Question 1

A multinational company is a corporation that...

Accepted Answer

...has significant operations in more than one country.

Answer

...has significant sales in more than one country.

Answer

...has no operations in more than one country.

Answer

...has significant operations in  one country.

Question 2

Multinationals are also known as

Accepted Answer

transnationals

Answer

mononationals

Answer

polynationals

Answer

transfats

Question 3

Many multinationals have turnover comparable to

Accepted Answer

mid-sized countries

Answer

China

Answer

America

Answer

sole traders

Question 4

Multinationals benefit from globalisation by

Accepted Answer

having access to other markets

Answer

having more departments to manage

Answer

having to operate in multiple languages

Question 5

Multinationals benefit from globalisation by

Accepted Answer

relocating production to minimise costs

Answer

needing more management

Answer

working with other governments

Question 6

Which one of the following could be defined as a multinational company?

Accepted Answer

A firm owning a chain of supermarkets in more than one country

Answer

An e-commerce business that sells its products to customers all over the world

Answer

A finance company transferring its HQ and all its activities from the UK to the US

Answer

A UK-based internal package holiday firm specialising in selling tours to Turkey

Question 7

Which one of the following is NOT a key feature of globalisation?

Accepted Answer

World population is increasing a phenomenal rates

Answer

Multinational companies keep expanding the scale of their operations

Answer

More and more people are migrating to other countries

Answer

World trade is increasing at phenomenal rates

Question 8

Which matches the definition: money given to businesses to encourage production

Accepted Answer

subsidy

Answer

wages

Answer

tax

Answer

capital

Question 9

What equals revenue minus costs?

Accepted Answer

profit

Answer

aid

Answer

tax

Answer

income

Question 10

What is money borrowed from banks called?

Accepted Answer

a loan

Answer

tax

Answer

a loaf

Answer

income

Question 11

Money that has to be paid to the government

Accepted Answer

tax

Answer

revenue

Answer

income

Answer

subsidy

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