Hbc2234:International Business Question Paper
Hbc2234:International Business
Course:Bachelor Of Commerce
Institution: Meru University Of Science And Technology question papers
Exam Year:2014
QUESTION ONE – (30 MARKS)
(a) What is i18n? (1 Mark) (b) Discuss the various forms of tariffs as applied in international business. (10 Marks) (c) There are literally hundreds of ways to build a barrier. Discuss the following non tariff barriers. (10 Marks) (i) Tariff rate quota (ii) Local content regulation (iii) Global quota (iv) Country quota (v) Subsidies (d) Discuss the three classes of tariffs. (6 Marks) (e) Are developing countries justified to put restrictions on international business? Briefly discuss your answer. (3 Marks)
QUESTION TWO – (20 MARKS)
(a) Outline any five sectors of international business. (5 Marks) (b) Discuss how various multinational enterprises (MNEs) manage cultural diversity in different international markets. (5 Marks) (c) (10 Marks)
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QUESTION THREE – (20 MARKS)
(a) What are the factors that signify economic advancement in international business? (10 Marks) (b) Microeconomic environment refers to the environment surroundings a product and or market to a company. Discuss any five basic questions that an international business executive needs to consider as he analyzes the microeconomic environment.(10 Marks)
QUESTION FOUR – (20 MARKS)
(a) (3 Marks) (b) Uruguay round was considered ambitious in as much as it sought to address numerous issues that GATT had previously side stepped. Outline any five specific achievements of this round which started taking effect in 1995. (10 Marks) (c) Briefly outline any seven modes of entry into a foreign market. (7 Marks)
QUESTION FIVE – (20 MARKS)
(a) For many decades, the EAC has been trying to form a stronger integration. However, these efforts have not born any fruit so far. Discuss the reasons behind this situation. (5 Marks) (b) What is the relevance of international commercial crime services (ICCS) in the world of business? (5 Marks) (c) Make some short notes on the following: In your answer, please provide full meaning of the acronym, any three countries that form part of the integration, one achievement of integration and one major challenge. (10 Marks) (i) COMESA (ii) SACU (iii) NAFTA (iv) EFTA (v) LAFTA
Guide:
In your answer: Please provide full meaning of the acronym, any three countries that form part of the integration, one achievement of integration and one major challenge.
(10 Marks)
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