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13 International Business Q Bank

1. Raymond Vernon's Product Life Cycle theory of international trade explains why an innovator and exporter has to become an importer in later stages of the PLC. It describes the evolution from production to export to import as a product matures. 2. Globalization can be defined as the stages in the evolution of global companies, driven by forces of global integration but restrained by political and social pressures. Business ethics and CSR play a role in sustainable global business by helping organizations operate responsibly. 3. Contemporary theories of international trade like Porter's Diamond model can assess India's competitive advantage for agro-based products. Agreements under WTO aim to reduce barriers but also face challenges in success.

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87 views4 pages

13 International Business Q Bank

1. Raymond Vernon's Product Life Cycle theory of international trade explains why an innovator and exporter has to become an importer in later stages of the PLC. It describes the evolution from production to export to import as a product matures. 2. Globalization can be defined as the stages in the evolution of global companies, driven by forces of global integration but restrained by political and social pressures. Business ethics and CSR play a role in sustainable global business by helping organizations operate responsibly. 3. Contemporary theories of international trade like Porter's Diamond model can assess India's competitive advantage for agro-based products. Agreements under WTO aim to reduce barriers but also face challenges in success.

Uploaded by

Amar Maharana
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd

International Business MMS (Prof Bharat Nadkarni)

Question Bank 1. Describe Ray ond !ernon"s Product #ife $ycle theory of international trade and e%&lain 'hy an inno(ator and e%&orter has to turn i &orter at later sta)e of P#$. *. Define +lobalisation and describe the sta)es in the e(olution of +lobal co &anies. ,%&lain 'ith e%a &les- the dri(in) and restrainin) forces of )[Link]. /. State the characteristic features of 0ransnational ,cono y- as e%&lained by Peter Drucker. 1. Describe (arious arket entry strate)ies International Business 'ith e%a &les. in

2. Define 3Multinational $or&oration" (MN$). ,%&lain the erits and de erits of Multinational $or&orations. $ritically e%a ine the role of MN$"s in the international econo y.

4. ,%&lain the forces influencin) co &etition in an international business5 6. 7 fir 'hich &lans to )o international has to ake a series of strate)ic decisions. ,laborate 'ith e%a &les. 8. ,%&lain 'hy the need to e%&ort is crucial and describe the institutional fra e'ork to &ro ote e%&orts in India. 9. :hat role Business ,thics and $SR &lay in )lobali.ation5 ;o' 'ill it hel& <r)anisations in sustainable Business5 1=. :hy is >DI i &ortant for host and ho e country5 Discuss the >DI en(iron ent in India in last *= years. 7lso su))est ho' to increase in'ard >DI. 11. Discuss the conte &orary theories of International trade 'ith suitable e%a &les. ;o' can the Porter"s Dia ond odel of co &etiti(e ad(anta)e be used to assess co &etiti(e ad(anta)e for India for 7)ro based &roducts 5 1*. ?:0< ai s at re o(in) non tariff barriers and reducin) tariff barriers.@ If so- critically e(aluate

achie(e ents and &roble areas 'hich :0< has to encounter in order to succeed in the abo(e obAecti(e. 1/. State )eneral a)ree ents incor&orated in :0< and discuss their i &act on Indian industry and trade 'ith s&ecial focus on sectors. 11. Discuss any t'o of the international issuesBC

a. Intellectual &ro&erty ri)hts b.$urrent trends and a&&lication of &urchase &o'er &arity theory. c. + *= and i &act on India"s forei)n trade. [Link] >a(oured Nation (M>N) status D 7d(anta)es and Disad(anta)es e. Product #ife $ycle theory in International Business. 12. 7ny indi)enous or)[Link] beco e )lobal or)[Link] in en(iron ent. ,%&lain seEuential &rereEuisites to e er)e as )lobal &ractical illustrations. has &otential to today"s business ste&s 'hich are cor&oration 'ith

14. Discuss the econo ic- cultural- social- &olitical and technolo)ical en(iron ent of international

business as it &re(ails today. Dra' lessons for Indian co &anies 'ishin) to )o )lobal. 16. :hich are the key en(iron ental factors rele(ant to International Business5 ,%&lain each factor 'ith e%a &les. 18. 19. #o)istics in International Business Mer)ers F 7cEuisitions

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