International Business Environment MCQ with Answers
International Business Environment MCQ Multiple Choice Questions with answers, these notes are useful for the preparation of various competitive and academic exams like UGC, NET, BCOM, MCOM, MBA, BBA and many other regular and distance education exams. International Business Environment MCQ Multiple Choice Questions. International Business Environment MCQ Multiple Choice Questions with answers are available here:-
11. Countries/ regions with huge market size will attract
A. Market seeking FDI.
B. Efficiency seeking FDI.
C. Vertical FDI.
D. Created assets seeking FDI.
ANSWER: A
12. The following statement with respect to culture is false
A. Culture is enduring.
B. Culture is changing.
C. Culture is evolved among the members of society.
D. Culture is determined by national boundaries.
ANSWER: D
13. The following is not a component of culture
A. Attitudes.
B. Beliefs.
C. Education.
D. Life expectancy.
ANSWER: D
14. 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.
ANSWER: C
15. Religion of a person affects his/her
A. attitude towards entrepreneurship.
B. gifting practices.
C. use of products.
D. all of the above.
ANSWER: D
16. 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.
ANSWER: C
17. According to the economic growth model of Rostow, the passage of a country through the stages is
A. in the order specified.
B. in any order.
C. in the order specified, but certain stages may be skipped.
D. automatic.
ANSWER: A
18. A country in the stage of traditional society is characterized by
A. existence of the traditional rule.
B. non-existence of industries.
C. predominance of agriculture.
D. complete absence of literacy.
ANSWER: C
19. The stage indicating the highest level of economic growth is
A. age of mass consumption.
B. age of mass production.
C. maturity.
D. drive to maturity.
ANSWER: A
20. The income level of residents in a country is indicated by
A. gross national income.
B. gross domestic product.
C. per capita gross national income.
D. per capita gross domestic product.
ANSWER: C
