11 Jul 2014

Smu mba international business management sample paper set one


Unit 01-1 Mark

4. What is the currency of Malaysia?
Euro
Should have chosen
Ringgit
Yuan
Wrong
Rupee
Feedback:Not the right choice-Rupee is the Indian currency.
5. Which international company is based in Finland?
Videocon
Should have chosen
Nokia
Motorola
LG
6. Which is the popular mode of entry into foreign markets?
Should have chosen
Joint Venture
Strategic investment
Franchising
Unit 01-2 Mark
1. Identify the true and false statements. 1. Monitoring licenses and safeguarding companys Intellectual Property Rights can prove to be challenging in an international scenario. 2. Export strategy maximises the risk component and the capital requirement.
Wrong
1T, 2T
Feedback:Not the right choice Statement 1 is true and statement 2 is not true because export strategy minimises the risk component and the capital requirement.
Should have chosen
1T, 2F
1F, 2F
1F, 2T
2. The use of mobile telephony, __________ and __________ has reduced the time needed for decision making at an international level.
Satellite connectivity, emerging markets
Wrong
Wireless communications, global marketplace
Feedback:Not the right choice A company must have a good product, the right strategy and an appetite to take risk at the global marketplace in order to do business internationally in global marketplace.
Satellite connectivity, trading blocs
Should have chosen
Wireless communications, satellite connectivity
3. __________ and ____________ are the two types of competitive strategies.
Should have chosen
Multinational strategy, global competitive strategy
Multinational strategy, international business
Global competitive strategy, licensing
Wrong
Global competitive strategy, FDI
Feedback:Not the right choice FDI is the investment made by a company in a foreign country to start its operations.
4. Identify the true and false statements. 1. Competition in each national market is dependent upon the competition in other national markets. 2. Globalisation is advantageous for the economy of countries because it promotes prosperity in the countries that embrace globalisation.
1F, 2F
1T, 2F
Should have chosen
1F, 2T
Wrong
1T, 2T
Feedback:Not the right choice Statement 1 is not true because competition in each national market is independent of competition in other national markets and statement 2 is true.

Unit 01-4 Mark
1. Match the following:
Match
Correct Answer
User answer
Feedback
Low cost production
Labour is cost effective and in abundant supply
Labour is cost effective and in abundant supply
correct
Strategic resources
Human in nature or natural resources like minerals
Human in nature or natural resources like minerals
correct
Large customer base
More customers, better revenues, increased profits, and lateral growth
Unique competencies and capabilities
incorrect
Competitive advantage
Unique competencies and capabilities
More customers, better revenues, increased profits, and lateral growth
incorrect
2. Match the following:
Match
Correct Answer
User answer
Feedback
Licensing
Safeguarding companys intellectual property rights
Extension of domestic operations
incorrect
Exports strategy
Extension of domestic operations
Investment made in a foreign country
incorrect
Foreign direct investment
Investment made in a foreign country
International expansion efforts of service or retailing companie
incorrect
Franchising
International expansion efforts of service or retailing companie
Safeguarding companys intellectual property rights
incorrect
3. Identify the true and false statements. 1. International business is mainly concerned with the issues that are related to international companies and governments cross border transactions. 2. In international trade a company can move its goods and services almost freely within the country. 3. Under the Marrakech agreement, WTO was formed to replace GATT. 4. International business organisations does not face regional customer challenges.
Should have chosen
1T, 2F, 3T, 4F
Wrong
1F, 2F, 3T, 4F
Feedback:Not the right choice Statement 1 is true, statement 2 is false because a company can move its goods and services almost freely within the country in domestic trade and statement 4 is false because an international organisation has to face the challenges of multiple regional customers, each with unique requirements. Statement 3 is true.
1T, 2T, 3F, 4T
1F, 2T, 3F, 4T

1. Geographic distance is shrinking because of the ________.
International business
Wrong
Culture
Feedback:Not the right choice-The companys management has to study different cultures and get accustomed to different languages, culture, sentiments, and traditions of the foreign country in order to conduct business productively.
Should have chosen
Internet
Competitive advantage
2. The origin of international trade can be traced thousands of years back to the _______.
Should have chosen
Babylonians
Germans
Wrong
Hans
Feedback:Not the right choice-The Han dynasty is related to the silk road used for international business traced after its origin by the Babylonians.
Americans
3. The worldwide trend of businesses expanding beyond their domestic boundaries is termed as ________.
Multinational strategy
FDI
Wrong
Franchising
Feedback:Not the right choice-The franchisee bears almost all the costs and risks in establishing the foreign operations.
Should have chosen
Globalisation

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