |
| B. | They concentrate risk. |
| C. | They spread risk. |
| D. | They offer only short-term finance. |
| Answer» B. They concentrate risk. | |
| 1956. |
A Most Favored nation status doesn’t necessarily refers to |
| A. | Same and equal economic treatment |
| B. | Non-discriminatory treatment |
| C. | Same tariff rates applicable |
| D. | Uniform civil code |
| Answer» E. | |
| 1957. |
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 |
| Answer» B. The power of complementors | |
| 1958. |
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 |
| Answer» D. The emotional mode | |
| 1959. |
Posting of home country nationals for all key management positions throughout the globe issupported by: |
| A. | Geocentric staffing model. |
| B. | Polycentric staffing model. |
| C. | Ethnocentric staffing model. |
| D. | none |
| Answer» D. none | |
| 1960. |
'Logical incrementalism' can be described as: |
| A. | Careful design and planning |
| B. | Emergent |
| C. | Cautious resource allocation |
| D. | Top management rational analysis |
| Answer» E. | |
| 1961. |
Globalization consists of the following processes except: |
| A. | political process |
| B. | environmental process |
| C. | social process |
| D. | economic process |
| Answer» C. social process | |
| 1962. |
Laws relating to The Single Market Program allow EU-based companies to: |
| A. | Move goods and services from any member state to another. |
| B. | Transfer managers to any member state. |
| C. | Invest anywhere in the EU. |
| D. | All of the options given. |
| Answer» B. Transfer managers to any member state. | |
| 1963. |
Duplication of staff groups results in: |
| A. | International division structure. |
| B. | Global product division structure. |
| C. | Global matrix structure. |
| D. | none |
| Answer» C. Global matrix structure. | |
| 1964. |
Segmentation is a way of: |
| A. | Subdividing markets |
| B. | Subdividing industries |
| C. | Differentiating products |
| D. | Subdividing organizations into departments |
| Answer» B. Subdividing industries | |
| 1965. |
In independent India, the first major foreign exchange crisis occurred in the year __ . |
| A. | 1955 |
| B. | 1956 |
| C. | 1969 |
| D. | 1991 |
| Answer» D. 1991 | |
| 1966. |
The mode of entry into international business with least risk to the firm is : |
| A. | Indirect exports |
| B. | Direct exports |
| C. | Management contract |
| D. | Contract Manufacturing |
| Answer» B. Direct exports | |
| 1967. |
'Influence' is defined as the ability to ____________ someone to something they would not otherwise have done. |
| A. | Intimidate |
| B. | Force |
| C. | Order |
| D. | Persuade |
| Answer» B. Force | |
| 1968. |
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 |
| Answer» E. | |
| 1969. |
Which one is not an international organization |
| A. | SAARC |
| B. | ASEM |
| C. | ASEAN |
| D. | CBDT |
| Answer» E. | |
| 1970. |
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 |
| Answer» D. No frills | |
| 1971. |
Which of the following are commonly cited reasons for M&As? |
| A. | Synergy |
| B. | Market power |
| C. | Strategic realignment |
| D. | All of the above |
| Answer» E. | |
| 1972. |
The process of glocalization is — |
| A. | emphasis on local culture |
| B. | the use of regional symbols |
| C. | an amalgamation of the global and the local |
| D. | emphasis on global culture |
| Answer» D. emphasis on global culture | |
| 1973. |
Which of the following is not a driver of globalization? |
| A. | The fragmentation of consumer tastes between countries. |
| B. | The competitive process. |
| C. | Multinational companies successfully persuading governments to lower trading barriers. |
| D. | The need to gain economies of scale. |
| Answer» B. The competitive process. | |
| 1974. |
The shape or format of reporting and decision making relationships can be defined as theorganizational: |
| A. | Span of control |
| B. | Architecture |
| C. | Hierarchy |
| D. | Chain of command |
| Answer» D. Chain of command | |
| 1975. |
A likely consequence of rationalization is: |
| A. | Lower number of employees |
| B. | Lower revenues |
| C. | Higher costs |
| D. | Price decrease |
| Answer» C. Higher costs | |
| 1976. |
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 |
| Answer» D. none of the above | |
| 1977. |
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 |
| Answer» E. | |
| 1978. |
What is Euro-lll? |
| A. | European Currency |
| B. | Group of European Countries |
| C. | European Film Festival |
| D. | Pollution central Scale |
| Answer» B. Group of European Countries | |
| 1979. |
A graph showing a rise in demand over a number of years can be described as: |
| A. | Raw data |
| B. | Information |
| C. | Narrative |
| D. | Knowledge |
| Answer» C. Narrative | |
| 1980. |
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 |
| Answer» E. | |
| 1981. |
The essential question that a corporate parent needs to ask is: |
| A. | Does it add value to its individual businesses |
| B. | How does it achieve a balanced portfolio |
| C. | How does it achieve synergies across business units |
| D. | How related should its business units be |
| Answer» B. How does it achieve a balanced portfolio | |
| 1982. |
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 |
| Answer» D. None of the above | |
| 1983. |
A global company can----------- its experience to expand its global operations |
| A. | Contract |
| B. | Expand |
| C. | Minimize |
| D. | Leverage |
| Answer» B. Expand | |
| 1984. |
A holding company is: |
| A. | An organization with a balanced portfolio of individual businesses |
| B. | A decentralized organization with a small head office that organizes finance for the subsidiaries |
| C. | A centralized organization with a small head office that helps subsidiaries develop and finance their strategies |
| D. | A decentralized organization with a large head office that offers a broad range of advice and services to subsidiaries |
| Answer» C. A centralized organization with a small head office that helps subsidiaries develop and finance their strategies | |
| 1985. |
Knowledge that is known to a specific set of people who understand what particular references mean, whereas people outside of that group don't know what they mean is known as: |
| A. | Clique knowledge |
| B. | Elite knowledge |
| C. | Cultural knowledge |
| D. | Symbolic knowledge |
| Answer» E. | |
| 1986. |
'De-coupling' denotes. |
| A. | Indian market may be cutt off from global markets so that it may be affected by global volatility. |
| B. | Separating the birds affected by bird flue. |
| C. | that markets are independent. |
| D. | None of the above. |
| Answer» E. | |
| 1987. |
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 |
| Answer» D. The knowledge-management approach | |
| 1988. |
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 |
| Answer» E. | |
| 1989. |
It was recognized in the 1990s that physical assets are not the only thing that needs to be included in the valuation of a firm. In Europe, firms also included a supplement detailing the: |
| A. | Goodwill |
| B. | Intellectual capital |
| C. | Brand reputation |
| D. | Knowledge |
| Answer» C. Brand reputation | |
| 1990. |
'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 |
| Answer» B. It is based on word-of-mouth | |
| 1991. |
Foreign sources may give companies? |
| A. | Higher costs |
| B. | New and/or better products |
| C. | Conflicting operating knowledge |
| D. | Legal problems |
| Answer» C. Conflicting operating knowledge | |
| 1992. |
The mode of entry into international business with least risk to the firm is |
| A. | Export house |
| B. | Trading house |
| C. | A manufacturing exporter |
| D. | Merchant exporter. |
| Answer» E. | |
| 1993. |
The International Monetary Fund is important because: |
| A. | It has sufficient financial resources to deal with a major global financial crisis. |
| B. | It has sufficient financial resources to help individual countries facing balance of payments problems. |
| C. | Emerging economies can exercise significant influence on it. |
| D. | It fixes exchange rates. |
| Answer» C. Emerging economies can exercise significant influence on it. | |
| 1994. |
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 |
| Answer» D. Hecksher Theory | |
| 1995. |
A merger is a combination of businesses in which |
| A. | Two businesses combine to form a new business. |
| B. | The participants are necessarily comparable in size, competitive position, Profitability, and market capitalization. |
| C. | One of the two firms becomes a wholly owned subsidiary of the other firm. |
| D. | None of the above. |
| Answer» E. | |
| 1996. |
In which industries is global competition more common? |
| A. | where the value chain functions are carried out at head office |
| B. | where upstream and support activities are crucial to competitive advantage |
| C. | where downstream activities or other-tied activities are vital to competitive advantage |
| D. | in none of the above situations |
| Answer» C. where downstream activities or other-tied activities are vital to competitive advantage | |
| 1997. |
‘Vertical architecture' is the one which has: |
| A. | Has a tall hierarchy |
| B. | Has many layers of management |
| C. | Extends beyond the boundaries of legal ownership |
| D. | Is very bureaucratic |
| Answer» D. Is very bureaucratic | |
| 1998. |
Choose the right sentence |
| A. | Organization's structure would be expected to evolve as it grew larger and more diverse |
| B. | Every organization starts out with a simple structure, then moves to a functional structure before becoming divisionalized |
| C. | Network structures are superior to functional ones |
| D. | Organizational performance will suffer if the structure is not stable |
| Answer» B. Every organization starts out with a simple structure, then moves to a functional structure before becoming divisionalized | |
| 1999. |
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 |
| Answer» C. Operate in a product-oriented fashion | |
| 2000. |
Which of the following terms are not synonymous with the others? |
| A. | MNE |
| B. | MNC |
| C. | MNM |
| D. | TNC |
| Answer» D. TNC | |