International Business MCQ Question with Answer

International Business MCQ with detailed explanation for interview, entrance and competitive exams. Explanation are given for understanding.

Question No : 29
General electric follows ___________ as its international operational strategy

GLOBAL

TRANSNATIONAL

INTERNATIONAL

MULTI-DOMESTIC

Question No : 30
In international business cheaper alternatives to litigation is/ are

Conciliation.

Arbitration.

Negotiations.

Conciliation and arbitration.

Question No : 31
In a business cycle, the phase preceding prosperity is

recession.

depression.

recovery.

recession or depression.

Question No : 32
The agreement signed by Ranbaxy Laboratory and Bayer AG of Germany in the year 1999 is an example of

Subsidiary

Joint venture

Strategic International Alliance

License agreement

Question No : 33
According to this theory the holdings of a countrys treasure primarily in the form of gold constituted its wealth.

Gold Theory

Ricardo Theory

Mercantilism

H .O. THEORY

Question No : 34
Business across several countries with some decentralization of management decision making to subsidiaries is

Global business.

Multinational business.

Transnational business.

Multi-regional business.

Question No : 35
Non- verbal communication

includes written communication.

has no place in international business.

includes body language.

should be learnt by business managers to communicate with foreigners.