Today I am giving you some important question of class 11th Business studies chpater -10. These all Questions are very important for exam point of view.
3 Marks Questions:-
Question-1. What do you mean by International Business?
Questions-2. How is international business helpful in the stability of prices?
Question-3. Write four points of importance of international business for the country?
Question-4. Describe the meaning of sourcing and marketing?
Question-5. What is global sourcing for production?
Question-6. How can the 'risk of exit' be minimised in international business?
Question-7. What do you understand by franchise?
Question-8. What do you mean by import Trade?
Question-9. Name any three important documents in import Trade?
Question-10. Differentiate between open and closed indent ?
Question-11. How is the payment of custom duty done?
Question-12. What do you mean by dock warrant?
Question-13. What is the bill of entry?
Question-14. What is meant by demurrage ?
Question-15. What do you mean by export trade?
Question-16. Name any three important documents used in export trade?
Question-17. Write the full form of D/P and D/ A ?
Question-18. What do you mean by the charter party?
Question-19. What is mate's receipt? What are the two types of it?
Question-20. How is the export licence obtained?
Question-21. What is mean by WTO?
Question-22. State any two features of WTO?
Question-23. What is the main objective of WTO?
Question-24. What is the meaning of anti dumping agreement?
Question-25. What is GATS?
4 marks questions:-
Question-1. Explain four points of the nature of international business?
Question-2. Discuss two points on the scope of international business?
Question-3. What do you mean by licensing? In which situation is it useful?
Question-4. Explain the features of franchises business?
Question-5. What are the causes of entering into a joint venture?
Question-6. Write two advantages and limitations of each of the Wholly on subsidiary companies?
Question-7. Explain two important documents used in the import Trade?
Question-8. Explain the types of the letter of credit?
Question-9. What formalities are to be completed to obtain an import licence?
Question-10. How is trade enquiry conducted in the export trade?
Question-11. What is exchange rate? How does an exporter avoid its risk?
Question-12. Write a brief note on the establishment of WTO?
Question-13. Write four future of WTO?
Question-14. What are the main function of WTO?
Question-15. Explain the the organisational structure of WTO?
Question-16. What is the role of WTO in textile sector?
5 marks questions:-
Question-1. Highlight the importance of international business?
Question-2. Explain the scope of international business?
Question-3. What do you mean by International Business? What are the complexities to be faced by it?
Question-4. explain contract manufacturing as way of entering in international business?
Question-5. Explain in brief the import procedure?
Question-6. List 10 important documents used in board trade?
Question-7. Explain the five important steps of the export procedure?
Question-8. Write five function of the forwarding agent at the port?
Question-9. Write a note on the fixation of exchange rate?
Question-10. What is WTO? Explain its main feature?
Question-11. Write the role of WTO in agriculture trade?
Question-12. Write a detailed note on the role of WTO?
Question-13. What are the advantages of WTO for India?
Question-14. What are the dangerous from WTO for India?
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