Theme 4
Global Business Quiz
All 50 questions on one page — scroll through and tap an answer to lock it in.
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Q1.
Globalisation refers to:
Q2.
A multinational corporation (MNC) is a firm that:
Q3.
Foreign direct investment (FDI) is:
Q4.
Emerging markets are typically:
Q5.
BRICS refers to:
Q6.
A tariff is:
Q7.
A quota is:
Q8.
A trading bloc such as the EU allows:
Q9.
The WTO's role is to:
Q10.
Comparative advantage means countries should:
Q11.
A key push factor for globalisation is:
Q12.
Offshoring means:
Q13.
Outsourcing is:
Q14.
A benefit of trading blocs to member firms is:
Q15.
Exchange rate depreciation of the pound tends to:
Q16.
The 'race to the bottom' criticism of MNCs refers to:
Q17.
Which is a key benefit MNCs bring to host countries?
Q18.
Reasons firms enter emerging markets include:
Q19.
A country's infrastructure includes:
Q20.
Ease of doing business rankings assess:
Q21.
Assessing a country as a production location involves:
Q22.
A political risk to overseas investment includes:
Q23.
Which country would typically have a low-cost labour advantage?
Q24.
A key non-cost factor in offshoring decisions is:
Q25.
Cultural differences may affect marketing through:
Q26.
The 'glocalisation' strategy means:
Q27.
Standardised (pan-global) marketing benefits from:
Q28.
Ethnocentric approach to global marketing means:
Q29.
A geocentric approach:
Q30.
The 4Ps must often be adapted internationally because of:
Q31.
Which is a common product adaptation for global markets?
Q32.
A pressure group focus on MNCs often includes:
Q33.
Transfer pricing is:
Q34.
Ethical concerns about MNCs commonly relate to:
Q35.
The Kyoto/Paris agreements target:
Q36.
Sustainability in business means:
Q37.
A firm's supply chain risk from globalisation includes:
Q38.
Countertrade is:
Q39.
A key benefit of trade to consumers is:
Q40.
Protectionism can benefit domestic producers by:
Q41.
A key drawback of protectionism is:
Q42.
An economic union goes further than a free-trade area by:
Q43.
'Bottom of the pyramid' strategy targets:
Q44.
A common entry mode into a foreign market with LOW risk is:
Q45.
A joint venture in a foreign market helps by:
Q46.
Licensing means:
Q47.
A country's GDP per capita is a rough measure of:
Q48.
The Human Development Index (HDI) combines:
Q49.
An MNC facing exchange-rate risk can:
Q50.