Professional Documents
Culture Documents
Q. 1 Write down the difference between international Vs global business? And what are the
benefits of globalization?
Answer:International vs. global business:International companies Companies that deal with foreign countries for their business are
considered as international companies. They can be exporters or importers who may not have any
investments in any other country, apart from their home country.
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Q2. Elaborate in detail comparative study on cultures of Japan, China, Brazil and France.
Elaborate in detail comparative study on cultures of Japan, China, Brazil and France
10
Answer:Every country has its own style of communication, the way they treat women in business and dressing
Q3 Write a short note on Advantages of foreign direct investment and types of foreign direct
investment.
Write a short note on Advantages of foreign direct investment and types of foreign
direct investment 5+ 5= 10
Q4 What are the key objectives and function of World Trade organization?
Answer:Objectives of WTO:The key objective of WTO is to promote and ensure international trade in developing countries. The other
major functions include:
Helping trade flows by encouraging nations to adopt discriminatory trade policies.
Q5 Explain in detail about international regulatory Bodies.
Answer:-
Certain regulatory bodies are active in bringing out harmonisation of accounting standards. Efforts of some
of the bodies are explained here.
European Union
Q6 What are the various export promotion schemes offered by government in order to
promote export from the country?
Answer:Government, in order to promote the exports from the country, offers some export assistance and export
promotion schemes so that exporters
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