Practice Threat to Local Industries - 4.5.2.1 | Chapter 4: Globalisation and Recent Trends in Business | ICSE Class 12 Business Studies
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4.5.2.1 - Threat to Local Industries

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What does globalisation mean in simple terms?

πŸ’‘ Hint: Think about how products are traded internationally.

Question 2

Easy

Name one advantage that MNCs have over local businesses.

πŸ’‘ Hint: Consider the funding and capital aspect.

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 is one major threat to local industries due to globalisation?

  • Increased local employment
  • Competition from MNCs
  • Higher prices for consumers

πŸ’‘ Hint: Consider why local businesses struggle.

Question 2

True or False: Cultural erosion is a positive outcome of globalisation.

  • True
  • False

πŸ’‘ Hint: Think about what cultural erosion implies.

Solve and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

Evaluate how the decline of local industries can lead to broader economic crises in a region.

πŸ’‘ Hint: Consider the cascading effects of economic downturns.

Question 2

Create a proposal for a local government initiative that aims to boost local businesses against global competition.

πŸ’‘ Hint: Think about how to leverage community resources.

Challenge and get performance evaluation