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:-

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

2. Main reasons for globalisation:-

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

3. Main drivers of globalisation:-

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

4. Globalisation is taking place predominantly in:-

a. Service markets
b. Industrial markets
c. Consumer markets
d. Technology markets

To protect only the developed country's interest b. To help world trading system d. GATT d. UN 7. 4% c. 5% 10. The main purpose for creating United Nation is:- a. To preserve peace through international co-operation 8. 8-15% b. 14-20% c.5. To protect the world against natural calamities c. Global brands are produced in:- a. The legal & institutional framework to oversee international business:- a. One region c. Average tariff of developed countries during 2000's was:- a. Different countries d. Average tariff levels of developed countries during 1950's were in the range of:- a. <3% d. IMF c.9% b. One country b. 4-6% 9. 10-15% d. The single most technology innovation aiding globalisation is:- . WTO b. 3. None of the above 6.

Globalisation of production means:- a. Disagree d. Disagree b. Agree completely 14. Produce only for global markets c. Reduced transport cost b. The FDI inflows were mostly to:- . Agree to great extent b. Pentium mother boards b. Somewhat agree c. Possibly the only reason 15. a. a. None of the above 11. The future economy hub will be Asian countries. Agree to some extent 13. a. The low labour carries the major reason. Labour cost is very high c. Agree totally b. Very small shift d. Producing in various countries d. why Asian economies are getting investment by MNCs. Computer technology d. a. Development of microprocessor c. Having dispersal of production in many location 12. Totally disagree c. Share of the world output is shifting from developed countries to developing countries. Agree d.

The major technology innovators in the world:- a. Japan d. . Germany c. Japan 19. USA b. Germany c. Major producing countries d. UK 17. The country known for solid engineering:- a. The FDI of one country became dominant after 1980s:- a. Higher nos. Germany d. Germany d. USA b. UK 18. USA b. None of the above 16. a. Sweden b. Developing countries c. of MNCs originated from:- a. UK c. Japan d. Finland c. Japan 20. Globalisation is driving the world towards greater prosperity and growth. Developed countries b.

not a reality b. Agree to some extent c. Completely agree 21. Globalisation is only a myth. Completely agree b. Liberalization will stimulate economic growth 23. Globalisation will stimulate economic growth. It has increased more poor people than rich d.T. Disagree c. we see lot of protests due to:- a. Disagree d. Loss of sovereignty to nations c. Disagree c. Completely agree d. a. None of the above 25. Neither agree nor disagree d. a. Will result in globalisation b. a. Agree to some extent c. Agree to some extent 22. Agreed to some extent d. Globalization is blamed for job losses in developed countries. Liberalization is blame for job losses and not globalization 24. Inspite of economic prosperity of globalisation. a. Completely agree b.O is the main promoter of globalisation. Completely disagree b. Increased international trade & investment will result in lower prices for consumers. Many people believe that W. .

Capitalism b. Do not agree c. Political economy of a country influences the economic well being. Individual societies have economically progressed because:- . a. a. Agreed to some extent b. Agreed to some extent 30.O 26. A lot of agreement is being made about globalisation which is nothing but the American cultural imperialism on other countries. Completely agree d. Mixed economy d. Availability of credits & scientific work force b. Indias Major Competitive advantages are:- a. None of the above 28. Shift towards market economy c. Agreed to some extent c. Financial and not political economy b. Completely agree d. Big middle class society d. Do not agree b. Good governments 29. Completely agree 27. Free trade and not W. Agreed to little extent c.T. Indias economic progress is due to:- a. Disagree d. a. Population c.

Political system committed to free market economy b. Political system d. None of the above 32. Protecting only intelligence of people c. Capitalism c. State directed economic system b. Socialism d. Individualism 34. Collectivism has failed because of:- a. Broader concept of economic development according to Amartya Sen:- . Intellectual property rights are:- a. Fixed economic system c. copyright & trade mark act 35. Property rights are not given to people d. In the command economy:- a. Property rights are shared b. Command economic system d. Only protecting patent act d. a. Political freedom c. Patent act. Protecting only scientific innovation b. Free market system gets fostered because of:- a. None of the above 31. Collectivism b. Property rights are given to people c. None of the above 33.

Far East countries 39. Entrepreneurship c. Delicensing b. . The nature of economic transformation is:- a. is called:- a. a. GNP / PPP b. All of the above 37. When parent country nationals are holding all key positions in a company. Deregulation. Economic progress is an effect of:- a. Theocratic totalitarianism can be found dominantly in:- a. H D I 36. Innovation b. A document issued to the exporter that the bank will pay a certain sum to him on presentation of the same. Removal of barriers c. Bill of Lading b. privatization & laws to support market economy 38. Middle East countries b. Opening of market for FDI d. Asian countries c. G N P c. it signals _____ approach of staffing. G D P d. Right political system d. Draft c. Letter of Credit 40. Exporting License d. Western countries d.

licensing & franchising. In 1972. Illustrate your answer with examples. Do you think that business practices in an Islamic country are likely to differ from business practises in the United States. It is unreasonable to expect Western businesses active in developing nations to adhere to the same ethical standards they use at home. 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. 3. and if so. Discuss. Drawing on the Theory of Comparative Advantage to support your arguments. Compare & contrast the entry strategies of exporting. Now what are the standards used by Central bank to monitor currency value? 9. 6. Discuss. how? 4. (i) Ethnocentric (ii) Geocentric (iii) Polycentric (iv) Regio-centric Level 2 : Descriptive Type(10 Marks Each) 1. 8. gold standard was abandoned for monetary purpose. Outline why the culture of a country might influence the costs of doing business in that country. What are the implications for International Business of differences in the dominant religion and/or ethical system of a country? 5. outline the case for free trade. 10. What are the major differences between International Business & Domestic Business? . 7. Mercantilism is a bankrupt theory that has no place in the modern world.