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IB quiz

Authored by Riya xavier

Business

11th Grade

Used 3+ times

IB quiz
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1.Exporting refers to sending of goods and services from the home country to

a foreign country

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2.importing is sale of foreign products and bringing them into one’s home country.

True

False

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

3.Contract manufacturing, also known as...

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4.Licensing is a contractual arrangement in which one firm grants access to its patents, trade secrets or technology to another firm in a foreign country

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5.Franchising is used in connection with production and marketing of goods

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6.A joint venture means establishing a firm that is jointly owned by two or more otherwise independent firms.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

7.Wholly owned subsidiary abroad by making..... per cent investment in foreign

ventures

50

75

90

100

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