Liberalisation has resulted in ____________ of foreign business organization.

easy exit

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easy entry

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difficult entry

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none of the above

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Solution

The correct option is B easy entry
Liberalization has resulted in easy entry of foreign business organization. Liberalization refers to the process of eliminating unnecessary controls and restrictions on the smooth functioning of business enterprise.

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Similar questions

A company X Ltd. manufacturing cosmetics, which has enjoyed a pre-eminent position in a business, has grown in size. Its business was very good till 1991. But after that, a new liberalised environment has seen an entry of many MNC's in the sector.

With the result, the market share of X Ltd. has declined. The company had followed a very centralised business model with directors and divisional heads making even minor decisions. Before 1991, this business model had sewed the company very well as consumers have no choice. But now, the company is under pressure to reform.

How will the changes suggested by you help the firm? (Keep in mind that the sector in which the company is FMCG).

What organisation structure changes should the company bring about in order to retain its market share?

Q. Assertion (A): During liberalisation, exports of textiles, home furnishings, and leather products to foreign markets increased significantly.

Reason (R): During liberalisation, the government gradually removed the restrictions on foreign trade and welcomed private investments.

Q. State the changes that were brought as a result of liberalisation.

Q. When is a business said to be using a single entry system?

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Liberalisation has resulted in ____________ of foreign business organization.

The correct option is B easy entryLiberalization has resulted in easy entry of foreign business organization. Liberalization refers to the process of eliminating unnecessary controls and restrictions on the smooth functioning of business enterprise.

The correct option is B easy entry
Liberalization has resulted in easy entry of foreign business organization. Liberalization refers to the process of eliminating unnecessary controls and restrictions on the smooth functioning of business enterprise.