Globalisation
ICSE · Class 12 · Business Studies
Practice quiz for Globalisation — ICSE Class 12 Business Studies. MCQs and questions with answers to test your preparation.
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Quick Quiz: Globalisation
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What does globalisation mean in business studies?
Which phrase best describes globalisation as a market idea?
Which set of items is included in cross-border movement under globalisation?
What does internationalisation refer to?
Sample Questions
Which statement about a truly global corporation is correct?
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It views the entire world as a single market
A truly global corporation sees the whole world as one market and does not sharply separate domestic and foreign markets.
Which organisation defines globalisation as the process through which the free flow of ideas, people, goods, services and capital leads to integration of economies and societies?
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International Monetary Fund
The International Monetary Fund defines globalisation in terms of free flow of ideas, people, goods, services and capital leading to integration of economies and societies.
Which dictionary phrase gives the literal meaning of globalisation?
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To make global, that is worldwide
The literal meaning given is making something global or worldwide, or considering the whole world or all people.
Which of the following is a feature of globalisation?
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Liberalisation of trade
Liberalisation of trade is one of the main features of globalisation.
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