MGT520 Midterm MCQs 2024 by Miss Mehwish

MGT520 (Mega File) · Mid Term (Live Quiz) · Past Papers for Mids./Finals are also Available

•  The risk of terrorism comes under political risk.

True ✅

False

•  Joblessness is not the greatest economic risk factor worldwide.

True

False ✅

•  ___ is a political system which encourages innovative and entrepreneurial activities.

Communism

Conservatism

Democracy ✅

Dictatorship

 Which of the following is known as the bedrock of a culture?

Norms

Ethics

Customs ✅

 Which one of the following is a country where Theocratic system of law does not prevail?

Saudi Arabia

Poland ✅

Vatican City

Iran Overall attractiveness of a country for international business firms includes the following factors:

Profit, Opportunities, Risks

Threats, Risks, Opportunities

Costs, Threats, Opportunities

Costs, Benefits, Risks ✅

 Which of the following are considered successful in delivering the sustained economic performance in different countries?

Market-based systems ✅

Mixed economies

Command economies

Web-based systems

 Which of the following country is said to have a society with great social consciousness?

Pakistan

England ✅

America

India

•  ICT stands for information and communication techniques.

True

False ✅

•  Poverty is the main cause of terrorism.

True ✅

False

1. Which of the following prohibit(s) private enterprises from operating in most sectors of the

economy and severely restrict(s) direct investment by foreign enterprises?

o Mixed economies

o Regulations

o

Command economies ✅

o Nationalization

2. In transforming economies like many African countries, international business firms have to

bare extra cost and they are reluctant to enter there because they mostly face resistance by:

o Local War Lords

o Geographical conditions

o Their culture

o

Their political system ✅

Q3. Following are the determinants of culture, EXCEPT?

o Technology

o Education

o Religion

o Social Structure

o

Technology ✅

4. Identify a country in which civil law does NOT operate.

o Germany

o

United Kingdom ✅

o Japan

Q5. Which of the following is one of the reasons for the spread of democracy?

o Totalitarianism failed to deliver economically

o Expansion of small and medium businesses worldwide

o Economic recession worldwide

o

Totalitarianism failed to deliver economically ✅

6. The transfer of ownership of state property into the hands of private individuals, frequently

by the sale of state assets through an auction is known as;

o Formulization

o Nationalization

o Industrialization

o