International Business 1 Class 12 MCQs Questions with Answers

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

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

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

4. _______ is the first step in the internationalization process

5. The OECD stands for:

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

7. The Theory of Relative Factor Endowments is given by

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

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

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

11. Select example of Indian Multinational Company

12. Select example of Indian Multinational Company

13. Which is not an Indian Multinational Company?

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

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

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

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

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

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

20. Which is the right sequence of stages of Internationalization