Tag: globalisation and the indian economy

Questions Related to globalisation and the indian economy

Multinational corporations, sometimes provide benefits to their home countries, except which one?

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. Boost the industrial development in home country

  2. Allow for production of cheaper components for their products

  3. Marketing opportunities for the products produced in home country

  4. Shift the home country's technology overseas via licensing

Show answer
Correct Option: D
Explanation:

MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. I t provides various benefits to the home countries:

  1. Boost the industrial development in the home country.
  2. Allow for production of cheaper components for their products.
  3. Marketing opportunities for the products produced in the home country.
But it does not shift home country technology overseas via licensing.

Is the following statement is true or false?

Some MNC's,  for instance Walmart have their economy as large as the economy of many developing countries. 

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. False

  2. True

  3. Not relevant

  4. None of the above

Show answer
Correct Option: B
Explanation:

MNC refers to those organisations who have their headquarters in the home country and subsidiaries in two or more country. Some MNCs have their economy as large as the economy of many developing countries. Walmart made a total profit of 16 billion dollars and that is as large as economy of any developing country.

A MNC is defined by an organisation ___________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. carrying out production in more than one country

  2. having sales in more than one country

  3. having a multi-ethnic workforce

  4. having-suppliers in more than one country

Show answer
Correct Option: A
Explanation:

MNC refers to an organisation which has its headquarter in home country and operates in two or more countries through its subsidiaries being set up there. Hence, a MNC is defined by an organisation carrying out production in more than one country.

Home location for most of the world's MNC is at __________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. America

  2. America and Asia

  3. Europe

  4. Singapore

Show answer
Correct Option: A
Explanation:

A MNC is an organisation which has its main headquarters in the home country but has its subsidiaries in two or more countries. Many MNCs are located mostly in America. Hence, home location for most of the world's MNC is at america.

Which of the following is not a key advantage of an MNC?

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. Technology movement

  2. Support enterprises in host countries

  3. Product duplication

  4. Provide services to professionals

Show answer
Correct Option: C
Explanation:

MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. The advantage of MNC are:

  1. Technology movement.
  2. Support enterprises in host countries.
  3. Provide services to professionals.etc.
But it does not do product duplication.

Which of the following pairs of MNC and the countries where they are headquartered is/one correctly matched?
1.Mero-Germany
2.Walmart -USA
3.Tesco- UK
4.Carore four- France

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. 123 only

  2. 1,2,3

  3. 4,1,2

  4. 1,2,3 and 4

Show answer
Correct Option: D
Explanation:

A multinational company is one which has its main office in the home country and has many branches or subsidiaries in two or more country. All the pairs mentioned of the MNC and their base countries are absolutely correct.

The advantage of multinational corporations is _____________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. business gets management expertise from MNC

  2. always enjoy political harmony in host countries in which their subsidiaries operate

  3. enjoy subsidies from government in order to conduct worldwide operations

  4. both (a) and (b)

Show answer
Correct Option: A
Explanation:

MNC is an organisation which has its head office in the home country and subsidiaries in two or more countries. The advantage of MNC are:

  1. Technology movement.
  2. Support enterprises in host countries.
  3. Provide services to professionals.
  4. Business gets management expertise from the MNC etc.

Which of the following is an example of a multinational corporation?

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. McDonalds

  2. Nirma

  3. World trade organization

  4. United Nations Organization

Show answer
Correct Option: A
Explanation:

A MNC is an organisation which has its main headquarters in the home country but has its subsidiaries in two or more countries. E.g. McDonalds have its main headquarters in USA but have its branches in many countries of the world.

Microsoft is a _________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. Indian government company

  2. multinational company

  3. statutory corporation

  4. public limited company

Show answer
Correct Option: B
Explanation:

A multinational corporation is an organisation which has its main headquarter in home country and operates with its subsidiaries in two or more countries. Microsoft has its main headquarters in Washington but has its subsidiaries all over the world.

Coca- Cola is an example of _________.

geography globalization and trade mncs and impact of globalization effects of globalisation in india globalisation and the indian economy

  1. MNC

  2. Indian Company

  3. Foreign Company

  4. None of the above

Show answer
Correct Option: A
Explanation:

A multinational corporation is an organisation which has its main headquarter in home country and operates with its subsidiaries in two or more countries. Coca-Cola has its main branch in Georgia but has many subsidiaries spread all over the world.