International Business Question paper 2009

International Business - M.Com 2009

Commerce

SECTION - A

1. Answer any ten of the following in about 3-4 lines each. Each sub question carries 2 marks. (2×10=20)

a) What is 'world wide integration' strategy?
b) What is 'ethnocentric' style of management?
c) What is repatriation?
d) State the principles of international law.
e) What is a 'bill of lading'?
f) What do you mean by 'TCNs', 'HCNs' and 'PCNs' in international business ?
g) Mention two assumptions of absolute cost advantage theory.
h) What is product life cycle theory?
i) What is international accounting?
j) Mention the countries which are under the influence of US Accounting system.
k) What are regional trading blocks?
l) What are commodity agreements?

SECTION - B

Answer any three of the following in about one page each. Each sub question carries 5 marks. (3×5=15)

2. Define international business. Give an outline of factors driving globalization of businesses.
3. What is international marketing ? How does it differ from domestic marketing?
4. How are national differences harmonized in accounting?
5.How are strategic alliances managed ?
6. Write a note on 'Mercantilism'.

SECTION - C

Answer any three from the following in about 3 pages each. Each question carries 15 marks. (3×15=45)

7. List the various elements of environment of international business. Discuss any three of them in detail.
8. List the various organizational structures in international business. Discuss any three of them in detail. What are the factors that affect the choice of a structure of an MNC?
9. Discuss in brief the strategic management process.
10. Critically examine the theories of absolute advantage and comparative advantage.
11. What are the functions of WTO and what are its implications for India? Discuss.