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Chapter 11 of 11
Practice Quiz

International Business

Assam Board · Class 11 · Business Studies

Practice quiz for International Business — Assam Board Class 11 Business Studies. MCQs and questions with answers to test your preparation.

97 questions25 flashcards5 concepts

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Quick Quiz: International Business

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1

What is the fundamental reason behind international business?

2

What is the primary difference between domestic and international business?

3

Which of the following is NOT a form of international business?

4

What is a letter of credit in international trade?

97 Questions·
multiple choicemultiple correcttrue falsetext answerorderingmatching

Sample Questions

1multiple choice

What is contract manufacturing?

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Contracting local manufacturers to produce goods as per specifications

Contract manufacturing involves hiring local manufacturers in foreign countries to produce components or complete products according to specific requirements.

2multiple choice

What is the primary benefit of international business for countries?

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Foreign exchange earnings

Countries benefit from international business by earning foreign exchange, which can be used to import capital goods, technology, and other essential products.

3multiple choice

What distinguishes franchising from licensing?

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Franchising is more specific to service businesses

While licensing and franchising are similar, franchising is typically used for service businesses and involves stricter operational guidelines.

4multiple choice

What is a wholly owned subsidiary?

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A foreign company fully owned by a parent company

A wholly owned subsidiary is established when a parent company makes a 100% equity investment in a foreign company, giving it complete control.

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Frequently Asked Questions

What are the important topics in International Business for Assam Board Class 11 Business Studies?
International Business covers several key topics that are frequently asked in Assam Board Class 11 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in International Business — Assam Board Class 11 Business Studies?
Understand the core concepts first, then work through the 97 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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