Mba students of icfai university, during the course have to study international management and have to take its exam. The subject is about managing businesses and is one of the most important subjects for mba students. information on subject and pattern of question paper this is a subject regarding management of various business firms at the international level. This subject will give the students an insight on how to run a business at the highest echelon. After evaluating all the choices, the candidate has to make the most appropriate choice from the available ones. Section b is totally descriptive and consists of both numerical problems and questions that are to be answered after reading the paragraphs printed in the paper.

Referring to books like management functions and behaviour and organisational design, development and change will help to crack the exam. marking scheme and duration of the paper the paper is for a total of 100 marks. Section a consists of 30 objective questions and contributes 30 marks. section b contributes 50 marks and section c contributes 20 marks.

When it comes to essay questions, marks will be penalized if the points are not explained properly. The candidates are allotted three hours for answering all the questions in the paper. In addition to the three hours for answering the paper, 15 minutes will be provided for reading the question paper.

download icfai university, mba, international management i papers management of international operations mb361op: january 2008 section a. Basic concepts 30 marks this section consists of questions with serial number 1 30. The logistics system formed by different members in the global supply chain, hence need to integrate its activities for achieving its global objectives. Which of the following statements is/are true regarding sectorial integration which is a part of supply chain integration? i. The corporation integrates its activities with the members of external supply chain.

International Business Essay

Different geographical sectors of the organization are integrated to fulfill the customer requirements. A only i above b only ii above c only i above d both i and ii above e all i , ii and i above. In order to face the challenges of global operations and logistics, organizations looking for new approaches like modularization. Information must be communicated so that each actor in the logistics chain may translate downstream demand into internal operation tasks. Which of the following is not included in the planning process for the logistics chain at the distributor’s or service p rovider’s level? a forecast demand for finished products b flow management in the stores c planning of warehouse to store transportation d wareho use flo w management e production planning. To analyze the causes of shortages in inventory, factors related to both the producer and the distributor should be measured.

Which of the following is not a producer factor measuring the potential causes of shortages in a inventory level b promotion management c lack of reliable forecasting d practice of speculative purchasing e unreliability of suppliers. Which of the follo wing dimensions is/are affected by the outsourcing function due to its direct involvement with the inbound logistics? i. A only i above b only ii above c only i above d both i and ii above e both ii and i above. The importance of which of the following components of the global cost forces is diminished due to advancement in technology? a direct labor cost b capital costs d total q uality costs e government subsidies.

Which of the fo llowing is the stage in designing the flow management system that consists of rules and procedures that contro l the execution of the required steps? a logistics considerations in product design b setting objectives c designing the information systems d design of a physical system e designing the management system. A comprehensive operations and logistics strategy made up of various decisio n categories is further classified into structural and infrastructural decisio ns. Which of the follo wing structural d ecisions may be focused by geo graphy, product group, process type, or stage in the product life cycle? a operations process technology b facilities network c distribution planning and control d logistics process technology e vertical integration. Distribution channels have been the subject of significantly important theoretical developments from different schools of thought. Which of the following statements is/are true relating to the approaches to the distribution i. The functional view of distribution channels attempts to answer questions such as should freight and warehousing be entrusted to an agent within their own structure or should they be contracted out to a logistics firm. The consumer utility mo del relies on macroeco no mic paradigms, the focal point of which is the equilibrium between market and resource allocation.

The po stponement and speculative model put forth an analysis of the intermediary’s margin associated with the degree of risk related to speculative gain. A only i above b both i and ii above c both i and i above d both ii and i above e i , ii and i above. The bullwhip effect that is a common pheno menon in many industries is taught in many business schools and industrial engineering departmen ts usin g an effective experiential game called the beer game. Which of the following changes in consumer behavior that have caused manufacturers, wholesalers, and retailers to adapt their strategies and organization structure in order to meet new expectations represents an end to the era of standard products giving rise to the era of extreme product customization? a individualism b time based competition c environmentalism d global products e local marketing. Which of the follo wing statements represent the exposure that is most important to operations managers? i. It arises by changing the domestic currency value of net assets held in foreign currency.

Law And Inequality Thesis

It arises by changing the domestic currency value of future cash flows to be earned in foreign currencies or by chang ing a firm’s future competitive position. Substantial price pressures in the marketplace with limited effects on a firm’s cost structure imply a large negative impact on this exposure. A both i and i above b both ii and iv above c i , ii and i above d i , i and iv above e ii , i and iv abo ve. Which o f the follo win g areas of decision making in the development of financial strategy in volves acco unting procedures, measures of financial performance, scope of treasury function and requires information systems a managerial infrastructure b risk management c working capital management d capital budgeting e equity management and dividends policy.

12.which of the following statements is/are true relating to the dominant theory in international production based on the concept of an international product life cycle? i. Und er this theory, a company introduces a product in one or several developed country markets. The company b egins shipping it to d eveloping country markets when the product enters th e growth stage of its life cycle in these markets. This strategy regenerated or extended the product’s total life cycle by sequentially cultivating markets that lagged behind in customer needs.

A only i above b both i and ii above c both i and i above d both ii and i above e all i , ii and i above. 13.which of the following is not true regarding the japanese mo del to supply chain management? a it uses multiple criteria rather than emp hasizing on price b it encourages fewer selected suppliers c it enables sharing of the improvement benefits based on relative power d it involves quasi vertical integration e it encourages joint solving of the problems. Which of the following risks is/are built in risks when outsourcing logistics to a third party firm? i.

A only i above b both i and iv abo ve c i , ii and iv above d i , i and iv above e all i , ii , i and iv above. 15.modularization and postpo nement concepts used in pro duct and process design focus on the advantages of economies of scale and scope. Modularization is a product design approach in which the product is assembled from a set of standardized constituent units. Postponement is a value addition process for a set of end products that maximizes the common processing requirements shared by those products. A both i and ii above b i , ii and i above c i , ii and iv above d ii , i and iv abo ve e all i , ii , i and iv above. 16.management of global operations and logistics differs from management o f domestic operations in several ways.