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B Com Exam  >  B Com Tests  >  Test: Developments and Issues in International Business - B Com MCQ

Test: Developments and Issues in International Business - B Com MCQ


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10 Questions MCQ Test - Test: Developments and Issues in International Business

Test: Developments and Issues in International Business for B Com 2024 is part of B Com preparation. The Test: Developments and Issues in International Business questions and answers have been prepared according to the B Com exam syllabus.The Test: Developments and Issues in International Business MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Developments and Issues in International Business below.
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Test: Developments and Issues in International Business - Question 1
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What is the primary advantage of IT outsourcing to India mentioned in the text?

Detailed Solution for Test: Developments and Issues in International Business - Question 1
The primary advantage of IT outsourcing to India mentioned in the text is cost efficiency. The text highlights that significant cost savings can be achieved by outsourcing IT services to India due to the lower personal costs in India compared to developed countries. This cost advantage is a major reason why many companies, including Fortune 500 companies, choose to outsource their software development to India.
Test: Developments and Issues in International Business - Question 2
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Which type of strategic alliance involves the creation of a new child company by two parent companies?

Detailed Solution for Test: Developments and Issues in International Business - Question 2
A joint venture is a type of strategic alliance where two parent companies come together to create a new child company. This child company is jointly owned by the parent companies, and the ownership distribution can vary. It is a collaborative effort to achieve common objectives.
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Test: Developments and Issues in International Business - Question 3
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In which phase of M&A does the formal announcement of the merger agreement take place?

Detailed Solution for Test: Developments and Issues in International Business - Question 3
The formal announcement of the merger agreement takes place in the phase of M&A known as "Post merger integration." This phase occurs after the negotiation and agreement stages and involves the actual execution and integration of the two companies.
Test: Developments and Issues in International Business - Question 4
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According to the text, what role does information technology play in decision-making for businesses?
Detailed Solution for Test: Developments and Issues in International Business - Question 4
The text mentions that information technology plays a crucial role in decision-making for businesses by enabling accurate analysis. It allows businesses to analyze specific data, understand customer needs, and plan their strategies based on real-time information and trends.
Test: Developments and Issues in International Business - Question 5
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What argument is made in the text regarding the role of trade in promoting environmental-friendly practices?
Detailed Solution for Test: Developments and Issues in International Business - Question 5
The text argues that trade can promote environmental-friendly practices by encouraging the development and dissemination of environmentally friendly production techniques. As demand for cleaner products grows and markets expand, international companies may adopt cleaner technologies in their operations.
Test: Developments and Issues in International Business - Question 6
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What environmental concern is raised in the text regarding trade liberalization?
Detailed Solution for Test: Developments and Issues in International Business - Question 6
The text raises concerns about trade liberalization leading to the relocation of polluting industries from developed countries to developing countries. This can have adverse environmental effects on the developing countries, as they may not have the same environmental standards and regulations as the developed nations.
Test: Developments and Issues in International Business - Question 7
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What is the primary focus of the text in discussing the impact of IT on business?
Detailed Solution for Test: Developments and Issues in International Business - Question 7
The primary focus of the text is to discuss the importance of information technology (IT) in decision-making for businesses. It highlights how IT enables accurate analysis, planning, and communication, leading to better decision-making processes.
Test: Developments and Issues in International Business - Question 8
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What environmental issue is associated with the relocation of polluting industries from developed to developing countries?
Detailed Solution for Test: Developments and Issues in International Business - Question 8
The relocation of polluting industries from developed to developing countries can lead to a "race to the bottom" in environmental standards. This means that countries may lower their environmental standards to attract such industries, resulting in a decrease in overall environmental standards.
Test: Developments and Issues in International Business - Question 9
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What is one of the arguments raised in the text regarding the impact of trade on environmental standards?
Detailed Solution for Test: Developments and Issues in International Business - Question 9
One of the arguments raised in the text is that trade liberalization may force countries to lower their environmental standards to remain competitive. This can happen if countries engage in a race to attract industries by offering lower environmental regulations.
Test: Developments and Issues in International Business - Question 10
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What is the central concern regarding trade and the environment, as mentioned in the text?
Detailed Solution for Test: Developments and Issues in International Business - Question 10
The central concern regarding trade and the environment, as mentioned in the text, is the potential for trade to have harmful environmental effects. It highlights how trade can lead to adverse consequences on the environment, especially when property rights and environmental standards are not well-defined or enforced.
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