IB quiz
Authored by Riya xavier
Business
11th Grade
Used 3+ times
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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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