MGT520 MID TERM CURRENT PAPERS

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PAPER 1:
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks: 3
Total Long Subjective Question of 5 Marks: 2

1) Define three basic legal system (3 marks)

2) After 1980 mostly countries shifted their economies from planed a mixed economy
system to free market economy system. What were the basic reason for it?
3) What is religion and ethics system and do they effect economy? (3 marks)
4) Which political system is most appropriate for entrepreneurship? Give reason.
5) What is the free trade theory of Adam smith. Define its characteristics

PAPER 2:
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks: 3
Total Long Subjective Question of 5 Marks: 2

1) HOfsted model criticism and demerits, at least three points. 3 marks

2) After 1980 mostly countries shifted their economies from planed an mixed economy
system to free market economy system. what were the basic reason for it. 3 marks
3) First mover advantages and demerits if any. 5 marks
4) Another question was about your point of view regarding Hinduism and there
religious belief's implication on their economy. 5 marks
PAPER 3:
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks: 3
Total Long Subjective Question of 5 Marks: 2

1) Mercantile theory was presented in Britain in 16th century define. 3 marks

2) Define three types of legal system 3 marks
3) How many laws with reference to international business are practicing in the world
name them and also name the countries which follow them. 3 marks
4) Define how “late movers” obtain advantages or disadvantages. Explain with a
SCENARIO. 5 marks

5) Working in a culture where cultural differences are high or lower than the home
country. Define how managers tackle this issue using different tactics with
terminologies or factors. 5 marks

PAPER 4:
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks: 3
Total Long Subjective Question of 5 Marks: 2

1) China become economy power in coming year explain?

2) How to manage political risk factor in different culture and business?
3) Taoka and Beeman suggested these means of adaptation?
4) Define caste system, class system and social mobility?