III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

TWO MARK QUESTIONS AND ANSWERS

UNIT-1

1. WHY ORGANIZATIONAL GO INTERNATIONAL?

1. Profit advantage
a)domestic marketing
b)international marketing
2. Comparative cost advantage
3. Growth opportunities
4. Competition counter competition

2. Define mercantilism?

 Mercantilism is the oldest trade philosophy

 Accounting mercantilism, economic activity was a „zero sum game‟ (gain for one person
and loss to another person)
 State intervention in import or export
 Mercantilism was based on the conviction that national interests are inevitably in conflict
that one nation can increase its trade only at the expense of other nations . Thus,
governments were led to impose price and wage control, foster national industries,
promote exports of finished goods and imports of raw material, while at the same time
limiting the exports of raw materials and the imports of finished goods. The state
endeavoured to provide its citizens with a monopoly of the resources and trade outlets of
its colonies

3. Define business environment?

An environment can be defined as anything which surrounds a system therefore, the business
environment is anything which surrounds, the business organization. It affects the decisions,
strategies, processes and performance of the business.

The microenvironment consists of different type of stakeholders‟ customers, employees,

supplies, board of directors and creditors. The microenvironment consists of factors, which are
beyond the control of the business (STEP)-social, technological economic and political.

4. Define economic environment?

The overall macroeconomic climate of the host country as well as the microeconomic
environment surrounding the product or market has a significant effect on marketing strategy.
The macroeconomic environment sets the limit of activity indifferent sectors of the economy.

R.KALAISELVI AP/MBA
III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

5. Narrate turnkey project?

It is a special mode of carrying out international businesses. It is a contract, under which a firm
agree -for a remuneration-to fully carry out the design, create, and equip the production facility
and shift the project over to the purchaser when the facility is operational.

It involves the delivery of operating industrial plant to the Clint without any active participation.
A company pays a contractor to design and construct new facilities and train personnel to export
its process and technology to another country.

6. Define united national conference on trade and development (UNCTAD)?

The United Nations conference on trade and development (UNCTAD) was established in 1964
as a permanent intergovernmental body. It is the principal organ of the United Nations General
Assembly dealing with trade, investment and development issues.

7. Define LCIA?

The LCIA provides an example an extensive administration service, which is not confined to the
conduct of arbitration and ADR under its own rules and procedures. It also acts as appointing
authority and administrator in UNCITRAL-rules case and will act as fund holder for deposits
filed because of the cost in otherwise entirely ad hoc proceedings.

8. What are the ministerial conference?

The topmost decision making body of the WTO is the ministerial conference, which tend to meet
every two years. There have been six conference, with the last one being in December 2005. All
members of the WTO attend the conferences. The ministerial conference can make decision on
all matters under any of the multilateral trade agreements. The first meeting of the ministerial
conference was held in Singapore on 9 December-13, 1996.

9. Define the term TRADE LIBERALIZATION?

Trade liberalization, loosely defined as a move towards freer trade through the reduction of tariff
and other barriers, is generally perceived as the major driving force behind globalization.
Rapidly increasing flower of goods and services across nation borders have been the most visible
aspect of the increasing integration of the global economy in recent decades. However, this has
also been one of the most contentious aspects of globalization.

10.Define the term trade block?

A trade block is a large free trade area formed by one or more tax, tariff and trade agreements .
typically , trade pacts that define such a bloc specify formal adjudication bodies , eg , north
American free trade agreement (NAFTA) trade panels . this may include even a more
democratic and participative system , as the European union (EU)and its parliament.

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

11.Define the term free trade area?

The foundation of the AEC is the ASEAN free trade Area(AFTA), a common external
preferential tariff scheme to promote the free flow of goods within ASEAN. The ASEAN free
trade area (AFTA) is an agreement by the member nations of ASEAN concerning local
manufacturing in all ASEAN countries.

12.Define comparative cost theory?

David Ricardo illustrated the basic of international trade using comparative cost difference . he
used two countries, two commodity model . the conclusing of his modal are :

 Business between two countries is profitable when a country produces one good at a
lower cost then other country and that other produces another good at a lower cost than
the former country .
 Business between two country is also profitable when one country produces mire than the
produce efficiently , but when it produces one of these product comparatively at greater
efficiency than the other product .
 Both the nations can engage in international business when one country specializes in the
production in which it has greater efficiency in production.

13.Define absolute cost advantage?

Accounting to adam smith , the basic of international is absolute cost advantage .

Accounting to adam smith trade between two countries would be mutually beneficial it one
country could produce one commodity at on absolute advantage over the other country and the
other country could , in true produce another country at an absolute cost advantage over the first

14.Define opportunity cost theory ?

The opportunity cost of anythimg is the of alternatives whih have to be foregone in order to
obtain that particular thing.Accounting to opportunity , cost theory the basic of international
trade is the difference between nations in the opportunity cost of production of commodities.

15.State the factor endowment theory /H.O theory?

Accounting H.O theory international trade takes place because of the difference in the them
factor endowment of the various regions

For eg:- one country may be rich in capital and another in labour

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

16. Define competitive advantage theory?

Firm’s strategy structure & rivalry

Factor endowment Demand condition

Demand lag

Related & supporting industry

17.Define international PLC theory?

Accounting to international PLC theory , the are considered.

1. New products developed as a result of technological innovation

2. Trade patents are delis mined by the marked structure and different phases in a new PLS.

18.Define licensing ?

 The domestic manufacturing bases they right to use intellectual property to a

manufacture.
 In an foreign country for a fee.
 For ex: me Donald giving license manufacturing the product to rein country .

19. Define international franchising ?

 Franchising is a form of licensing the domestic company provides the following services
to the franchising in a lost country
 Trademark
 Operating system
 Product reputation
 Continuous support system like advertising

R.KALAISELVI AP/MBA
III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

TWO MARK QUESTIONS AND ANSWERS

UNIT-2

1.Define North American Free Trade Agreement (NAFTA)?

The North American Free Trade Agreement (NAFTA)(Spanish :tradado de American comercio
de America del norte [TLCAN], French: accord de libre-enchange nord-american [ALENA]is a
trilateral trade bloc in north America created by the government of the united states , Canada,
and mexico.

2.Define European Union(EU) ?

The European Union(EU)is a political and economic union of 27 member state , located
primarily in Europe. It was established by the treaty of Maastricht in 1993 upon the foundations
of the pre-existing european economic community . with almost 500 million citizens, the
EUcombined generates an estimated 30% share of the worlds nominal gross domestic
product(US$16.8 trillian in 2007).

3.Define world trade organization(WTO)?

World trade organization(WTO) is an international organization designed to supervise and

liberalize international trade . the WTO came into being on 1 January 1995, and is the successor
to the general agreement on tariffs and trade (GATT), which was created in 1947 , and continued
to operate for almost five decades as a de facto international organization.

4.Define the obejectives of trade policy?

Objectives of TP:

 Product domestic industries

 Preserve foreign exchange

5.What is Tariff?

Tariffs are tax imposed on inport.

Specific tariff- it is levied as fixed change for each imported.

Advalorem-Advalorem tariff are the tariff as a prepartionate of the value of the imported goods it
is called advalorem tariffs\ex-imposition of 30% on the value of computer imported.

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

6.What is subsidies?

For ex-cash , loans given by the government , advance at the low rate of interest , tex holiday
government procurement of output at higher rate , equity participation supply of inputs at lower
price.

7.Define import quotas?

It is the direct restriction on the quantity of goods which are imported in the Indian country these
restriction are imported by issuing import licenses to import certain quantity of goods.

8.What are the promotion of free trade ?

Reduction or elimination of tariffs, creation of free trade zones with small or not tariff reduced
transportation costs, especially resulting from development of containerization for ocean
shipping.

Reduction or elimimation of capital control reduction , eliminate or harmonizatuon of subsidies

for local business.

9.What are the restricyion of free trade?

Harmonization of intellectual property laws across the majority of state with more restriction.

Supranational recognition of intellectual property restriction(e.g. patents granted by china would

be recognized in the united states).

10. Define global competitiveness?

The report “assesses the ability of countries to provide high level of properity to their citizens.
This in turn depends this in turn depends on how productively a country uses available resources.

Therefore, the global competitiveness index measures the set of institutions , policies , and
factors that set sustainable current and medium-term level of economic prosperity”. It has been
widely cited and used by many scholarly and peer-reviewed articles.

11. What are the TYPES OF ORGANISATIONAL STRUCTURE?

Firstly, there is a functional organization, which has a form of departmentalization in which

employees engaged in a functional activity, such as marketing or finance , are grouped into one
unit . you are likely to be well familiar with this type of organization.

A divisional structure divides the company into divisions that bring together those employees
involved with a certain type of product or market or service

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

In a matrix organization each employee reports to both a functional or divisional manager and to
a project or group manager

A hybrid structure adopting parts of both functional and divisional structures.

12.What are the CONTROL AND EVALUATION OF INTERNATIONAL BUSINESS?

Control is one of the managerial functions like planning , organizing , staffing and directing . it is
an important function because it helps to check the error and to take the corrective action so that
deviation from standards are minimized and state goals of the organizing are achieved in desired
manner.

13. What are the characteristics of control?

 Control is a continuous process

 Control is a management process
 Control is embedded in each level of organization hierarchy

 Control is forward looking

 Control is closely liked with planning
 Controlling is tool for achieving organizational activities

14. What are the elements of control?

The four basic elements in a control system-(1) the characteristic orcondition to be controlled,
(2) the sensor , (3) the comparator , and (4) the activator-occur in the same sequence and
maintain a consistent relationshaip to each other in every system.

15. What are the relationship between the elements of control and information?

The primary requirement of a control system is that it maintain the level and king of output
necessary to achieve the system‟s objectives. It is usually impractical to control every feature and
condition associated with the system‟s output.

16. What is performance measurement?

Performance measurement is the use of statistical evidence to determing progress toward specific
defined organizational objectives.

17. Define performance indicator?

Key performance indicators(KPI) are financial and non-financial metrics used to help an
organizational define and measure progress toward organizational goals.

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

18.What is organizational and operational control?

The concept of organizational control is implicit in the bureaucratic theory of max weber.
Associated with this theory are such concepts as “span of control”, closeness of supervision “,
and “hierarchical authority”. Weber‟s view tends to include all levels or type of organizational
control as being the same.

19. What are the problems of control?

The perfect plan could be outlined if every possible variation of input could be anticipated and if
the system would operate as predicted. This kinds of planning is neither realistic , economical ,
nor feasible for most business system of proper standards.

20. Why measure performance?

The basic purpose of any measurement system is to provide feedback, relative to your goals , that
increases your chances of achieving these goals efficiently and effectively. Measurement gains
true value when used as the basis for timely decisions.

TWO MARK QUESTIONS AND ANSWERS

UNIT-3

1. Define strategic planning?

Strategic planning is an organization‟s process of defining its strategy, or direction, and making
decision on allocating its resources to pursure this strategy, including its capital and people.
various business analysis techniques can be used in strategic planning , including SWOT analysis
(Strengths , weakness , opportunities and threats) and PEST analysis (political , economic ,
social and technological analysis ) or STEER analysis involving socio-cultural , technological ,
economic , ecological and regulatory factor .

2. What joint venture?

When two or more firms join together to create a new business entity, it is called a joint venture.
The uniqueness in a joint venture is its shared ownership environmental factors like social,
technological, economic and political environments may encourage joint ventures.

3.Define PERT?

Programme evaluation review technique (PERT) based on CPM, PERT delineates a given
project or program into network of activities or sub-activities. The goal is to optimize the time

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

spent by the managers. in this process , performance is measured by comparing the scheduled
time and the cost allocated with the actual time and the cost.

4.Differences between domestic and international strategic planning ?

International business is a business that is primarily based in a single country but acquires some
meaningful share of its resources or revenues(or both)from other countries.

As compared to this a domestic business is one which acquires all of its resources and sell all of
its products or services within a single country

5. Define the strategic planning process?

The strategic planning process

Mission

Objectives

Situation analysis

Strategy formulation

Implementation

Evaluation & control

6. What is the balanced scorecard?

The balanced scorecard is a strategic planning and management system that is used extensively
in business and industry, government, and non-profit organizations improve internal and external
communications and monitor worldwide to align business activities to the vision and strategy of
the organization performance against strategic goals.

7. Define FDI with straligic alliances?

The straligic alliance is a cooperation & collaborating to approach the larged goads. Alliance is a
straligy to explore a new marked which the company individually can do.

Ex: Xerox of USA and FUJI of japan collaborated to explore new market in Europe.

8. Define voluntary export restraints?

It is the quota on the exporting to the domestic firm imposed by the exporting, exporting country
imposes such restriction mostly at the request to the importing country.

Ex: Japanese automobile exporter‟s haol such in 1981 due to the request to the US government

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

9. Define export promotion?

Objectives

To provide organizational & infrastructure facilities for the development of export

To provide prodn MGtg 7 financial support for the development of export

To compensate exporters for the high domestic cost of prodn

To provide necessary assistance to the new small exporters to develop export business

To increase the relatives profitability of export business

10.Define export promotion measures?

 Setting up & various export promotion councils

 Identifying potential markets
 Identifying potential products
 Providing assistance to exporters
 Financing of foreign trade
 Education & training in export marketing
 Insurance against export risks
 Organizing trade fairs / exhibitions
 Packaging
 Pre-shipment inspection & quality
 Export documentation & procedures

11. Define autonomous bodies in export promotion?

EPC-export promotion council , ex ; leather

 ITPO-Indian trade promotion orgn

 IIFT-Indian institute of packaging
 Public sector undertaking MMTC/NSIC
 Central advisory council of trade
 STC-state trading corporation
 MMTC-minerals & metal trade crop of Indian
 NSIC-nation small industries crop
 Horticulture-cultivation of flowers
 FIEO-federation of Indian exports organization
 ICA-Indian council of arbitration
 Commodity boards

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

 Ahached & subordinate officers

12. What are the regularly & operational requirements of export documents?

Regularly & operational requirement of export documents

Regularly requirements Operational requirement

GR From Shipping bill
Export license Commercial invoice-packing
Lists
Inspection certificate Bill of lading(ship)
Consumer invoice/legalized invoice Airway bill
Certificate of origin Marine insurance policy
 Obtaining IES(important & export license) from DGFT(directorate general of foreign
trade) new delhi
 Membership in certain bodies like export promotion council (EPC)or ITPO(indian trade
promotion organization)
 Registration with EPCS & sale tax authorities

13.What are the negotiation of documents?

 Bill of lading
 Commercial invoice-raised by the exporter
 Packing slip
 BOE
 Certificate of origin
 Marine insurance policy
 LOC

14.Define international strategy?

 Go where locals don‟t have your skilla

 Little adaptation. Products developed at home(centralization).
 Manufacturing and marketing in each location.
 Makes sense where low skills, competition, and costs exist.

15. Define multi-domestic strategy?

 Maximize local responsiveness.

 Customize the product and marketing strategy to national demands
 Skill and product transfer
 Transfer all value creation activites , no experience curve rewards
 Good for high local responsiveness and low cost reduction pressures

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

16. Define global strategy>

Best use of the experience curve and location economies

This is the low cost strategy

Utilize product standardization.

Not good where local responsiveness demand is high.

17. Define transnational strategy?

Christopher Bartlett and sumantra ghoshal

Core competencies can develop in any of the firm‟s world-wide operation

Flow of skill and product offerings occurs throughout the firm-not only from home firm to
foreign subsidiary (global learning).

TWO MARK QUESTION AND ANSWERS

UNIT-4

1.What is globalization?

Globalization is a process of interaction and integration among the people , companies , and
governments of different nations , a process driven by international trade and investment and
aided by information technology.

2. Define cost of production?

It is a cost incurred by a company in manufacturing a product or delivering a service. Production

costs depend on raw material and labor. To determine the cost of production per unit , the total
number of unit produced divides the cost of production. It is important to know the cost of
production to better price an item or a service and to decide its total cost to the company.

3. Describe make-or-buy decision?

Make-or buy decision are taken to arrive at a strategic choice between manufacturing an item
internally (in-house) or buying it externally (from an external supplier). The buy side of the
decision is also known as outsourcing. Make-or-buy decision of a firm is important when it has
developed a product or part – or significantly modified a product or part-but is having problem
with the current suppliers, or has decreasing capacity or changing demand.

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

4. What is service level agreements (SLAs?)?

The SLAs should detail the minimum level of service to be provides by the outsourcing vendor.
They should be objective and measurable and have no ambiguity. This help both parties in long
term.

5.Define globally integrated marketing communications(GIMC)?

A GIMC is a system of promotional management that coordinates global communication-

horizontally(from country to country ) and vertically(promotion tools) . GIMC is meant to
harmonize the promotional and communication disciplines in every way . all communication
vehicles may be integrated so that convey the single idea to all concerned in a unified voice.

6.What are the effects of globalization?

Globalization has various aspects which affect the world in service different ways such as:

Industrial-emergence of worldwide production markets and broader access to a range of foreign

product for consumers and companies . particularly movement of material and goods between
and within national boundaries.

Financial –emergence of worldwide financial markets and better access to external financial for
borrowers. Simultaneous though not necessarily purely globalist is the emergence of under or un-
regulated foreign exchange and speculative markets.

Economic – realization of a global common market , based on the freedom of exchange of goods
and nation.

7.Define sweatshop?

It can be said that globalization is the door that open up an otherwise resource poor country to
the international markrt. Where a country or nation has little material or physical product
harvested or mined from it sown soil there is seen the opportunity by large corporation to take
advantage of the “export poverty” of such a nation.

8.What are the features of globalization?

Operating & planning to expand biz throughout

Erasing the differences between domestic & foreign markets

Buffing & setting of goods & service from & any country in the world

Establishing & manufacturing & distribution facilities in any part of the world

Product planning & development are based on market consideration of the entire world

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

Global orientation in strategies , organizational- structure – culture & managerial expertise

souring of factors of production from the entire wirld

9.What is global business?

Global business refer to the conduct of business activities in several countries , using a highly
coordinated and single strategy across the world.

10.What are the type of foreign exchange risks?

Economic exposure, focuses on the import of an exchange rate changes on the future cash flows.
It is based on the extent to which the value of the firm will change when value changes.

Accounting exposure, arises from the need for purpose of importing & consolidation to convert
the financial statements of the foreign operations from the local currencies involved in the home
currencies.

11. Define FOREIGN EXCHANGE?

Accounting to FERA-1973 (foreign , exchange regulation ACT)”FX is a foreign currency &

includes all deposits , credits & balance payable and drafts, letters of credits , bill of exchange ,
expressed or drawn in India currency but payable in foreign currency.

12. What are the functions of Fx?

Transfer of purchasing power

Provision of credit

Provision of hedging

13. What are the determinants of Fx?

PPP theory

Demand & supply theory / BOP theory

14. Define PPP theory?

ER=Er Pd = Pf

Where, ER equilibrium exchange rate

Er exchange rate in reference period

Pd domestic price index

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

Pf foreign country price index

The PPP theory states that when the exchange rates are free to fluctuate the rate of exchange b/w
two two currencies in the long run will be determined by their respective purchasing power.

ACC- to PPP theory the exchange rate b/w one currency with another is in equilibrium when
their domestic purchasing power a that rate of exchange are equivalent.

TWO MARK QUESTIONS AND ANSWERS

UNIT-5

1. What is international business?

International business is understood as the business transactions crossing national borders at any
stage of the transaction.

International business consists of business transactions between parties from more than one
country.

2. Define international business?

International business is the conduct of business activities beyond the national boundaries.

3. What is international trade?

International trade refer to exports and imports of goods and service by firm to a foreign based
buyer called importer or from a seller called exporter.

4. What is international marketing?

International marketing is concerned with firm level marketing practise across the border ,
including market identification and targeting , entry mode selection , and marketing mix and
strategic decisions to complete in international markets.

5. What is international management?

International management refer to application of management concepts and techniques in a cross
country environment and adaptation to different social, cultural, economic, legal, political and
technological environment.

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

6.What is global business?

Global business refer to the conduct of business activities in several countries , using highly
coordinated and single strategy across the world .

7.Define conflict?

Conflict is a state of discord caused by actual or pereceived opposition of needs , value and
interests . a conflict can be internal (within oneself) or external(between two or more
individuals).conflict as a concept can help explain many aspects of social life such as social
disagreement , conflicts of interests , and fights between individuals group or organizations.

8.Can exit conflict at a variety of level of analysis?

Conflict can exit at a variety of level of analusis:

 Community conflict
 Diplomatic conflict
 Economic conflict
 Emotional conflict
 Environmental resources conflict
 Group conflict
 Ideological conflict
 International conflict
 Interpersonal conflict

9.Define structural factors?(how the conflict is set up)

 Authority relationships ( the boss and employees beneath him/her)

 Common resources(sharing the same secretary)
 Goal differences (one person wants production to rise nd other want communication to
rise)
 Interdependence (a company as a whole can‟t operate w/o other departments)
 Jurisdictional ambiguities(who can discipline whom)
 Specialization(the experts in fields)
 Status inconsistencies

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

10.Define personal factors?

 Communication barriers
 Conflict management style
 Cultural differences
 Emotions
 Perception
 Personalities
 Skill and abilities
 Values and ethics

11.What are the principles of conflict and emotion?

There are several principles of conflict and emotion:

Conflict is emotionally defined – conflict involves emotion because something “triggers” it. The
conflict is which the parties involved and how they decide to resolve it –events that trigger
conflict are events that elicit emotion

Conflict is emotionally valence-emotion levels during conflict can be intense or less intense. The
“intensity” level “may be indicative of the importance and meaning of the conflict issues for
each “party.

Conflict invokes a moral stance-when an event occurs it can be interpreted as moral or immoral
the judging of this morality “influences ones orientation to the relationship to the parties
involved, and the conflict issues

Conflict is identify based – emotions and identity are able to determine a person knows their
values, beliefs and morals they are able to determine whether the conflict is personal, relevant,
and moral. “Identity related conflicts are potentially more destructive.”

Conflict is relational –“conflict is relational in the sense that emotional communication conveys
relational definitions that impact conflict.” “key relational element are power and social status.”

12.Define conflict resolution?

Conflict resolution is a range of processes aimed at alleviating or eliminating sources of conflict.

The term “conflict resolution” is sometimes used interchangeably with . The term dispute
resolution or alternatives dispute resolution.

13.Define negotiation?

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

Negotiation is a dialogue intended to resolve disputes , to produce an agreement upon courses of

action , to bargain for individual or collective advantage , or to craft outcomes to statisfy various
interests. It is the primary method of alternatives dispute resolution.

14. Narrate 5A’s techniques?

Assessment

Acknowledgement

Attitude

Action

Analysis

15.Define international chamber commerce?

The international chamber is a non-profit , private international organization that works to

promote and global tradeand globalization. It serves as an advocate of some world business in
the global economy , in the interests of economic growth , job creation and prosperity.

PART-B

UNIT-1

1. Explain the approaches in international trade theories. How do product lifecycle approach

and balance of payments vary in international trade?

2. Discuss about strategies for coping with foreign exchange rates. Describe the impact of

exchange rate fluctuations?

3. Discuss the factors that cause globalization of business.

4. Discuss International Environment.

5. Select any one theory that explain international trade. How does that theory explain the

reasons for a nation‟s economic success?

6. What do you understand by foreign exchange risk? Describe the m e a s u r e s t a k e n b y

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III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

g l o b a l f i r m s i n p r o t e c t i n g t h e m s e l v e s a g a i n s t foreign exchange risks.

7. State the impact of Political, Economical, Social and Technological factors affecting the

international marketing.

8. Discuss the factors to be considered by an exporter before entering international market.

9. Describe the problems associated with international trade.

10. Describe the advantages that a firm derive while entering international business

UNIT-2

1. Draw a frame work of global trade. Examine various dimensions at institutions in the world

economy.

2. how does the high emerging market shape global economy? Explain implications of

regionalism for India

3. Explain the role of WTO in International Business.

4. What are the challenges of Global Business? Describe them.

5. Explain in detail, the process of decision making to go global

6. When is Joint Venture(JV) an appropriate strategy? Describe the types of JVs with

example and the challenges faced byJVs.

7. Discuss the salient features of India‟s recent foreign trade policy.

8. Describe briefly the various measures taken by Government of India to help Indian exporters
in increasing their exports

9. Discuss the factors to be considered before selecting a particular market for export marketing.

10. Discuss the functions performed by export houses in India

UNIT-3

1. Briefly explain the corporate goals and global strategy of MNEs

2. Elaborate on the cultural environment of International business.

3. Compare and contrast strategic issues of global firms in automobile industry

R.KALAISELVI AP/MBA
III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

4. Briefly explain the corporate goals and global strategy of MNEs

5. What are the various strategies in International Business? Discuss

6. What are organizational issues in International Business? Explain.

7.)Explain in detail, the process of decision making to go global

8. When is Joint Venture(JV) an appropriate strategy? Describe the types of JVs with

example and the challenges faced byJVs.

9. The net effect of both export expansion or import substitution is the same. Do you agree?

Which one would you recommend for your country? Elucidate.

10. Differentiate balance of trade from balance of payment. Also indicate how balance of
payments,analysis can be useful to the international marketer

UNIT-4

1. Enumerate the integrated procedure to control multinational market efforts and explain the
steps involved in it.

2. Illustrate the positive and negative control mechanisms in international joint ventures

3. Discuss the selection of expatriate managers

4. Explain training and development of managers in International

Business

5. How does the international strategy of a firm affect the structure and control systems?

Discuss.

6. Describe the factors that help to decide whether a global firmshould use a

standardized or a differentiated strategy.

7. . Discuss the role of international trade fairs in international marketing.

8. Describe the role of international marketing research in export trade

9. How are India‟s exporters financed? State the role of ECGC in export financing.

10. Discuss the different types of risks associated with foreign trade

R.KALAISELVI AP/MBA
III SEMESTER / II YEAR BA5301 INTERNATIONAL BUSINESS MANAGEMENT

UNIT-5

1. Examine the actions in conflict resolutions internationally. List factors causing conflict in

global business.

2.Describe the role of dispute settlement process by International agencies.

3. What are the sources of conflict? Explain

4. Discuss the ethical issues in International Business

5. D i s c u s s t h e c o n f l i c t r e s o l u t i o n m e t h o d s t h a t c a n b e u s e d t o resolve
international trade conflicts
6. Discuss the possible competitive responses of a domestic firm(say in an

emerging market) when faced with the threat of entry of global players.

illustrations.

7. why is conflict management given importance in international business?Explain with ex.

8."Ethics is very essential in international business"Justify with necessary evidence

9. Discuss the role of international agencies in international business management.

10. Discuss the role international business in conflict resolution.

R.KALAISELVI AP/MBA