INTERNATIONAL BUSINESS ENVIRONMENT UNIT 2 QUESTIONS

Short Questions (2 Marks)

1. On which dimensions political system can be accessed?

2. What is collectivism? Explain who advocate it.
3. What is socialism? Mention its type.
4. Explain Karl Marx philosophy of socialism.
5. Define communism with examples.
6. Define social democrats with example.
7. What is individualism? Who advocate it?
8. What are central tenets of individualism?
9. Mention any two differences between collectivism and individualism.
10. Explain types of democracy.
11. What is representative democracy? How it works?
12. Mention any four safeguards of democracy.
13. Why safeguards needed in democracy?
14. Explain totalitarianism.
15. Mention types of totalitarianism with examples.
16. Explain communist totalitarianism.
17. Explain theocratic totalitarianism.
18. Explain tribal totalitarianism.
19. Explain right wing totalitarianism.
20. What is command economy? Mention with examples.
21. What is free economy? Mention with examples
22. What is mix economy?
23. In which types of economy government tends to take care of troubled firms ownership? Explain
with examples
24. What is legal system? Define it.
25. How legal systems are related with international business?
26. What is common law? Mention it with example
27. What is tradition?
28. What is custom?
29. What is precedence?
30. Explain common law with its feature. Give name of countries follow it.
 31. What is civil law? Who follows civil law?
32. Explain civil law with features.
33. Mention important difference between common law and civil law.
34. What is theocratic law? Who follow it? Give example.
35. Which countries follow common laws? Give examples and mention origin of common law.
36. What is contract?
37. What is contract law?
38. Mention different in contract in common law system and civil law system.
39. To resolve dispute in contract law which institute is established?
40. Explain property rights?
41. How property rights can be violated?
42. What is private action?
43. What is public action?
44. What is property?
45. What are intellectual property rights? Why it needed?
46. Explain patent.
47. Explain trademark.
48. Explain copyright.

14 Marks Long Questions

1. What is political system? Explain its classification in details.

2. Explain various types of economic system.

3. Explain various legal systems and its classification in detail

07 Marks Long Questions

1. Explain collectivism and its types in detail.

2. What is individualism? Explain in detail.

3. Differentiate between collectivism and individualism.

4. Explain democracy with its safeguard.

5. What is totalitarianism and its types in detail.

6. Differentiate between democracy and totalitarianism.

7. Explain various legal systems with example.

8. What are contract and property rights? How can property rights can be violated? Explain in detail

9. How can be property rights can be protected? Explain it

INTERNATIONAL BUSINESS ENVIRONMENT UNIT 3 QUESTIONS

14 Marks Long Questions

1. What is culture and explain it in detail

2. Explain determinants of culture.

3. Explain relationship between culture and the workplace and work of hofsted.

4. Explain culture changes and its implication for managers.

5. Explain roots of unethical behavior.

6. Explain process of ethical decision making.

07 Marks Long Questions

1. Explain culture.

2. Explain values and norms.

3. Explain norms in detail with examples.

4. Explain social structure with its dimension in depth.

5. Explain social mobility and stratification.

6. Explain relationship between culture and workplace relationship.

7. Explain cultural change.

8. Explain cross culture literacy.

9. Explain connection between culture and competitive advantage and its importance.

10. Discuss employment practices with examples.

11. Discuss human rights with examples.

12. Discuss environmental pollution with examples.

 13. Discuss corruption with examples.

14. Explain moral obligations with examples.

15. Explain roots of unethical behavior.

16. Explain process of ethical decision making.

17. Explain ethical issues in business decision making.

18. Explain moral courage and ethical officer.

19. Explain ethical dilemmas and how to resolve it.

02 Marks Questions

1. Define culture.

2. Define culture according to hofstead.

3. Define value.

4. Define norms.

5. Define folkways with example.

6. What are visible elements of folkways and its significance?

7. What is mores? Explain with example.

8. Define society.

9. Define nation.

10. Explain social structure and its important dimensions.

11. Define group.

12. Define social strata.

13. Define social mobility.

14. Define cast system with its characteristics.

15. Define class consciousness.

16. Define class system.

17. What is significance of stratification?

18. Mention hofstede dimension.

19. Define power distance.

20. What is individualism vs collectivism?

21. What is uncertainty avoidance?

22. Define masculinity vs femininity.

23. What is criticism of Hofstead work?

24. Which is fifth dimension added by Hofstead?

25. Which factors are important for culture changes?

26. What is World Values Surveys indicate? Explain it.

27. What are the implications of cultural changes in international business?

28. What is the biggest danger for company in international business?

29. What is ethnocentrism?

30. Explain culture and competitive advantage with example.

31. What are two reasons for importance of connection between culture and competitive
advantages?

32. Define ethics.

33. Define business ethics.

34. What are the ethical issues in international business? Mention.

35. Discuss Nike issue in employment practices.

36. What is the conclusion from Nike case?

37. Define Sullivan principles.

38. Discuss human rights with reference of South Africa.

39. Define tragedy of commons.

40. Define corruption with example.

41. What is speed money?

42. What is adopted by OECD? Explain it.

43. Define social responsibility.

44. Define Nobless oblige.

45. Define ethical dilemma with example.

46. How to solve ethical dilemma?

47. Mentions roots of unethical behaviour.

48. Who experiences more pressure to violate personal ethics? Why?

49. Why organization culture is root of unethical behaviour? Explain with example.

50. What is HP way? Explain.

51. Define ethical decision making

52. Mention five things that needed to be considered by international business.

53. Mention Unilever code of employee.

54. Mention Unilever code of business integrity.

55. How Jack Welch review performance of manager in GE.

56. What questions a manager should ask him/herself to check that decision is ethical or not?

57. Mention steps of ethical algorithm.

58. Define firms stake holder and its classification.

59. Define moral imagination.

60. Define ethics officer.

INTERNATIONAL BUSINESS ENVIRONMENT UNIT 1 QUESTIONS
Short Questions (2 Marks)

1. Mention levels of globalization

2. What is globalization of market?
3. Mention any two feature of globalization of market.
4. Explain any two reason of globalization of market.
5. What is globalization of production?
6. Give any two example of globalization of production
7. Mention any two reason for globalization of production
8. Mention any two features of globalization of production
9. Give any two example of globalization of market.
10. Mention strategies that companies can design with help of globalization of production.
11. Which I technological changes help the globalization process?
12. Explain Moore’s law?
13. Mention any two drives of globalization.

Long Questions (7 Marks/14 Marks)

1. Explain globalization of market in detail

2. Explain globalization of production in detail
3. What is globalization and explain features of globalization in detail.
4. Explain drives of globalization in detail.
INTERNATIONAL BUSINESS ENVIRONMENT UNIT 5 QUESTIONS

Long Questions (7 Marks/14 Marks)

1. Explain balance of payment in detail.

2. What is similarities and difference between internal trade and international trade.
3. Explain role of foreign capital in country’s growth.
4. Explain exchange rate policies.
5. Discuss WTO in detail.
6. Discuss IMF in detail.
7. Discuss World bank in detail.
8. Discuss silent features of MNC.
9. Explain levels of regional integration with help of examples.
10. Explain European Union in detail.
11. Discuss SAARC in detail.
12. Explain any two trade theories.

Short Questions (2 Marks)

1. Define balance of payment as per IMF.

2. Mention structure of balance of payment.
3. What current account consist of? Explain.
4. What capital account consist of? Explain.
5. What unilateral transfer account consist of? Explain.
6. What official reserves account consist of? Explain.
7. Define internal trade and its characteristics.
8. Define international trade and its characteristics.
9. Mention similarities between internal and international trade.
10. Mention difference between internal and international trade.
11. What is foreign capital?
12. Why foreign capital needed? Mention it.
13. Mention role of foreign capital in any country.
14. Mention gaps that foreign capital filled in any country?
15. Define exchange policy. Mention its types.
16. What is fixed exchange rate policy?
17. What is free floating exchange rate policy?
18. What are the objectives of exchange rate policy?
19. Mention objectives of WTO.
20. Mention important agreement of WTO.
21. Explain agreement of Multi-fiber arrangement.
22. Explain agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS).
23. Explain general agreement of trade in services (GATS).
24. Explain agreement on Trade Related Investment Measure (TRIM).
25. Mention institutes included in World Bank group.
26. Define IBRD and its work.
27. Define IDA and its work.
28. Define IFC and its work.
29. Define MIGA and its work.
30. Define ICSID and its work.
31. Explain purpose of world bank.
32. Explain organization structure of World Bank.
33. Define SDR.
34. Mention purpose of IMF.
35. How IMF comes in existent?
36. Mention types of financial assistant provided by IMF.
37. Mention role of quota in IMF.
38. Mention organization structure of IMF.
39. Define free trade area with example.
40. Define customs union with example.
41. Define common market with example.
42. Define economic union with example.
43. Define political union with example.
44. Define trade creation.
45. Define trade diversion.
46. Mention members of NAFTA.
47. How European union comes into existent?
48. Mention political structure of European union.
49. Define Euro and how comes into existent?
50. Mention members of SAARC. When it established?
51. Define mercantilism.
52. Define theory of absolute advantage.
53. Define theory of comparative advantage.
54. Mention participant in foreign exchange market.