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Executive Post Graduate Diploma in Management Subject: Global Dimensions of Management & International Business Sample

Executive Post Graduate Diploma in Management

Subject: Global Dimensions of Management & International Business

Sample Question paper (Reference only)

Level 1: Objective Type (2 marks each)

1. Globalisation is:-

Shift of trade towards integrated independent economyLevel 1: Objective Type (2 marks each) 1. Globalisation is:- a. Shift away from local economy

a.

Shift away from local economyShift of trade towards integrated independent economy a. b. World business activity c. Global trading d.

b.

World business activityindependent economy a. Shift away from local economy b. c. Global trading d. 2. Main reasons

c.

Global tradingShift away from local economy b. World business activity c. d. 2. Main reasons for globalisation:-

d.

2. Main reasons for globalisation:-

To achieve scale of economyc. Global trading d. 2. Main reasons for globalisation:- a. To reduce the cost of operation

a.

To reduce the cost of operationreasons for globalisation:- To achieve scale of economy a. b. To take advantage of competencies c.

b.

To take advantage of competenciesscale of economy a. To reduce the cost of operation b. c. To achieve global scale

c.

To achieve global scale of businesscost of operation b. To take advantage of competencies c. d. 3. Main drivers of globalisation:-

d.

3. Main drivers of globalisation:-

Political policies of the groupsscale of business d. 3. Main drivers of globalisation:- a. Need for economic development b. Reduced

a.

Need for economic developmentof globalisation:- Political policies of the groups a. b. Reduced barriers & development of technology c.

b.

Reduced barriers & development of technologypolicies of the groups a. Need for economic development b. c. Development of scientific innovations d.

c.

Development of scientific innovationsb. Reduced barriers & development of technology c. d. 4. Globalisation is taking place predominantly in:-

d.

4. Globalisation is taking place predominantly in:-

Service marketsd. 4. Globalisation is taking place predominantly in:- a. Industrial markets b. Consumer markets c. Technology

a.

Industrial marketsd. 4. Globalisation is taking place predominantly in:- Service markets a. b. Consumer markets c. Technology

b.

Consumer marketsd. 4. Globalisation is taking place predominantly in:- Service markets a. Industrial markets b. c. Technology

c.

Technology marketsd. 4. Globalisation is taking place predominantly in:- Service markets a. Industrial markets b. Consumer markets

d.

5.

Global brands are produced in:-

One country5. Global brands are produced in:- a. b. One region Different countries c. None of the

5. Global brands are produced in:- One country a. b. One region Different countries c. None

a.

b. One region

Different countriesbrands are produced in:- One country a. b. One region c. None of the above d.

c.

None of the abovein:- One country a. b. One region Different countries c. d. 6. The legal & institutional

d.

6. The legal & institutional framework to oversee international business:-

institutional framework to oversee international business:- a. b. c. d. WTO IMF GATT UN 7. The

institutional framework to oversee international business:- a. b. c. d. WTO IMF GATT UN 7. The

institutional framework to oversee international business:- a. b. c. d. WTO IMF GATT UN 7. The

institutional framework to oversee international business:- a. b. c. d. WTO IMF GATT UN 7. The

a.

b.

c.

d.

WTO

IMF

GATT

UN

7. The main purpose for creating United Nation is:-

To protect only the developed country's interestGATT UN 7. The main purpose for creating United Nation is:- a. To protect the world

a.

To protect the world against natural calamitiesis:- To protect only the developed country's interest a. b. To help world trading system c.

b.

To help world trading systema. To protect the world against natural calamities b. c. To preserve peace through international co-operation

c.

To preserve peace through international co-operationnatural calamities b. To help world trading system c. d. 8. Average tariff levels of developed

d.

8. Average tariff levels of developed countries during 1950's were in the range of:-

developed countries during 1950's were in the range of:- a. 8-15% b. 14-20% c. d. 10-15%

developed countries during 1950's were in the range of:- a. 8-15% b. 14-20% c. d. 10-15%

developed countries during 1950's were in the range of:- a. 8-15% b. 14-20% c. d. 10-15%

developed countries during 1950's were in the range of:- a. 8-15% b. 14-20% c. d. 10-15%

a.

8-15%

b. 14-20%

c.

d.

10-15%

4-6%

9. Average tariff of developed countries during 2000's was:-

tariff of developed countries during 2000's was:- a. 3.9% b. c. d. 4% <3% 5% 10.

tariff of developed countries during 2000's was:- a. 3.9% b. c. d. 4% <3% 5% 10.

tariff of developed countries during 2000's was:- a. 3.9% b. c. d. 4% <3% 5% 10.

tariff of developed countries during 2000's was:- a. 3.9% b. c. d. 4% <3% 5% 10.

a. 3.9%

b.

c.

d.

4%

<3%

5%

10. The single most technology innovation aiding globalisation is:-

Pentium mother boardsa. Development of microprocessor b. Computer technology c. None of the above d. 11. Globalisation

a.

Development of microprocessorPentium mother boards a. b. Computer technology c. None of the above d. 11. Globalisation of

b.

Computer technologyPentium mother boards a. Development of microprocessor b. c. None of the above d. 11. Globalisation

c.

None of the abovea. Development of microprocessor b. Computer technology c. d. 11. Globalisation of production means:- Reduced transport

d.

11. Globalisation of production means:-

Reduced transport costNone of the above d. 11. Globalisation of production means:- a. Produce only for global markets

a.

Produce only for global marketsof production means:- Reduced transport cost a. b. Producing in various countries c. Having dispersal of

b.

Producing in various countriesReduced transport cost a. Produce only for global markets b. c. Having dispersal of production in

c.

Having dispersal of production in many locationonly for global markets b. Producing in various countries c. d. 12. Share of the world

d.

12. Share of the world output is shifting from developed countries to developing countries.

Agree totallyshifting from developed countries to developing countries. a. Totally disagree b. Very small shift c. Agree

a.

Totally disagreecountries to developing countries. Agree totally a. b. Very small shift c. Agree to some extent

b.

Very small shiftdeveloping countries. Agree totally a. Totally disagree b. c. Agree to some extent d. 13. The

c.

Agree to some extentAgree totally a. Totally disagree b. Very small shift c. d. 13. The future economy hub

d.

13. The future economy hub will be Asian countries.

Agree to great extentd. 13. The future economy hub will be Asian countries. a. Somewhat agree b. c. Disagree

a.

Somewhat agreehub will be Asian countries. Agree to great extent a. b. c. Disagree Agree completely d.

b.

Asian countries. Agree to great extent a. Somewhat agree b. c. Disagree Agree completely d. 14.

c. Disagree

Agree completelyAgree to great extent a. Somewhat agree b. c. Disagree d. 14. The low labour carries

d.

14. The low labour carries the major reason, why Asian economies are getting investment by MNCs.

reason, why Asian economies are getting investment by MNCs. a. Disagree Labour cost is very high

a. Disagree

Labour cost is very highAsian economies are getting investment by MNCs. a. Disagree b. c. Agree Possibly the only reason

b.

investment by MNCs. a. Disagree Labour cost is very high b. c. Agree Possibly the only

c. Agree

Possibly the only reasonare getting investment by MNCs. a. Disagree Labour cost is very high b. c. Agree d.

d.

15. The FDI inflows were mostly to:-

Developed countriesa. Developing countries b. Major producing countries c. None of the above d. 16. Higher

a.

Developing countriesDeveloped countries a. b. Major producing countries c. None of the above d. 16. Higher nos.

b.

Major producing countriesDeveloped countries a. Developing countries b. c. None of the above d. 16. Higher nos. of

c.

None of the abovea. Developing countries b. Major producing countries c. d. 16. Higher nos. of MNCs originated from:-

d.

16. Higher nos. of MNCs originated from:-

of the above d. 16. Higher nos. of MNCs originated from:- a. USA b. c. d.

of the above d. 16. Higher nos. of MNCs originated from:- a. USA b. c. d.

of the above d. 16. Higher nos. of MNCs originated from:- a. USA b. c. d.

of the above d. 16. Higher nos. of MNCs originated from:- a. USA b. c. d.

a. USA

b.

c.

d.

Germany

Japan

UK

17. The FDI of one country became dominant after 1980s:-

UK 17. The FDI of one country became dominant after 1980s:- a. b. USA Germany c.

UK 17. The FDI of one country became dominant after 1980s:- a. b. USA Germany c.

UK 17. The FDI of one country became dominant after 1980s:- a. b. USA Germany c.

UK 17. The FDI of one country became dominant after 1980s:- a. b. USA Germany c.

a.

b.

USA

Germany

c. Japan

d.

UK

18. The country known for solid engineering:-

Japan d. UK 18. The country known for solid engineering:- a. b. Sweden Finland c. Germany

Japan d. UK 18. The country known for solid engineering:- a. b. Sweden Finland c. Germany

Japan d. UK 18. The country known for solid engineering:- a. b. Sweden Finland c. Germany

Japan d. UK 18. The country known for solid engineering:- a. b. Sweden Finland c. Germany

a.

b.

Sweden

Finland

c. Germany

d.

Japan

19. The major technology innovators in the world:-

d. Japan 19. The major technology innovators in the world:- a. b. c. d. USA UK

d. Japan 19. The major technology innovators in the world:- a. b. c. d. USA UK

d. Japan 19. The major technology innovators in the world:- a. b. c. d. USA UK

d. Japan 19. The major technology innovators in the world:- a. b. c. d. USA UK

a.

b.

c.

d.

USA

UK

Germany

Japan

20. Globalisation is driving the world towards greater prosperity and growth.

Completely disagreea. Agree to some extent b. Neither agree nor disagree c. Completely agree d. 21.

a.

Agree to some extentCompletely disagree a. b. Neither agree nor disagree c. Completely agree d. 21. Increased international trade

b.

Neither agree nor disagreeCompletely disagree a. Agree to some extent b. c. Completely agree d. 21. Increased international trade

c.

Completely agreea. Agree to some extent b. Neither agree nor disagree c. d. 21. Increased international trade

d.

21. Increased international trade & investment will result in lower prices for consumers.

Will result in globalisation& investment will result in lower prices for consumers. a. b. Disagree Completely agree c. Agree

in lower prices for consumers. Will result in globalisation a. b. Disagree Completely agree c. Agree

a.

b. Disagree

Completely agreefor consumers. Will result in globalisation a. b. Disagree c. Agree to some extent d. 22.

c.

Agree to some extentresult in globalisation a. b. Disagree Completely agree c. d. 22. Globalisation will stimulate economic growth.

d.

22. Globalisation will stimulate economic growth.

Completely agreeextent d. 22. Globalisation will stimulate economic growth. a. Agree to some extent b. c. Disagree

a.

Agree to some extentwill stimulate economic growth. Completely agree a. b. c. Disagree Liberalization will stimulate economic

economic growth. Completely agree a. Agree to some extent b. c. Disagree Liberalization will stimulate economic

b.

c. Disagree

Liberalization will stimulate economic growthCompletely agree a. Agree to some extent b. c. Disagree d. 23. Globalization is blamed for

d.

23. Globalization is blamed for job losses in developed countries.

Completely agreeis blamed for job losses in developed countries. a. b. Disagree Agreed to some extent c.

for job losses in developed countries. Completely agree a. b. Disagree Agreed to some extent c.

a.

b. Disagree

Agreed to some extentin developed countries. Completely agree a. b. Disagree c. Liberalization is blame for job losses and

c.

Liberalization is blame for job losses and not globalizationCompletely agree a. b. Disagree Agreed to some extent c. d. 24. Inspite of economic prosperity

d.

24. Inspite of economic prosperity of globalisation, we see lot of protests due to:-

Globalisation is only a myth, not a realityprosperity of globalisation, we see lot of protests due to:- a. Loss of sovereignty to nations

a.

Loss of sovereignty to nationsdue to:- Globalisation is only a myth, not a reality a. b. It has increased more

b.

It has increased more poor people than richa myth, not a reality a. Loss of sovereignty to nations b. c. None of the

c.

None of the aboveto nations b. It has increased more poor people than rich c. d. 25. Many people

d.

25. Many people believe that W.T.O is the main promoter of globalisation.

Do not agreea. Agreed to some extent b. Completely agree c. Free trade and not W.T.O d.

a.

Agreed to some extentDo not agree a. b. Completely agree c. Free trade and not W.T.O d. 26. A

b.

Completely agreeDo not agree a. Agreed to some extent b. c. Free trade and not W.T.O d.

c.

Free trade and not W.T.ODo not agree a. Agreed to some extent b. Completely agree c. d. 26. A lot

d.

26. A lot of agreement is being made about globalisation which is nothing but the American cultural

imperialism on other countries.

Agreed to some extentbut the American cultural imperialism on other countries. a. Agreed to little extent b. c. Disagree

a.

Agreed to little extentimperialism on other countries. Agreed to some extent a. b. c. Disagree Completely agree d. 27.

countries. Agreed to some extent a. Agreed to little extent b. c. Disagree Completely agree d.

b.

c. Disagree

Completely agreeto some extent a. Agreed to little extent b. c. Disagree d. 27. Indias economic progress

d.

27. Indias economic progress is due to:-

Completely agree d. 27. Indias economic progress is due to:- a. Capitalism Shift towards market economy

a. Capitalism

Shift towards market economyd. 27. Indias economic progress is due to:- a. Capitalism b. Mixed economy c. None of

b.

Mixed economyis due to:- a. Capitalism Shift towards market economy b. c. None of the above d.

c.

None of the aboveCapitalism Shift towards market economy b. Mixed economy c. d. 28. Indias Major Competitive advantages are:-

d.

28. Indias Major Competitive advantages are:-

Availability of credits & scientific work forcethe above d. 28. Indias Major Competitive advantages are:- a. b. Population Big middle class society

are:- Availability of credits & scientific work force a. b. Population Big middle class society c.

a.

b. Population

Big middle class societyof credits & scientific work force a. b. Population c. Good governments d. 29. Political economy

c.

Good governmentswork force a. b. Population Big middle class society c. d. 29. Political economy of a

d.

29. Political economy of a country influences the economic well being.

Financial and not political economyeconomy of a country influences the economic well being. a. Do not agree b. Completely agree

a.

Do not agreeeconomic well being. Financial and not political economy a. b. Completely agree c. Agreed to some

b.

Completely agreeFinancial and not political economy a. Do not agree b. c. Agreed to some extent d.

c.

Agreed to some extentnot political economy a. Do not agree b. Completely agree c. d. 30. Individual societies have

d.

30. Individual societies have economically progressed because:-

Political system committed to free market economya. Political freedom b. Political system c. None of the above d. 31. Collectivism has

a.

Political freedomPolitical system committed to free market economy a. b. Political system c. None of the above

b.

Political systemcommitted to free market economy a. Political freedom b. c. None of the above d. 31.

c.

None of the abovemarket economy a. Political freedom b. Political system c. d. 31. Collectivism has failed because of:-

d.

31. Collectivism has failed because of:-

State directed economic systemof the above d. 31. Collectivism has failed because of:- a. Fixed economic system b. Command

a.

Fixed economic systemhas failed because of:- State directed economic system a. b. Command economic system c. None of

b.

Command economic systemState directed economic system a. Fixed economic system b. c. None of the above d. 32.

c.

None of the abovea. Fixed economic system b. Command economic system c. d. 32. In the command economy:- Property

d.

32. In the command economy:-

Property rights are sharedsystem c. None of the above d. 32. In the command economy:- a. Property rights are

a.

Property rights are given to people32. In the command economy:- Property rights are shared a. b. Property rights are not given

b.

Property rights are not given to peoplerights are shared a. Property rights are given to people b. c. None of the above

c.

None of the aboveto people b. Property rights are not given to people c. d. 33. Free market system

d.

33. Free market system gets fostered because of:-

Collectivismabove d. 33. Free market system gets fostered because of:- a. b. c. Capitalism Socialism Individualism

Free market system gets fostered because of:- Collectivism a. b. c. Capitalism Socialism Individualism d. 34.

a.

b.

c.

Capitalism

Socialism

because of:- Collectivism a. b. c. Capitalism Socialism Individualism d. 34. Intellectual property rights are:-

Individualismbecause of:- Collectivism a. b. c. Capitalism Socialism d. 34. Intellectual property rights are:- Protecting only

d.

34. Intellectual property rights are:-

Protecting only scientific innovationIndividualism d. 34. Intellectual property rights are:- a. Protecting only intelligence of people b. Only protecting

a.

Protecting only intelligence of peoplerights are:- Protecting only scientific innovation a. b. Only protecting patent act c. Patent act, copyright

b.

Only protecting patent actinnovation a. Protecting only intelligence of people b. c. Patent act, copyright & trade mark act

c.

Patent act, copyright & trade mark actonly intelligence of people b. Only protecting patent act c. d. 35. Broader concept of economic

d.

35. Broader concept of economic development according to Amartya Sen:-

a. b. c. GNP / PPP G N P G D P d. H D

a. b. c. GNP / PPP G N P G D P d. H D

a. b. c. GNP / PPP G N P G D P d. H D

a. b. c. GNP / PPP G N P G D P d. H D

a.

b.

c.

GNP / PPP

G N P

G D P

d. H D I

36. Economic progress is an effect of:-

N P G D P d. H D I 36. Economic progress is an effect of:-

a. Innovation

EntrepreneurshipH D I 36. Economic progress is an effect of:- a. Innovation b. Right political system

b.

Right political systemis an effect of:- a. Innovation Entrepreneurship b. c. All of the above d. 37. The

c.

All of the abovea. Innovation Entrepreneurship b. Right political system c. d. 37. The nature of economic transformation is:-

d.

37. The nature of economic transformation is:-

the above d. 37. The nature of economic transformation is:- a. Delicensing Removal of barriers b.

a. Delicensing

Removal of barriersThe nature of economic transformation is:- a. Delicensing b. Opening of market for FDI c. Deregulation,

b.

Opening of market for FDItransformation is:- a. Delicensing Removal of barriers b. c. Deregulation, privatization & laws to support market

c.

Deregulation, privatization & laws to support market economyRemoval of barriers b. Opening of market for FDI c. d. 38. Theocratic totalitarianism can be

d.

38. Theocratic totalitarianism can be found dominantly in:-

Middle East countries38. Theocratic totalitarianism can be found dominantly in:- a. Asian countries b. Western countries c. Far

a.

Asian countriescan be found dominantly in:- Middle East countries a. b. Western countries c. Far East countries

b.

Western countriesdominantly in:- Middle East countries a. Asian countries b. c. Far East countries d. 39. A

c.

Far East countriesEast countries a. Asian countries b. Western countries c. d. 39. A document issued to the

d.

39. A document issued to the exporter that the bank will pay a certain sum to him on presentation of the

same, is called:-

Bill of Ladingcertain sum to him on presentation of the same, is called:- a. b. Draft Exporting License

him on presentation of the same, is called:- Bill of Lading a. b. Draft Exporting License

a.

b. Draft

Exporting Licenseof the same, is called:- Bill of Lading a. b. Draft c. Letter of Credit d.

c.

Letter of Creditis called:- Bill of Lading a. b. Draft Exporting License c. d. 40. When parent country

d.

40. When parent country nationals are holding all key positions in a company, it signals

of staffing.

approach

(i) Ethnocentric (ii) Geocentric (iii) Polycentric (iv) Regio-centric Level 2 : Descriptive Type(10 Marks Each)

(i) Ethnocentric

(i) Ethnocentric (ii) Geocentric (iii) Polycentric (iv) Regio-centric Level 2 : Descriptive Type(10 Marks Each) 1.

(ii) Geocentric

(i) Ethnocentric (ii) Geocentric (iii) Polycentric (iv) Regio-centric Level 2 : Descriptive Type(10 Marks Each) 1.

(iii) Polycentric

(i) Ethnocentric (ii) Geocentric (iii) Polycentric (iv) Regio-centric Level 2 : Descriptive Type(10 Marks Each) 1.

(iv) Regio-centric

Level 2 : Descriptive Type(10 Marks Each)

1. How have changes in technology contributed to the globalization of markets and production? Would the globalization of production and markets have been possible without these technological changes?

2. Outline why the culture of a country might influence the costs of doing business in that country. Illustrate your answer with examples.

3. Do you think that business practices in an Islamic country are likely to differ from business practises in the United States, and if so, how?

4. What are the implications for International Business of differences in the dominant religion and/or ethical system of a country?

5. It is unreasonable to expect Western businesses active in developing nations to adhere to the same ethical standards they use at home. Discuss.

6. Mercantilism is a bankrupt theory that has no place in the modern world. Discuss.

7. Drawing on the Theory of Comparative Advantage to support your arguments, outline the case for free trade.

8. In 1972, gold standard was abandoned for monetary purpose. Now what are the standards used by Central bank to monitor currency value?

9. Compare & contrast the entry strategies of exporting, licensing & franchising.

10. What are the major differences between International Business & Domestic Business?