Public Private and Global Enterprises Test

Result

Public Private and Global Enterprises Test - 7

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

As equity joint venture is _________.

A
A technological sharing arrangement between private company and Government company

B
A capital sharing arrangement between an MNC and a local company (or even a foreign Government) or another MNC.

C
A capital sharing arrangement between the private company and government company

D
None of these

Solution

A joint venture is created by two or more parties generally characterized by a share of ownership, return, risk and share profits as equity it is an agreement between two companies to become one venture, for example, Starbucks is a joint venture of TATA enterprise.
Question 2
1 / -0

A Company which has gone global is called a _______.

A
Multinational

B
Transnational

C
Either (A) or (B)

D
None of these

Solution

MNC has an international identity as belonging to a particular home country where they are headquartered. A transnational company is borderless, as it does not consider any particular country as its base, home or headquarters. Transnational corporations are a type of multinational corporations.
Question 3
1 / -0

The major tasks of Disinvestment Commission is _____________.

A
to prepare long-term disinvestment programme

B
to determine extent of disinvestment in each PSE

C
to monitor disinvestment process

D
all the above

Solution

Disinvestment Commission - The change process in India began in the year 1991-92, with 31 selected PSUs disinvested for Rs.3,038 crore. In August 1996, the Disinvestment Commission, chaired by G V Ramakrishna was set up to advice, supervise, monitor and publicise gradual disinvestment of Indian PSUs.
Question 4
1 / -0

When two or more firms come together to create a new business entity that is legally separate and distinct from its parents, it is known as _________.

A
Contract manufacturing

B
Franchising

C
Joint ventures

D
Licensing

Solution

Joint venture is nothing but the contractual agreement between two or more parties to work together in which they share the profits and losses. Hence, when two or more firms come together to create a new business entity that is legally separate and distinct from its parents, it is known as joint ventures.
Question 5
1 / -0

Globalization is a term used to describe the process of removal of restrictions on which of the following?

A
Foreign Trade

B
Foreign Investment

C
(A) and (B) above

D
None of the above

Solution

Globalisation is the process through which various businesses and organisations remove their restrictions on foreign trade and foreign investment and start operating on an international scale.
Question 6
1 / -0

The sectors are classified into public and private sector on the basis of ________.

A
Employment conditions

B
The nature of economic activity

C
Ownership of enterprises

D
Members of workers employed in the firm
Question 7
1 / -0

The sector owned by State or Central Government is called ______________.

A
Private sector

B
Public sector

C
Joint sector

D
Co-operative sector

Solution

The sector owned by state or central government is called Public sector. This sector exists to provide services to its citizen and do not seek to generate a profit. The main aim included is to maximize the social welfare.
Question 8
1 / -0

Which of the following is the most important motive of private firms?

A
Sales motive

B
Maximising output

C
Profit motive

D
All the above

Solution

The most important motive of private firms is to maximize their profit. The private firms want to increase the level of their profits which helps in the growth of the company.
Question 9
1 / -0

PSE's are organisations owned by _____________.

A
Joint Hindu Family

B
Government

C
Foreign Companies

D
Private Entrepreneurs

Solution

Public sector enterprise ( PSE ) is the enterprise owned by the union government of India or one of the many state or territorial governments or both. These are the enterprises where the holding power of the government is 51% or more. Hence, PSE's are organisations owned by the central government.
Question 10
1 / -0

Centralised control in MNC's implies control exercised by _____________.

A
Branches

B
Subsidiaries

C
Headquarters

D
Parliament

Solution

Multinational corporation ( MNC ) is an organisation who have branches in many different countries but managed wholly from one country i.e. home country. Hence, centralised control in MNC's implies control exercised by the headquarters.

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Public Private and Global Enterprises Test - 7

Result

Public Private and Global Enterprises Test - 7

Score

-

Rank

-

SHARING IS CARING

Question 1

A technological sharing arrangement between private company and Government company

A capital sharing arrangement between an MNC and a local company (or even a foreign Government) or another MNC.

A capital sharing arrangement between the private company and government company

None of these

Solution

Question 2

Multinational

Transnational

Either (A) or (B)

None of these

Solution

Question 3

to prepare long-term disinvestment programme

to determine extent of disinvestment in each PSE

to monitor disinvestment process

all the above

Solution

Question 4

Contract manufacturing

Franchising

Joint ventures

Licensing

Solution

Question 5

Foreign Trade

Foreign Investment

(A) and (B) above

None of the above

Solution

Question 6

Employment conditions

The nature of economic activity

Ownership of enterprises

Members of workers employed in the firm

Question 7

Private sector

Public sector

Joint sector

Co-operative sector

Solution

Question 8

Sales motive

Maximising output

Profit motive

All the above

Solution

Question 9

Joint Hindu Family

Government

Foreign Companies

Private Entrepreneurs

Solution

Question 10

Branches

Subsidiaries

Headquarters

Parliament

Solution

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.