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Questions Related to globalisation and the indian economy

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

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

  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

Reveal answer Fill a bubble to check yourself
D Correct answer
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.

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

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. 

  1. False

  2. True

  3. Not relevant

  4. None of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
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.

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

A MNC is defined by an organisation ___________.

  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

Reveal answer Fill a bubble to check yourself
A Correct answer
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.

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

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

  1. America

  2. America and Asia

  3. Europe

  4. Singapore

Reveal answer Fill a bubble to check yourself
A Correct answer
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.

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

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

  1. Technology movement

  2. Support enterprises in host countries

  3. Product duplication

  4. Provide services to professionals

Reveal answer Fill a bubble to check yourself
C Correct answer
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.

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

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

  1. 123 only

  2. 1,2,3

  3. 4,1,2

  4. 1,2,3 and 4

Reveal answer Fill a bubble to check yourself
D Correct answer
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.

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

The advantage of multinational corporations is _____________.

  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)

Reveal answer Fill a bubble to check yourself
A Correct answer
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.

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

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

  1. McDonalds

  2. Nirma

  3. World trade organization

  4. United Nations Organization

Reveal answer Fill a bubble to check yourself
A Correct answer
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.

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

Microsoft is a _________.

  1. Indian government company

  2. multinational company

  3. statutory corporation

  4. public limited company

Reveal answer Fill a bubble to check yourself
B Correct answer
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.

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

Coca- Cola is an example of _________.

  1. MNC

  2. Indian Company

  3. Foreign Company

  4. None of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
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.