MSME TECHNOLOGY DEVELOPMENT CENTRE

CENTRAL FOOTWEAR TRAINING INSTITUTE,AGRA

ONE-YEAR POST GRADUATE DIPLOMA IN
FOOTWEAR TECHNOLOGY 5th BATCH
SUB: UNIT-11, IB&C

MARKS:100

PART-A
= 20

2 X 10

1.WTO was established in year

a)1955
b)1980
c)1995
d)1976

2. Which among the following is the ill-effect of globalization to home

country
a)Increased competetion
b)Brain drain
c)Incresed FDI
d)None of the above.
3. Which is not the benefit of involving employee in through share options
etc. in their compensation structure?
a)Decreased employee performance
b)Attract quality workers
c)Meet organization goals
d)Maintain a healthy work atmosphere.
4.In this arrangeemnt one organisation from outside the country or inside
participate in the equity capital of the company to carry out work for
relatively longer time period.
a)Joint venture
b) Family culture
c) Exporting
d)licensing
5. Complete the phrase with appropriate word Working smart not
-------------

a)Soft
b)Bad
c)Good
d)Hard
6. Integartion of all economies of world on a common platform refers to
a)Globalization
b)Liberalization
c)Privatization
d)All of the above
7. Which is not the part of factors of production.
a)Land
b) Labor
c)Entrepreneurship
d)Productivity
8 . The acronym GATT stands for ---------------a) General agreement on tariff and trade
b)General agreement on tariff and tax
c) Guided agreement on tariff and tax
d) None of the above.
9 . Find the odd one with respect to barriers of social responsibility.
a)Urge to make pofit
b)Desire to amass huge wealth
c)Problem of exploiatation
d)High profitability.
10. International development Association was set up in 1960 as an
affiliate of the world bank.It was developed to provide finance to less
developed member countries on a ----------loan basis
a)Hard loan
b)Major loan
c)Priority loan
d)Soft loan

Short answer type questions

PART-B
= 20

5X 4

Attempt any four out of the following series of questions

1.Differentiate between domestic and international business.
2.Disuss meaning of international business and briefly explain how it is different
from international trade.
3. Discuss value of money in terms of efficiency,economyand effectiveness.
4. Define market share and how it is calculated
5. Discuss the advantages of employee involvement in decision making.

PART-C
2= 20
Attempt any two out of the following series of questions

10 X

1. Write a note on globalization and dicuss the importance of globalization for

boosting footwear industry in your own words.
2. Discuss the importance of lean and mean in production.
3. Working smart not hard is the buzzword of modern scenario at work place. In
the light of this statement describe some techniques adopting how you can
become a smart worker.
4. Discuss the importance of WTO in world trade.

PART-D

2X 20 =

40

Long answer type questions

Attempt any two out of the following series of questions
1

Discuss modes of entry into international business with suitable examples.

Why should business be socially responsible? Discuss social responsibility of

business towards different interest groups.

Write a note on
a)World bank
b)IMF