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Current Affairs January 2024

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4

Ownership of intellectual property is recognized in law by granting

A. Licenses.

B. Patents.

C. Copyrights.

D. Patent, copyright or trademark as appropriate.

Correct Answer :

D. Patent, copyright or trademark as appropriate.


Related Questions

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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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Analysing the business environment best assists in

A. Identifying key competitive forces; identifying competitive position; identifying key opportunities, threats, strengths and weaknesses.

B. Auditing macro environmental influences; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats.

C. Auditing external and organisational factors; identifying key competitive forces; identifying competitive position; identifying key opportunities and threats.

D. Assessing historical trends; auditing environmental dangers; identifying strategic capabilities; identifying competitive position.

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4

Power distance Index (PDI) of 77 compared to a world average of 56.5 for India indicates

A. High level of inequality of power and wealth within the society

B. Normal Power and Wealth

C. High level of political corruption

D. Low level of Human Development Index

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4

Scenarios are used to

A. Develop a long term view of strategy.

B. Build plausible views of different possible futures and develop a long term view of strategy.

C. Identify key drivers of change.

D. Develop a view of an environment which has a high degree of uncertainty, build plausible views of different possible futures and take a long term view of strategy.

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According to this theory the holdings of a countrys treasure primarily in the form of gold constituted its wealth.

A. Gold Theory

B. Ricardo Theory

C. Mercantilism

D. H .O. THEORY

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4

Business across several countries with some decentralization of management decision making to subsidiaries is

A. Global business.

B. Multinational business.

C. Transnational business.

D. Multi-regional business.

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4

Which is the right sequence of a stages of Internationalization

A. Domestic, Transnational, Global, International, Multinational

B. Domestic, International, Multinational, Global, Transnational

C. Domestic, Multinational, International, Transnational, Global

D. Domestic, International, Transnational, Multinational, Global

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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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Which of these is/are the characteristic of a licensing agreement

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

B. The licensor might provide access to technology

C. It might be used to avoid the risks of foreign involvement

D. All of the above

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4

In international business cheaper alternatives to litigation is/ are

A. Conciliation.

B. Arbitration.

C. Negotiations.

D. Conciliation and arbitration.

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4

Monetary policy relates to controlling

A. money supply.

B. money supply and interest rate.

C. money supply, interest rate and exchange rate.

D. credit creation by banks.

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4

Which one of the following is a method for an exporter to get a contract

A. Proforma invoice

B. Purchase order

C. Sales contract

D. All the above

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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.

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No new investment in the host country is created in the case of

A. Greenfield FDI.

B. Acquisition.

C. Horizontal FDI.

D. Vertical FDI.

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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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Non- verbal communication

A. includes written communication.

B. has no place in international business.

C. includes body language.

D. should be learnt by business managers to communicate with foreigners.

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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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4

General electric follows ___________ as its international operational strategy

A. GLOBAL

B. TRANSNATIONAL

C. INTERNATIONAL

D. MULTI-DOMESTIC

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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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By having business in different countries, a firm reduces

A. credit risk.

B. political risk.

C. financial risk.

D. business risk.

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The following nationals would be aggressive at the beginning of business negotiations, but offer large concessions in the end

A. American.

B. Russian.

C. German.

D. Japanese.

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3.Identify a factor that doesnt play an important role in attracting FDI

A. Language

B. Laws, rules and regulations

C. Cost of resources

D. Infrastructure related factors

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The Theory of Relative Factor Endowments is given by

A. Ohilin-Hecksher

B. FY Taylor

C. Richardo

D. Porter

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4

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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4

General electric follows ___________ as its international operational strategy

A. Global

B. International

C. Multi-domestic

D. Transnational

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4

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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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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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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4

Which of these is a characteristic of multinational corporations>

A. At least one -third directors are foreign nationals

B. The company does 40% of its business in foreign markets

C. The overseas markets are larger than the domestic market

D. The affiliates are responsive tio a number of important environmental forces

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The country that attract the largest FDI inflow is

A. USA

B. INDIA

C. CHINA

D. BRAZIL