CUSTOMER_CODE
SMUDE
DIVISION_CODE
SMUDE
EVENT_CODE
JULY15
ASSESSMENT_CODE MB0053_JULY15
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
17606
QUESTION_TEXT
Explain Hofstede’s cultural dimensions
The five cultural dimensions are
Power distance index
Individualism
SCHEME OF EVALUATION
Masculinity
Uncertainty avoidance index
Long term orientation
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
17607
QUESTION_TEXT
Explain in details the motives for foreign investments
Political motive
SCHEME OF EVALUATION Competitive motive
Economic motives
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
17609
QUESTION_TEXT
Discus the strategies to enter international business
1. Exports strategy (2 marks)
2. Licensing (2 marks)
3. Franchising (2 marks)
4. Foreign direct investment (FDI)
SCHEME OF EVALUATION
a. Wholly owned subsidiary (1 mark)
b. Joint venture (1 mark)
c. Merger or acquisition (1 mark)
d. Strategic investment (1 mark)
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
73307
QUESTION_TEXT
What are the advantages of Global sourcing?
SCHEME OF
EVALUATION
1. Benefits of core competency (1.5 marks)
2. Effective and efficient business operations (1.5 marks)
3. Reduced overhead expenses (1.5 marks)
4. Better control on operations (1.5 marks)
5. Manpower staffing flexibility (2 marks)
6. Sustainable business operations and reduced risks (2
marks)
QUESTION_T
DESCRIPTIVE_QUESTION
YPE
QUESTION_ID 125919
QUESTION_T
Differentiate between international and global strategies
EXT
SCHEME OF
EVALUATION
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
125921
QUESTION_TEXT
What do you mean by Human Resource Planning? Discuss the different
approaches to staffing in an international business.
Human resource planning: It is the process of assessing staffing
requirement for the future and taking care of the adequate and timely
supply of human resources for the same. (2 marks)
Staffing policies in international business:
SCHEME OF
EVALUATION
1.
Ethnocentric approach (2 marks)
2.
Polycentric approach (2 marks)
3.
Region centric approach (2 marks)
4.
Geocentric approach (2 marks)