Practice Expansion of Markets - 4.5.1.1 | Chapter 4: Globalisation and Recent Trends in Business | ICSE Class 12 Business Studies
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4.5.1.1 - Expansion of Markets

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is globalisation?

πŸ’‘ Hint: Think about how businesses work across borders.

Question 2

Easy

Give one example of a multinational corporation.

πŸ’‘ Hint: Think of well-known global brands.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does market expansion allow companies to do?

  • Increase product prices
  • Access international customers
  • Reduce production costs

πŸ’‘ Hint: Think about who buys the products.

Question 2

True or False: Cultural exchange reduces the diversity of local cultures.

  • True
  • False

πŸ’‘ Hint: Consider what happens when global brands spread.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how globalisation has influenced local economic patterns in your region, discussing both positive and negative aspects.

πŸ’‘ Hint: Think about specific local businesses and global brands.

Question 2

Propose strategies local businesses can adopt to survive and thrive in a globalised market. Consider how they could differentiate themselves.

πŸ’‘ Hint: Consider what makes local products special.

Challenge and get performance evaluation