MCQOPTIONS
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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.
| 2001. |
Cultural homogeneity refers to — |
| A. | cross-cultural movements |
| B. | inter-cultural movements |
| C. | adaptation to the local culture |
| D. | cultural uniformity |
| Answer» E. | |
| 2002. |
Pull factors refer to — |
| A. | offensive motives of internationalization |
| B. | strategic motivation |
| C. | market motives of internationalization |
| D. | resource-seeking motives |
| Answer» B. strategic motivation | |
| 2003. |
Governmental regulations can affect the viability & ----------- of a company using theinternet as a foreign market entry mode. |
| A. | Effectiveness |
| B. | Association |
| C. | Performance |
| D. | None of the above |
| Answer» D. None of the above | |
| 2004. |
Strategic alliance cannot be between: |
| A. | Manufacturer and supplier |
| B. | Competitors |
| C. | Non- competitors |
| D. | None of the above |
| Answer» D. None of the above | |
| 2005. |
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 |
| Answer» E. | |
| 2006. |
'Influence' is defined as the ability to ____________ someone to something they wouldnot otherwise have done. |
| A. | Intimidate |
| B. | Force |
| C. | Order |
| D. | Persuade |
| Answer» B. Force | |
| 2007. |
All of the following are common motives for a merger or acquisition except for |
| A. | Operating synergy. |
| B. | Financial synergy. |
| C. | Raising the cost of capital. |
| D. | Buying undervalued assets. |
| Answer» D. Buying undervalued assets. | |
| 2008. |
Something that you learn to do by practicing rather than from reading a manual is knownas: |
| A. | Explicit knowledge |
| B. | Codified knowledge |
| C. | Embodied knowledge |
| D. | Symbolic knowledge |
| Answer» D. Symbolic knowledge | |
| 2009. |
A B2C market is: |
| A. | Business to commercial |
| B. | Business to consumer |
| C. | Business to contract |
| D. | Business to corporate |
| Answer» E. | |
| 2010. |
Posting of home country nationals for all key management positions throughout the globe is supported by: |
| A. | Geocentric staffing model. |
| B. | Polycentric staffing model. |
| C. | Ethnocentric staffing model. |
| D. | none |
| Answer» D. none | |
| 2011. |
Specific cultural dimensions that does not have a significant impact on cross national businessinteractions is |
| A. | Hofstede’s five cultural dimensions |
| B. | Monochromatic vs polychromatic tune |
| C. | Communication |
| D. | Geography |
| Answer» E. | |
| 2012. |
Employees who work in an autonomous fashion are: |
| A. | Given freedom to make decisions |
| B. | Closely monitored |
| C. | Heavily influenced by organizational culture |
| D. | Motivated by non-financial rewards |
| Answer» B. Closely monitored | |
| 2013. |
All of the following are objectives of international business operations except for: |
| A. | sales expansion |
| B. | resource acquisition |
| C. | locally expanding |
| D. | risk minimization |
| Answer» D. risk minimization | |
| 2014. |
Global area structure is suitable for firms: |
| A. | Narrow product line. |
| B. | Wider product line |
| C. | Narrow product line not transferable across regions. |
| D. | none |
| Answer» E. | |
| 2015. |
Format of reporting and for decision making relationships can be defined as the organizational: |
| A. | Span of control |
| B. | Architecture |
| C. | Hierarchy |
| D. | Chain of command |
| Answer» D. Chain of command | |
| 2016. |
The interpersonal norms of a country may necessitate a company’s alteration of __? |
| A. | Child Labor |
| B. | Operations |
| C. | Accounting |
| D. | None of the above |
| Answer» C. Accounting | |
| 2017. |
The generic competitive strategies are |
| A. | Overall Cost Leadership |
| B. | Cost Focus |
| C. | Differentiation and Focused Differentiation |
| D. | All the above |
| Answer» E. | |
| 2018. |
A likely consequence of merger and acquisition is: |
| A. | Lower revenues |
| B. | Price increase |
| C. | Higher costs |
| D. | Price decrease |
| Answer» C. Higher costs | |
| 2019. |
Vertical mergers are those in which the participants are |
| A. | In the same industry. |
| B. | In different industries |
| C. | In different phases of the value chain |
| D. | None of the above. |
| Answer» D. None of the above. | |
| 2020. |
How does international law facilitate international trade and investment? |
| A. | It makes it easier to resolve contract disputes for firms involved in international trade and investment. |
| B. | It allows business to choose the most favorable national legal system to institute proceedings. |
| C. | The terms used in international conventions are open to differing interpretations. |
| D. | The Uniform Commercial Code favors big US multinationals. |
| Answer» B. It allows business to choose the most favorable national legal system to institute proceedings. | |
| 2021. |
Knowledge management is concerned with the emergence, storage and_________ ofknowledge. |
| A. | Trade |
| B. | Transfer |
| C. | Translation |
| D. | Transcription |
| Answer» C. Translation | |
| 2022. |
The existence of different currencies is beneficial to private financial institutions because: |
| A. | Each country has its own currency. |
| B. | The exchange rate of each currency is fixed by the International Monetary Fund. |
| C. | A collapse in the exchange rate of a currency can cause economic disruption. |
| D. | Profits can be made from arbitrage. |
| Answer» E. | |
| 2023. |
Geographical indication specifies: |
| A. | Place of origin of goods only |
| B. | Special characteristics of product associated with place of origin. |
| C. | Both (a) and (b) |
| D. | none |
| Answer» B. Special characteristics of product associated with place of origin. | |
| 2024. |
What is the main reason why organizations enter alliances? |
| A. | To find out how the other organization works, and copy it |
| B. | To obtain synergies between other organizations' resources and their own |
| C. | To increase their capacity to learn |
| D. | Because they have not enough cash to acquire the other organization |
| Answer» C. To increase their capacity to learn | |
| 2025. |
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 |
| Answer» C. Price leadership, differentiation, focus | |
| 2026. |
Ethical issues concerning business and public sector organizations exist at three levels: |
| A. | Macro; Corporate; Individual. |
| B. | Corporate; Business; Functional. |
| C. | Corporate; Functional; Individual. |
| D. | Business; Family; Individual. |
| Answer» B. Corporate; Business; Functional. | |
| 2027. |
The law relating to E-Commerce fits which of the following descriptions: |
| A. | It comprises a single set of laws. |
| B. | The law lacks clarity. |
| C. | There is no problem applying contract law to the internet. |
| D. | The law makes it easy to deal with foreign computer hackers. |
| Answer» C. There is no problem applying contract law to the internet. | |
| 2028. |
One of the traps into which organizations can fall with respect to organizational learning is that they misread the reasons for success or failure. This trap is known as: |
| A. | Causal ambiguity |
| B. | Superstitious learning |
| C. | Surface learning |
| D. | Mistaken attribution learning |
| Answer» C. Surface learning | |
| 2029. |
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 |
| Answer» B. Coal mining | |
| 2030. |
Which of the following attributes is NOT seen as being necessary for an organization to become a 'learning organization'? |
| A. | Cultural diversity |
| B. | Top management commitment |
| C. | Openness to new ideas |
| D. | Willingness to experiment and risk making mistakes |
| Answer» B. Top management commitment | |
| 2031. |
From the point of view of marketing, an organization that enjoys competitive advantage in anindustry has done so by: |
| A. | Focusing on long-term profit. |
| B. | Charging lower prices than competition. |
| C. | Creating superior value for customers. |
| D. | Constantly enlarging its marketing activities. |
| Answer» D. Constantly enlarging its marketing activities. | |
| 2032. |
Ethnocentric views concentrate on their |
| A. | home country |
| B. | host country |
| C. | world orientation |
| D. | Racial orientation |
| Answer» B. host country | |
| 2033. |
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. |
| Answer» D. Case studies, the stock market and financial accounting based studies typically conclude that mergers are not always a good idea. | |
| 2034. |
An organization adjusts its pricing in response to falling customer demand. This is an exampleof which type of learning? |
| A. | Single-loop learning |
| B. | Double-loop learning |
| C. | Surface learning |
| D. | Deep learning |
| Answer» B. Double-loop learning | |
| 2035. |
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 |
| Answer» C. It addresses changes in the external environment | |
| 2036. |
Competition Law in the EU means that firms: |
| A. | Are free to set up international cartels. |
| B. | May be refused permission to take over a US competitor. |
| C. | Can not be made to repay government financial assistance. |
| D. | Can cross-subsidise loss-making services from profitable activities. |
| Answer» D. Can cross-subsidise loss-making services from profitable activities. | |
| 2037. |
Which of the following is NOT an important element to look for when selecting an alliance partner? |
| A. | Very similar culture and resources |
| B. | Compatible expectations and objectives |
| C. | They should have as much to lose as you do if the alliance fails |
| D. | Resources that complement your own |
| Answer» B. Compatible expectations and objectives | |
| 2038. |
In a global market place |
| A. | the entire world is a market place |
| B. | national borders are irrelevant |
| C. | the potential for organizations to grow expands dramatically |
| D. | All of the above |
| Answer» E. | |
| 2039. |
One of the main problems with explicit knowledge is that: |
| A. | It is difficult to transfer |
| B. | It is easier to obtain it |
| C. | It is not fluid |
| D. | It inhibits further learning |
| Answer» C. It is not fluid | |
| 2040. |
Which of the following is not a force in the Porter Five Forces model? |
| A. | Buyers |
| B. | Suppliers |
| C. | Complementary products |
| D. | Industry rivalry |
| Answer» D. Industry rivalry | |
| 2041. |
Those Organizations that are relatively good at developing some relevant capabilities to respond to a changing context are known as: |
| A. | Knowing organizations |
| B. | Stretch organizations |
| C. | Learning organizations |
| D. | Absorptive organizations |
| Answer» D. Absorptive organizations | |
| 2042. |
Segmentation is a compromise between two ideals: mass marketing and: |
| A. | Customization |
| B. | Uniformity |
| C. | Innovation |
| D. | Convergence of tastes |
| Answer» C. Innovation | |
| 2043. |
The internal audit function is least effective when the department: |
| A. | Is non-independent. |
| B. | Is competent. |
| C. | Is objective. |
| D. | Exhibits integrity |
| Answer» B. Is competent. | |
| 2044. |
The 21st member to join the G-20 is |
| A. | Sri Lanka |
| B. | Uzbekistan |
| C. | Myanmar |
| D. | Urugway |
| Answer» D. Urugway | |
| 2045. |
Buyers can exercise high bargaining power over their suppliers if |
| A. | The volume they buy accounts for a large percentage of their suppliers sales. |
| B. | There are few buyers in the market. |
| C. | They have many suppliers to choose from. |
| D. | There is a high concentration of suppliers. |
| Answer» B. There are few buyers in the market. | |
| 2046. |
The parenting style 'financial control' will tend to be most suitable in which type of portfolio? |
| A. | A broad portfolio of fast growing businesses |
| B. | Stable businesses with low investment needs |
| C. | A narrow portfolio of closely related businesses |
| D. | A rapidly changing business environment |
| Answer» C. A narrow portfolio of closely related businesses | |
| 2047. |
Organizational structures and systems can be judged using five dimensions (ABCDE) to assess whether they are achieving an appropriate balance. These five dimensions are Autonomy, Bureaucracy, Cultural Control, Decentralization and: |
| A. | Equal Opportunities |
| B. | Economic Incentives |
| C. | Equality and Diversity |
| D. | Evidence of Learning |
| Answer» C. Equality and Diversity | |
| 2048. |
Each member of IMF, is assigned a quota expressed in |
| A. | Member country's currency |
| B. | Dollar |
| C. | Special Drawing Rights |
| D. | None of the above |
| Answer» C. Special Drawing Rights | |
| 2049. |
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 |
| Answer» D. Diversification | |
| 2050. |
An organization that divides its structure into two main parts - one dealing with product groups and one dealing with customer segments is called: |
| A. | A front-back structure |
| B. | A product-customer structure |
| C. | A back to back structure |
| D. | A matrix structure |
| Answer» B. A product-customer structure | |