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B Com Exam  >  B Com Test  >  Business Environment  >  Test: Global Environment - 2 - B Com MCQ

Global Environment - 2 - Free MCQ Practice Test with solutions, B Com Business


MCQ Practice Test & Solutions: Test: Global Environment - 2 (10 Questions)

You can prepare effectively for B Com Business Environment with this dedicated MCQ Practice Test (available with solutions) on the important topic of "Test: Global Environment - 2". These 10 questions have been designed by the experts with the latest curriculum of B Com 2026, to help you master the concept.

Test Highlights:

  • - Format: Multiple Choice Questions (MCQ)
  • - Duration: 10 minutes
  • - Number of Questions: 10

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Test: Global Environment - 2 - Question 1
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What is the primary player in international business that operates across multiple political borders?

Detailed Solution: Question 1

The primary player in international business that operates across multiple political borders is a Multinational Corporation (MNC) or a Multinational Enterprise (MNE). These organizations pursue strategic success in global production and sales, operating within multiple country borders.

Test: Global Environment - 2 - Question 2
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Which of the following is not a strategic area for global expansion?

Detailed Solution: Question 2

Global Concentration, Global Synergies, and Global Strategic Motivations are the three strategic areas for global expansion. "Global Sustainability" is not a recognized strategic area for expansion.

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Test: Global Environment - 2 - Question 3
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Which external factor can impact the success of international expansion related to a region's social preferences?

Detailed Solution: Question 3

The socio-cultural environment of a given region can significantly impact the success of international expansion. For example, food companies are highly impacted by this factor as certain cultures prefer specific types of foods.

Test: Global Environment - 2 - Question 4
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What does the term "technology transfer" refer to in the context of international business?

Detailed Solution: Question 4

Technology transfer in the context of international business refers to the dissemination of commercial technology from one entity to another. This involves sharing relevant knowledge and expertise for mutual benefit.

Test: Global Environment - 2 - Question 5
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What trend has contributed to the increased potential size of major international trade while promoting innovative companies?

Detailed Solution: Question 5

The growth of emerging markets, such as India, China, Brazil, and other parts of Asia and South America, has impacted international trade by increasing the potential size of major trade and facilitating the emergence of innovative companies.

Test: Global Environment - 2 - Question 6
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What has been the trend in India's share of world trade from 1950 to 1994?

Detailed Solution: Question 6

India's share in world trade was 1.78% in 1950 and gradually declined to 0.61% in 1994. There has been a gradual decline in India's share of world trade during this period.

Test: Global Environment - 2 - Question 7
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What has been the general trend in India's trade deficit since 1980-81?

Detailed Solution: Question 7

India has been experiencing a mounting trade deficit since 1980-81, which means that the value of imports has been consistently exceeding the value of exports over this period.

Test: Global Environment - 2 - Question 8
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Which factor has contributed to the inadequate growth of exports in India?

Detailed Solution: Question 8

The inadequate growth of exports in India can be attributed to factors such as a lack of professionally trained manpower in export organizations. This has led to challenges in competing effectively in global markets.

Test: Global Environment - 2 - Question 9
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What trend has been observed in India's trade deficit during 2008-2009 and 2009-2010?

Detailed Solution: Question 9

During 2008-2009, the trade deficit in India significantly rose to a considerable amount. Similarly, in 2009-2010 (April-September), the trade deficit further increased. This indicates a drastic increase in the trade deficit during these periods.

Test: Global Environment - 2 - Question 10
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Which of the following is NOT one of the reasons for global expansion in international business?

Detailed Solution: Question 10

The reasons for global expansion in international business include Global Concentration, Global Synergies, and Global Strategic Motivations. "Global Sustainability" is not typically recognized as one of the reasons for expansion in the context of this discussion.

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About this B Com Practice Test

This test contains 10 MCQs on Global Environment - 2 with detailed solutions for each question. It is part of the Business Environment course on EduRev, designed to align with the current B Com syllabus. Each solution explains not just the correct answer but also gives you an understanding of the topic — not just to attempt the question but also help you prepare for the exam with practice.

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If you found this Global Environment - 2 MCQ Test helpful, you can further enhance your B Com preparation with in-depth courses on EduRev, for all the subjects and topics available in Business Environment course. The course offers:
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