Question: PLEASE SOLVE THESE MCQ, also while choosing the right option, give explanation why? 522. In the closing case, LUKoil has been making many investments abroad.

PLEASE SOLVE THESE MCQ, also while choosing the right option, give explanation why?

522. In the closing case, LUKoil has been making many investments abroad. Which of the following is NOT one of its motives for making these investments?

A. It is a means of gaining experienced personnel and technical knowledge.

B. Foreign reserves are necessary because of insufficient domestic reserves to satisfy the needs of its home market.

C. The Russian government ownership of the export pipeline looms as a risk for LUKoil to be able to export a sufficient amount of crude.

D. The acquisitions may lower LUKoil's cost by not having to negotiate and enforce contracts with an independent company.

Answer with explanation: -

523. Political, legal, economic, monetary, and institutional forces are among the forces that comprise the ________ of international business that sets the context for managers' actions.

A. environment

B. competition

C. culture

D. threat

Answer with explanation: -

524. Which of the following is an external influence on international business managers?

A. production plant locations

B. host country monetary policy

C. supply chain linkages

D. product design standards

Answer with explanation: -

525. ________ is the framework that managers apply to determine the competitive moves and business approaches that run the company.

A. Competition

B. Growth

C. Strategy

D. Independence

Answer with explanation: -

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