International Business Questions
1. International Business involves
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Answer: a. Exporting
2. Which one of the following is an obstacle to globalization?
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Answer: c. Obsolescence
3. Balance of payment can be made favourable if
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Answer: d. Both a and c
4. The World Bank is known as
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Answer: d. IBRD
Strategic Management
1. ______ is the combining of two or more companies into one organization.
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Answer: b. Merger
2. SWOT approach assesses an organisation’s
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Answer: c. Strengths, Weaknesses, Opportunities, Threats