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Dfi 001 Introduction To International Business Question Paper

Dfi 001 Introduction To International Business

Course:Diploma In Business Management

Institution: Kca University question papers

Exam Year:2014

UNIVERSITY EXAMINATIONS: 2013/2014
STAGE III ORDINARY EXAMINATION FOR THE DIPLOMA IN
BUSINESS MANAGEMENT
DFI 001 INTRODUCTION TO INTERNATIONAL BUSINESS
DATE: AUGUST 2014
TIME: 1 1/2 Hours
INSTRUCTION: Answer any THREE questions
QUESTION ONE: (20 MARKS)
a)
Citing specific examples, discuss the likely impact of economic risk in the international
market?
b)
(4 Marks)
A number of developing countries experienced the effects of globalization in the mid 70s
that brought tremendous change in the strategies and other activities in international
trade. Discuss the factors that have led to globalization today?
c)
(4 Marks)
Briefly discuss any three international corporate – level strategy that companies adopt in
the international market to advance their competitive edge?
(12 Marks)
QUESTION TWO: (20 MARKS)
a)
With specific examples, explain how culture affects the target group in international
business?
b)
(6 Marks)
The Kenya economy suffered a serious political unrest that reduced the level of its crucial
resources and interfered with its foreign relations. Based on this statement, explain the
impact of this political unrest in terms of International relations, revenue and the good
will with its trading partners.
c)
(8 Marks)
Discuss the characteristics that make developing nations a favoured target for investing
by developed nations?
(6 Marks)
1
QUESTION THREE: (20 MARKS)
a)
Your country is experiencing adverse disequilibrium in its Balance of payment. As a
student of international business, what advice would you give concerning the measures to
rectify the situation?
b)
(8 Marks)
Kenya has been a long time member of the International Monetary Fund. What benefits
does it enjoy by being a member of such an institution?
c)
(4 Marks)
Briefly explain how the “localization” or „?Buy Local?? strategy benefits by firms in the
international market?
(8 Marks)
QUESTION FOUR: (20 MARKS)
a)
Describe how the international firms utilize the economies of scale to enhance their
competitive advantage?
b)
(10 Marks)
Entry mode is always crucial for firms yearning to operate in the foreign market.
Decisions regarding this must rational to avoid future challenges. Explain why countries
find it more suitable to use import and export mode of entry?
(10 Marks)
QUESTION FIVE: (20 MARKS)
a)
Give arguments for and against the use of protection in the trade across the boarders?
(6 Marks)
b)
Explain the likely challenges experienced by companies that participate in foreign trade?
(8 Marks)
c)
Describe the approaches used by the Multinational Companies (MNCs) in the recruitment
of managerial positions of their subsidiaries in various countries?
2
(6 Marks)

Dfi 001 Introduction To International Business Question Paper

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