Chapter 12 International Business-II

Chapter 12 International Business-II I. Multiple Choice Questions Question 1. Which of the following documents are not required for obtaining an export license? (a) IEC number (b) Letter of credit (c) Registration cum membership certificate id) Bank account number Question 2. Which of the following documents is not required in connection with an import transaction? (a) […]

Chapter 11 International Business-I

Chapter 11 International Business-I I.Multiple Choice Questions Question 1. In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee (a) Licensing (b) Contract manufacturing (c) Joint venture (d) None of these […]

Chapter 10 Internal Trade

Chapter 10 Internal Trade I. Short Answer Type Questions Question 1. What is meant by internal trade? Answer:  Internal trade refers to the buying and selling of goods and services within the domestic territory of a country. It is known as internal trade. In other words, the process of exchanging goods and services within the national […]

Chapter 9 Small Business

Chapter 9 Small Business I. Short Answer Type Questions Question 1. What are the different parameters used to measure the size of business? Answer: Following parameters may be used to measure the size of business: (a) Number of workers employed (b) Size of plant and machinery (c) Total output (d) Inventory size Question 2. What is […]

Chapter 8 Sources of Business Finance

Chapter 8 Sources of Business Finance I. Multiple Choice Questions Tick (✓) the correct answer out of the given alternatives: Question 1. Equity shareholders are called: (a) Owners of the company (b) Partners of the company (c) Executives of the company (d) Guardian of the company Question 2.The term ‘redeemable’ is used for (a) Preference […]

Chapter 7 Formation of a Company Exercises

Chapter 7 Formation of a Company Exercises Multiple Choice Questions Questions 1. Minimum number of members to form a private company is (a) 2 (b) 3 (c) 5 (d) 7 Answer (a) 2 Questions 2. Minimum number of members to form a public company is (a) 5 (b) 7 (c) 12 (d) 21 Answer (b) 7 Questions 3. […]

Chapter 6 Responsibilities of Business and Business Ethics

Chapter 6 Responsibilities of Business and Business Ethics I. Multiple Choice Questions Question 1. Social responsibility is (a) Same as legal responsibility (b) Broader than legal responsibility (c) Narrower than legal responsibility (d) None of them Question 2. If business is to operate in a society which is full of diverse and complicated problems, it […]

Chapter 5 Emerging Modes of Business

Chapter 5 Emerging Modes of Business I.Multiple Choice Questions Tick mark (✓) the most appropriate answer to the following questions: Question 1. e-commerce does not include: (а) A business’s interactions with its suppliers (b) A business’s interactions with its customers (c) Interactions among the various departments within the business (d) Interactions among the geographically dispersed […]

Chapter 4 Business Services

Chapter 4 Business Services I. Multiple Choice Questions Question 1. DTH services are provided by (a) Transport companies (b) Banks (c) Cellular companies (d) None of the above Question 2. The benefits of public warehousing includes (a) Control (b) Flexibility (c) Dealer relationship (d) None of the above Question 3. Which of the following is […]

Chapter 3 Private, Public and Global Enterprises

Chapter 3 Private, Public and Global Enterprises I. Multiple Choice Questions Question 1. A government company is any company in which the paid up capital held by the government is not less than (a) 49 per cent (b) 51 per cent (c) 50 per cent (d) 25 per cent Question 2. Centralised control in MNC’s […]

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