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Current Affairs January 2024

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As per cultural dimensions of Hofstede, masculinity refers to

A. Male- female ratio in the country.

B. Society dominated by male members.

C. Society characterized by aggressive and materialistic behaviour.

D. War- ridden societies.

Correct Answer :

C. Society characterized by aggressive and materialistic behaviour.


Related Questions

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Which of the following is an advantage of turnkey projects?

A. Can earn a return on knowledge asset

B. Will not create a competitor

C. Tight control of operations

D. All the above

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Theory of Mercantilism propagates

A. Encourage exports and imports

B. Encourage exports and discourage imports

C. Discourage exports and imports

D. Discourage exports and encourage imports

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Theory of Mercantilism propagates

A. Encourage imports and exports

B. Encourage exports and discourage imports

C. Discourage imports

D. None of these

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In 90s the global management perception was based on

A. Standardization v/s adaptation

B. Globalization v/s localization

C. Global integration v/s Local Responsiveness

D. Local responsiveness

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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

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Quantitative restrictions refer to limit set by countries to curb

A. Imports

B. Exports

C. Imports & exports

D. None of the above

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9.The theory of Comparative cost advantage is given by

A. Porter

B. Adam Smith

C. Varnoon

D. D. Richardo

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Subsidiaries consider regional environment for policy / Strategy formulation is known as

A. Polycentric Approach

B. Regiocentric Approach

C. Ethnocentric Approach

D. Geocentric Approach

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When the exporter, expects the importer, to make the payment immediately upon the draft being presented to him is called.

A. Sight Draft.

B. Usance Draft

C. Demand draft

D. Pay Note

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Factor of Interdependence in Multi-domestic strategy is

A. LOW

B. MODERATE

C. HIGH

D. VERY HIGH

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The essential feature of FDI is

A. Investment of a very high value.

B. Investment in shares.

C. Investors influence on the management of the enterprise.

D. Investment of low value.

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Ultimately ……………… was replaced by the …………….on 1st Jan 1995

A. GATT/WTO

B. GATS/IMF

C. WTO/WORLD BANK

D. WORLD BANK/WIPO

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The world trade organization was formed in the year _________ with GATT as it basis.

A. 1992

B. 1993

C. 1995

D. 1994

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Quantitative restrictions refer to limit set by countries to curb

A. Imports

B. Exports

C. Imports and Exports

D. All of the above

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Uneven distribution of natural resources

A. is the only cause for international business.

B. is the major factor for international business.

C. is among the major factors for international business.

D. is not a cause for international business.

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________theory states that, lack of resources often helps countries to become competitive

A. Competitive theory

B. Porters Diamond Model

C. Theory of Mercantilism

D. Product life cycle theory

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An attribute that doesnt contribute to Porters Diamond model is

A. Government

B. Organized Trade union

C. Factor Conditions

D. Demand Conditions

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The following is not a component of culture

A. Attitudes.

B. Beliefs.

C. Education.

D. Life expectancy.

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Free international trade maximizes world output through

A. Countries specializing in production of goods they are best suited for.

B. Reduction in taxes.

C. Increased factor income.

D. Encouraging competition.

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Typically the last step in the internationalization process is:

A. Licensing

B. Exporting

C. Wholly owned subsidiaries

D. Foreign Direct Investment

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The country that attracts the largest FDI inflow is

A. India

B. China

C. USA

D. Brazil

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Conglomerate FDI refers to

A. FDI made by a group of firms.

B. FDI made in subsidiaries.

C. FDI made in similar products.

D. FDI made in unrelated products.

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Geographical indications specify

A. Place of origin of goods.

B. Special characteristics of the product associated with the place of origin.

C. Place and special characters of the product.

D. Place or special characters of the product.

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Specific cultural dimensions that does not have a significant impact on cross-national business interactions is

A. Hofstedes five cultural dimensions

B. Monochromatic vs polychromatic tune

C. Communication

D. Geography

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The five forces that affect the level of competition in an industry are

A. Threat of entrants; power of buyers; power of suppliers; threat of substitutes; competitive rivalry.

B. Threat of buyers; power of entry; power of substitutes; threat of suppliers; threat of recession.

C. Threat of recession; power of buyers; power of suppliers; threat of management failure; competitive rivalry.

D. Threat of entry; power of buyers; power of suppliers; threat of substitutes; government action

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Professional culture refers to

A. Shared belief of top managers about how they should manage themselves and their employees

B. Shared code of ethics and other commonalities shared by members of a given group

C. Both (a) and (c)

D. None of the above

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B2B sector specific policy of Indian Government is

A. FDI up to 100% subject to condition that they invest 26 % in favour of Indian Public within 5 yrs

B. FDI up to 100%

C. FDI up to 100% subject to condition that they invest 26 % in favor of Indian Public within 10 yrs

D. FDI up to 49%

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A contract drafted under civil law differs from that drafted under common law in the following respect

A. It will be detailed.

B. It will be shorter and less specific.

C. It will provide less severe damages.

D. It will be in detail.

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As per cultural dimensions of Hofstede, masculinity refers to

A. Male- female ratio in the country.

B. Society dominated by male members.

C. Society characterized by aggressive and materialistic behaviour.

D. War- ridden societies.

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4

Religion of a person affects his/her

A. attitude towards entrepreneurship.

B. gifting practices.

C. use of products.

D. all of the above.