International Business — DU B.Com. (Hons.) Previous Year Question Papers

1. (a) "Globalisation rewards firms that understand local emotions better than global spreadsheets." Illustrate the statement in the context of types of globalisation. (9) (b) Explain the merits and demerits of the different modes of entry in international business. Give suitable examples. (9) (c) What is meant by the internationalisation process? Compare various managerial orientations toward internationalisation. (9) 2. 3. 4. (d) Identify the mode of entry suitable in the cases mentioned below. Also, briefly mention the advantages and disadvantages of the mode of entry suggested by you in each case. (i) A small Indian textile manufacturer wants to expand to Europe but has limited capital and no prior international experience. (ii) An Indian on line tutoring company partners with a South African school network to co-deliver classes and content. (iii) A German chemical manufacturer is exploring international expansion and values full control over technology and operations. (3x3=9) (a) `InAsia, politics decides; in Europe, economics decides.' Critically evaluate the statement with recent examples. (18) (b) "Political Environment decides if you can enter, Economic if you should enter, Cultural if you will survive, Legal if you can exit." Illustrate the statement and critically examine it. ( 18) (a) Discuss the Leontief Paradox aid the Theory of National Competitive (b) "Tariffs don't stop trade, they reroute it." Substantiate this statement in the context of the oil tariffs at the global economy level. (6) (c) "Today's exporter is tomorrow's importer. Innovation is temporary, imitation is permanent." Critically evaluate this statement with examples in the context of the product life cycle. Illustrate it with an example and a diagram. ( 12) (d) What are the different components of the balance of payments? (6) (a) "Free trade is like oxygen, you notice only when gone." Explain the statement, emphasising the various phases of regional economic integration and provide relevant examples. ( 12) (b) What is the Association of Southeast Asian Nations (ASEAN)? Explain its obj ectives. (6) (c) "If WTO writes trade rules, IMF pays the bills, World Bank builds the roads." Critically examine the functions and importance of these institutions in times of the emergence of other institutions like the BRICS nations' New Development Bank, etc. (18) 5. Write short notes on any three of the following : (e) Purchasing Power Parity (6x3=18)