Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

Accelerated Industrial Growth through a MNC is an advantage to ______.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. home country

  2. host country

  3. both country

  4. none of the above

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Correct Option: B
Explanation:

Host country a nation in which representatives or organizations of another state are present because of government invitation and/or international agreement. Dictionary of Military and Associated Terms.

Aim for MNCs drive is to ___________.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. avoid trade barriers

  2. meet different rules and regulations (avoid non-tariff barriers)

  3. secure supplies of raw materials or markets

  4. all of the above

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Correct Option: D
Explanation:

Business enterprises wants to be international because it has many advantages. It avoids trade barriers which are the rules and regulations that regulates foreign trade and investment. Tarrif is the tax imposed by the government on the import and export of goods. MNC get some relaxation in these tarrifs. Secure, timely and cost effective supply of raw materials is the backbone of any enterprise. MNC can get easy access to the raw materials as it can set up operations where the raw materials are easily found which in turn reduces the production cost.

Apple's main business is ________.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. fruits

  2. computers

  3. retailing

  4. none of the above

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Correct Option: B
Explanation:

Apple Inc. is an American multinational technology

company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services its online services include the iTunes Store, the iOS App Store and Mac App Store, Apple Music, and iCloud.

Good Food, Good Life is the Slogan of which company?

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. Walmart

  2. Britannia

  3. Parle

  4. Nestle

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Correct Option: D
Explanation:

Nestlé S.A. is a Swiss transnational food and drink company headquartered in Vevey, Vaud, Switzerland. It is the largest food company in the world, measured by revenues and other metrics, since 2014.

IBM Corporation was founded in _______.

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. 1895

  2. 1911

  3. 1921

  4. 1931

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Correct Option: B
Explanation:

(IBM) International Business Machines Corporation is an American multinational information technology company headquartered in Armonk, New York, with operations in over 170 countries. The company began in 1911 as the Computing-Tabulating-Recording Company and was renamed "International Business Machines" in 1924.

Which company is world's largest retailer?

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. Shoppers Stop

  2. Smart

  3. Spencer

  4. Walmart

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Correct Option: D
Explanation:

Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969.

Which of the following is autonomous or semi-autonomous corporation and companies establishes, owned and controlled by the state and engaged in industrial & commercial undertakings?

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. Private enterprises

  2. Public enterprises

  3. Semi private enterprises

  4. None of the above

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Correct Option: B
Explanation:

Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly.

Which of the following is/are advantage of MNC's?

organisation of commerce and management multinational corporations global enterprises meaning and features of mncs public sector undertakings & global enterprises

  1. The activities of MNC's in the host countries may be harmful to the national interests as MNC's are solely guided by the profit maximization.

  2. MNC's restrict competition and acquire monopoly power in certain areas in the host countries.

  3. The activities of MNC's in the host countries not harmful to the national interests as MNC's are solely guided by the profit maximization.

  4. MNC's help the host countries to reduce the imports and promote the exports by raising domestic production.

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Correct Option: D
Explanation:

Advantages of multinational companies. Multinationals create jobs which boosts the local economy and more workers to tax. They bring expertise in that skills of workforce are improved, some may use IT that would never have before or other skills now deemed basic by the western or developing world.

Out of these what is not considered an unacceptable business practices?

organisation of commerce and management marketing mix elements of marketing mix middlemen physical distribution and channels

  1. Door-to-door sales.

  2. False advertising

  3. Referral selling.

  4. Abusive debt collection methods.

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Correct Option: A

Two-level channel of distribution is most suited for goods like ________.

organisation of commerce and management marketing mix elements of marketing mix middlemen physical distribution and channels

  1. rice, sugar and pulses

  2. soaps, oil

  3. clothes

  4. all of the above

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Correct Option: D