IB0 01 INTERNATIONAL BUSINESS ENVIRONMENT June 2014 Question Paper

 

IB0 01 INTERNATIONAL BUSINESS ENVIRONMENT

June 2014 Question Paper

Time : 3 hours

Note : Answer both the parts.

PART - A

1. Comment on any four of the following :

(a) Politics has always played and will continue to play an important role in shaping business all over the world.

(b) Culture cannot be easily isolated from such factors as economic and political conditions and institutions.

(c) The recent expansion of technology has contributed to the growth of international business.

(d) Fluctuations in exchange rates affect the profitability of not only exporting/importing firms but also purely domestic firms.

(e) The purpose of a trade theory is to explain the pattern of trade between two countries.

(f) Multinational corporations face the issue of ethical dilemmas.

PART - B

Answer any four of the following :

2. (a) Discuss the major forces of globalisation.

 

(b) Describe the effects of globalisation on the world economy.

3. What are the key features of Foreign Direct Investment (FDI) in India ? Distinguish between Direct and Portfolio investments, clearly pointing out their respectives key characteristics.

4. How do behavioural practices affect business ? Explain giving suitable illustrations.

5. Explain the concept and different forms of Alternatives Dispute Resolution (ADR) mechanism.

6. Describe the objectives and functions of IMF.

7. Write short notes on any two of the following :

(a) Strategic Alliances

(b) Special Drawing Rights

(c) General Agreement of Trade in Services (GATS)

(d) Global Trade Point Network

 

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