International Business and Strategic Management Quiz
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International Business Questions
1. International Business involves
A. Exporting
B. Production
C. Training
D. Packing
Show Answer
Answer: a. Exporting
2. Which one of the following is an obstacle to globalization?
A. Wide base
B. Niche markets
C. Obsolescence
D. Competition
Show Answer
Answer: c. Obsolescence
3. Balance of payment can be made favourable if
A. Exports are increased
B. Imports are increased
C. Devaluation of money
D. Both a and c
Show Answer
Answer: d. Both a and c
4. The World Bank is known as
A. IMF
B. IDA
C. IFC
D. IBRD
Show Answer
Answer: d. IBRD
Strategic Management
1. ______ is the combining of two or more companies into one organization.
A. Acquisition
B. Merger
C. Diversification
D. None of the above
Show Answer
Answer: b. Merger
2. SWOT approach assesses an organisation’s
A. Speed, Want, Order, Timing
B. Structure, Workforce, Organisation, Types
C. Strengths, Weaknesses, Opportunities, Threats
D. Signs, Worries, Objectives, Techniques
Show Answer
Answer: c. Strengths, Weaknesses, Opportunities, Threats
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