International Business 1 Class 12 MCQs Questions with Answers

1. The OECD stands for:

2. Select example of Indian Multinational Company

3. The Theory of Relative Factor Endowments is given by

4. Which is the right sequence of stages of Internationalization

5. Which one of the following is not amongst India’s major export items?

6. Select example of Indian Multinational Company

7. Which of the following is not an advantage of exporting?

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

9. _______ is the first step in the internationalization process

10. Which one of the following modes of entry brings the firm closer to international markets?

11. ……………is the application of knowledge which redefines the boundaries of global business

12. According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.

13. Which of the following is not a force in the Porter Five Forces model?

14. Which one of the following is not amongst India’s major import items?

15. Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as

16. The —————- company produces, markets, invests and operates across the world

17. …….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.

18. Which one of the following is not amongst India’s major trading partners?

19. Which is not an Indian Multinational Company?

20. IBRD (International Bank for Reconstruction and Development) also known as