CBSE Questions for Class 11 Commerce Business Studies Private Public And Global Enterprises Quiz 4 - MCQExams.com

Global enterprises have a problem in market penetration.
  • True
  • False
Aggressive market strategies are used by global enterprises to __________________.
  • gain more market share
  • increase their sales in short period
  • tap the market from existing business
  • grow their reach in a nation
Global Enterprises usually have centralized control in their home nation.
  • True
  • False
The funds earned are a direct income for the government.
  • True
  • False
Departmental undertakings fail to provide flexibility for smooth functioning of operations of the business.
  • True
  • False
Indian companies when join with an international company, they are benefited with ____________.
  • Technological advancements
  • Increased resources
  • Brand name
  • All of the above
Departmental undertakings are subject to accounting and audit that apply to other government activities.
  • True
  • False
The employees of these departmental undertakings are ____________.
  • corporate employees
  • private employees
  • government employees
  • neither of the above
When two businesses enter into a joint venture, one of the parties benefits from the others goodwill which has already been established in the market.
  • True
  • False
When an international company joins an Indian company, they gain access to the vast Indian market.
  • True
  • False
It is becoming increasingly common for companies to create joint ventures with other companies and form strategic alliances with them.
  • True
  • False
Departmental Undertakings are under the direct supervision and control of the ministry.
  • True
  • False
No actions can be taken unless it goes through proper channel of authority.
  • True
  • False
A government company is not answerable directly to the Parliament.
  • True
  • False
A government company can be established by fulfilling the requirements of the Companies Act.
  • True
  • False
Who coined the term "globally integrated enterprise" in $$2006$$?
  • Bill gates
  • Sam Palmisano
  • Anil Ambani
  • Azim Premji
The departmental head can take decisions without the permission of the ministry.
  • True
  • False
Government Company refers to the company in which _______  per cent or more of the paid up capital is held by the government.
  • 50
  • 51
  • 60
  • 61
Public enterprise is an autonomous or semiautonomous organisation.
  • True
  • False
  • Partly true
  • Partly false
Which of the following entity is created under an Act of the Parliament or an Act of the State Legislature?
  • Statutory corporation
  • Government companies
  • Co-operative society
  • Limited Liability Partnership
Departmental undertakings is a part of the private sector group of companies.
  • True
  • False
Promotion of Global co-operation through an MNC is an advantage gained by _________.
  • home country
  • host country
  • both country
  • none of the above
Which of the following are benefits of a joint venture form of company?
  • Increased resources and capacity
  • Access to new markets and distribution networks
  • Access to technology
  • All of the above
The key elements of public enterprises are ______________.
  • recruitment & state control
  • recruitment & useful to various sectors
  • public accountability & state control
  • recruitment & public accountability
As there has been globalization of markets, the tastes and preferences of consumers world-wide are________.
  • converging upon a global norm
  • so different that they can be ignored by international organizations
  • being encouraged by multinational organizations to become increasingly similar
  • becoming similar to the tastes and preferences of American consumers
A ___________ means the special right given by a manufacturer or a parent organization to another individual or firm to sell to the formers product or service in a specified given area(s).
  • network marketing
  • agency
  • franchising
  • none of the above
Aim for MNCs drive is to ___________.
  • avoid trade barriers
  • meet different rules and regulations (avoid non-tariff barriers)
  • secure supplies of raw materials or markets
  • all of the above
Which one of the following is a push factor influencing the internationalisation of a company?
  • Difficulty in finding skilled staff in the home country
  • The need to be close to key resources
  • Low-cost labour in other countries
  • Financial incentives from governments in emerging markets.
The most recent wave of globalisation has emphasized the outsourcing of____________.
  • natural resource extraction and mining job.
  • services & white collar jobs.
  • agricultural & forming jobs.
  • manufacturing and blue collar jobs.
Fast growth in the private sector was after the policy reforms announced in _____________.
  • $$1992$$
  • $$1991$$
  • $$1998$$
  • $$2001$$
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