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Subject Code: 840002
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GUJARAT TECHNOLOGICAL UNIVERSITY
MBA — SEMESTER — (4) EXAMINATION — WINTER 2017
Subject Name: International Business (IB)
Time: 10.30 AM TO 01.30 PM
Date: 02/NOV/2017
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Total Marks: 70
Instructions:
- Attempt all questions.
- Make suitable assumptions wherever necessary.
- Figures to the right indicate full marks.
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Q.1 (a) What do you mean by Globalization? Why globalization is important in International Business? 07
(b) Explain the various environment factor affecting International Business in brief. 07
Q.2 (a) What are Political risks? Explain its types. 07
(b) Define and explain Culture, Cultural group membership and Cultural diversity. 07
OR
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(b) Explain in brief “The Porter Diamond Theory of International Trade” taking example of a particular Indian Industry. 07
Q.3 (a) Explain in detail the difference between theory of Absolute advantage and theory of Comparative advantage 07
(b) Explain the difference between Spot transaction, Forward transactions and Future contracts. 07
OR
Q.3 (a) Discuss “Mercantilism” a trade theory. 07
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(b) What does the WTO do? How is it different from GATT? Explain. 07
Q.4 (a) What is multi-domestic strategy? What are its defining characteristics? Why would managers choose this type? 07
(b) Explain the four basic strategies that MNEs choose from, to guide how they will enter and compete in the International environment. 07
OR
Q.4 (a) Discuss the role of Countertrade in International Business. 07
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(b) How does an effective information system contributes to an effective global supply chain management system? 07
Q.5 (a) Compare scanning and detail examination of countries. Why both are important? 07
(b) Examine with suitable examples tools available to identify and select countries for doing business. 07
OR
Q.5 (a) Examine the major factors influencing the developing of accounting practices in different countries. 07
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(b) What are the reasons for failure of Expatriate? 07
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