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International Business(Buss 441) Question Paper

International Business(Buss 441)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2010

TIME : 2 HOURS
INSTRUCTIONS Answer Question ONE and any Other TWO Questions

Question 1
a) Define international business and differentiate it from domestic business? (4 marks)
b) Explain the basic forms of international business activity? (12 marks)
c) What are the basic reasons for the recent growth of international business activity (8 marks)
d) Discuss the contributions of World Trade Organization in international business.(10 marks)

Question 2
a) What are some of the basic issues a firm must confront when choosing an entry mode for a new foreign market? (4marks)
b) How does import substitution policies affect the economies of a country? (8marks)

Question 3
a) What are the steps in conducting a foreign market analysis? (6marks)
b) What special problems arise in financing and arranging payment for international transactions? (6 marks)
c) Explain different types of letters of credit? (8marks)

Question 4
a) How can a multinational corporation (MNC) affect its host country? (6 marks)
b) Explain how the theory of absolute advantage will benefit players in the common market protocol in East African Community. (10 marks)
c) What are the main objectives of East African Community? (4 marks)

Question 5
a) How does international HRM for non-managerial employees differ from that for managerial employees? (5 marks)
b) How does international operations management relate to international marketing? (15marks)

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