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FBLA INTERNATIONAL_GLOBAL BUSINESS QUESTIONS WITH COMPLETE ANSWERS

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FBLA INTERNATIONAL_GLOBAL BUSINESS QUESTIONS WITH COMPLETE ANSWERS

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53) ____ are called intermediaries because they are links between products and sellers
of products.
A) Service companies
B) Retailers
C) Manufacturing companies
D) Wholesalers


Give this one a try later!


D) Wholesalers




67) The ___ provides capital and technical assistance to businesses in nations with
limited resources.
A) International Monetary Fund
B) International Finance Corporation
C) World Bank
D) International Development Association

,Give this one a try later!


B) International Finance Corporation




63) The ____ allows a company to file a single patent application in which it names the
countries in which it seeks patent coverage.
A) World Trade Organization
B) International Copyright Agreement
C) World Intellectual Property Organization
D) Patent Cooperation Treaty


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D) Patent Cooperation Treaty




49) The same marketing functions must be completed by businesses whether
marketing nationally or internationally and include but aren't limited to:
A) product/service management, selling, promotion, investment
B) distribution, selling, financing, promotion
C) culture, financing, subsidies, investments
D) investments, manufacturing, culture, management


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B) distribution, selling, financing, promotion




32) A tax holiday is sometimes given to companies that invest in foreign countries. This
means the corporation does not pay corporate income taxes if it invests in their
country. These tax holidays may last for as long as ______ years.

,A) 20
B) 15
C) 10
D) 5


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C) 10




26) Self insurance of ___ occurs when a company takes responsibility for losses from
certain risks.
A) Risk avoidance
B) Risk reduction
C) Risk assumption
D) Risk sharing


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C) Risk assumption




47) Slogans and trademarks
A) may not have the same translation in different countries.
B) stay the same for company recognition.
C) should always stay the same for ease in marketing products.
D) have no specific international purpose.


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A) may not have the same translation in different countries.

, 76) Which is not true about an insurable risk?
A) common to many people
B) able to calculate
C) excessive in magnitude
D) definite


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C) excessive in magnitude




38) While white teeth are valued in the United States, blackened teeth are valued in
A) Southeast Asia
B) the Middle East
C) Western Europe
D) Canada


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A) Southeast Asia




77) Governments can impose ___ against another country to protest that country's
behavior.
A) fines
B) civil action
C) trade sanctions
D) penalties


Give this one a try later!

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