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QUESTION BANK

COURSE: BA, LL.B-IV SEM


Paper code: BA; LL.B 425
SUBJECT: INTERNATIONAL BUSINESS ENVIRONMENT
Section-A
Write very short note on the following in about 30-50 words
(2 marks each)
1. Define Business
2. Business environment
3. Objectives of business
4. Social responsibility
5. Corporate image
6. Business ethics
7. Define international business
8. Features of international business
9. Ethnocentric approach
10. Polycentric approach
11. Region centric approach
12. Geo centric approach
13. Define internal business environment
14. Define external business environment
15. Micro/Operating Environment
16. Macro/General Environment
17. Suppliers
18. Customers
19. Market Intermediaries
20. Competitors
21. Public
22. Economic Environment
23. Non-Economic Environment
24. Political Environment
25. Socio-Cultural Environment
26. Technological Environment
27. Natural Environment
28. Demographic Environment
29. International Environment
30. Define Balance of payment
31. Define balance of trade
32. Tariffs
33. Quotas
34. Export Promotion
35. Import Substitution
36. Scale of operations
37. Economies of scale
38. Internal diseconomies of scale
39. kinds of internal Economies of Scale
40. External economies of scale

41. Diseconomies of scale


42. Corporate social responsibility
43. Mergers
44. Acquisitions
45. Organic growth or internal growth
46. In- organic growth of external growth
47. Horizontal merger
48. Vertical merger
49. Conglomerate merger
50. Spin-Offs
51. 'Strategic Alliance'
52. Copycats
53. Piggy backers
54. Leapfrogs
55. The call Money Market
56. 182 days treasury bills
57. 91 days treasury bills
58. Unfair Trade Practices
59. Economic downturn
60. E-commerce
61. Dichotomic Structure of Money market
62. WTO
63. IMF
64. GATT
65. UNCTAD
66. TRIMS
67. Liberalization
68. Privatization
69. Globalization
70. Sustainable development

Section- B
Write short answers in about 100 words.
(5 Marks each)
1. Characteristics of business environment
2. Assumptions of Heckscher Ohlin's Theory
3. According to modern theory what is the basis for international trade?
4. Price Criterion of Factor Abundance or scarcity:
5. Physical criterion of factor Abundance or scarcity
6. Factor Price Equalization
7. Limitations of H-O Theory
8. Comparison b/w classical theory & modern theory of international trade
9. Mercantilism
10. Absolute Advantage
11. Comparative Advantage
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12. Heckscher-Ohlin Theory


13. Product Life Cycle Theory
14. Why people go for international business?
15. Why countries engage in trade?
16. Classical theory of international trade
17. Assumptions of classical theory of international trade
18. Limitations of classical theory of international trade
19. Ethnocentric approach
20. Polycentric approach
21. Region centric approach
22. Geo centric approach
23. Framework of business environment
24. Differentiate balance of payment and balance of trade
25. Components of balance of payments
26. Explain the disequilibrium in balance of payment.
27. Define business ethics
28. Deflation
29. Exchange Depreciation
30. Devaluation
31. Define Quota. What are the various types of quota?
32. Define tariffs. What are the drawbacks of tariffs?
33. Drawbacks of import substitution
34. Business Function
35. producing
36. selling
37. Cost Based Pricing
38. Pricing Based on Firms Objective
39. Competition Based Pricing
40. Product Life Cycle Pricing
41. Cyclical Pricing
42. Multiproduct Pricing
43. Administered Pricing
44. Ramsay pricing
45. Skimming Policy
46. Perceived Value pricing
47. Loss Leader Pricing
48. Transfer Pricing
49. Conflict between public utility approach and rate of return approach
50. What is meant by economic growth?
51. Explain the difference between horizontal and vertical growth.
52. Industry and Firm
53. Market economy
54. Planned economy
55. Localization of industry
56. Causes of localization
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57. Advantage of localization


58. Market Economy
59. Planned Economy
60. Forms of mergers or amalgamations.
61. Acquisitions and Takeovers
62. Joint Ventures
63. Outsourcing
64. Franchising
65. Rationalization
66. Sustainable development
67. social entrepreneurship
68. Technology transfer
69. business cycle
70. Features of business cycle.
71. Market Economy
72. Features of Indian Money Market
73. Securities Exchange Board of India Act of 1992 (SEBI Act)
74. SEBI (Amendments) Act of 2001
75. The MRTP Act, 1969
76. Public Private Partenership
77. Bankruptcy
78. Trade related Investments
79. Economic concerns in International Trade
80. Global integration of economy

Section-C
Write essay type answer in about 300-500 words.

(10 Marks each)

1. Define international Business. Explain various types of international business. Explain


the factors affecting international Business.
2. Explain the various types of Business Environment.
Or
Differentiate Micro and Macro business Environment
3. Differentiate Economic and Non Economic Business environment
4. Explain the various approaches of international business
5. Explain the classical theory of international business.
6. Explain the Modern theory of international business.
7. Explain the causes of disequilibrium in balance of payments. What are causes for
disequilibrium in balance of payments? Explain the various to correct the disequilibrium
in balance of payments.
8. Explain the Various types of Cost and Price policies of a Firm.
9. Explain the various Types of Pricing.
4

10. Define Localization. Explain the Causes and Advantage of localization.


11. Explain the Economies and diseconomies of scale.
12. Why to regulate mergers & acquisitions. Explain the various Regulations for Mergers &
Acquisitions
13.

Define Strategic Alliances. Explain the types of Strategic Alliances.

14. Explain the various Factors affecting S.A. Explain its advantages and disadvantages
15. Explain the role of invention and innovation in industrial development.
16. Explain the various policies for technology transfer adopted by India.
17. Define the term business cycle. What are the causes of business cycles?
18. Define the term business cycle. Explain the short and long term policies in various stages
of the business cycle.
19. Explain in detail about the Indian Money Market.
20. Explain in detail about the Indian Capital Market.
21. Explain the Recent Reforms in Indian Money Market.
22. Explain the Capital Market Regulations adopted by SEBI.
23. Explain the role of government in economic downturn.
24. Explain the various Policies to regulate Monopoly and Unfair Trade Practices.
25. Why is PPP economically a good alternative in infrastructure Building?
26. Explain the tax management in ecommerce
27. Explain the corporate responsibility of business towards different sections of the society.

Section-D
Solve the following illustrations.
(10 Marks each)
1. Discuss the type of tax system in India. What are the various tax slabs announced in
the Union budget 2013? Comment on the recent tax announcements made by the
governmnment.
2. Finance, we are told, is not the problem; the problem is a lack of trust between the
private sector and governments. Less talk, more action on PPP needed. Discuss the
statement with respect to Public private partnership in India.
3. Define Strategic Alliance, Mergers and Acquisition in International business. State
the terms with the help of examples on each.
4. Innovation is growing in the every economy signicantly. However, there is need
for further effort along a range of parameters in order to fully realize Innovation
potential. The spread and impact of Innovation depends on several factors which
must relate to each other in order to achieve optimal results.
Explain the factors affecting spread and impact of innovation.
5. Define the term technological environment. What is the status of technology in
India?
6. Is Indias Balance of payments balanced or unbalanced? Give reasons to support
your answer and also discuss causes behind the type of balance of payments in
India.
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7. Define Business function. Discuss the Business function Chart in detail.


8. Indian Government appointed a committee under the chairmanship of Sukhamoy
Chakravarty in 1984 to review the Indian monetary system. Later, Narayanan
Vaghul working group and Narasimham Committee was also set up. As per the
recommendations of these study groups and with the financial sector reforms
initiated in the early 1990s.
Discuss the Recent Reforms in Indian Money Market.
9. On 26 January1995, the government promulgated an ordinance amending the
SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956.
Explain the main features of the amendment to the Securities Contract (Regulation)
Act, 1956,
10. Define the MRTP Act, 1969. The MRTP Act extends to the whole of India except
Jammu and Kashmir. Point out the seven cases where unless the Central
Government otherwise directs, this act shall not apply to.

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