Q.

Explain the Difference between Domestic and International

Business. Also discuss the nature and scope of international
business
 Domestic and International Business
 Nature of International Business
1. International Restriction
2. Market Segmentation
3. Sensitive Nature
 Scope of International business
 Difference Between Domestic and International
Q. Why do business firm of a country go to other countries.
Discuss different modes of entry to international to International
Market.
 Reason For Expansion of Business International
 Different Entry modes-
a) Exporting
b) Licensing
c) Strategic Acquisition
d) Foreign Direct Investment
e) Contract Manufacturing
f) Merger and Acquisitions
g) Outsourcing
h) Franchising
Q. Explain the concept of Protectionism. Discuss Tariff and non
tariff barriers in details.

 Trade Protectionism
 Types of Protectionism
a) Tariff
b) Quatar
c) Subsidies
d) Standardization
 Tariff Barriers
 Non- Tariff Barriers
Q. Explain the concept of Regional Economic Grouping in
global market. Discuss its advantages and disadvantages

 Concept of Regional economic grouping

 Forms of Regional Economic Grouping
 Advantages
 Disadvantages
Q. Why is it necessary to scan Business Environment. Discuss
the main dimensions, explain the impact of international
environmental forces on business.
 Business Environment
 Dimension of Business Environment
a) Economic Environment
b) Social Environment
c) Legal Environment
d) Political Environment
e) Technological Environment
 Impact of Business Environment
Q. Regionalism VS multilateralism. Explain

 Regionalism
A) Advantages
B) Disadvantages
 Multilateralism
A) Advantages
B) Disadvantages
Q. What do you understand by Global system of trade
preferences (GSTP). Discuss Preferential Trade Area

 Global System of Trade Preferences

 Professional Trade Area

Q. Explain in brief about World Trade Organization

 World Trade Organization

 Reason For Establishment

 Function and Secretariat

Q. Discuss Information Technology and its use in international
business

 Information Technology Definitions

 Use of IT in Business