Chapter 11 : International Business-I

http://www.docomomoiberico.com/?characteristics-of-heart-of-darkness 1. In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee

(a) Licensing
(b) Contracted
(c) Joint venture
(d) None of these

(a) Licensing

 

2. Outsourcing a part of our entire production and concentrating on marketing operations in international business is known as
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

(c) Contract manufacturing

 

3. When two or more firms come together to create a new business entity that is legally separate and distinct from its parents is known as
(a) Contract manufacturing
(b) Franchising
(c) Joint ventures
(d) Licensing

(c) Joint ventures

 

http://fecom.es/annotated-bibliography-introduction-paragraph/ 4. Which of the following is not an advantage of exporting?
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets

(d) Less investment requirements

(c) Limited presence in foreign markets

 

5. Which one of the following modes of entry requires higher level of risks?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

(d) Joint venture

 

6. Which one of the following modes of entry permits greatest degree of control over overseas operations?

(a) Licensing/franchising
(b) Wholly owned subsidiary
(c) Contract manufacturing
(d) Joint venture

(b) Wholly owned subsidiary

 

7. Which one of the following modes of entry brings the firm closer to international markets?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

(c) Contract manufacturing

 

8. Which one of the following is not amongst India’s major export item?
(a) Textiles and garments
(b) Franchising
(c) Oil and petroleum products
(d) Basmati rice

(b) Franchising

 

9. Which one of the following is not amongst India’s major an import item?
(a) Ayurvedic medicines
(b) oil and petroleum products
(c) Pearls and precious stones
(d) Machinery

(a) Ayurvedic medicines

 

10. Which one of the following is not amongst India’s major trading partner?
(a) USA
(b) UK
(c) Germany
(d) New Zealand

(d) New Zealand