NCERT Solutions For Class 11 Business Studies International Business-I
NCERT Solutions For Class 11 Business Studies International Business-I TEXTBOOK QUESTIONS SOLVED I.Multiple Choice Questions Question 1. In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee (a) Licensing (b) Contract manufacturing (c) Joint venture (d) None of these Question 2. Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as (a) Licensing (b) Franchising (c) Contract manufacturing (d) Joint venture Question 3. When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as (a) Contract manufacturing (b) Franchising (c) Joint ventures (d) Licensing Question 4. Which of the following is not an advantage of exporting? (a) Easier way to enter into international markets (b) Comparatively lower risks (c) ...