Ba7401 international business management - important questions
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The document provides an overview of international business management. It defines international business as commercial transactions that cross national borders and involve two or more countries. It discusses the nature of international business, including involvement of multiple countries and currencies. The objectives of international business are outlined as integrating economies, offering new markets, and facilitating the exchange of ideas, services, and capital globally. The document also examines factors like political systems, economic environments, socio-cultural differences, and the natural/technological landscape that comprise the international business environment.
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2. Absolute advantage theory stated countries should specialize in what they produce most efficiently. Comparative advantage theory argued specialization benefits all, even without absolute advantage.
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Ba7401 international business management - important questions
- 1. International Business Management Important Questions for Exam (Unit Wise) Unit - 1 1. Factors causing globalization of Business. (7) 2. Advantages of Globalization (International Business). (7) 3. Approaches (Orientation) of International Business. (7) 4. International Business Environment. (Political and Economic Environment) 5. Factors to be considered in assessing country attractiveness. Unit – 2 1. The role of GATT/WTO in International Business. 2. Theories of international trade and investment. 3. Regional Trade Block – types – RTBs across the Globe. Unit – 3 1. Difference between Standardization and Differentiation strategies. 2. Different forms of international business (Global Entry Strategy / Internationalizing Business). 3. Steps involved in controlling of International Business. 4. Performance measurement indicators of global organization. Unit – 4 1. Factors to be considered by an international firm to locate its production activities. 2. Components of international marketing management. 3. Concept of international financial management. 4. Issues involved in supply chain management. (7) 5. Types of exchange rate system and factors determining the exchange rate. 6. Selection of expatriate manager. Unit – 5 1. Different types of conflict and conflict resolution techniques. 2. Factors causing conflicts in International Business. (7) 3. The role of international agencies in negotiation. 4. Ethical issues in International Business. (7) 5. Steps involved in ethical decision making.