CBSE  /  Class 11  /  Business Studies  /  International Business 1

  • 1. 
    Which one of the following is not amongst India’s major import items?

  • Ayurvedic medicines
  • Oil and petroleum products
  • Pearls and precious stones
  • Machinery

  • 2. 
    Which one of the following modes of entry brings the firm closer to international markets?

  • Licensing
  • Franchising
  • Contract manufacturing
  • Joint venture

  • 3. 
    Which one of the following modes of entry requires higher level of risks?

  • Licensing
  • Franchising
  • Contract manufacturing
  • Joint venture

  • 4. 
    When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as

  • Contract manufacturing
  • Franchising
  • Joint ventures
  • Licensing

  • 5. 
    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

  • Licensing
  • Contract manufacturing
  • Joint venture
  • None of these
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