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BUSMHR /2025 Exam Questions and Corresponding Answers with Surety of 100% Pass Mark

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BUSMHR /2025 Exam Questions and Corresponding Answers with Surety of 100% Pass Mark International Business -

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BUSMHR 2000 2024/2025 Exam
Questions and Corresponding Answers
with Surety of 100% Pass Mark



International Business - 🧠 ANSWER ✔✔The business activities that involve

the transfer of resources, goods, services knowledge, skills or information

across national boundaries.


Introduction - 🧠 ANSWER ✔✔We are moving toward a world in which

barriers to cross-border trade and investment are declining; perceived

distance is shrinking due to advances in transportation and

telecommunications technology; material culture is starting to look similar

the world over; and national economies are merging into an

interdependent, integrated global economic system. The process by which

this is occurring is commonly referred to as globalization.


Introduction Cont. - 🧠 ANSWER ✔✔Advances in technology, lower

transportation costs, and the rise of skilled workers in developing countries

imply that many services no longer need to be performed where they are

delivered.


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,International Bus. Involves - 🧠 ANSWER ✔✔-Individuals


-Companies

-Government bodies

-International institutions


International Bus. Includes - 🧠 ANSWER ✔✔Any activity or transaction

across borders


Usually in the Form of - 🧠 ANSWER ✔✔-Exports and imports


-Tangible products

-Intangibles including services and licensing


International Investments - 🧠 ANSWER ✔✔-Passive (portfolio investments)


-Active (foreign direct investments)


International vs. Domestic Bus. - 🧠 ANSWER ✔✔Environmental Dynamics


-Currency, inflation, interest rates, accounting practices, cultures, social

customs, laws, political stability




Operational Nature


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,-Communication, coordination, motivation, differences in organizational

principles and management philosophies


The Multinational Enterprise - 🧠 ANSWER ✔✔A firm that engages in

international investments

Also known as MNC, TNC or multinational firm


Home Country - 🧠 ANSWER ✔✔Country in which the MNE is

headquartered


Host Country - 🧠 ANSWER ✔✔Foreign country is which the MNE is doing

business


Globalization - 🧠 ANSWER ✔✔-Process of increasing interdependence and

integration of national economies

-Economic imperatives are usually the driving factor

-Lower prices

-Higher quality

-More products to choose from

-Can cause clashes between societies




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, Globalization Cont. - 🧠 ANSWER ✔✔Refers to the shift toward a more

integrated and interdependent world economy. Globalization has several

facets, including the globalization of markets and the globalization of

production.




Trend away from distinct national economic units and toward one huge

global market.


Globalization of Markets - 🧠 ANSWER ✔✔-Sell the product or service in

many countries

-Economies of scale

-Higher revenue base




Moving away from an economic system in which national markets are

distinct entities, isolated by trade barriers and barriers of distance, time,

and culture, and toward a system in which national markets are merging

into one global market.




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