Sample short-answer questions

BUSM1227 International Business

Sample exam questions

(adapted from previous exams)

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.