A contract drafted under civil law differs from that drafted under common law in the following respect
1.It will be detailed
2.It will be shorter and less specific
3.It will provide less severe damages
4.It will be in detail
Posted Date:-2021-11-09 09:44:09
A country in the stage of traditional society is characterized by
1.existence of traditional rule
2.non existence of industries
3.predominance of agriculture
4.complete absence of literacy
Posted Date:-2021-11-09 09:25:01
A entitlement establishing a firm that is jointly owned by two or more otherwise independent firms ______
1.franchising
2.licensing
3.joint venture
4.strategic alliances
Posted Date:-2021-11-09 09:34:56
A multi-national corporation (MNC) is defined by
1.carrying out production in more than one country
2.having sales in more than one country
3.having a multi-ethnic workforce
4.having suppliers in more than one country
Posted Date:-2021-11-09 09:46:48
Air and water pollution are typically ______
1.Regional
2.Multilateral
3.Economic
4.Gobal
Posted Date:-2021-11-09 09:52:15
An agreement whereby a person grants the other the rights to intangible property for a specified period for a return of royalty is _______
1.franchising
2.licensing
3.joint venture
4.strategic alliances
Posted Date:-2021-11-09 09:48:06
An increase in the general level of prices, as measured against some baseline of purchasing power is also known as
1.inflation
2.recession
3.deflation
4.depression
Posted Date:-2021-11-09 09:43:05
An organisational field is a ______
1.Definition of the competitive structure of an industry
2.Set of assumptions held in common within an industry
3.Set of benchmarks which organisations should achieve in order to be successful
4.Community of organisations with a common meaning system and which interact more frequently with each other than with those outside the field
Posted Date:-2021-11-09 09:37:31
Approximately what per cent of the world income is found outside the United States of America?
1.30 per cent
2.40 per cent
3.75 per cent
4.90 per cent
Posted Date:-2021-11-09 09:26:15
By entering into international business, a firm expects improvement in
1.Marketing
2.All spheres of marketing, operation and finance simultaneously
3.Any or all spheres of marketing, operation and finance
4.Finance only
Posted Date:-2021-11-09 09:39:34
Case law is the other name for _______
1.code law
2.common law
3.civil law
4.criminal law
Posted Date:-2021-11-09 09:35:45
Competitors, Customers and Public are the part of _____
1.macro environment
2.micro environment
3.business necessities
4.internal environment
Posted Date:-2021-11-09 09:49:50
Corporate Social Responsibilty concerns _____
1.how an organisation meets the expectations of its stakeholders
2.the behaviour of individual managers
3.external stakeholder relationships
4.the ways in which an organisation exceeds its minimum required obligations to stakeholders
Posted Date:-2021-11-09 09:51:05
Environment is synonym with ______
1.task
2.relation
3.people
4.situational variables
Posted Date:-2021-11-09 09:50:31
How can a marketer use the age distribution of the population in a market?
1.the marketer can use it to identify the purchasing power of the population in each country
2.the marketer can use it to identify the potential number of customers in various age groups
3.the marketer can use it to identify behavioural patterns within each age group
4.the marketer can use it to identify lifestyle patterns within various age groups
Posted Date:-2021-11-09 09:29:46
Import tariff benefits
1.the consumers
2.domestic producers
3.overseas suppliers
4.the overseas producers
Posted Date:-2021-11-09 09:27:51
In India, the patent available for pharmaceuticals is
1.for product only
2.for process only
3.both for product and process
4.neither product nor process
Posted Date:-2021-11-09 09:45:05
In international business cheaper alternatives to litigation is/ are
1.Conciliation
2.Arbitration
3.Negotiations
4.Conciliation and arbitration
Posted Date:-2021-11-09 09:27:26
In the Five Forces framework, threat of entrants means
1.The possibility of an existing competitor capturing the entire market
2.The possibility of an existing competitor withdrawing from the market
3.The possibility of a new competitor entering the market
4.The possibility of a potential competitor entering a different market
Posted Date:-2021-11-09 09:41:57
In which of the following basic categories can business environment be
1.Local and Regional
2.Regional and National
3.Internal and External
4.Financial and Non financial
Posted Date:-2021-11-09 09:39:11
Non- tariff trade barriers do not include
1.administrative regulations
2.export subsidiaries
3.fiscal barriers
4.quota
Posted Date:-2021-11-09 09:44:33
Outsourcing of components is an example of globalisation of
1.Production
2.Marketing
3.Purchase
4.Production and marketing
Posted Date:-2021-11-09 09:28:15
PEST is an acronym which stands for
1.duct, Economy, Society, Technology
2.Political, Economic, Societal, Technological
3.Political, Economic, Social, Technological
4.People, Economy, Standards, Transport
Posted Date:-2021-11-09 09:42:39
Strong exchange rates can
1.help predict change in lifestyle across Europe
2.predict the evolution of sales for particular brands
3.help estimate consumer purchasing power
4.drive imports to become cheaper
Posted Date:-2021-11-09 09:29:19
SWOT should be ________
1.A general list of issues under each heading
2.Focused on key issues and as specific as possible
3.Completed when an analysis of the external environment has been conducted
4.SWOT analysis is the best strategic management framework for analysing the competitive positioning of an organization
Posted Date:-2021-11-09 09:37:08
The concept of a firm's 'license to operate' refers to
1.a legal requirement for company registration
2.the need for a firm to retain its legitimacy in the eyes of the public
3.a qualification needed by company directors
4.an agreement recognizing trade unions
Posted Date:-2021-11-09 09:46:22
The cultural web is a ________
1.Representation of the taken-for-granted assumptions, or paradigm, of an organisation and the physical manifestations of the organisation culture
2.Representation of the taken-for-granted assumptions, or paradigm, of an organisation and its competitors
3.Representation of the power in an organisation
4.Representation of the politics in an organisation
Posted Date:-2021-11-09 09:37:58
The essential feature of FDI is
1.Investment of a very high value
2.Investment in shares
3.Investors influence on the management of the enterprise
4.Investment of low value
Posted Date:-2021-11-09 09:40:02
The five forces that affect the level of competition in an industry are
1.Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry
2.Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession
3.Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry
4.Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action
Posted Date:-2021-11-09 09:25:25
The following is not a component of culture
1.Attitudes
2.Beliefs
3.Education
4.Life expectancy
Posted Date:-2021-11-09 09:40:25
The idea that consumers are in charge of the economic system because their preferences drive business decisions about what to produce is referred to as
1.consumer activism
2.consumer sovereignty
3.consumerism
4.consumer therapy
Posted Date:-2021-11-09 09:30:14
The law system practices in Japan is ________
1.Common law
2.Code law
3.Civil law
4.Religious law
Posted Date:-2021-11-09 09:48:57
The Paris Convention for the Protection of Industry Property was dated
1.1783
2.1883
3.1983
4.2003
Posted Date:-2021-11-09 09:47:39
The political power monopolized by a party that governs according to religious principles is
1.Communist totalitarianism
2.Theocratic totalitarianism
3.Secular totalitarianism
4.Tribal totalitarianism
Posted Date:-2021-11-09 09:47:16
The role of women is restricted in
1.Eastern countries
2.Middle East countries
3.Traditional Islamic countries
4.India
Posted Date:-2021-11-09 09:40:46
The social guidelines and rules that prescribe appropriate behavior in particular situation is __________
1.norms
2.values
3.attitude
4.belief
Posted Date:-2021-11-09 09:35:22
The stage indicating highest level of economic growth is
1.age of mass consumption
2.age of mass production
3.maturity
4.drive to maturity
Posted Date:-2021-11-09 09:41:12
The taking over of a private firm by the host country government to be run it as a government unit is
1.expropriation
2.confiscation
3.nationalization
4.Domestication
Posted Date:-2021-11-09 09:34:32
The trend seen in the economic systems of the countries is that.
1.command economies are moving towards mixed economies
2.mixed economies are moving towards command economies
3.mixed economies are moving towards market economies
4.market economies are moving towards command economies
Posted Date:-2021-11-09 09:38:48
This legal system relies on precedent and conventions
1.Statute law
2.Code law
3.Civil law
4.Common law
Posted Date:-2021-11-09 09:25:47
To what extent of the world population is collectivist?
1.10- 20 per cent
2.40-50 per cent
3.70-80 per cent
4.90-95 per cent
Posted Date:-2021-11-09 09:45:32
Transfer of assets of a foreign firm to a domestic firm effected by the government with payment of compensation is
1.Expropriation
2.Appropriation
3.Confiscation
4.Domestication
Posted Date:-2021-11-09 09:43:35
What is the growth rate of the industrial output in the last four decades?
1.4.5 % per annum
2.5 % annum
3.6 % per annum
4.5.5 % per annum
Posted Date:-2021-11-09 09:36:14
When was the first Five year Plan?
1.1950
2.1951
3.1952
4.1953
Posted Date:-2021-11-09 09:36:37
Which countries has been reluctant to agree to reduction in Greenhouse gas emission?
1.Russia
2.Great Britain
3.France
4.China
Posted Date:-2021-11-09 09:38:22
Which economic factors should be analysed by organizations wishing to expand in international markets?
1.Interest rates
2.Employment
3.Purchasing power
4.All the above.
Posted Date:-2021-11-09 09:45:58
Which law emphasized the importance of continuous development and expansion of export oriented production?
1.Export Policy Resolution, 1970
2.MRTP
3.IRDA
4.The Companies Act
Posted Date:-2021-11-09 09:49:23
Which of the following is not true about high- context cultures?
1.lawyers are less important
2.Negotiations are lengthy
3.People make a big deal out of private space
4.Competitive bidding is less important
Posted Date:-2021-11-09 09:28:52
Which of the following options contains the correct order from the lowest to highest level of economic integration?
1.from economic area to customs union to common market to free trade area
2.from customs union to economic union to free trade area to common market
3.from free trade area to customs union to common market to economic union
4.from common market to free trade area to economic union to customs union
Posted Date:-2021-11-09 09:26:40
Which types of organizational knowledge is a source of competitive advantage?
1.Explicit knowledge which is classified and formalized in a planned and systematic way
2.Personal knowledge which is hard to communicate and formalize
3.Customer databases, market research reports, management reports
4.Collective and shared experience accumulated through systems, routines and activities of sharing across the organization
Posted Date:-2021-11-09 09:51:32