This document contains a practice exam for a class on International Business. The exam consists of 15 multiple choice questions testing definitions and concepts from the class, followed by 4 short answer questions to choose from. The multiple choice questions cover topics such as the effects of globalization, international finance, economic systems, multinational corporations, and internationalization processes. The short answer questions ask about defining and discussing international business and globalization, international trade theories, and cultural differences faced in international business.
This document contains a practice exam for a class on International Business. The exam consists of 15 multiple choice questions testing definitions and concepts from the class, followed by 4 short answer questions to choose from. The multiple choice questions cover topics such as the effects of globalization, international finance, economic systems, multinational corporations, and internationalization processes. The short answer questions ask about defining and discussing international business and globalization, international trade theories, and cultural differences faced in international business.
This document contains a practice exam for a class on International Business. The exam consists of 15 multiple choice questions testing definitions and concepts from the class, followed by 4 short answer questions to choose from. The multiple choice questions cover topics such as the effects of globalization, international finance, economic systems, multinational corporations, and internationalization processes. The short answer questions ask about defining and discussing international business and globalization, international trade theories, and cultural differences faced in international business.
Class: BBA Semester: 6th Paper: International Business
Total Marks# 60 Tick the Correct Option from given below; (15 X 1) 1. The globalization of business activities has _________ the complexity as well as the importance of the financial managers’ duties. A. Increased B. Decreased C. Ignored D. Vanished 2. International finance mainly discusses the issues related with monetary interactions of at least__________. A. One Country B. Two or More C. Five Countries D. None of These 3. The first phase of globalization started around 1870 and ended with _______. A. World War I B. World War II C. Establishment of GATT D. None of These 4. Ultimately ______ was replaced by the ______ on 1st Jan 1995.. A. GATS, WTO B. WTO, GATT C. IMF, GATT D. None of these 5. 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 6. IPR stands for ______. a. Intellectual property rights b. International property rights c. Internal Promotion Rights d. Interior promotional rights 7. Capitalistic, Communistic and mixed are the types of ______. a. Economic System b. Social System c. Cultural Attitudes d. Political System 8. ______ is not an Indian Multinational Company. a. Unilever b. Asian Paints c. NBP d. Wipro 9. Which of the following is not a force in the Porter Five Forces model? a. Buyers b. Suppliers c. Complementary products d. Industry rivalry 10. Key controllable factors in global marketing are ______. a. Government policy and legislation b. social and technical changes c. marketing activities and plans d. all of the above. 11. ________ corporation produces in the home country or in a single country and focuses on marketing these products globally or vice a versa. a. Global b. International c. Transnational d. None of the above 12. The ___________ company produces, markets, invests and operates across the world. a. Global b. International c. Transnational d. Multinational 13. MNC Stands for ______. a. Multi-National Cooperation b. Multi-National Corporation c. Multi-National Company d. Multi-National Collaboration 14. ________ is the first step in the internationalization process. a. License b. Foreign Investment c. Sales d. Export 15. SMEs stand for ______. a. Small and Medium Entrepreneurs b. Small Management of Enterprises c. Small and Medium-sized Enterprises. d. Societies for Managing Exports SUPERIOR GROUP Of COLLEGES Class: BBA Semester: 6th Paper: International Business
Attempt any three questions from given below; (15 X 3)
Q#1 What is international business & discuss its scope?
Q#2 Define globalization & discuss its drivers?
Q#3 a) Discuss the theory of absolute advantage?
b) Discuss the theory of product life cycle?
Q#4 What is culture & discuss various differences in culture faced by business at international level?