Business Environment

291. Terrorism in the host country is a ______________.

  1. ownership risk
  2. operating risk
  3. transfer risk
  4. general risk
Correct answer: (B)
operating risk

292. A mixed economy is necessarily a ______________.

  1. controlled
  2. planned
  3. organized
  4. planned, organized and controlled
Correct answer: (D)
planned, organized and controlled

293. What are the important external factors that constitute the economic environment of business?

  1. economic condition
  2. economic policy
  3. economic system
  4. economic condition, policy and system
Correct answer: (D)
economic condition, policy and system

294. The purpose of a SWOT analysis is to analyse ______________.

  1. The business environment in which an organisation operates
  2. The strategic capability of an organisation
  3. The business environment and the strategic capability of an organisation relative to its competitors
  4. External and organisational environments
Correct answer: (C)
The business environment and the strategic capability of an organisation relative to its competitors

295. The cultural frames of reference include ______________.

  1. National; organisational field; competitors
  2. National; organisational; organisational field and functional/divisional
  3. Unions; organisational; industrial
  4. Organisational; colleagues; organisational field
Correct answer: (B)
National; organisational; organisational field and functional/divisional

296. The largest oil- exporting country in the world is ______________.

  1. Norway
  2. Saudi Arabia
  3. Russia
  4. Great Britain
Correct answer: (B)
Saudi Arabia

297. The Clean Water Act was passed in the year.

  1. 1960
  2. 1970
  3. 1980
  4. 1990
Correct answer: (B)
1970

298. Uneven distribution of natural resources

  1. is the only cause for international business
  2. is the major factor for international business
  3. is among the major factors for international business
  4. is not a cause for international business
Correct answer: (C)
is among the major factors for international business

299. A firm investing in a foreign country to distribute the products there in creation of

  1. Asset seeking FDI
  2. Backward vertical FDI
  3. Forward vertical FDI
  4. Distribution FDI
Correct answer: (C)
Forward vertical FDI

300. Social mobility is measured by

  1. The extent to which an individual can move the strata to which he/she belongs
  2. The promptness with which an individual accepts foreign assignments
  3. The extent to which inter- caste marriage is encouraged by the society
  4. The extent to which the society as a whole shifts its habitat
Correct answer: (A)
The extent to which an individual can move the strata to which he/she belongs
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