1. ___________ is consists of the totality of all factors with in or outside the
control of individual business firms.
Correct : C. Business environment
2. Environment is always changing constraining and ____________
Correct : B. Uncertain
3. Environment is a __________ process
Correct : D. All of the above
4. _______________ is the product of environment.
Correct : C. Business
5. There are two sets of factors which influence the business of an enterprise is
____________
Correct : A. Internal and External
6. ___________ play a vital role in running the business enterprise.
Correct : D. Competitors
7. ___________ Consists of the actors in the company's immediate environment
that affect the performance of the company.
Correct : B. Micro environment
8. Macro environment is also known as __________
Correct : C. General environment
9. Remote environment is an another name of __________
Correct : B. Macro environment
10. ____________ is environment covers those factors which give shape and form
to the dept. of economic activities.
Correct : D. Economic
11. A stable, honest and efficient political system is a primary factor for the growth
of ______________
Correct : A. Business
12. When the rate of change in is insignificant, it is termed as ________
environment
Correct : B. Stable or static
13. When some sudden and unpredictable changes take place in the organisation is
said to ___________
Correct : C. Turbulent environment
14. ___________ is an open form of government.
Correct : A. Parliamentary System
15. China is the biggest example _________
Correct : D. Socialism
16. The term _________ relates to patent, trademarks, copyrights and trade secrets.
Correct : B. Intellectual property right
17. ____________ is also called the International convention for the protection of
industrial property.
Correct : A. Paris Union
18. ____________ means that if an investor registers a patent in one member country, he can file an application for registration in other member countries within one year from the date of filing return,
Correct : C. Priority Right
19. The international registration of Trade Marks aims at the international
registration is ________
Correct : D. The Madrid Agreement
20. International Bureau of World Intellectual Property Organisation is ________
Correct : B. Geneva
21. _________ Involves infringement of a patent or trade mark.
Correct : A. Counter feiting
22. _______ is an unintented channel of distribution that runs parallel to the planned
channel.
Correct : C. Gray Market
23. ___________ concentrates on the analysis of market, competition and financial
strength of a company.
Correct : B. Cost benefit analysis
24. _________ analysis studies the impact of various environmental factors on the
marketing mix.
Correct : B. Risk reward analysis
25. __________ is subjective in nature
Correct : D. Cultural
26. __________ is a set of traditional beliefs and values which are passed and shared
among different societies
Correct : C. Socio - cultural environment
27. __________ is the foundation of culture
Correct : A. Language
28. E.E.C stands for
Correct : B. European Economic Community
29. E.E.C. is also known as ________
Correct : D. European Common Market
30. ECM was brought into being __________
Correct : C. 1 Jan, 1958
31. World's largest trading Block is ______
Correct : D. ECM
32. NAFTA mean __________
Correct : A. North American Free Trade Agreement
33. NAFTA is a series of bilateral agreement between America, Canada and
_________
Correct : B. Mexico
34. SAARC association brings together __________ countries of South Asia for
regional co-operation.
Correct : C. 7
35. The head quarters of SAARC in _______
Correct : D. Kathmandu
36. ________ was commenced on January 1, 1994
Correct : A. NAFTA
37. ______________ is a bilateral trade agreement between two countries.
Correct : B. Counter trade
38. _______ is the process of convincing the various powerful elements of the
environment to act in the favour of the organisations.
Correct : C. Lobbying
39. Two or more organisations may merger their organisations to have better control
over the environment as various resources are pooled together is __________
Correct : D. Coalescing
40. _________ was a Multilateral treaty encompassing rules and disciples for an
orderly world trading system.
Correct : A. GATT
41. __________ means each nation shall be treated as well, as the most favoured
nation.
Correct : B. MFN
42. Trade in Textile was restricted by _________
Correct : C. MFA
43. __________ is known a neo-liberalism
Correct : A. Globaluation
44. ________ refers to a process of increasing economic integration and growing
economic interdependence between countries in the world economy.
Correct : C. Globalisation
45. _________ means acceptance of an outward looking policy of economic
development in place of an inward – looking one.
Correct : C. Globalisatiion
46. ESCAP stands for _______
Correct : A. Economic and Social Commission for Asia and the Pacific
47. __________ is a method of doing business by which a franchisee is granted the right to offer, sell or distribute goods or service under a system created by the Franchisee.
Correct : D. Franchising
48. ________ means setting a products a company to its affiliated company in host
country.
Correct : B. Intra corporate transfer
49. BOT means ____________
Correct : C. Build, operation and Transfer
50. FERA was replaced by _______
Correct : A. FEMA
51. WTO was setup in ______
Correct : A. 1995
52. ________ is the process of contracting with foreign firms granting them
proprietary right to use technology, copyrights, trade marks, brand names etc.
Correct : B. Licensing
53. __________ arrangement is also known as cross licensing
Correct : A. Licensing
54. A company doing international marketing contracts with a foreign producer to
manufacture or assemble the products for a sale in the foreign market is ________
Correct : B. Contract Manufacturing
55. _________ are therefore arrangement where by for a fee, one company provides personnel to perform general specialised management functions for another company.
Correct : D. Management contract
56. _________ is a contract under which a firm agrees to fully design, construct and equip a manufacturing or business or service facility and turn the project to the purchaser ready for operation for a remuneration.
Correct : C. Turnkey contracts
57. __________ is part of the parent corporation and simply an extension of domestic
operation.
Correct : B. Overseas branch
58. _________ is a separate company organised under a foreign nations legal code
with accountability distinct from the parent company.
Correct : A. Foreign subsidiary
59. _________ is a peculiar form of international trade that encompasses more than
an exchange of goods services or idea for money.
Correct : C. Counter Trade
60. __________ of economic policy is intended to promote the integration of Indian
economy with the global economy.
Correct : B. Liberalisation
61. _________ is an enterprise which allocates company resources without regards to national frontiers, but is nationally based in terms of ownership and top management.
Correct : A. MNC
62. __________ conference of 1944 suggested institutional arrangements to undertake
post wear reconstruction of global economy.
Correct : C. Brotton woods
63. The GATT agreement had been signed by governments known as _____
Correct : D. Contracting Parties
64. Article XIX of the GATT provided ________
Correct : B. Emergency safeguard code
65. GATT agreements as modified by the _______agreement
Correct : C. Uruguay Round
66. _____________ is in fact, policeman of global trade.
Correct : D. WTO
67. _______ is the Supreme Authority of the WTO
Correct : B. Ministerial conference
68. Council for Trade in Goods, Services and Intellectual property Rights, Council for Trade Related intellectual property Rights are the three council in General council of _________
Correct : A. WTO
69. The Secretariat of the WTO is headed by the _______
Correct : C. Director General
70. ____________ is a permanent institution with its own Secretariat.
Correct : A. WTO
71. GATT was applied on a _________
Correct : B. Provisional basis
72. The agreement of patent protection for _______
Correct : A. 20 years
73. Plurilateral Trade Agreement was done at Ganeva in ______
Correct : B. April 1979
74. NIEO means_________
Correct : A. New International Economic Order
75. __________ is the effect International Trade has a detrimental effect on under
developed countries
Correct : C. Demonstration effect
76. The manor attributes of international financial system are knowledge, certainty
and _________
Correct : B. Predictability
77. _________ established a mechanism where by their local currencies are kept equal
in value to gold and to each other.
Correct : D. International Gold standard
78. IMF was organised in ________
Correct : B. `1946
79. Member's Gold Subscription + Credit extended by the member through the fund to
other members _________
Correct : A. Gold Tranche
80. ___________ was introduced in 1969
Correct : C. Buffer stock facility
81. In the form of pound sterling and U.S. dollars, these two currencies were known as
__________
Correct : A. Reserve currencies
82. SDR was approved in _________
Correct : C. 1967
83. __________ will include interest and amortization payment, put a strain on future
balance of payments
Correct : B. Debit servicing charges
84. India is _________ place in IMF General Quota
Correct : D. 13th
85. ___________ are also known as International Bank for Reconstruction and
Development.
Correct : C. World Bank
86. _________ is the Supreme governing authority of World Bank.
Correct : C. The Board of Governors
87. _________ becomes the Ex-officio Chairman of World Bank.
Correct : D. The President
88. __________ is responsible for the conduct of the ordinary business of the bank and its organisation
Correct : B. The President
89. In the day to day administration the Board delegates its power to ___________
Correct : D. The Executive Directors
90. ADB was setup in ________
Correct : C. 1966
91. The headquarters of ADB is _________
Correct : B. Manila
92. The highest policy making body of the ADB is __________
Correct : A. Board of Governors
93. To take decisions of loan application in ADB by
Correct : B. Board of Directors
94. The President elected for a term __________ in ADB
Correct : C. 5 Years
95. _________ is also known as the European Common Market.
Correct : A. EEC
96. _________ is the most successful of the integration schemes.
Correct : A. ECM
97. __________ is the World's largest trading block
Correct : B. EEC
98. GATT was replaced by the WTO on _________
Correct : D. 1 Jan. 1995
99. Under _________ approach companies view the entire world as a
single country.
Correct : A. Geocentric
100. Companies establish foreign subsidiary and empowers its executives is
_________