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Hbc2234:International Business Question Paper

Hbc2234:International Business

Course:Bachelor Of Commerce

Institution: Meru University Of Science And Technology question papers

Exam Year:2011

QUESTION ONE (30 MARKS)
a) Outline five key differences between international and national businesses. (4 Marks) b) How will the Kenya economy benefit or lose as a member of the East African Community single market? (8 Marks) c) Explain with examples major characteristic features of international marketing management. (8 Marks) d) Discuss the socio-economic benefits of international business to host countries in the context of developing economies. (10 Marks)
QUESTION TWO (20 MARKS)
In the recent past many nation states are willin to foreo some aspects of bein soerein by integrating their economies with those of friendly neighbouring nations.
a) What are some of the advantages of such integration to member states? (6 Marks) b) What is GATT? List down any two principles of GATT. (4 Marks)\ c) Many firms in the world have a desire to do international business. Discuss the major problems and benefits of International Business. (10 Marks)
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QUESTION THREE (20 MARKS)
a) What are turnkey projects? Give two advantages and two disadvantages that a firm can gain by undertaking turnkey projects. (5 Marks) b) Discuss the impact of internet technology to the international business operations. (15 Marks)
QUESTION FOUR (20 MARKS)
a) Briefly discuss the six forms of integration. (12 Marks) b) Africa has lots of market agreements yet the same agreements have failed. Discuss any four reasons for this failure. (8 Marks)
QUESTION FIVE (20 MARKS)
Policy makers particularly from developing countries occasionally try to impose trade barriers with a view of protecting domestic industries. This protectionist approach has yielded varying degree of results. Discuss common non-tariff barriers used by different nations in international business. Elucidate advantages and disadvantages that arise out of such protectionist approaches. (20 Marks)

Hbc2234:International Business Question Paper

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