Vidyalelo
Commerce · all questions

Business Environment and International Business
practice.

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Which of the following is deemed to be a very important factor that provides competitive advantage to a business organization?

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The components of WTO are

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Match the items of List I with List II and indicate the correct matching.
List-I List-II
a. Micro external environment 1. Economic and political factors
b. Macro external environment 2. Competition among diverse products targetting disposable income of consumers
c. Non-price competition 3. Input suppliers
d. Desire competition 4. Sponsoring of events like sports

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Match items of List I with List II relating to macro environment of business and indicate the correct matching.
List-I List-II
a. Economic environment 1. Ethical issues
b. Political and government 2. Trade and transport policies environment
c. Socio-cultural environment 3. Economic stratification of population
d. Demographic environment 4. Judiciary powers

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Which one of the following is the main government agency responsible for development and monitoring international trade in India?

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Match the items of List I with the items of List-II and choose the correct answer:
List-I List-II
a. Balance of trade 1. Imports and exports of goods and services and unilateral transfer of goods and services
b. Current account 2. Transactions leading to changes in the financial assets and liabilities of a country
c. Balance of payments 3. All economic transactions between a country's residents and residents of other countries
d. Capital account 4. Value of exports and imports of a country

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The apex consumer court in India is refered to as

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Which of the following is not the agency of World Bank?

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Internal environment of a business includes
1. Business ethics and moral standards.
2. Business and managerial policies.
3. Prospects of business development.
4. Government rules and regulations.
5. Industrial relations.
Select the correct answer:

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If a country has a floating (flexible) exchange rate, which one of the following would lead to a fall (depreciation) in the rate of exchange for its currency into the economy?

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Which of the following are sources of ethics?
1. Religion
2. Legal system
3. Economic system
4. Culture
5. Family system
Select the correct answer:

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Assertion (A): Internal factors of business environment are controllable factors.
Reason (R): The company can alter or modify such factors to suit the environment.

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In the context of globalisation,'Levitt Thesis' means

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Which of the following can be referred as external factors affecting a business environment?

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Which one among the following is not a part of TRIPS agreement?

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When a company takes over another one and clearly becomes a new owner, the action is called

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Match List-I with List-II and select the correct answer:
List I List II
a. Supply side of international trade 1. David
b. Demand side of international trade 2. Bastable and Alfred Marshall
c. Opportunity cost international trade 3. G. Haberler
d. Real cost theory of international trade 4. Alfred Marshall and Edgeworth

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Which one is not an element of internal environment?

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International trade is theoretically based on which principle?

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Consumer attitudes and beliefs about diet, health and nutrition are infuenced by

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