BUSM1227 International Business Sample exam questions (adapted from previous exams) Section 2: Anser an! " out of t#e folloin$ % questions (eac# questi carries 1& mar's totall! "& mar's for t#is section) uestion 1: Describe the major differences between managing an international business and mana domestic business uestion 2: Please explain your views on Born Global concept. Why most modern MNCs are ‘born global What are the "ey #actors in#luencing the rapidness o# #irm to become ‘global at its ea uestion ": $nternational business is the business o# culture. Please explain your view on the cult challenges in managing international business organisation in Sin$apore. uestion *: What are the main advantages and disadvantages of the ethnocentric and regiocentri international staffing policy? When is each approach appropriate? (Illustrate with uestion %: Please explain your views on the "ey challenges #or an MNC to manage international huma resources.
Section 2: Answer any 3 out of the following 5 questions (each
question carries 10 marks; totally 30 marks for this section)
Question 1:
Describe the major differences between managing an international
business and managing a domestic businessQuestion 2: Please explain
your views on Born Global concept. Why most modern MNCs are born
global? What are the key factors influencing the rapidness of firm
to become global at its early stage?
Question 3: International business is the business of culture.
Please explain your view on the cultural challenges in managing
international business organisation in Singapore.
Question 4:What are the main advantages and disadvantages of the
ethnocentric and regiocentric approaches to international staffing
policy? When is each approach appropriate? (Illustrate with
examples)
Question 5:Please explain your views on the key challenges for
an MNC to manage international human resources.
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