Category: COMMERCE MCQs

Partnering Licensing Franchising Contract manufacturing Answer 3. Franchising Explanation Franchising is a form of marketing and distribution in which the owner of a business system (the franchisor) grants to an individual or group of individuals (the franchisee) the right to run a business selling a product or providing a service using the franchisor’s business system. Franchisees are also given permission Read More …

To deal with only trade To deal with trade and development To deal with trade, investment and development of developing countries To deal with trade, investment and development of least developed countries Answer 3. To deal with trade, investment and development of developing countries. Explanation The main goals of UNCTAD are to expand the capabilities of developing countries in the Read More …

Bay of Bengal Initiative for multi-sectoral technical and economic co-operation. Bay of Bengal Initiative formulti-sectoral trade and economic co-operation. Bangladesh Initiative for multisectoral trade and economic co-operation Bangladesh Institute for multisectoral trade and economic co-operation Answer 1. Bay of Bengal Initiative for multi-sectoral technical and economic co-operation. Explanation The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Read More …

FDI into fresh production facilities is known as Greenfield investment Brownfield investment Horizontal investment Vertical investment Answer Greenfield investment Explanation FDI into fresh production facilities is known as Greenfield investment. FDI into existing production facilities is known as Brownfield investment. Horizontal foreign direct investment refers to the overseas manufacturing of products and services similar to those the company produces and Read More …