International Business Strategies | 80+ MCQs Answers
What is a key component of international business strategy?
- a) Domestic market focus
- b) Local taxation
- c) Operating across borders
- d) Ignoring competition
Which of the following best defines strategy?
- a) A random set of ideas
- b) A long-term action plan to achieve goals
- c) A plan to solve a problem and allocate resources
- d) Day-to-day operations
International Business Strategy (IB) includes:
- a) Only marketing plans
- b) Adapting operations globally
- c) Ignoring legal systems
- d) Avoiding cultural integration
A major goal of international strategy is:
- a) Limiting reach
- b) Hiring only local employees
- c) Risk diversification
- d) Cutting global expansion
What is NOT typically part of strategic planning?
- a) Goal setting
- b) Resource allocation
- c) Guesswork
- d) Competitive positioning
A personal strategy involves:
- a) Random goals
- b) Thought-out plans to achieve personal goals
- c) Avoiding change
- d) Following trends blindly
Which is a core element of strategy?
- a) Chaos
- b) Frameworks and theories
- c) Gossip
- d) Short-term wins only
Which function does the COO primarily perform?
- a) Marketing
- b) Operations management
- c) Scientific development
- d) Legal affairs
CHRO is responsible for:
- a) Product innovation
- b) Financial planning
- c) Human resources and people strategy
- d) Corporate governance
CSO (Scientific) in a firm generally leads:
- a) Customer service
- b) Legal compliance
- c) Research & development
- d) Brand partnerships
What does IB stand for in business?
- a) Indian Banking
- b) International Business
- c) International Brokerage
- d) Internal Branding
Strategy is primarily:
- a) An informal process
- b) A short-term budget
- c) A long-term plan for achieving goals
- d) A random idea session
The primary focus of international strategy is:
- a) National protectionism
- b) Eliminating global competitors
- c) Operating across multiple countries successfully
- d) Avoiding compliance
What makes international business complex?
- a) Uniform cultures
- b) Local taxation only
- c) Cultural, legal, and economic diversity
- d) Same laws across countries
A key reason to study international strategy is:
- a) To learn domestic trends
- b) To understand global operations and expansion
- c) To avoid international markets
- d) To stop market growth
Which of the following best describes a “strategy”?
- a) Random experiments
- b) A framework to reach objectives
- c) A presentation format
- d) Operational chaos
One personal benefit of learning strategy is:
- a) Better goal planning
- b) Avoiding hard work
- c) Gaining a title
- d) Skipping decisions
Strategic decision-making includes:
- a) Day-to-day operations
- b) Resource allocation and long-term goals
- c) Weekend planning only
- d) Avoiding feedback
Which is a component of strategic planning?
- a) Guesswork
- b) Clear goals and timelines
- c) Gossip
- d) Spontaneous execution
Which of the following is not a valid strategic objective?
- a) Market expansion
- b) Innovation
- c) Cost leadership
- d) Copying competitors blindly
Who is primarily responsible for overall strategy and vision?
- a) COO
- b) CEO
- c) CHRO
- d) CSO
The CFO manages:
- a) Financial planning and risk
- b) Human resources
- c) Strategy execution
- d) Marketing budgets only
The COO focuses on:
- a) Financial audits
- b) Operations and logistics
- c) Advertising
- d) Scientific research
CHRO is most likely to:
- a) Manage branding
- b) Oversee talent and organizational culture
- c) Handle government relations
- d) Set pricing
CSO (Scientific) would lead:
- a) Social media campaigns
- b) Research and development
- c) Product launches only
- d) HR training
Globalization involves:
- a) Reducing international ties
- b) Integration of global markets
- c) Local expansion only
- d) Government restrictions
A common effect of globalization is:
- a) Local isolation
- b) Cultural exchange and trade expansion
- c) Uniform regulation
- d) Job losses only
Which of these best shows globalization?
- a) Using Uber in multiple countries
- b) Eating only regional food
- c) Wearing traditional attire
- d) Speaking only your native language
Which firm is known for cultural adaptation?
- a) TCS
- b) McDonald’s
- c) Infosys
- d) Oracle
Global firms impact you by:
- a) Staying confined to one market
- b) Offering global services and innovations
- c) Avoiding local needs
- d) Limiting variety
IB Strategy helps with:
- a) Avoiding global markets
- b) Accessing new customer bases
- c) Reducing company size
- d) Cutting product lines
One competitive advantage of IB is:
- a) Limited reach
- b) Economies of scale
- c) Less competition
- d) Hiring fewer people
Which is an example of risk diversification?
- a) Launching in one country
- b) Spreading business across multiple geographies
- c) Avoiding international laws
- d) Copying local brands
One risk of globalization:
- a) Local employment
- b) Political instability and regulation
- c) Lower profits
- d) No customer base
Local responsiveness refers to:
- a) Ignoring local customs
- b) Adapting products for each market
- c) Keeping standard products
- d) Blocking customer feedback
Early international trade in India included:
- a) Software exports
- b) Automobile trade
- c) Spice trade and textiles
- d) Internet services
Which centuries saw rise of global firms like the East India Company?
- a) 1700–1800
- b) 1500–1600
- c) 1900–2000
- d) After 2000
A famous early global firm:
- a) British East India Company
- b) Amazon
- c) Uber
- d) TCS
Which is not a reason for historical IB expansion?
- a) New markets
- b) Social media presence
- c) Access to raw materials
- d) Colonization
What helped ancient firms expand globally?
- a) Maritime trade routes
- b) Social media
- c) Franchise models
- d) Venture capital
TCS earns only ~7.5% of its revenue from:
- a) USA
- b) Europe
- c) India
- d) Australia
TCS has a presence in how many countries?
- a) 10
- b) 55
- c) 30
- d) 75
One strength of TCS’s global model:
- a) Only Indian clients
- b) Offshoring and delivery efficiency
- c) Ignoring regulation
- d) Local-only staff
TCS is an example of:
- a) Pure domestic play
- b) Global delivery model
- c) Small firm
- d) Manufacturing
Which challenge does TCS face globally?
- a) Local visibility
- b) Regulatory and political factors
- c) No competition
- d) No adaptation
McDonald’s earns 40% of its revenue from:
- a) China
- b) USA
- c) India
- d) Japan
McDonald’s operates in:
- a) 50 countries
- b) 90 countries
- c) 120 countries
- d) 30 countries
A key global strategy of McDonald's:
- a) Standardized taste everywhere
- b) Local taste adaptations
- c) Vegan-only menu
- d) No change
McDonald’s supply chain is:
- a) Domestic-only
- b) In-house only
- c) Globally managed
- d) Digital only
A cultural integration example at McDonald’s:
- a) Offering only American burgers
- b) Serving McAloo Tikki in India
- c) No vegetarian options
- d) One menu globally
Uber’s business model is:
- a) Factory-based
- b) Scalable and digital
- c) Unscalable
- d) Local-only
Uber has a presence in how many countries?
- a) 40
- b) 55
- c) 100
- d) 70
Uber’s early internationalization helped it:
- a) Fail in markets
- b) Expand quickly
- c) Get regulated heavily
- d) Stay local
A localization strategy used by Uber:
- a) Local payment integration
- b) Ignoring transport laws
- c) Same rules globally
- d) No driver support
One challenge for Uber globally:
- a) Digital payments
- b) Regulatory adaptations
- c) Lack of drivers
- d) No customer base
You are planning to launch a product in three countries with different cultures. What is your best approach?
- a) Use the same product and campaign
- b) Use only one language
- c) Localize based on each country’s preferences
- d) Avoid advertising
A strategy to keep costs low across countries is called:
- a) Differentiation
- b) Cost leadership
- c) Focus strategy
- d) Price inflation
A firm wants to create premium products globally. Which strategy are they using?
- a) Cost reduction
- b) Differentiation
- c) Downsizing
- d) Budget focus
If a company opens a call center in India to save costs, what model are they using?
- a) Licensing
- b) Franchise
- c) Offshoring
- d) Joint venture
A car company customizes models for Asia and Europe. What strategy is it following?
- a) Global integration
- b) Local responsiveness
- c) Cost efficiency
- d) Standardization
SWOT stands for:
- a) Strategy, Wealth, Opportunity, Targets
- b) Strengths, Weaknesses, Opportunities, Threats
- c) Structure, Will, Operations, Targets
- d) Systems, Ways, Orders, Tests
Which framework helps assess external market forces?
- a) SWOT
- b) Value Chain
- c) Porter’s Five Forces
- d) VRIO
Which one focuses on firm’s internal resources?
- a) PESTEL
- b) Blue Ocean Strategy
- c) VRIO Framework
- d) GE Matrix
What is a Blue Ocean Strategy?
- a) Competing in crowded markets
- b) Creating new, uncontested market space
- c) Price war tactics
- d) Cost cutting in red markets
Porter's Five Forces includes all except:
- a) Buyer power
- b) Threat of substitutes
- c) Supplier power
- d) Internal HR strength
A transnational strategy balances:
- a) Cost only
- b) Local-only operations
- c) Global integration and local responsiveness
- d) Pure competition
Standardization strategy involves:
- a) Local products for each region
- b) Same product across markets
- c) Cultural segmentation
- d) Mass layoffs
A firm entering a new market via partnership is using:
- a) Export model
- b) Joint venture
- c) Franchising
- d) Licensing
Franchising works best when:
- a) Products change frequently
- b) Brand is consistent and replicable
- c) Services are niche
- d) There’s no training
A company exporting goods without a local office is using:
- a) Joint venture
- b) Acquisition
- c) Direct export model
- d) Franchising
Which company exemplifies scalable digital global operations?
- a) Hindustan Unilever
- b) Uber
- c) SBI
- d) Tata Steel
A key reason McDonald’s succeeds globally is:
- a) Ignoring local culture
- b) Adapting to local tastes
- c) Standard meals globally
- d) Expensive menus
Uber’s local payment adaptation reflects:
- a) Local responsiveness
- b) Global pricing
- c) App standardization
- d) Policy evasion
Which firm uses offshoring to lower delivery costs?
- a) Uber
- b) McDonald’s
- c) TCS
- d) Infosys
Global strategy often fails due to:
- a) Low costs
- b) Poor cultural understanding
- c) Over-communication
- d) Too many resources
Which factor makes IB strategy harder than domestic strategy?
- a) Fewer markets
- b) Cultural, legal, and economic variations
- c) Fewer competitors
- d) Lower costs
A firm should invest in market research before global entry to:
- a) Copy competitors
- b) Understand consumer preferences and risks
- c) Avoid customer data
- d) Reduce innovation
Why should firms not apply one strategy everywhere?
- a) Different markets require different solutions
- b) It saves time
- c) Uniformity builds profit
- d) Strategy is irrelevant globally
Early entry into foreign markets can:
- a) Increase costs
- b) Create brand loyalty and advantage
- c) Delay business
- d) Lead to failure always
Strategy helps simplify complexity by:
- a) Ignoring decisions
- b) Avoiding risk
- c) Offering structured decision-making frameworks
- d) Removing innovation
TCS earns most of its revenue from:
- a) India
- b) Global clients
- c) Government tenders
- d) Startups
TCS’s delivery model allows it to:
- a) Work only in India
- b) Serve clients globally from cost-efficient centers
- c) Avoid local rules
- d) Ignore client needs
- a) Experiment
- b) Religious disregard
- c) Local cultural preferences
- d) It’s cheaper
McDonald’s adapts its offerings because:
- a) It’s a regulation
- b) It avoids cost
- c) Customers have different food expectations globally
- d) To promote American food
Uber’s regulatory challenges globally show that:
- a) Expansion is easy
- b) One size fits all
- c) Laws differ by country
- d) Uber is exempt
One key reason to expand globally is:
- a) Shrinking revenue
- b) High costs
- c) Market saturation at home
- d) Legal restrictions
Cultural training is important in IB to:
- a) Cut costs
- b) Delay expansion
- c) Improve global team communication
- d) Make travel easier
Firms use innovation globally to:
- a) Hide costs
- b) Stand out and create value
- c) Avoid customers
- d) Stick to old methods
“Think global, act local” means:
- a) Be nationalistic
- b) Combine global strategy with local execution
- c) Centralize all decisions
- d) Ignore feedback
What does strategic flexibility mean?
- a) One rigid plan
- b) Ability to adapt to changes
- c) No planning
- d) Constant rebranding
🧠Key Points to Remember (Revision Quick List)
- Strategy = Long-term planning for success
- Strategy is long-term planning involving resource allocation and goal achievement.
- IB = Global operations + local adaptations
- IB Strategy adapts operations to cross-border markets, dealing with culture, law, and competition.
- Key roles: CEO (Vision), CFO (Finance), CMO (Marketing), CHRO (People), CSO (R&D), COO (Ops)
- Frameworks: SWOT, Porter’s 5 Forces, VRIO, PESTEL
- Strategic balance = Global efficiency + local responsiveness
- IB brings growth, risk diversification, and competitive advantage
- Globalization affects everyone—from what we eat (McDonald’s) to how we travel (Uber).
- Global firms like TCS and McDonald’s succeed by balancing global reach with local responsiveness.
- Globalization = Cultural integration + market expansion
- Global firms: TCS (offshoring), McDonald’s (local taste), Uber (scalable + adaptive)
- Strategy in life and business includes problem-solving, frameworks, communication, and perspective sharing.
- Knowing what C-Suite executives (CEO, CFO, COO, etc.) do helps understand strategy from leadership view.
- Global trade forms nearly 30% of global GDP, emphasizing the importance of international strategy.
