List the major countries with whom India trade.
Uploaded bysandeep View Answer
What are the major items that are exported from India.
List major items of India's exports.
Distinguish between licensing and franchising.
What is invisible trade? Discuss the salient aspects of India's trade in services.
Differentiate between contract manufacturing and setting up wholly owned production subsidiary abroad.
Discuss the major trends India's foreign trade. Also list the major products that India trade with other countries.
Why is it said that licensing is an easier way to expand globally?
Discuss briefly the factors that govern the choice of mode of entry into international business.
Enumerate limitations of contract manufacturing.
In what ways is exporting a better way of entering into international markets than setting up wholly owned subsidiaries abroad.
Discuss as to why nations trade.
What is the major reason underlying trade between nations?
"International business is more than international trade". Comment.
Discuss any three advantages of international business.
What is international business? How is it different from domestic business?
Differentiate between International trade and International business.
Which one of the following is not amongst India's major trading partner?
(a) USA
(b) UK
(c) Germany
(d) New Zealand
Which one of the following is not amongst India's major import items?
(a) Ayurvedic medicines
(b) oil and petroleum products
(c) Pearls and precious stones
(d) Machinery
Which one of the following is not amongst India's major export item?
(a) Textiles and garments
(b) Franchising
(c) Oil and petroleum products
(d) Basmati rice
Which one of the following modes of entry brings the firm closer to international markets?
(a) Licensing
(c) Contract manufacturing
(d) Joint venture
Which one of the following modes of entry permits greatest degree of control over overseas operations?
(a) Licensing/franchising
(b) Wholly owned subsidiary
Which one of the following modes of entry requires higher level of risks?
Which of the following is not an advantage of exporting?
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets
(d) Less investment requirements
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents is known as
(a) Contract manufacturing
(c) Joint ventures
(d) Licensing
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as
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
(b) Contracted
(c) Joint venture
(d) None of these
sandeep View Answer