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HK’s Business Environment & PESTLE Model
  • Jessie Po

  • 問題数 22 • 10/12/2023

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    問題一覧

  • 1

    Which of the following is/are feature(s) of Hong Kong’s economy? (1) Most businesses in Hong Kong are small and medium enterprises. (2) Hong Kong is a net exporter of raw materials. (3) Hong Kong dose not maintain trade barriers on imports.

    (1) and (3) only

  • 2

    Which of the following are the benefits brought about by globalisation to Hong Kong businesses? (1) More sources of capital (2) Introduction of new technology (3) Lower production cost

    (1), (2) and (3)

  • 3

    Which of the following descriptions about the Hong Kong economy is/are correct? (1) A sales tax is impose on the retailing of goods (2) Most of the working population are in the tertiary sector (3) The main destination of exported goods is the Mainland

    (2) and (3) only

  • 4

    Which of the following statements about the World Trade Organisation are correct? (1) It settles trade disputes among members. (2) It provides forums for trade negotiations among members. (3) It provides financial assistance to developing countries for trade development.

    (1) and (2) only

  • 5

    Which of the following statements about the Hong Kong economy is not correct?

    Most businesses in Hong Kong are multinational corporations.

  • 6

    Which of the following statements about Asia-Pacific Economic Cooperation is/are correct? (1) It settles trade disputes in the Asia-Pacific region. (2) It promotes sustainable economic growth in the Asia-Pacific region. (3) It encourages cooperation on trade and investment in the Asia-Pacific region through high-level government-to-government dialogues.

    (2) and (3) only

  • 7

    Which of the following statements about the trade relationship between Hong Kong and the Mainland are correct? (1) Hong Kong is the largest trading partner of the Mainland. (2) In terms of the value of goods, the Mainland is the largest re-export destination of Hong Kong. (3) Many goods originating in Hong Kong exported to the Mainland are tariff-free.

    (2) and (3) only

  • 8

    Which of the following is/are physical factor(s) that might affect business in Hong Kong? (1) Climate condition (2) Air quality (3) Population structure

    (1) and (2) only

  • 9

    Which of the following is a benefit brought about by the "Closer Economic Partnership Arrangement"(CEPA) for the businesses in Hong Kong?

    Tariffs are not levied on goods originating in Hong Kong exported to the Mainland.

  • 10

    Which of the following are the characteristics of the Hong Kong economy? (1) Simple taxation (2) Reliance on external trade (3) Concentration on secondary industry

    (1) and (2) only

  • 11

    Which of the following statements regarding World Trade Organization(WTO) are correct? (1) WTO settles trade disputes among members. (2) Decisions made by WTO are binding on all members. (3) WTO helps developing countries develop infrastructure needed to expand their trade

    (1), (2) and (3)

  • 12

    Which of the followings are the impacts of globalisation on business? (1) Reduce information cost (2) Reduce competition among business (3) Facilitate transfer of technology between different countries

    (1) and (3) only

  • 13

    Which of the following is/are the example(s) of economic factors that might affect the business of a jewellery shop in Hong Kong? (1) There is an increase in the income and consumption power of mainland tourists. (2) The mainland government allows residents of more cities to come to Hong Kong for individual visits. (3) The cross-border transport facilities are improved.

    (1) only

  • 14

    Which of the following statements about Asia-Pacific Economic Cooperation is correct?

    It supports sustainable economic growth in the Asia-Pacific region.

  • 15

    Which of the following is not a function of World Trade Organisation?

    provide loans and subsidies to developing countries for trade development

  • 16

    Which of the following would encourage a multi-national trading company to move its headquarters to Hong Kong? (1) larger number of multi-national companies than small and medium enterprises in Hong Kong (2) good transportations network between Hong Kong and other Asian cities (3) lower profits tax rate in Hong Kong

    (2) and (3) only

  • 17

    Which of the following statements are correct? (1) Hong Kong is an offshore Renminbi Business Centre of Mainland China. (2) The main origin and destination of Hong Kong’s re-exports of goods are Mainland China. (3) “Closer Economic Partnership Arrangement” (CEPA) aims at raising capital in Hong Kong for Mainland enterprises.

    (1) and (2) only

  • 18

    Which of the following are the impacts of globalisation on the business sector? (1) increased international trade (2) reduced production cost of goods (3) intensified global competition

    (1), (2) and (3)

  • 19

    Which of the following is not a purpose of the Closer Economic Partnership Arrangement (CEPA)?

    ensure free flow of information between Hong Kong and the Mainland

  • 20

    Mike wants to set up a yogurt shop in Mongkok. Which of the following factors is he considering if he conducts a survey on the tastes and preferences of his target customers?

    social and cultural factors

  • 21

    Which of the following are the common arguments for globalisation? (1) It promotes free trade (2) it facilitates specialisation (3) It fulfills world responsibility and solves poverty problems (4) It enables people to enjoy a wider variety of goods and services

    (1), (2) and (4) only

  • 22

    Refer to the following case for Questions 9: The board of directors of NSS Limited held a meeting to consider the acquisition of a boutique in Singapore as a way to expand its garment business internationally. Anna, the finance director, provided a series of financial analyses. However, the marketing director could not understand the information and asked, 'Why don't you simply give us the conclusion: Acquire or not to acquire?' Which of the following non-financial factors would also be relevant to the acquisition decision? (1) Political stability (2) Market size and potential (3) Cultural difference of target customers (4) Communication and transportation infrastructure

    (1), (2), (3) and (4)