9/14/2020 CIA-I

CIA-I
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Afternoon slot: (1:00 to 2:00)

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30 X 1 Mark = 30 Marks

Course Outcomes:
C302.1: Understand the key issues and concepts of International Business.
C302.2: Discuss the various theories of International trade and their implications.
C302.3: Explain the various orientations of International Marketing and International HRM.
C302.4: Understand the monetary framework in which international business transactions are conducted.
C302.5: Discuss the role of International Organizations and Regional Trade blocks.

Low financial risk is an advantage associated with (CO-1,BL-1) *

Joint ventures

Licensing

Franchising

Strategic Alliance

Which is not an Indian Multinational Company? (CO-1,BL-1) *

Unilever
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Unilever

Piramal

Asian Paints

Wipro

The important contribution of MNC is (CO-1,BL-1) *

Filling revenue gap

Filling trade gap

All of These

Filling savings gap

These refer to the development of local suppliers to meet the production.

marketing and distribution needs of the company.(CO-2,BL-1) *

Related and supporting Industries

Company strategy

Company Rivalry

None of these

Globalisation has led to improvement in living conditions of :(CO-1,BL-1) *

of people in the developed countries

of workers in the developing countries

none of the above.

of all the people

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Which theory focuses on the strategic decisions firms make as they compete in
the global marketplace? (CO-2,BL-1) *

Country Similarity Theory

Global Strategic Rivalry Theory

Factor Endowments Theory

None of these

National Environment includes: (CO-1,BL-1) *

Geographical factors

Resource endowments

Ecological and Ecological Factors

All of these

International Business includes transactions related to : (CO-1,BL-1) *

Goods

Skills

Intellectual Property

All of these

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Which of these is/are the characteristic of a licensing agreement (CO-1,BL-1) *

The licensor might provide access to some of its patents or trademarks

The licensor might provide access to technology

It might be used to avoid the risks of foreign involvement

All of the above

A company with a global network of productive units that have a decentralized

authority structure and no distinct national identity is called: (CO-1,BL-1) *

Domestic company

International company

Multinational company

Transnational company

Bigger companies tend to internationalise more due to :(CO-1,BL-2) *

Higher Economies of Scale

Greater Production facilities

All of these

More Financial resources

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The internet facilitates globalization by: (CO-1,BL-1) *

Making it difficult to access customers

Cutting the cost for firms of communicating across borders

Making it difficult to send money

None of these

According to this theory, the holdings of a country’s treasure primarily in the

form of gold constituted its wealth. (CO-2,BL-1) *

Gold Theory

Hecksher Theory

Ricardo Theory

Mercantilism

What holds true for Globalization: (CO-1,BL-1) *

It is a Concept

All of these

It is a Process

It can be defined with certainty of goals

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Globalisation, by connecting countries, shall result in(CO-1,BL-1) *

lesser competition among producers

greater competition among producers

no change in competition among producers

zero competition among producers

Investments made by MNCs is called_________ (CO-1,BL-1) *

Direct Investment

Foreign investment

Additional Investment

Indirect Investment

Key controllable factors in global marketing are: (CO-1,BL-1) *

Government policy and legislation

marketing activities and plans

all of the above

social and technical changes

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By entering into international business, a firm expects improvement in: (CO-1,BL-

1) *

Any or all spheres of marketing, operation and finance.

All spheres of marketing, operation and finance simultaneously.

Finance only.

Marketing.

France has an absolute advantage in the production of: :(CO-2,BL-1) *

Textiles

Paper

Automobiles

Wine

When did the government remove the barriers for investment and investment in
India? (CO-1,BL-1) *

1992

1990

1991

1993

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The —————-company produces, markets, invests and operates across the

world. (CO-1,BL-1) *

Global

International

Transnational

Multinational

In which stage of IPLC, duplicate products are reported in foreign markets

marking a decline in export sales. (CO-2,BL-1) *

Introduction

Growth

Maturity

Decline

What is a strong limitation of the Ricardian Theory? (CO-2,BL-1) *

Labour theory of value

Restrictive model

Full employment

All of these

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The major cause For Trade And Investment Flow (CO-2,BL-1) *

Difference in Factor Endowments

Cost Advantage

Patterns of Specialization

All of these

It refer to firm-specific competitive advantages, e.g. knowledge, skills,

capabilities, key relationships, proprietary technology, unique managerial talent,
trademarks/brand names, economies of scale, access to substantial financial
resources, and other assets. (CO-2,BL-1) *

Location-specific advantages

Ownership-specific advantages

Internalization advantages

None of these

. …………………corporation produces in the home country or in a single country and

focuses on marketing these products globally or vice a versa. (CO-1,BL-1) *

None of the above

International

Global

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Transnational

Which organisations strain on the liberalisation of foreign investment and foreign

trade?(CO-1,BL-1) *

International Monetary Fund

World Trade Organisation

International Labour Organisation

World Health Organisation

The Theory of Relative Factor Endowments is given by :(CO-2,BL-1) *

David Ricardo

Adam Smith

F W Taussig

Ohlin and Hecksher

According to Dunning's view, the ownership advantages are also: (CO-2,BL-1) *

cost advantages

competitive advantages

resource advantages

factor advantages

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The country that attract the largest FDI inflow is _________ (CO-1,BL-1) *

USA

CHINA

INDIA

BRAZIL

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