IIBM – International Business Management Answer sheet

Multiple choices:

1. What is the series consideration for strategy implementation?
2. Strategic orientation
3. Location
4. Dimensions
5. Both (a) & (b)

1. The major activity in global marketing is:
2. Pricing policies
3. Product lines
4. Market assessment
5. All of the above

1. The third „P‟ in the international marketing mix is:
2. Product
3. Price
4. Promotion
5. Place

1. The European Economic Community was established in____________
2. 1958
3. 1975
4. 1967
5. 1957

1. Environment Protection Act on______________
2. 1986
3. 1967
4. 1990
5. None of the above

1. People‟s attitudes toward time depend on:
2. Language
3. Relationship
4. Culture
5. All of the above

1. Culture necessitates the adaption of :
2. Product
3. Price
4. Promotion
5. Place

1. The legal term for brand is:
2. Symbol
3. Name
4. Trade mark
5. All of the above

1. FDI flows are often a reflection of rivalry among firms in____________
2. Global market
3. Indian market
4. International market
5. None of the above

1. ISO certification is:
2. Expensive process
3. Elaborate process
4. Evaluative Process
5. Both (a) & (b)

 Part Two:

1. What do understand by „Inward-oriented Policies‟?
2. What is „Factor Endowments Theory‟?
3. Explain the term „Totalitarianism‟.
4. Write about „Persistent Dumping‟.

Case let 1

Questions:

1. Is gross domestic product per capita a useful indicator of International competitiveness in the EU?

1. Is it fair to point the blame for the EU‟ \’s poor international competitiveness at inflexible labor markets, regulated goods and services markets, and a general lack of competition? What alternative explanations might be suggested?

Case let 2

1. What are some current issues facing Peru? What is the climate for doing business in Peru today?
2. Would the bank be better off negotiating the loan in New York or Lima? Why?
3. Imagine that you are the director of a major international lending institution supported by funds from member countries. What one area in newly industrialized and developing economics would be your priority for receiving development aid? Do you suspect that any member country will be politically opposed to aid in this area? Why or Why not?
4. The principal problem in analyzing different forms of export financing is the distribution of risks between the exporter and the importer. Analyze the following export financing instruments in this respect:

(a) Letter of Credit

(b) Cash in advance

(c) Draft

(d) Consignment

(e) Open Account

 

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